NewsFeeds 5.4.11

K. Hovnanian Homes buying lots in Stafford County (Free-Lance Star)
K. Hovnanian Homes appears to be bullish about the market for new homes in Stafford County. According to county land records, the home builder last month bought about 478 lots in two separate Stafford subdivisions–Leeland Station and Seasons Landing–for $18.6 million combined.

Madison winery again on auction block (Daily Progress)
Even though a Madison County winery is in foreclosure again, it doesn’t appear Donald Trump will have to step in.

Chartway takes over 3rd failed credit union in Utah (Virginian-Pilot)
Chartway Federal Credit Union took over its third failed credit union in Utah partly because of the prospect for strong loan growth in the Salt Lake City region, Chartway’s president and CEO said Tuesday.

Cityline Partners plot overhaul of Westpark offices in Tysons Corner (Washington Post)
Cityline Partners, the development group that controls Tysons Corner’s largest portfolio of properties, submitted plans to Fairfax County last week to transform the seven-building 1970s-era office park along Westpark Drive into up to 2.4 million square feet of new development.

Pandora Internet Radio Service to Offer Large Archive of Comedy Clips (NY Times)
The service will use computer algorithms to predict that kind of comedy that users will like.

Miami Heat: The World’s Greatest Chemistry Experiment (Fast Company)
A great article from this month’s issue: When the Miami Heat raided the free-agent talent market last summer, many people declared the franchise unstoppable. So far, it’s proven to be good, but vulnerable. What’s behind the group’s struggles? A lesson for us all in teamwork.

Are You CEO Material? (Inc.)
Norm Brodsky gives tips on how to determine if you are the right person to take your company to the next level.

Cheesecake Factory’s winning formula (Fortune)
Founder David Overton tells how he turned his parents’ business into a billion-dollar restaurant chain.

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