| Innovate Like The Best
The most successful companies don't rely on luck to discover new products that will take the market by storm. Gina O'Connor, lead author of "Grabbing Lightning: Building a Capability for Breakthrough Innovation," says industry leaders such as Apple (NasdaqGS:AAPL - News) and Kodak (NYSE:EK - News) have clear systems in place to bring to market a steady stream of hits. .
Fairfax Chairman: County Should Buy Foreclosures for Housing
The chairman of the Fairfax County Board of Supervisors wants the county to buy foreclosed properties and sell them at below-market prices to families in need of affordable housing. Gerald Connolly's idea is aimed at creating affordable housing and helping protect neighborhoods in danger of decline because of foreclosures. Connolly, who is running for Congress, made the proposal Friday night in his annual State of the County speech. The idea is likely to get consideration for the board, where Connolly leads an 8 to 2 Democratic majority. Connolly says the money would come from an existing program that allocates nearly $23 million annually to preserve affordable housing. He told WTOP Radio that he expectss broad support from the board of supervisors. Fairfax County has see a jump in the number of home foreclosures in the past several months.
5 Years On The Market, WA Town Still For Sale
Juli Doty had big plans for the little ghost town of Monse, just north of Brewster. A Wenatchee Realtor, Doty listed the entire town for sale five years ago. She knew the town's owners Donna and Fritz Van Doren and they asked her to sell it for them when they moved from Monse to East Wenatchee. It was a sweet deal: $575,000 for 60 acres that included seven houses, an old schoolhouse, a general store and post office, all platted into 100 parcels for anyone who wanted to remake their own little town. And Doty was the perfect person to sell it. She grew up in Brewster, but often visited Monse as a child, and remembered it as a bustling farm community. "I was here a lot. We'd go swimming in the river, and we'd ride our bikes right here, and play," she said.
Analysis: Raiders showed lots of money
About eight months ago, rumors began circulating that the Raiders were broke. How downtrodden were they fiscally? The Raiders had used the No. 1 overall draft pick on quarterback JaMarcus Russell, and speculation was the Raiders couldn't afford to sign him. The team denied it, and Russell was signed after the first game of the season. No one is calling the Raiders cheap after a spending spree on new acquisitions. .
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