NewsFeed 5.7.10

Company aims to add 240 jobs in Pulaski County (Roanoke Times)
A South American food-packaging manufacturer said Thursday it will hire 240 employees and establish its U.S. headquarters in a Pulaski County industrial park, where production of coffee containers and yogurt cups could begin as soon as September.

ODU launches Business Gateway (Virginian-Pilot)
The university has launched the ODU Business Gateway to serve as an entry point for businesses and nonprofit groups looking for help on such issues as launching new ventures and solving prickly problems.

High-Speed Trading Glitch Costs Investors Billions (NY Times)
The glitch that sent markets tumbling Thursday was years in the making, driven by the rise of computers that transformed stock trading more in the last 20 years than in the previous 200.

Secrets of Flea Market Start-ups (Inc.)
Editor’s Pick. Flea markets, art shows, and street fairs are ideal spots to test the waters with a product. Start-up entrepreneurs can also network with fellow vendors and learn important business lessons from them.

Three Best Ways to Court a Community Bank (WSJ)
These lenders expect more from their borrowers. “It’s like that old saying, dig a well before you are thirsty,” says Brian Carlson, president of Excel National Bank, a standalone lender in Beverly Hills. “It can take some time before [a banker] says, ‘I know this guy and I’m confident he’ll do what he says he’ll do.’ Having that relationship is valuable because if you need $300,000 by the end of the week to take advantage of an opportunity, the bank will jump to get it done.”

The Weekly Wind-Down: More males admit to getting stoked (The Onion)
Very funny. I love the fake pundits. It may be a generational sort of humor, though.

Company aims to add 240 jobs in Pulaski County (Roanoke Times)
A South American food-packaging manufacturer said Thursday it will hire 240 employees and establish its U.S. headquarters in a Pulaski County industrial park, where production of coffee containers and yogurt cups could begin as soon as September.

ODU launches Business Gateway (Virginian-Pilot)
The university has launched the ODU Business Gateway to serve as an entry point for businesses and nonprofit groups looking for help on such issues as launching new ventures and solving prickly problems.

High-Speed Trading Glitch Costs Investors Billions (NY Times)
The glitch that sent markets tumbling Thursday was years in the making, driven by the rise of computers that transformed stock trading more in the last 20 years than in the previous 200.

Secrets of Flea Market Start-ups (Inc.)
Editor’s Pick. Flea markets, art shows, and street fairs are ideal spots to test the waters with a product. Start-up entrepreneurs can also network with fellow vendors and learn important business lessons from them.

Three Best Ways to Court a Community Bank (WSJ)
These lenders expect more from their borrowers. “It’s like that old saying, dig a well before you are thirsty,” says Brian Carlson, president of Excel National Bank, a standalone lender in Beverly Hills. “It can take some time before [a banker] says, ‘I know this guy and I’m confident he’ll do what he says he’ll do.’ Having that relationship is valuable because if you need $300,000 by the end of the week to take advantage of an opportunity, the bank will jump to get it done.”

The Weekly Wind-Down: More males admit to getting stoked (The Onion)
Very funny. I love the fake pundits. It may be a generational sort of humor, though.

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