Portfolio Today for June 02, 2010

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June 02, 2010

POLITICS & POLICY From Virginia to Arizona: Lessons on Immigration Virginia's Prince William County has had an immigration law similar to Arizona's on the books for three years. The suburb's ensuing troubles provide clear examples of what Arizona may face after enacting the toughest illegal immigration law in the country. Full story SEAT 2B Friends With Few Benefits Simply posting fare sales on Facebook or lashing out about flight attendant strikes on Twitter isn't the type of social media interaction business travelers want. Full story COMPANIES & EXECUTIVES Small Targets, Huge Profits Big retailers like Target and Wal-Mart are thinking smaller, seeking to expand into grocery stores to boost their offerings and better compete with local businesses. Full story TIPS, ADVICE AND STRATEGY How to Borrow Money, Mate Small businesses should aim low when they seek loans from a bank. Banks are in a conservative mode, but if you understand how they value your business, you have a better chance of being funded. Full story More news from Portfolio.com NEWS FROM AROUND THE COUNTRY U.S. manufacturing industry continues growth Covidien to buy ev3 for $2.6 billion April chip sales up 50.4% year over year Truckers see freight volumes improve in April HP to cut 9,000 jobs, take $1B charge, automate data centers Celtics, Lakers score for networks Medtronic starts disclosing doctor payments Paterson plans to lay off thousands of NY state workers Moody's: Oilfield services industry 'stable' Apple shuts Lala, leaving questions Googlers don't do Windows any more More news from bizjournals.com

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