NewsFeeds 12.21.10

S-A-T-I-R-E Joel Bieber Getting Tired Of The Justin Bieber Jokes (Tobacco Avenue)
“No, Justin is of no relation and is not my son or nephew. It’s just like, ‘Okay, our last names are spelled the same and our first names both begin with a J, I get it,’ move on,” said Bieber, who noted that if his name was Joel Pitt people likely would not ask whether he was related to Brad Pitt, and also have you ever been involved in a crash with a tractor trailer truck?

State and Norfolk Southern sign agreement to upgrade tracks (Times-Dispatch)
The state and Norfolk Southern Corp. have signed an agreement to upgrade the company’s railroad tracks between Petersburg and Norfolk so passenger trains can run on them.

LifeNet Health to buy Beach land, build medical facility (Virginian-Pilot)
LifeNet Health, one of the nation’s largest organ and tissue banks, plans to spend more than $14 million to buy roughly 6 acres of land and build a 42,000-square-foot medical building adjacent to its headquarters.

D.C.-backed weekend Latino food market upsets some restaurateurs (Washington Post)
To supporters, an outdoor market has brought a vibrant, festive flavor to the neighborhood. But to restaurant owners, it constitutes unfair competition.

Homeowners use ‘show me the note’ to fight foreclosure (USA Today)
Attorneys allege that companies used shoddy practices at the height of the subprime lending boom when reselling mortgage loans in rapid-fire fashion, leaving questions now about mortgage ownership as foreclosures mount.

Tax deduction for mortgage interest could be on the chopping block (LA Times)
It’s been around since 1913, but its time may be up. Such a change would generate billions of dollars in federal revenue that could be used to cut the deficit while inflicting little pain on most middle-class homeowners.

Inside the Mind of an Investor (Inc.)
Bill Draper of venture capital firm Draper Richards offers advice on what it takes to succeed as an entrepreneur—no matter where your money comes from.

Hope for small businesses on debit-card fees (Fortune)
It’s not every day that Main Street gets a slam dunk on Wall Street. But the Federal Reserve’s proposed cap on “swipe fees” could significantly reduce small businesses’ costs while cutting into big credit card company’s profits.

Notify of
Inline Feedbacks
View all comments