Huguely mistake: Dabbling dad lost cash on Morgantown (The Hook)
In September 2005, just as his namesake son was enrolling in his first year as a student-athlete at the University of Virginia, the elder Huguely made what he must have thought was a strategic land purchase near Charlottesville.
Newport News to demolish historic Coca-Cola building (Daily Press)
An historic 19th-century building in downtown that formerly was a Coca-Cola bottling plant will be demolished instead of renovated and transformed into apartments.
Pungo shop tries its luck on fundraising website (Virginian-Pilot)
April and Al Habit want to expand their Southern Fried Studio & Shop to sell soups and sandwiches, but they couldn’t get a loan. So they decided to try something newfangled.
2 RIM Executives Are Fired for Disturbance on Flight (NY Times)
The BlackBerry maker Research in Motion said on Monday that it had fired two executives whose drunken belligerence forced a flight to China to return to Canada for their removal and arrest last week.
For the Families of Some Debtors, Death Offers No Respite (WSJ)
Editor’s Pick: When you die, your debts usually die with you. Surviving family members rarely have a legal obligation to pay unless they co-signed a loan, such as a mortgage or credit card. That leaves lenders in the lurch. But debt collectors have found a way to help lenders get their money anyway,
What would euro collapse do to our economy? (Washington Post)
A failure to fix the crisis could push the currency zone toward a breakup, with deep repercussions for the United States. As European leaders meet later this week to try to resolve their spreading debt crisis, U.S. politicians, corporate leaders and financial analysts are watching anxiously for a breakthrough.
New Belgium and the Battle of the Microbrews (Business Week)
With Big Beer capitalizing on craft beer popularity, CEO Kim Jordan is trying to go national—while preserving the brand’s indie charm.
5 Things You Should Never Say While Negotiating (Inc.)
If you’re new to negotiating or find it difficult, here are some missteps to avoid.