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September 2012 Archives

Effective delegation can improve business

Most Virginia small business owners know that delegating effectively is one of the keys to running a successful and profitable company. However, it is often easier said than done to hand off responsibility to others and trust that the job will get done properly. Particularly for closely-held businesses that may have started as a sole proprietorship or partnership and grew from there, it can be difficult to hand the reigns over to others.

Best Buy buyout plan still a mystery

The co-founder of technology retail giant Best Buy is continuing to work on a proposal to buy back the company. He is working on a limited timeline to find the right investors to help finance the buyout, estimated to be worth about $10 billion.

Dish Network, Cablevision engaged in contract dispute

Dish Network, a satellite television provider operating in many localities in Virginia is currently headed to trial over a $2 billion contract dispute between itself and Cablevision, which provided programming for several of Dish Network's high-definition channels.

Facebook CEO promises not to sell shares for one year

Facebook founder and CEO Mark Zuckerberg has revealed that he will hold on to all of his stock in the company for at least one year. The move comes in light of controversy over the social networking site's IPO offering earlier this year which offered high share prices that have only continued to drop since the initial offering.

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