NewsFeeds 1.17.11

Norfolk man starts Trader Joe’s petition for downtown (Virginian-Pilot)
A downtown Norfolk resident has started a petition drive to persuade specialty grocer Trader Joe’s to take over The Market at Harbor Heights, which closed Saturday.

Heat is on: AG says Biscuit Run deal under scrutiny (The Hook)
Recently disclosed details of the Biscuit Run state park deal have prompted more than public outrage— they may have prompted an investigation into the transaction that some allege was a government bailout of wealthy investors at taxpayers’ expense.

Lawsuit Loans Add New Risk for the Injured (NY Times)
Lending to plaintiffs is usually unregulated, leaving the industry free to ignore laws that protect borrowers.

Banks allow ads in online checking accounts (Washington Post)
As banks test new ways to make money and attract customers, they are tucking ads onto the list of recent purchases on consumers’ online bank statements. The charge for your breakfast at McDonald’s, for example, might be followed with an offer for 10 percent cash back on your next meal at the Golden Arches. There’s no need to print a coupon – just click the link, and the chain will recognize your debit card the next time it is swiped.

WikiLeaks documents reveal crisis-hit Iceland asked for $1 billion loan from US (AP)
Documents released by WikiLeaks  reveal that cash-hungry Iceland asked for a $1 billion loan from the United States in 2008 to stop its economic collapse.

8 Steps to Successful Onboarding (Inc.)
An employee’s first 90 days are critical to ensuring that she becomes a successful member of your business. Here’s how to start her off right.

Own a business? 6 new tax breaks (Fortune)
Here is a rundown of six new credits and deductions likely to affect the most small business owners.

Norfolk man starts Trader Joe’s petition for downtown (Virginian-Pilot)
A downtown Norfolk resident has started a petition drive to persuade specialty grocer Trader Joe’s to take over The Market at Harbor Heights, which closed Saturday.

Heat is on: AG says Biscuit Run deal under scrutiny (The Hook)
Recently disclosed details of the Biscuit Run state park deal have prompted more than public outrage— they may have prompted an investigation into the transaction that some allege was a government bailout of wealthy investors at taxpayers’ expense.

Lawsuit Loans Add New Risk for the Injured (NY Times)
Lending to plaintiffs is usually unregulated, leaving the industry free to ignore laws that protect borrowers.

Banks allow ads in online checking accounts (Washington Post)
As banks test new ways to make money and attract customers, they are tucking ads onto the list of recent purchases on consumers’ online bank statements. The charge for your breakfast at McDonald’s, for example, might be followed with an offer for 10 percent cash back on your next meal at the Golden Arches. There’s no need to print a coupon – just click the link, and the chain will recognize your debit card the next time it is swiped.

WikiLeaks documents reveal crisis-hit Iceland asked for $1 billion loan from US (AP)
Documents released by WikiLeaks  reveal that cash-hungry Iceland asked for a $1 billion loan from the United States in 2008 to stop its economic collapse.

8 Steps to Successful Onboarding (Inc.)
An employee’s first 90 days are critical to ensuring that she becomes a successful member of your business. Here’s how to start her off right.

Own a business? 6 new tax breaks (Fortune)
Here is a rundown of six new credits and deductions likely to affect the most small business owners.

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