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March 12, 2010

HYPETube: A champion for obesity prevention

Jeannette Cordor is CEO and founder of Faces of Hope, a nonprofit organization dedicated to childhood obesity prevention.

Cyber crime on the rise

Victims of cyber thieves reported $559 million in losses last year, representing a 110 percent increase over 2008 figures, according to the Internet Crime...

February retail sales up 0.3 percent

WASHINGTON—Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from storming the malls. The...

Wall Street futures trade higher

Stock futures are trading higher as investors look to consumers for guidance on the economic recovery. A handful of reports could detail the U.S. economy’s...

Asia stocks mixed; Europe gains

HONG KONG—Asian stocks were mixed today as investors held out for additional clues to the strength of economic recovery. European shares rose in...

Auto show begins today in Richmond
Auto show begins today in Richmond

Auto manufactures will have a chance this weekend to woo potential buyers possibly gun-shy after recent recall announcements by several large carmakers....

SCC approves Va. Power rate-cases settlement

Dominion Virginia Power customers will save $726 million under a settlement of a group of rate cases the State Corporation Commission approved yesterday....

At summit, Va. urged to explore variety of sources for its energy needs

No silver bullet will solve Virginia’s growing energy needs. But silver buckshot could, speakers at an industry meeting said yesterday. “We...

Business Briefs for March 12

Richmond-based Massey says the court also allowed it to withdraw a $72 million bond it posted while the case was being weighed. Massey general counsel...

Federal regulators may seek more authority on vehicle safety

Government vehicle-safety regulators may seek greater authority to investigate defects in cars and trucks and are weighing a range of new safety requirements...

The Virginians on Forbes’ list of billionaires

Community Capital Bank triples loans

Usually, bankers like to hear your Plan A, then your Plan B—and then take your collateral before lending to your business. But a novel new bank—it...

The top 10 richest in the world

Mexican mogul passes Gates as world’s richest person

Mexican billionaire Carlos Slim has jumped ahead of Bill Gates to become the world’s richest person. Forbes magazine named Slim, a telecom mogul,...

Americans’ household net worth rose again last quarter

Americans are recovering their shrunken wealth—gradually. Household net worth rose last quarter, mainly because the healing economy boosted stock...

Details on the Virginia Motor Trend International Auto Show

Wall Street recap: Stocks climb for third day as financial shares rise

Stocks rise for third day as financial shares climb NEW YORK Arally in financial stocks yesterday helped the market extend its grind higher to a third...

Kids and Money: Get the most out of grueling college visits

Piles of tour books, brochures and maps are strewn across the kitchen table. It’s two weeks before the trip, and you’re feeling anxious about...


March 11, 2010

SCC approves Virginia Power settlement that will save customers $726 million

Dominion Virginia Power customers will save $726 million under a settlement of a group of rate cases the State Corporation Commission approved today. A...

First-time jobless claims drop slightly last week

The number of newly laid-off workers requesting unemployment benefits fell last week, the latest sign the employment picture is slowly brightening.

Trade deficit shrinks as auto and oil imports drop

The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential...

Smithfield Foods returns to profitability

SMITHFIELD—Meat processor Smithfield Foods returned to a profit in the third quarter, partly due to strength in its packaged meats business and higher...

Mexico’s Carlos Slim becomes ‘world’s richest’
Mexico’s Carlos Slim becomes ‘world’s richest’

Mexican tycoon Carlos Slim is the first man from a developing nation to become the world’s richest person — a shift that underlines the loosening...

Wall Street futures trade in a narrow range

NEW YORK—Stock futures are trading in a narrow range as a lack of economic reports have kept a lid on big movements this week. Investors eager for...

VW profit plummets 73 percent in 4th quarter

Volkswagen, Europe’s largest carmaker, said fourth-quarter net income dropped 73 percent to 257 million euros as revenue fell 1.2 percent. In the...

BMW yearly income down 36 percent

FRANKFURT—German carmaker BMW AG says its 2009 net income fell 36 percent to euro210 million ($286 million) because of lower demand for its cars...

Auto safety hearing today in Washington

WASHINGTON—Toyota’s massive recalls are bringing new scrutiny to the government’s auto safety agency. They are prompting Congress to...

Asian stocks post tepid gains; Europe lower

BANGKOK—Asian stock markets posted tepid gains today as China’s burst of inflation tempered confidence in the regional economic rebound. European...

Most restaurants are smoke-free, but exceptions exist
Most restaurants are smoke-free, but exceptions exist

More than three months after Virginia’s new restrictions on smoking in restaurants went into effect, about 88 percent of restaurants in the state...

VCU Health System and Children’s Hospital plan joint operation

The VCU Health System hopes to expand its already considerable footprint. The health system will assume operations of the Children’s Hospital on...

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