NewsFeeds 2.23.12

Benedictine alums want more financial information about school sale (Times-Dispatch)
Benedictine High School Headmaster Jesse Grapes has sought the buy-in of key donors, parents and alumni for a proposal to move the Catholic military academy from Richmond to a 50-acre property in Goochland County. But to the dismay of many, he has not provided the financial details of a deal he says is vital to the school’s sustainability.

Luxury used-car dealer investigated (Daily Press)
The Virginia Department of Motor Vehicles is conducting a criminal investigation into a shuttered Newport News used car dealer that customers say duped them out of thousands of dollars and, in some cases, their cars

Va. Beach amphitheater gets new name: Farm Bureau Live (Virginian-Pilot)
Representatives from Live Nation Entertainment and Virginia Farm Bureau Insurance announced a three-year partnership Tuesday that gives Virginia Farm Bureau Insurance the naming rights to the former Virginia Beach Amphitheater. Effective Tuesday, the venue is now called Farm Bureau Live at Virginia Beach.

Bank Closings Tilt Toward Poor Areas (NY Times)
Even as banks shut branches in poorer areas last year, they continued to expand in wealthier neighborhoods, an analysis of government data shows.

Sale of federal buildings could be difficult (Washington Post)
More than two years after the government tallied 14,000 vacant buildings under President George W. Bush and eight months after Obama issued a presidential memo asking that $3 billion in savings be found from shedding excess real estate, the public still knows little about the value, location, condition or size of those properties — much less how they might be purchased or leased.

Seven Networking No-Nos (WSJ)
What’s harder than making a great first impression? Undoing a bungled one.

Cash-Flow Crisis Is Recession’s Legacy for Small Biz (Business Week)
Companies reeling from stalled sales and tightened credit face formidable threats: customers paying more slowly and suppliers seeking to be paid more quickly

Benedictine alums want more financial information about school sale (Times-Dispatch)
Benedictine High School Headmaster Jesse Grapes has sought the buy-in of key donors, parents and alumni for a proposal to move the Catholic military academy from Richmond to a 50-acre property in Goochland County. But to the dismay of many, he has not provided the financial details of a deal he says is vital to the school’s sustainability.

Luxury used-car dealer investigated (Daily Press)
The Virginia Department of Motor Vehicles is conducting a criminal investigation into a shuttered Newport News used car dealer that customers say duped them out of thousands of dollars and, in some cases, their cars

Va. Beach amphitheater gets new name: Farm Bureau Live (Virginian-Pilot)
Representatives from Live Nation Entertainment and Virginia Farm Bureau Insurance announced a three-year partnership Tuesday that gives Virginia Farm Bureau Insurance the naming rights to the former Virginia Beach Amphitheater. Effective Tuesday, the venue is now called Farm Bureau Live at Virginia Beach.

Bank Closings Tilt Toward Poor Areas (NY Times)
Even as banks shut branches in poorer areas last year, they continued to expand in wealthier neighborhoods, an analysis of government data shows.

Sale of federal buildings could be difficult (Washington Post)
More than two years after the government tallied 14,000 vacant buildings under President George W. Bush and eight months after Obama issued a presidential memo asking that $3 billion in savings be found from shedding excess real estate, the public still knows little about the value, location, condition or size of those properties — much less how they might be purchased or leased.

Seven Networking No-Nos (WSJ)
What’s harder than making a great first impression? Undoing a bungled one.

Cash-Flow Crisis Is Recession’s Legacy for Small Biz (Business Week)
Companies reeling from stalled sales and tightened credit face formidable threats: customers paying more slowly and suppliers seeking to be paid more quickly

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