Local business groups push for NASCAR ticket sales (Times-Dispatch)
Several local leaders are urging business owners to buy tickets to the two NASCAR races in Richmond or run the risk of losing one or both.
TV correspondent Mudd gives $4 million to W&L (Roanoke Times)
Distinguished broadcast journalist and Washington and Lee University alumnus Roger Mudd gave $4 million last month to his alma mater to establish a center for the study of ethics.
1 in 5 mortgage borrowers in Hampton Roads ‘underwater’ (Virginian-Pilot)
The number of homeowners in Hampton Roads who owed more on their mortgages than their homes were worth climbed to more than 70,900 at the end of September, according to a report released Monday. That’s more than 1 in 5 local mortgage borrowers – 21.5 percent – who are “underwater” on the loans, according to CoreLogic, a Santa Ana, Calif.-based company that tracks mortgages across the country.
A Secretive Banking Elite Rules Trading in Derivatives (NY Times)
This story is really long, so best to print and read when you have ample time. On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan. The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential.
Web companies fear Google’s reach (Washington Post)
As the tech giant spreads its reach, it is making new enemies who fear that once Google steps onto their turf it will use its almighty search engine to quash them. Now, these critics are pushing antitrust officials to block some of Google’s mergers or build a blockbuster case against the search behemoth, reminiscent of the government’s battle with Microsoft.
Fashionable Faux Pas (Entrepreneur)
How startups are cashing in on the ugly sweater trend this holiday season.
Lending to Small Businesses Fell in Q3 (Business Week)
Though it was the smallest drop since early 2009, the results of the Fed report show small companies are still struggling to emerge from the recession.
Local business groups push for NASCAR ticket sales (Times-Dispatch)
Several local leaders are urging business owners to buy tickets to the two NASCAR races in Richmond or run the risk of losing one or both.
TV correspondent Mudd gives $4 million to W&L (Roanoke Times)
Distinguished broadcast journalist and Washington and Lee University alumnus Roger Mudd gave $4 million last month to his alma mater to establish a center for the study of ethics.
1 in 5 mortgage borrowers in Hampton Roads ‘underwater’ (Virginian-Pilot)
The number of homeowners in Hampton Roads who owed more on their mortgages than their homes were worth climbed to more than 70,900 at the end of September, according to a report released Monday. That’s more than 1 in 5 local mortgage borrowers – 21.5 percent – who are “underwater” on the loans, according to CoreLogic, a Santa Ana, Calif.-based company that tracks mortgages across the country.
A Secretive Banking Elite Rules Trading in Derivatives (NY Times)
This story is really long, so best to print and read when you have ample time. On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan. The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential.
Web companies fear Google’s reach (Washington Post)
As the tech giant spreads its reach, it is making new enemies who fear that once Google steps onto their turf it will use its almighty search engine to quash them. Now, these critics are pushing antitrust officials to block some of Google’s mergers or build a blockbuster case against the search behemoth, reminiscent of the government’s battle with Microsoft.
Fashionable Faux Pas (Entrepreneur)
How startups are cashing in on the ugly sweater trend this holiday season.
Lending to Small Businesses Fell in Q3 (Business Week)
Though it was the smallest drop since early 2009, the results of the Fed report show small companies are still struggling to emerge from the recession.