NewsFeeds 3.25.11

Waterside Marriott unable to make Dec. loan payment (Virginian-Pilot)
The owner of the Norfolk Waterside Marriott missed the mortgage payment on its $62 million loan in December, according to a firm that tracks the market for commercial mortgage-backed securities.

ODU names Yochum as new business dean (Daily Press)
Gilbert Yochum has been named dean of the Old Dominion University’s College of Business and Public Administration. Yochum, an economics professor, has filled in as interim dean since August. His appointment followed a national search for the position.

Private companies may get role at Virginia’s rest areas (Roanoke Times)
McDonnell said he wants to open up advertising and sponsorships as a way to generate revenue.

G.E.’s Strategies Let It Avoid Taxes Altogether (NY Times)
General Electric is skilled at avoiding taxes, lately to the extent that the Treasury owes the company money.

Libya Has $70 Billion—and Nobody Wants It (Business Week)
Private equity firms such as Colony Capital once courted the country’s investments, but backed off before the war broke out.

Time for a New Business Partner? (Inc.)
Business partnerships are great—when they work. Here are five reasons it might be time to split up with your business partner.

The Weekly Wind-Down: CIA’s ‘Facebook’ Program Dramatically Cut Agency’s Costs (The Onion)
The CIA’s invention of Facebook has saved the government millions of dollars.

Waterside Marriott unable to make Dec. loan payment (Virginian-Pilot)
The owner of the Norfolk Waterside Marriott missed the mortgage payment on its $62 million loan in December, according to a firm that tracks the market for commercial mortgage-backed securities.

ODU names Yochum as new business dean (Daily Press)
Gilbert Yochum has been named dean of the Old Dominion University’s College of Business and Public Administration. Yochum, an economics professor, has filled in as interim dean since August. His appointment followed a national search for the position.

Private companies may get role at Virginia’s rest areas (Roanoke Times)
McDonnell said he wants to open up advertising and sponsorships as a way to generate revenue.

G.E.’s Strategies Let It Avoid Taxes Altogether (NY Times)
General Electric is skilled at avoiding taxes, lately to the extent that the Treasury owes the company money.

Libya Has $70 Billion—and Nobody Wants It (Business Week)
Private equity firms such as Colony Capital once courted the country’s investments, but backed off before the war broke out.

Time for a New Business Partner? (Inc.)
Business partnerships are great—when they work. Here are five reasons it might be time to split up with your business partner.

The Weekly Wind-Down: CIA’s ‘Facebook’ Program Dramatically Cut Agency’s Costs (The Onion)
The CIA’s invention of Facebook has saved the government millions of dollars.

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