NewsFeeds 11.18.11

 

Localities to pay more for employee pensions (Times-Dispatch)
Local governments face an increase of roughly 3 percent of pay in contributions for employee pensions, not including retirement for public school teachers.

At Va. Beach Town Center, dining and clubs are hot, but retail lags (Virginian-Pilot)
A new beer-focused restaurant and jazz and cigar club are opening soon, solidifying Town Center as a dining and nightlife destination. Some retail sites have struggled to find the same success.

Why that corporate cash pile isn’t so impressive (AP)
Hardly a day goes by without some politician or pundit pointing out that companies are hoarding cash — roughly $3 trillion of it. If only they would spend it, the thinking goes, the economy might get better. But the story is not as simple as that. Though it seems to have escaped nearly everyone’s notice, companies have piled up even more debt lately than they have cash. So they aren’t as free to spend as they may seem.

Yelp plans to raise $100 million in IPO (USA Today)
Yelp on Thursday filed to go public in a bid to test investor appetite for the local-reviews site.

Legg Mason fund manager to step down (Washington Post)
William Miller is known for beating the Standard & Poor’s 500 Index for a record 15 years through 2005.

12 Ways to (Legally) Spy on Competitors (Entrepreneur)
You may not have the resources to hire a competitive intelligence specialist, but small businesses can still unearth plenty of information about rivals.

The Weekly Wind-Down (New Yorker Cartoon)
A funny one about storing data in The Cloud.

 

Localities to pay more for employee pensions (Times-Dispatch)
Local governments face an increase of roughly 3 percent of pay in contributions for employee pensions, not including retirement for public school teachers.

At Va. Beach Town Center, dining and clubs are hot, but retail lags (Virginian-Pilot)
A new beer-focused restaurant and jazz and cigar club are opening soon, solidifying Town Center as a dining and nightlife destination. Some retail sites have struggled to find the same success.

Why that corporate cash pile isn’t so impressive (AP)
Hardly a day goes by without some politician or pundit pointing out that companies are hoarding cash — roughly $3 trillion of it. If only they would spend it, the thinking goes, the economy might get better. But the story is not as simple as that. Though it seems to have escaped nearly everyone’s notice, companies have piled up even more debt lately than they have cash. So they aren’t as free to spend as they may seem.

Yelp plans to raise $100 million in IPO (USA Today)
Yelp on Thursday filed to go public in a bid to test investor appetite for the local-reviews site.

Legg Mason fund manager to step down (Washington Post)
William Miller is known for beating the Standard & Poor’s 500 Index for a record 15 years through 2005.

12 Ways to (Legally) Spy on Competitors (Entrepreneur)
You may not have the resources to hire a competitive intelligence specialist, but small businesses can still unearth plenty of information about rivals.

The Weekly Wind-Down (New Yorker Cartoon)
A funny one about storing data in The Cloud.

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