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November 20, 2009
Hundreds line up for REI opening
Several hundred people waited in line this morning for the grand opening of outdoor equipment retailer REI in Henrico County’s West Broad Village....
Virginia’s jobless rate falls in October from September
Virginia’s unemployment rate, while higher than last year, remains far lower than the national average and bucked the national trend, which saw a...
Thanksgiving weekend travel in Va. expected to increase
The number of Virginians traveling by car, bus, train or airplane during the Thanksgiving holiday weekend is expected to increase about 3 percent compared...
2010 Virginia AAA Five and Four Diamond Winners
2010 Virginia AAA Five and Four Diamond Winners
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.
Three local hotels, 2 restaurants awarded 4 Diamonds from AAA
Still in its first year of operation, The Westin hotel in Henrico County has won one of AAA’s prestigious Four Diamond Awards for superior service...
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...
Philip Morris ordered to pay $300 million to former smoker
A South Florida jury yesterday ordered Philip Morris USA to pay $300 million to a former smoker, agreeing that the tobacco company’s negligence was...
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...
Philip Morris sues N.Y., N.J. retailers
As part of a campaign against counterfeit cigarettes, Philip Morris USA is suing 10 retailers in New York and New Jersey alleging they’ve been selling...
Uppy’s Convenience Stores win chamber’s Impact Award
Chester-based Uppy’s Convenience Stores Inc. won the Greater Richmond Chamber’s Impact Award during a gala last night. The chain of convenience...
AOL to shed a third of its work force
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 will cut 250 jobs at Hampton plant
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...
Mortgage delinquency rate rises in Va.
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...
November 19, 2009
Electronics retailer hhgregg opens two area stores
Nearly 300 people streamed into the new hhgregg store near the Short Pump Town Center today as the retailer officially opened in Henrico and Chesterfield...
AAA Mid-Atlantic Four Diamond Award honors area restaurants, hotels
AAA Mid-Atlantic has announced its 2010 Four Diamond Award-winning hotels and restaurants in the central Virginia area.
Rancher saved from wrecking ball becomes energy-efficient
The house wasn’t historic or in any way unusual—just a plain brick and vinyl rancher like thousands of others built in the 1960s and ‘70s....
Business Briefs for Nov. 19
Housing Virginia, a statewide nonprofit dedicated to affordable housing, and the Virginia Association of Realtors announced yesterday that they will produce...
Universal Corp. borrowing $100 million
Universal Corp., the giant tobacco dealer, is borrowing nearly $100 million to refinance lower-interest rate, short-term IOUs and overdrafts it used to...
J.C. Penney kills its Big Book catalog
The J.C. Penney Co. Big Book is dead—a victim of shoppers’ growing reliance on the Internet. Plano, Texas-based Penney confirmed that its fall/winter...
Union Bankshares repays $59 million federal loan
Union Bankshares Corp. said yesterday that it has repaid the $59 million it received from the federal government under the Troubled Asset Relief Program....
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...
Greater Richmond Chamber to visit Raleigh-Durham
The Greater Richmond Chamber’s 2010 InterCity Visit will be to North Carolina’s Raleigh-Durham region in April. Raleigh-Durham was chosen because...
November 18, 2009
Union Bankshares repays $59 million in TARP funds
Union Bankshares Corp. said today it has repaid the $59 million it received from the federal government under the Troubled Asset Relief Program. The Bowling...
J.C. Penney to stop publishing ‘big book’ catalogs
PLANO, Texas—J.C. Penney will stop publishing its twice-yearly “big book” catalogs, now that customers increasingly shop online. Instead,...
Va. farm exports to Cuba expected to increase
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...
Habitat for Humanity creates Virginia’s first community land trust
Richmond Metropolitan Habitat for Humanity has created the first community land trust in Virginia, which the nonprofit hails as a landmark moment in the...
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...
