Ukrop’s site hits auction block early next month (Roanoke Times)
A month after Ukrop’s Super Market closed its Roanoke store, the grocer’s vacant real estate is in foreclosure.
Tire producer in Scottsville shutting down (Daily Progress)
The shutdown of Scottsville’s longtime tire plant will leave 106 residents without a job, according to the town mayor.
For SBA Loans, Stimulus Well Runs Dry (WSJ)
Two popular stimulus provisions that drew hundreds of banks back to the small-business lending arena ran out of funding Monday, setting the stage for a potential new credit squeeze for business owners.
As Bank Failures Rise, F.D.I.C. Fund Falls Into Red (NY Times)
The government-administered insurance fund that protects depositors fell into the red for the first time since the fallout from the savings-and-loan crisis of the early 1990s as the pace of bank failures accelerated.
Inside Goldman’s $500 Million Small Business Initiative (Inc.)
Goldman Sachs recently announced that it would provide $500 million in support for 10,000 small businesses, particularly those located in urban neighborhoods.
10.5 trends to watch (Entrepreneur)
We read the reports. Sifted the data. Nagged insiders until they gave up the goods. Now, here’s the result: 10-plus business trends that are thriving even in this economy.
