Muller Martini will close Newport News operations by Jan. 2012; 160 will lose jobs (Daily Press)
After nearly four decades in Newport News, Muller Martini Manufacturing Corp. is calling it quits. The manufacturer of book binding machinery and other equipment used by publishing companies said Friday that it will close its two Oyster Point production plants by the end of January 2012, resulting in about 160 job losses.
Online deals make their mark on Roanoke Valley commercial scene (Roanoke Times)
Many Roanoke Valley business owners are testing the strength of group buying, a viral movement relatively new to the Roanoke market.
City of Norfolk nixes subsidy of Midtown office building (Inside Business)
The City of Norfolk will not help build a controversial Midtown office building because its top potential tenant pulled out Friday morning.
At Dinner, Obama Toasts U.S. Ingenuity (WSJ)
President Barack Obama raised a glass to American ingenuity Thursday while seated among the world’s most enterprising business leaders.
Why I sold to Amazon: 3 startups’ stories (Fortune)
Amazon has bought a slew of companies — and each one is different. Some are absorbed, others are killed and a few are allowed to maintain their independence.
