Fredericksburg considers a return to Main Street (Free-Lance Star)
Fredericksburg is giving serious thought to joining the Virginia Main Street Program, which tries to develop thriving downtown business districts. Fredericksburg’s Economic Development Authority has endorsed the idea of joining the program as a full member and providing some preliminary funding to get it going. The city is already an affiliate member.
Volvo set to restore 700 jobs in Dublin (Roanoke Times)
The move reflects a cyclical increase in demand for heavy trucks and comes just days after a new union contract was ratified.
Sales of fuel-efficient autos stall despite high gas prices (USA Today)
Automakers are spending more than $50 billion to meet the government’s 2016 fuel-economy law, but consumers aren’t buying enough of the fuel-efficient vehicles necessary to allow automakers to achieve the required 35.5 miles-per-gallon average.
Facebook, Your Future Bank (Business Week)
Forget sharing photos. Mark Zuckerberg may soon manage your finances.
Few Banks Seek Funds for Small Businesses (WSJ)
The Obama administration announced with much fanfare last fall that it would set aside $30 billion for a program to revive small-business lending. But only 7% of banks have participated in it.
The New Junk Food (Fast Company)
Jeff Dunn believes he can double the $1 billion baby-carrot business — and promote healthy eating — by marketing the vegetable like doritos. His secret weapon? He knows every snack-marketing trick in the book.