Virginia Business magazine is sold (Times-Dispatch)
Virginia Business magazine has been acquired by an investment group that includes Bernard A. Niemeier, the magazine’s president and publisher.
Richmond mayor announces restructuring of development agencies (Times-Dispatch)
Mayor Dwight C. Jones’ administration announced yesterday a plan to create a consolidated Department of Economic and Community Development. Carthan Currin, the current head of the department, has been dismissed along with one of his deputies. Peter H. Chapman (whom BizSense has profiled) will lead the new department, which will control the city’s real estate holdings and its business-development financing programs.
Virginia governor candidates weigh in on business (Washington Business Journal)
In a battle being closely watched by everyone from small-town natives to national pundits, both candidates describe themselves as the job-creating, energy-sector-propelling, tax-credit-hawking answers to the business community’s needs. But the overriding issue for Northern Virginia’s commuters is something else: It’s what traps them on logjammed roads for more than an hour on average each working day.
Tentative settlement reached in Luna Innovations suit (Roanoke Times)
Luna Innovations Inc. has reached a tentative settlement that would reduce a $36.3 million jury verdict to a sum that no longer endangers the Roanoke-based company.
4-Month Streak of Rising Home Sales Is Over (NY Times)
Sales of previously owned homes fell unexpectedly last month, an industry group reported Thursday, showing that a budding recovery in the housing market remained weak.
Six Ways to Land Venture Funding (WSJ)
To capture funding today, entrepreneurs have to do a lot more than present a lucrative business model and pick the right management team. Jere are six do’s and don’ts for capturing venture capital today.
It’s your duty to force vacations (BNET)
Managers have a responsibility to make sure their reports are taking time off to recharge their batteries.
The Weekly Wind-Down: Seinfeld on Leno
In honor of Jerry Seinfeld coming to perform in Richmond this weekend, here’s a decent clip of his appearance on the new Leno show.
