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November 19, 2009
Maruchan to add 50 jobs in Chesterfield
A new manufacturing line from Maruchan Virginia Inc., a Chesterfield County-based ramen soup and noodles manufacturer, will mean 50 new jobs for the region....
Bankruptcy judge approves LandAmerica plan
The end is near for LandAmerica Financial Group Inc. U.S. Bankruptcy Judge Kevin R. Huennekens approved the Henrico County-based title insurer’s...
Wall Street recap: Tech, housing numbers cited as stocks drop
Tech, housing numbers cited as stocks drop NEW YORK Disappointing forecasts from technology companies and an unexpected drop in home construction added...
November 18, 2009
Business Briefs for Nov. 18
After 22 years, Spinnaker’s Restaurant in the Chesterfield Towne Center has closed. The eatery officially shuttered Sunday after an issue with The...
Costco and Coca-Cola Co. locked in price dispute
Costco customers may have to look elsewhere for Coca-Cola products now that the retailer has stopped carrying them because the pair are fighting over prices....
VRS names Genworth to provide long-term-care insurance
The Virginia Retirement System has selected Genworth Financial Inc. as its choice to offer long-term-care insurance as a fringe benefit to its more than...
Earnings: Central Virginia Bankshares
Central Virginia Bankshares Inc. reported a third-quarter net loss of $1.05 million, or a loss of 46 cents per share, compared with a loss of $16.89 million,...
Chester company buys 172 Exxon stations
Chester-based Southside Oil LLC has bought 172 Exxon retail gasoline stations, mainly in Maryland, more than doubling the company’s retail operations....
Tobacco firms find tax loophole
A new, multimillion-dollar tax loophole is leading some firms to start labeling their tobacco for roll-your-own cigarettes as pipe tobacco. New tobacco...
Massey buys more coal reserves
Massey Energy Co. has bought additional coal reserves from the bankrupt Appalachian Fuels LLC and its affiliates. The metallurgical and steam coal reserves,...
Wall Street recap
Commodities gain, but stocks end mixed NEW YORK Stocks finished an erratic session mixed yesterday as higher commodity prices lifted energy and materials...
November 17, 2009
Coalition of CEOs urges government to invest in electric cars
Agroup of businessmen launched a coalition yesterday to urge the federal government to make a major investment in electric transportation, pointing to...
Business Briefs for Nov. 17
The State Corporation Commission says Virginia’s goal reducing electricity consumption by 10 percent by lowering demand and improving efficiency...
Fed suggests new rules for retailers on gift cards
The Federal Reserve proposed new rules to protect consumers from unexpected costs or restrictions on gift cards. More than 95 percent of Americans have...
Post-bankruptcy GM reports smaller loss
General Motors, its river of red ink stemmed by a trip through Bankruptcy Court, reported a narrower quarterly loss yesterday and said it would start repaying...
Wall Street recap
Stocks rise after report on better retail sales NEW YORK Investors kept the stock market’s upward momentum going yesterday, sending shares sharply...
November 16, 2009
Customer count up at Glen Allen Supermarket
David Fitzgerald stops by the Glen Allen Supermarket nearly every afternoon to grab a cup of coffee. “Everyone there is very friendly,“ the...
Biz Buzz: Chesterfield center’s shopping filling out
Sitting in the shadows of the Westchester Commons, The Shoppes at Westchester is quickly filling up and becoming a major shopping and office complex on...
E-mailing large files despite attachment limits
Dear PropellerHeads: Sometimes I need to send large files to my co-workers, but my e-mail provider’s limit on attachment size makes this impossible....
60 Seconds with: Lisa Disselkamp
LISA DISSELKAMP Metro Business asked Lisa Disselkamp, president of Athena Enterprises, a Chesterfield County-based work-force management technology consulting...
Indicators for week of Nov. 16
Indicators MONDAY Commerce Department releases retail sales for October and business inventories for September. TUESDAY Labor Department releases...
Metro Business calendar for week of Nov. 16
MONDAY, NOV. 16 Greater Richmond Chamber offers “QuickBooks Payroll,“ 11:30 a.m., Hanover Department of Economic Development, 9097 Atlee Station...
Benefits, risks of using social media in the workplace
Most companies have learned that social media can be an innovative marketing and branding tool. Chip Farmer, executive director of RichTech in Richmond,...
November 15, 2009
Gordonsville couple give U.Va. $5 million for diabetes research
Paul and Diane Manning had no family history of Type 1 diabetes until both of their children developed the disease, but they’re making a historic...
Social media hold promise, peril for companies
If you think gathering connections on LinkedIn is harmless, think again. Say you’re an executive whose connections consist mostly of clients. If...
Stocks news for Nov. 15
For the week that ended Nov. 13. Dividends Quarterly unless noted Increased Allied World Assur .20 from .18 AmeriSourceBergen .08 from .06 Atmos Energy...
November 14, 2009
Golden Hammer Awards: Top renovation projects recognized
The Alliance to Conserve Old Richmond Neighborhoods presented its annual Golden Hammer Awards this week for the best renovations in the Richmond area....
Cost-cutting helps profit for Southern States Cooperative
The recession took a bite out of Southern States Cooperative Inc.‘s revenue in its 2009 fiscal year, but cost-cutting helped it turn a profit for...
Wall Street recap
Earnings reports give a boost; Dow gains 73 NEW YORK Encouraging earnings news from major retailers and The Walt Disney Co. drew investors back into the...
November 13, 2009
Ukrop’s expands offerings of prepared foods
Ukrop’s Super Markets Inc. has expanded its line of prepared foods to include several oven-ready, family-sized options aimed at working families....
