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November 08, 2009
Crooks set sights on bank ATMs
Crooks set sights on bank ATMs Stop and look before inserting your card into an ATM machine. Crooks have been tampering with automated teller machines...
Stock news for Nov. 8
For the week that ended Nov. 6. DIVIDEND Quarterly unless noted Increased Aaron’s Inc .018 from .017 Alliance Res Ptrs .76 from .745 Apollo Invest...
White-collar jobless prevalent in Richmond area
The worst recession in 70 years has ended. But tell that to people trying to find jobs. “The recession is not over until everyone who wants to work...
November 07, 2009
Earnings report: Insmed
Richmond biopharmaceutical company Insmed Inc. reported it lost $150,000 in the quarter ending Sept. 30, compared with a loss of $2.2 million in the same...
Wall Street recap
Stocks post modest gains despite bad news on jobs NEW YORK Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks...
As China’s economy grows, so do its garbage woes
ZHANGLIDONG, China—Visitors can smell this village long before they see it. More than 100 dump trucks piled high with garbage line the narrow road...
Business Briefs for Nov. 7
Philip Morris USA and two other cigarette companies can stop making payments to tobacco farmers in Maryland and Pennsylvania through a decade-old settlement....
Home’s price sheds light on local market
One of the top 10 home sales in September in the Richmond area was for a house with 12,870 square feet that sold for $931,900. It is assessed for $1.845...
Experts: Rampages not necessarily the result of mental illness
People might go on rampages for reasons other than mental illness, experts say. “People can be very angry, for example, and do bad things,“...
Surprise mortgage fees set to come to an end soon
Remember when the “good-faith estimates” your lender gave you upfront said closing costs would be about $2,000, but somehow they ballooned...
Business leaders seeking lessons on battlefields
SHARPSBURG, Md.—If you think you’ve got a bad boss, consider George McClellan, a Union general whose dithering caused needless deaths during...
The Jefferson Hotel again wins AAA’s Five Diamond Award
The Jefferson Hotel again has won AAA’s prestigious top rating for its guest service and accommodations. The Jefferson joins two other Virginia travel...
Richmond-area jobless press hunt for work
Richmond’s unemployed workers did the best they could to shake off yesterday’s bad news that the U.S. unemployment rate hit double digits....
Hungary Brook Shopping Center in foreclosure
The Hungary Brook Shopping Center in northern Henrico County is in foreclosure and on the auction block. The retail center, on Concord Avenue near Parham...
Henrico-based Markel looks to invest in privately held companies
Markel Corp. has been patient for the past four years, but the specialty insurer now is looking to make a bigger plunge in what it thinks of as the “patient...
Wal-Mart, Amazon, Target in DVD price war
First it was books. Now it’s DVDs. Wal-Mart Stores Inc. started another price war Thursday, trimming the online preorder prices of some upcoming...
November 06, 2009
Wholesale inventories fall, sales grow in Sept.
Businesses cut inventories at the wholesale level for a record 13th consecutive month in September, but sales rose for a sixth straight time.
Jobless rate tops 10 percent for first time since 1983
The unemployment rate has surpassed 10 percent for the first time since 1983. Nearly 16 million people can’t find jobs and employers cut a net total...
Jefferson Hotel wins AAA’s prestigious Five Diamond Award again
For the 17th consecutive year, The Jefferson Hotel has won AAA’s prestigious Five Diamond Award, the travel group’s top rating for hotels and...
Insmed losses decrease for third quarter
Richmond biopharmaceutical company Insmed Inc. today reported that losses for the quarter ending Sept. 30 were $150,000, compared with a loss of $2.2 million...
Wall Street futures steady ahead of jobs report
NEW YORK—Stock futures are holding steady as investors await the government’s report on October employment. The report from the Labor Department...
World markets mixed ahead of U.S. jobs report
SEOUL, South Korea—Asian markets advanced today on the back of Wall Street’s rally after upbeat economic figures revived confidence about the...
Economic stimulus debated at Va. Asian Chamber
The federal economic-stimulus plan is working for small businesses in Virginia, a senior SBA official told the Virginia Asian Chamber of Commerce’s...
Flu-like illness declining in Va.; deaths up
Flulike illness in the state appeared to decline last week, but deaths caused by the H1N1 flu continue to rise. As of yesterday, 21 deaths across Virginia...
Va. Power customers may get lower bills
Dominion Virginia Power customers would get back more than $400 million from the company under an agreement the state’s largest utility has reached...
Job-search help for mature workers
Nov. 6 Business Briefs
The Martin Agency and five other agencies are competing to handle advertising for General Motors Co.‘s Cadillac division. GM said it narrowed its...
Mature workers face tough job market
Judy Turner, Robert Terry and the others walking in to notes of “Pomp and Circumstance” were not your typical graduates—some were a little...
Craigslist warns of job scams
Job-seekers beware: There’s a new warning on Craigslist.com. The Web site recently posted a scam alert, telling applicants to be on the lookout for...
Earnings: Universal Corp.
Higher prices for North American tobacco have boosted Universal Corp.‘s earnings so far this fiscal year despite a drop in shipments of leaf. Volumes...
