NewsFeeds 12.13.10

Apartment rents are up, vacancy rate down (Inside Business)
Rents are up and the vacancy rate is down for apartments in Hampton Roads, according to the latest survey by research consultant Real Data.

At auction, Kluge wine goes for as low as $2 a case (C-Ville)
Part of the 10,000 cases of Kluge Winery & Vineyard wines up for sale at a Saturday auction in Madison County, a case of Patricia Kluge’s 2006 Simply Red went for as little as $2.

Collection fills 909 Saloon (Freelance Star)
A longtime Fredericksburg restaurateur has returned to the downtown scene with a saloon that pays homage to the classic rock music he grew up with.

Most local Washington area banks have yet to fully repay TARP funds (Washington Post)
A majority of Washington area community banks that tapped the federal Troubled Asset Relief Program have yet to repay their balances, while several of their larger counterparts are closing out their debts.

Madoff Lawsuits Are Headed for Court (NY Times)
With the final deadline for litigation having passed at midnight on Saturday, at least 1,000 individual civil lawsuits will now go forward to try to recover more than $50 billion for the victims of the global Ponzi scheme orchestrated by Bernard L. Madoff.

The Most Fascinating Deals of 2010 (Inc.)
From Groupon’s surprise rebuff to Tesla’s soaring IPO, here are some of the year’s most compelling mergers, acquisitions, and public offerings.

How Entrepreneurs Can Fill the “GAAP” (WSJ)
Never mind traditional accounting principles. When it comes to managing costs, the best approach to growing a profitable business is to deduct your profits first.

Apartment rents are up, vacancy rate down (Inside Business)
Rents are up and the vacancy rate is down for apartments in Hampton Roads, according to the latest survey by research consultant Real Data.

At auction, Kluge wine goes for as low as $2 a case (C-Ville)
Part of the 10,000 cases of Kluge Winery & Vineyard wines up for sale at a Saturday auction in Madison County, a case of Patricia Kluge’s 2006 Simply Red went for as little as $2.

Collection fills 909 Saloon (Freelance Star)
A longtime Fredericksburg restaurateur has returned to the downtown scene with a saloon that pays homage to the classic rock music he grew up with.

Most local Washington area banks have yet to fully repay TARP funds (Washington Post)
A majority of Washington area community banks that tapped the federal Troubled Asset Relief Program have yet to repay their balances, while several of their larger counterparts are closing out their debts.

Madoff Lawsuits Are Headed for Court (NY Times)
With the final deadline for litigation having passed at midnight on Saturday, at least 1,000 individual civil lawsuits will now go forward to try to recover more than $50 billion for the victims of the global Ponzi scheme orchestrated by Bernard L. Madoff.

The Most Fascinating Deals of 2010 (Inc.)
From Groupon’s surprise rebuff to Tesla’s soaring IPO, here are some of the year’s most compelling mergers, acquisitions, and public offerings.

How Entrepreneurs Can Fill the “GAAP” (WSJ)
Never mind traditional accounting principles. When it comes to managing costs, the best approach to growing a profitable business is to deduct your profits first.

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