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Newsfeeds for 7.26.11

BizSense Staff July 26, 2011 0

Kingsmill reinvented (Virginia Gazette)
Kingsmill will rejuvenate and expand its iconic resort under an ambitious masterplan designed to draw more people here and keep them longer.

Monarch Mortgage president files for Chapter 11 (Virginian-Pilot)
After battling with a bank over bad real estate-development loans, the president of Monarch Mortgage filed in federal bankruptcy court to restructure more than $5 million of personal debts.

Historic house to be auctioned (Free Lance-Star)
Cleydael, the historic home in King George where John Wilkes Booth sought refuge in 1865, is scheduled to be auctioned on Tuesday.

Harbor Group pays $190M for Baltimore County apartment portfolio (Baltimore Business Journal)
The Norfolk, Va., company bought the properties, all in Baltimore County’s Windsor Mill neighborhood, from Sawyer Realty Holdings LLC.

To Reach Simple Life of Summer Camp, Lining Up for Private Jets (New York Times)
Now, even as the economy limps along, more of the nation’s wealthier families are cutting out the car ride and chartering planes to fly to summer camps.

Wal-Mart takes another shot at streaming movies (CNN Monney)
Wal-Mart must be hoping that the third time’s a charm: It announced Tuesday that it is launching an in-house movie streaming service directly on Walmart.com.

HCA’s Declining Surgery Rates May Show Slowdown in U.S. Hospital Industry (Bloomberg)
HCA Holdings Inc.’s report of a drop in expensive surgeries may signal a broad slowdown for hospitals because of rising unemployment and tepid consumer spending.

Food Trucks 101: How to Start a Mobile Food Business (Entrepreneur)
A new generation of street food lovers are lining up at food trucks and food carts. Though the idea is a long-standing part of American and world culture, the street food industry has never enjoyed so much popularity or publicity.




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