Early Briefing: Region's Venture Capital Growth Lags

On Mondays, we turn the Business pages over to local news. Here's a sample of what you'll find in this morning's Washington Business.

*The Washington region has slipped as a destination for venture capital over the past several years, losing ground in the national rankings to faster-growing regions of the West Coast and Midwest. See story.

Giant's Supa Tong, left, frets over costs for her family: mother Payam Dafflisio, husband Chris Sexton and daughters Sumanee Gosakwattana and Amanda Cox. (By Mark Gail -- Post)

* Workers at area Giant and Safeway stores are set to resume contract talks with the grocery chains on Tuesday. Find out what's at stake for the retailers and their union workforce. See story.

* Aspiring entrepreneurs often think of franchising as a good way to break into business, but it's not a guaranteed road to success, and now is a particularly tough time to launch a new enterprise, as fuel and material costs have risen and Americans have pared back their spending. See story.

Prince George's County is using some federal money to open a new office devoted to helping local firms find business opportunities in Africa, and vice-versa. See story.

In Stephen Barr's Federal Diary column: Compensation for military officers and enlisted personnel is better than what most people think, according to a new Defense Department study that factored in cash allowances, free health care, pensions and tax breaks on top of basic salary.

By Mike Shepard  |  March 24, 2008; 6:44 AM ET  | Category:  Morning Brief
Previous: Saturday Briefing: Balancing Act | Next: Up and Down: The GSEs, Martek, Sunrise, Vanda


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