Struggling Internet company AOL plans to shed up to 2,500 jobs—more than a third of its work force—as it prepares to separate from Time Warner...

Alcoa Inc., the largest U.S. aluminum producer, will cut 250 jobs at a plant in Hampton because of falling parts orders for industrial gas turbines. The...

The delinquency rate for mortgage loans on residential properties in Virginia stood at 7.7 percent at the end of the third quarter, up from 6.9 percent...

Stocks tumble on signs of subdued recovery NEW YORK Signs of a subdued economic recovery sent investors out of stocks yesterday and in search of safer...

The end is near for LandAmerica Financial Group Inc. U.S. Bankruptcy Judge Kevin R. Huennekens approved the Henrico County-based title insurer’s...

Tech, housing numbers cited as stocks drop NEW YORK Disappointing forecasts from technology companies and an unexpected drop in home construction added...

Virginia’s agricultural exports to Cuba are expected to be up by more than 10 percent this year, even as overall U.S. food exports to the communist...

Richmond Metropolitan Habitat for Humanity has created the first community land trust in Virginia, which the nonprofit hails as a landmark moment in the...

After 22 years, Spinnaker’s Restaurant in the Chesterfield Towne Center has closed. The eatery officially shuttered Sunday after an issue with The...

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....

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...

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-based Southside Oil LLC has bought 172 Exxon retail gasoline stations, mainly in Maryland, more than doubling the company’s retail operations....

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 Energy Co. has bought additional coal reserves from the bankrupt Appalachian Fuels LLC and its affiliates. The metallurgical and steam coal reserves,...

Commodities gain, but stocks end mixed NEW YORK Stocks finished an erratic session mixed yesterday as higher commodity prices lifted energy and materials...

Last week’s torrential rainfalls have caused damage and delays to some Virginia farm crops, but the extent of losses is unknown, some agriculture...

Retail sales rose in October but provided little hope for a robust holiday shopping season to invigorate the economic recovery. The figures, driven by...

Agroup of businessmen launched a coalition yesterday to urge the federal government to make a major investment in electric transportation, pointing to...

The State Corporation Commission says Virginia’s goal reducing electricity consumption by 10 percent by lowering demand and improving efficiency...

Interest rates on short-term Treasury bills were unchanged in yesterday’s auction. The Treasury Department auctioned $30 billion in three-month bills...

The Federal Reserve proposed new rules to protect consumers from unexpected costs or restrictions on gift cards. More than 95 percent of Americans have...

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...

Stocks rise after report on better retail sales NEW YORK Investors kept the stock market’s upward momentum going yesterday, sending shares sharply...

Virginia is doing better at reducing premature births, but the state still gets a grade of D because too many babies are born before full term, according...

David Fitzgerald stops by the Glen Allen Supermarket nearly every afternoon to grab a cup of coffee. “Everyone there is very friendly,“ the...

LISA DISSELKAMP Metro Business asked Lisa Disselkamp, president of Athena Enterprises, a Chesterfield County-based work-force management technology consulting...

Indicators MONDAY Commerce Department releases retail sales for October and business inventories for September.  TUESDAY Labor Department releases...

Freshmen can avoid money woes College freshmen, listen up. Get your financial life on track this first semester—or you may wind up making mistakes...

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...