NewsFeed 5.20.09

Shockoe Center backers need fans to spend (Times-Dispatch)
In addition to ticket-tax revenue, developers expect food sales to generate about $366,000 in tax revenue. If that came only from minor-league games, that would translate to an average of $12.74 in food purchases per fan.

Golf products company expands portfolio (Times-Dispatch)
Henrico County-based golf products and stroller company Dynamic Brands Inc. is adding some brands to its product lineup. The company, already the owner of golf products such as Bag Boy and Slotline and the Baby Jogger line of athletic strollers, said yesterday that it has acquired the assets of ForeFront Holdings LLC, a Springfield, Tenn.-based maker of golf products.

Riverside wins approval to build Williamsburg-area hospital (Daily Press)
Riverside Health System has won its years-long battle to build a hospital in Williamsburg, despite the ongoing protests of the nearby Sentara hospital that another facility isn’t necessary.

CEO at Hampton Roads banking company retires (Virginian-Pilot)
Jack W. Gibson, the departing CEO and vice chairman, helped organize one of the company’s three banks, Bank of Hampton Roads, in 1987 and directed its evolution into the largest banking company with headquarters in Hampton Roads.

In Their Own Interest (Slate)
Has there ever been an industry so relentlessly at war with its customers as the credit card industry is now? Watching new credit card legislation sail through Congress this week is the industry’s reward for giving even its most responsible customers the overwhelming sense that they are getting ripped off.

Small Firms Wait for a Credit Thaw (WSJ)
While Big Companies Find Easier Access to Fresh Capital, Lending Rules Tighten for Many Businesses.

Fighting to stay open (Fortune)
At the end of last year, six business owners struggling through the recession shared their stories of facing a make-or-break holiday season. Here’s how they fared.

Five offers your customers can’t refuse (Entrepreneur)
Some neat tips in this one:
A great product or service and inviting customer experience is essential to building a steady stream of referrals to your business.

Shockoe Center backers need fans to spend (Times-Dispatch)
In addition to ticket-tax revenue, developers expect food sales to generate about $366,000 in tax revenue. If that came only from minor-league games, that would translate to an average of $12.74 in food purchases per fan.

Golf products company expands portfolio (Times-Dispatch)
Henrico County-based golf products and stroller company Dynamic Brands Inc. is adding some brands to its product lineup. The company, already the owner of golf products such as Bag Boy and Slotline and the Baby Jogger line of athletic strollers, said yesterday that it has acquired the assets of ForeFront Holdings LLC, a Springfield, Tenn.-based maker of golf products.

Riverside wins approval to build Williamsburg-area hospital (Daily Press)
Riverside Health System has won its years-long battle to build a hospital in Williamsburg, despite the ongoing protests of the nearby Sentara hospital that another facility isn’t necessary.

CEO at Hampton Roads banking company retires (Virginian-Pilot)
Jack W. Gibson, the departing CEO and vice chairman, helped organize one of the company’s three banks, Bank of Hampton Roads, in 1987 and directed its evolution into the largest banking company with headquarters in Hampton Roads.

In Their Own Interest (Slate)
Has there ever been an industry so relentlessly at war with its customers as the credit card industry is now? Watching new credit card legislation sail through Congress this week is the industry’s reward for giving even its most responsible customers the overwhelming sense that they are getting ripped off.

Small Firms Wait for a Credit Thaw (WSJ)
While Big Companies Find Easier Access to Fresh Capital, Lending Rules Tighten for Many Businesses.

Fighting to stay open (Fortune)
At the end of last year, six business owners struggling through the recession shared their stories of facing a make-or-break holiday season. Here’s how they fared.

Five offers your customers can’t refuse (Entrepreneur)
Some neat tips in this one:
A great product or service and inviting customer experience is essential to building a steady stream of referrals to your business.

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