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November 25, 2009
Passenger numbers up at RIC as holiday begins
Thanksgiving holiday passenger traffic at Richmond International Airport is running strong so far despite the economic slowdown. “We’re trending...
Business Briefs for Nov. 25
A legal maneuver by Smithfield Foods Inc. is likely to send an unfair-labor-practices complaint to federal investigators in Washington and will delay a...
Ukrop’s assets decline, but balance sheet improves
RICHMOND, Va.—A slow economy cut into cash at the business empire centered on Richmond’s iconic Ukrop’s Super Markets Inc. this summer....
The 411 on Turkey 911
NAPERVILLE, Ill. Workers at Butterball’s turkey-tips hot line are used to oddball situations: The woman who cleaned out her turkey with a scrub...
Fed: It could take six years for labor market to fully recover
The Federal Reserve doesn’t expect the recovery will be strong enough to quickly drive down the jobless rate. Most Fed policymakers said it could...
Data show economic recovery remains tepid
The economy is growing modestly, with consumers too wary about spending to invigorate the recovery. That’s the picture that emerged from reports...
Columbia Gas bills will be 12% lower this winter
This winter’s natural gas bills will be 12 percent lower for Columbia Gas of Virginia’s customers than a year ago, the company said yesterday....
Wall Street recap
Brighter Fed forecast helps market pare losses NEW YORK Abrighter economic forecast from the Federal Reserve helped the stock market pare losses that followed...
November 24, 2009
Business briefs for Nov. 24
A bioscience and healthcare business incubator in the United Kingdom has signed a collaborative partnership agreement with the Virginia BioTechnology Research...
Realtor says ghost might be selling point
A Realtor is working with a ghost hunter to determine if a spirit or two occupies a 200-year-old house that she listed for sale. She figures it will be...
Tax credit fuels home sales
First-time buyers taking advantage of a special tax credit gave sales of existing homes their biggest surge in a decade, raising hopes for a turnaround...
Americans save more but earn less as rates fall
The U.S. is finally becoming a nation of savers. Now if only we could get something for our money. Interest rates are sinking to near zero for the first...
Wall Street recap
Housing data, weak dollar help push stocks higher NEW YORK The stock market ended a three-day losing streak yesterday, closing broadly higher as a weaker...
Star Scientific changes its ticker symbol
Petersburg-based tobacco company Star Scientific Inc. has changed its ticker symbol on the Nasdaq stock exchange. Its trading symbol changed from STSI...
Debt worries will crimp holiday buying, poll says
93 percent say they’ll spend less or about the same as last year, according to an Associated Press-GfK poll. Half of all those polled say they’re...
6-month notes at record low
Interest rates on six-month Treasury bills hit their lowest level on record and three-month bills their lowest point in 11 months in yesterday auction...
November 23, 2009
Leader of Verizon’s Va. operations is driven to solve
When Robert W. Woltz Jr. walked up to the “cord-board” in Petersburg on his second day with the phone company, he stepped to a corner of the...
60 Seconds with: Cathy McCarthy
CATHY McCARTHY Metro Business asked Cathy McCarthy, a senior vice president at Henrico County-based SnagAJob.com, an hourly and part-time job-listing Web...
Indicators for week of Nov. 23
Indicators MONDAY National Association of Realtors releases existing-home sales for September. TUESDAY Standard & Poor’s/Case-Shiller releases...
Holiday shopping brings out counterfeiters
It’s the season for trafficking counterfeit money. As shoppers flock to stores and overwhelm cashiers, and as new hires take to the registers, counterfeiters...
Bankruptcy petitions for Nov. 23
The following is a recent business bankruptcy petition filed in U.S. Bankruptcy Court: Case Number: 09-37276 LandAmerica OneStop Inc., Henrico County Assets:...
November 22, 2009
Gift cards should be a pleasure, not a pain
Gift cards shouldn’t be a pain New regulations are coming that are designed to protect consumers against predatory fees and practices in the $88...
How seniors can steer clear of money woes
Ah, the golden years, a time for dreaming about retirement—or kicking back and enjoying the fruits of one’s labor after decades in the working...
November 21, 2009
Va. jobless rate falls to 6.3%
Virginia’s job market improved last month as the number of Virginians out of work declined. The Virginia Employment Commission also noted weekly...
Nonprofit, Realtors to create Va. housing-costs index
Housing Virginia, a statewide nonprofit dedicated to affordable housing, and the Virginia Association of Realtors will produce a quarterly housing-affordability...
Wall Street recap
Stocks fall a third day as dollar strengthens NEW YORK Investors can’t shake their fears that the economy isn’t keeping up with the stock market....
November 20, 2009
Electronics retailer hhgregg open for business in Richmond
The CEO of the appliance and consumer-electronics retailer believes the chain can make headway in an already competitive market.
Virginia tax collections reflect struggling economy
Virginians are taking home less pay, spending less in stores and still are getting hit on their investments, new state tax-collection statistics show....
Business Briefs for Nov. 20
Richmond Times-Dispatch President and Publisher Thomas A. Silvestri has been elected chairman of the American Press Institute. The institute, based in...
U.S. scores well in Genworth consumer poll
Genworth Financial Inc.‘s latest survey of consumers’ vulnerability found Americans are doing well, considering. Despite the recession, Americans...
