NewsFeeds 6.01.09

City transit service to add hybrid ‘trolleys’ (Daily Progress)
The Charlottesville Transit Service will soon be adding hybrid buses to its 38-bus fleet, a first for the service as it tries to use more fuel-efficient technology.

G.M. to Seek Bankruptcy and a New Start (NY Times)

President Obama will push General Motors into bankruptcy protection on Monday, making a risky bet that by temporarily nationalizing the onetime icon of American capitalism, he can save at least a diminished automaker that is competitive.

The Summer Home Bust (Slate)
With people underwater on their primary homes, unemployment rising, and lenders melting down, the air has come out of the second-home bubble. Some of the hardest-hit areas of the real estate bust—Florida, Phoenix, Las Vegas—are second-home havens. The real estate market in the Hamptons is as still as the Sargasso Sea. In 2008, sales of vacation homes and investment properties nose-dived 50 percent from their bubble-era peaks. This spring the Times folded “Escapes” as an independent section.

The Best Industries for Starting a Business Right Now (Inc.)
A neat slideshow with some good ideas.

Website Marketing Turnoffs (Entrepreneur)
Here’s a compilation of 13 silly and even stupid ways some companies are hindering adoption of their products and services. So if you are doing any of them, don’t.

City transit service to add hybrid ‘trolleys’ (Daily Progress)
The Charlottesville Transit Service will soon be adding hybrid buses to its 38-bus fleet, a first for the service as it tries to use more fuel-efficient technology.

G.M. to Seek Bankruptcy and a New Start (NY Times)

President Obama will push General Motors into bankruptcy protection on Monday, making a risky bet that by temporarily nationalizing the onetime icon of American capitalism, he can save at least a diminished automaker that is competitive.

The Summer Home Bust (Slate)
With people underwater on their primary homes, unemployment rising, and lenders melting down, the air has come out of the second-home bubble. Some of the hardest-hit areas of the real estate bust—Florida, Phoenix, Las Vegas—are second-home havens. The real estate market in the Hamptons is as still as the Sargasso Sea. In 2008, sales of vacation homes and investment properties nose-dived 50 percent from their bubble-era peaks. This spring the Times folded “Escapes” as an independent section.

The Best Industries for Starting a Business Right Now (Inc.)
A neat slideshow with some good ideas.

Website Marketing Turnoffs (Entrepreneur)
Here’s a compilation of 13 silly and even stupid ways some companies are hindering adoption of their products and services. So if you are doing any of them, don’t.

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