NewsFeeds 9.21.11

 

Porn No More? Tri-Angle Sold (Style Weekly)
A hoary adult bookstore that long was a North Boulevard fixture has been sold, leaving its neighbors to wonder what will happen to the building.

Whole Foods eyed as a natural fit (Virginia Gazette)
The buzz is that the organic chain Whole Foods is looking at Colony Square or Settler’s Market. Store operators at Colony Square have seen Whole Foods execs checking out the old Fresh Market. But it may not be big enough.

Watergate office building to be sold (Washington Post)
The Watergate office building, home of the infamous break-in that led to President Richard M. Nixon’s resignation, is under contract to be sold to District-based private equity real estate investor Penzance Cos., according to two sources familiar with the deal.

Bay Electric lays off 30 workers, blames economic slowdown (Daily Press)
Bay Electric Co. laid off nearly 30 workers over the last two weeks, the result of a slowdown in government and commercial construction, the company’s owner said Tuesday.

Poker Web Site Cheated Users, U.S. Suit Says (NY Times)
The millions of people who signed up for a Web site called Full Tilt Poker knew they were there to gamble. But it turns out they were taking on far more risk than they realized, even when they had no chips on the virtual table.

IPads increasingly crop up on restaurant menus for ordering (USA Today)
It doesn’t make the ordering process more accurate, says Ed Frechette, vice president of marketing for Au Bon Pain. But “it’s tech, so it’s fun.”

Get ‘Em While They Last: ‘Daily Deal’ Sites Dying Fast (WSJ)
Editor’s Pick: Nearly one-third of all daily-deal sites nationwide—or 170 of 530—have shut down or been sold so far this year, according to daily-deal-site aggregator Yipit.com, including sites with names such as Scoop St. and RelishNYC. Even big operations such as Facebook Inc. and Yelp Inc. that could capitalize on their large audiences to build a daily-deals business have recently pulled back on the service.

How Risky Are Cash Advances? (Inc.)
While they may be a quick source of capital, cash advances can be a gamble. Ask yourself these four questions before tapping into this risky source.

America’s Best Young Entrepreneurs 2011 (Business Week)
Meet the 25 most impressive U.S. companies in Businessweek.com’s seventh annual roundup of promising U.S. entrepreneurs age 25 and under.

UCLA’s plan to take its B-school private (Fortune)
Without state funding, the Anderson School would gain autonomy. But would it abandon its public mission? The debate could be an MBA case study.

 

Porn No More? Tri-Angle Sold (Style Weekly)
A hoary adult bookstore that long was a North Boulevard fixture has been sold, leaving its neighbors to wonder what will happen to the building.

Whole Foods eyed as a natural fit (Virginia Gazette)
The buzz is that the organic chain Whole Foods is looking at Colony Square or Settler’s Market. Store operators at Colony Square have seen Whole Foods execs checking out the old Fresh Market. But it may not be big enough.

Watergate office building to be sold (Washington Post)
The Watergate office building, home of the infamous break-in that led to President Richard M. Nixon’s resignation, is under contract to be sold to District-based private equity real estate investor Penzance Cos., according to two sources familiar with the deal.

Bay Electric lays off 30 workers, blames economic slowdown (Daily Press)
Bay Electric Co. laid off nearly 30 workers over the last two weeks, the result of a slowdown in government and commercial construction, the company’s owner said Tuesday.

Poker Web Site Cheated Users, U.S. Suit Says (NY Times)
The millions of people who signed up for a Web site called Full Tilt Poker knew they were there to gamble. But it turns out they were taking on far more risk than they realized, even when they had no chips on the virtual table.

IPads increasingly crop up on restaurant menus for ordering (USA Today)
It doesn’t make the ordering process more accurate, says Ed Frechette, vice president of marketing for Au Bon Pain. But “it’s tech, so it’s fun.”

Get ‘Em While They Last: ‘Daily Deal’ Sites Dying Fast (WSJ)
Editor’s Pick: Nearly one-third of all daily-deal sites nationwide—or 170 of 530—have shut down or been sold so far this year, according to daily-deal-site aggregator Yipit.com, including sites with names such as Scoop St. and RelishNYC. Even big operations such as Facebook Inc. and Yelp Inc. that could capitalize on their large audiences to build a daily-deals business have recently pulled back on the service.

How Risky Are Cash Advances? (Inc.)
While they may be a quick source of capital, cash advances can be a gamble. Ask yourself these four questions before tapping into this risky source.

America’s Best Young Entrepreneurs 2011 (Business Week)
Meet the 25 most impressive U.S. companies in Businessweek.com’s seventh annual roundup of promising U.S. entrepreneurs age 25 and under.

UCLA’s plan to take its B-school private (Fortune)
Without state funding, the Anderson School would gain autonomy. But would it abandon its public mission? The debate could be an MBA case study.

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