NewsFeeds 12.30.11

Virginia in running for craft brewery (Times-Dispatch)
Sierra Nevada Brewing Co. could make a decision in early 2012 about opening an East Coast brewery, and Virginia remains in the running for the site, a spokesman for the company said this week.

Altschul’s apparel store closes down after 113 years in business (Virginian-Pilot)
Workers packed up, leaving the venerable Norfolk store empty Thursday as it wound down its business. The owner said the retailer foundered as the economy slumped.

Tax Benefits From Options as Windfall for Businesses (NY Times)
Companies that were granted stock options after the 2008 stock market collapse are benefiting from those awards too — in the form of tax savings.

Will Apple Take Facial Recognition Mobile? (Business Week)
A fresh patent application hints that Apple is working to add a practical and promising facial-recognition feature to iPhone, iPad, iPod touch, and MacBook devices

6 Perks That Do More Harm Than Good (Inc.)
Before you offer your MVP that VIP parking space, check why rewarding with a perk can often have the opposite effect.

‘You’re fired’: 6 execs who got the boot in 2011 (Fortune)
It was a tumultuous year for several major corporate players, prompting many to make changes at the top. Here are six execs who were shown the door in 2011.

The Weekly Wind-Down: Great New Yorker Cartoon

Virginia in running for craft brewery (Times-Dispatch)
Sierra Nevada Brewing Co. could make a decision in early 2012 about opening an East Coast brewery, and Virginia remains in the running for the site, a spokesman for the company said this week.

Altschul’s apparel store closes down after 113 years in business (Virginian-Pilot)
Workers packed up, leaving the venerable Norfolk store empty Thursday as it wound down its business. The owner said the retailer foundered as the economy slumped.

Tax Benefits From Options as Windfall for Businesses (NY Times)
Companies that were granted stock options after the 2008 stock market collapse are benefiting from those awards too — in the form of tax savings.

Will Apple Take Facial Recognition Mobile? (Business Week)
A fresh patent application hints that Apple is working to add a practical and promising facial-recognition feature to iPhone, iPad, iPod touch, and MacBook devices

6 Perks That Do More Harm Than Good (Inc.)
Before you offer your MVP that VIP parking space, check why rewarding with a perk can often have the opposite effect.

‘You’re fired’: 6 execs who got the boot in 2011 (Fortune)
It was a tumultuous year for several major corporate players, prompting many to make changes at the top. Here are six execs who were shown the door in 2011.

The Weekly Wind-Down: Great New Yorker Cartoon

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