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January 2013 Archives

Virginia International Raceway gets new owner

In 2000, Virginia International Raceway was a barebones racetrack. There was no resort, no kart track, and no spa that make up just part of what we know it as today. After purchasing the track that had been sitting unused for nearly 25 years and spending the last 13 years turning it into a facility heralded by the likes of Car and Driver magazine, VIR's owner has decided to retire.

Contract dispute between network, talent company over Gaga show

A Russian television network and two entertainment companies are locked in a contract dispute over a proposed Lady Gaga performance during an award show. After a federal judge granted summary judgment to the network, saying that the other parties were in breach of the contract, he also said that the parties must continue on to trial to examine the facts before any of the disputed money is released to any of the parties.

Crowdfunding holds risks, rewards

Crowdfunding is such a new concept that spell check refuses to acknowledge it's status as a properly spelled word. Crowdfunding is not just a real word, but it is also a real idea that has turned into a reality for many small business owners that has transformed the possibilities for entrepreneurs who need seed money to grow.

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