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New Orleans Times-Picayune to cut paper to 3 days a week
The Times-Picayune, one of the nation's oldest newspapers, will no longer offer print editions seven days a week.
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Buffett vows hands-off approach to newspapers
Warren Buffett said he believes local newspapers that "intensively cover their communities" have a good future.
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Hurricane preparedness tax holiday starts today
Virginia residents can prepare for the upcoming hurricane season and save money at the same time.
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Daily Business News Calendar for May 25
LOCAL EVENTS
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Biz to Go: Virginia launches road-trip tourism campaign
Virginia's newest tourism campaign is focused on getting travelers off their couches and into their cars for an "old-school" road trip.
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Virginia business briefs for May 25
LightSquared creditors press argument on debt
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Morgan Stanley may refund some Facebook investors
Morgan Stanley, the lead investment bank in Facebook's troubled initial public offering, will compensate retail investors who overpaid when they bought Facebook's stock in Friday's IPO, according to a source familiar with the matter.
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National business briefs for May 25
Jobless claims may signal slight job growth
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Report: State tobacco prevention funding lacking
States have spent only about 3 percent of the billions they've received in tobacco taxes and legal settlements over the last decade to fund tobacco prevention programs, making it harder to reduce the death and disease caused by tobacco use, according to a report released Thursday by the federal Centers for Disease Control and Prevention.
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BlackFinn's location in Riverside on the James closes
The BlackFinn American Saloon has closed as a deal to sell the restaurant space is being finalized.
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New aircraft carrier hits construction milestone
Shipbuilders reached a milestone in the construction of the newest nuclear-powered aircraft carrier on Thursday when they slowly lowered the massive lower bow into place in what will become the USS Gerald R. Ford.
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U.S. bank earnings rose this winter to 5-year high
U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years, and the number of troubled banks fell for the fourth straight quarter.
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Kids and Money: Tax lessons for young summer workers
You didn't tell me how MUCH they would take out in taxes.
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Virginia business briefs for May 24
McDonnell: China rescinds Va. log ban
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Daily Business News Calendar for May 24
LOCAL EVENTS
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Hewlett-Packard to cut 27,000 jobs to save up to $3.5B annually
Hewlett-Packard Co. is cutting 27,000 jobs in an effort to recover from management missteps that hobbled the Silicon Valley pioneer as its rivals raced ahead with more innovative products and services.
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National business briefs for May 24
April new-home sales show 3.3% increase
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Clarification
The College of William and Mary's Mason School of Business ranked third in the marketing category in Bloomberg Businessweek's annual business school rankings by specialty categories. The third-place ranking was omitted in an article on Page D3 of Tuesday's Business section.
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Biz to Go: Commercial space race gets crowded behind SpaceX
A privately built space capsule that's zipping its way to the International Space Station has also launched something else: A new for-profit space race.
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Smart Money: Getting credit cards canceled can take work
Q: I have too many credit cards. I've written requesting that several be canceled, but the companies continue to send new ones. What can I do to cancel them? Will it help my credit score if I do so?
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Earnings: Universal Corp., Hewlett-Packard
Richmond-based firm: Universal Corp.
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Facebook stock climbs, but company faces lawsuits
Facebook's fourth day of trading as a public company saw an increase in the company's stock price and shareholder lawsuits related to the social network's botched initial public offering.
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New micro-loans program planned for start-up farms
The U.S. Department of Agriculture is planning a program aimed at making it easier for beginning farmers to get small loans as they work to develop their operations.
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Virginia considers privately-operated ports
Virginia is seeking proposals from companies that may want to operate the state's ports.
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Consumer spending in region shows signs of life
The slow job recovery has curtailed consumer spending, but there are signs of improvement in the Richmond region.
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