Investor sues Martinovich in bankruptcy court (Daily Press)
A Newport News investor has filed a lawsuit in U.S. Bankruptcy Court seeking to prevent some of Jeffrey A. Martinovich’s debts from being discharged as part of his bankruptcy petition.
Virginia Beach-based Geeks on Call gets upgrade (Virginian-Pilot)
Organized in 1999, the previous Geeks began selling franchises in 2001 and expanded rapidly. At its peak, it had franchisees in more than two dozen metro areas. Service personnel drew attention to the company by driving Chrysler PT Cruisers bearing Geeks’ toll-free phone number. However, a split within the management prompted some officers to leave in 2006. More left in 2009. Franchise owners, too, bailed out. Glenn Davis and business partner John Finguerra spent almost two years revamping the company’s strategy after buying the assets of Geeks On Call America in late 2009. With several changes in place, they began offering Geeks franchises this month.
Big businesses hesitate on daily deals (Washington Post)
Few well-heeled merchants have embraced online daily deal sites like LivingSocial and Groupon.
Amazon Has High Hopes for Its iPad Competitor (NY Times)
Analysts say the retailer is set to challenge Apple with a souped-up, color version of the Kindle e-reader.
How a Start-Up Landed Shelf Space at Wal-Mart (WSJ)
At small business in Utah says the world’s largest retailer is now carrying its flagship product thanks to a social-media campaign it launched two years ago.
From unemployment to startup (Fortune)
Unemployment, job dissatisfaction and sheer guts created startup success for these eight entrepreneurs.
