VRS back on track, but employee contributions expected to increase (Times-Dispatch)
The Virginia Retirement System is back on track with stock market earnings.But don’t bet on the state avoiding the need to raise contributions in the next two-year budget to pay pension and other post-retirement benefits for state employees and public school teachers.
Massachusetts REIT makes big investment in North Stafford (Freelance Star)
A Massachusetts-based real estate investment trust last month purchased six North Stafford office buildings totaling about 228,000 square feet.
Founder of Green Jobs Alliance steps down (Inside Business)
Randy Gilliland, one of the founders of the Hampton Roads Green Jobs Alliance, has resigned from the group after the nonprofit’s board raised questions over his dual roles as a grant executor for the group and as an executive with a green company that is contracting with the alliance.
Solstas acquires two more companies (Roanoke Times)
Solstas, which is jointly based in Roanoke and Greensboro, announced today in a news release that it has bought Nextwave Diagnostic Laboratory and Wilmington Pathology Laboratory.
Dunkin’ sets its sights higher for IPO (Boston Globe)
Dunkin’ Brands Group, which owns Dunkin’ Donuts and Baskin-Robbins, is looking to raise as much as $460.6 million in an initial public offering, according to a Securities and Exchange Commission filing yesterday.
Why ABC’s Shark Tank Is Entertaining, And 100% Wrong On Dealmaking (Fast Company)
What this reality show gets wrong about entrepreneurs seeking capital and the valuation of their companies.
Chesapeake Energy to Start V.C. Fund (DealBook – New York Times)
The natural gas producer will divert up to 2 percent of its estimated annual drilling budget to finance a new venture capital fund.
How to Hire Workers for Crummy Jobs (Entrepreneur)
Despite the higher U.S. unemployment rate, some business owners have difficulty recruiting employees for certain jobs.