Challenges are many for Virginia Retirement System (Times-Dispatch)
The Virginia Retirement System faces a triple challenge with sharply reduced contributions to public-employee pensions, a surge in employee retirements and a volatile market for investments.
Kingsmill to be sold to resort operator out of Denver (Virginian-Pilot)
A resort management firm owned by Colorado billionaire Philip Anschutz has reached a deal to purchase Kingsmill Resort & Spa, Busch Properties Inc. announced Monday.
Housing report shows improvement, but worries persist (Daily Progress)
Central Virginia home sales rose 19 percent in the first half of 2010 compared to the same period last year and median prices stabilized, stopping a year-long downward slide, according to a market report compiled by the Charlottesville Area Association of Realtors.
Small-Business Lending Is Down, but Reasons Still Elude the Experts (NY Times)
Many entrepreneurs say that bank loan officers are denying loans to creditworthy borrowers as part of an overreaction to the bad loans of the last economic expansion and heightened scrutiny by regulators. But several economists paint a more nuanced picture, arguing that weak economic fundamentals and battered balance sheets have lowered the appetite for new lending. They say that demand could take years to recover.
Hugh Hefner wants to take Playboy private; Penthouse plans bid (USA Today)
Hugh Hefner’s bid Monday to buy Playboy Enterprises is renewing attention on a long-dormant area: companies going private.
Barefoot Bandit Nabbed in High-Speed Boat Chase (Outside Magazine)
Not business news, but an incredible tale of a young outlaw who eluded police for two years. For readers with a bit of time, Outside Magazine wrote a feature on this fellow earlier this year and the link is in the blog post.
The Art (and Journey) of Raising Funds (WSJ)
What many start-ups don’t realize is that the seed capital they raise – often from friends and family – is just the first step in a fundraising journey that can drag on for months or even years.
Managing Conflict (Inc.)
At a fast-growing company, arguing is inevitable. But it needn’t be harmful. Columnist Jason Fried suggests that conflict, when handled the right way, can be a good thing.
Challenges are many for Virginia Retirement System (Times-Dispatch)
The Virginia Retirement System faces a triple challenge with sharply reduced contributions to public-employee pensions, a surge in employee retirements and a volatile market for investments.
Kingsmill to be sold to resort operator out of Denver (Virginian-Pilot)
A resort management firm owned by Colorado billionaire Philip Anschutz has reached a deal to purchase Kingsmill Resort & Spa, Busch Properties Inc. announced Monday.
Housing report shows improvement, but worries persist (Daily Progress)
Central Virginia home sales rose 19 percent in the first half of 2010 compared to the same period last year and median prices stabilized, stopping a year-long downward slide, according to a market report compiled by the Charlottesville Area Association of Realtors.
Small-Business Lending Is Down, but Reasons Still Elude the Experts (NY Times)
Many entrepreneurs say that bank loan officers are denying loans to creditworthy borrowers as part of an overreaction to the bad loans of the last economic expansion and heightened scrutiny by regulators. But several economists paint a more nuanced picture, arguing that weak economic fundamentals and battered balance sheets have lowered the appetite for new lending. They say that demand could take years to recover.
Hugh Hefner wants to take Playboy private; Penthouse plans bid (USA Today)
Hugh Hefner’s bid Monday to buy Playboy Enterprises is renewing attention on a long-dormant area: companies going private.
Barefoot Bandit Nabbed in High-Speed Boat Chase (Outside Magazine)
Not business news, but an incredible tale of a young outlaw who eluded police for two years. For readers with a bit of time, Outside Magazine wrote a feature on this fellow earlier this year and the link is in the blog post.
The Art (and Journey) of Raising Funds (WSJ)
What many start-ups don’t realize is that the seed capital they raise – often from friends and family – is just the first step in a fundraising journey that can drag on for months or even years.
Managing Conflict (Inc.)
At a fast-growing company, arguing is inevitable. But it needn’t be harmful. Columnist Jason Fried suggests that conflict, when handled the right way, can be a good thing.