CARMAX INC. Michael K. Dolan,an officer, exercised options for 130,000 shares Sept. 29 at $7.14 per share. Hugh G. Robinson, a director, exercised options...

There’s never a good time for a refrigerator or a washer to stop working. When the economy is bad and money is tight, the timing is even worse. If...

More Americans lost their jobs than expected last month: The bad news hit local retailers in the middle of a breakfast forum on prospects for their make-or-break...

Appliance and electronics retailer hhgregg will hold a job fair beginning Monday to hire about 80 people for the two Richmond-area stores it will open...

BERKELEY, Calif. If you’re still using plain old vanilla marshmallows at your campfire or in your cocoa, you’re out of touch. The next generation...

Shamin Hotels has opened its 10th hotel in a year’s time. Metropolitan Richmond’s largest hotel firm, Shamin opened the Residence Inn by Marriott...

The Walt Disney Co. said yesterday its Miramax Films division will slash the number of movies it produces each year, which it says will lead to “significant...

A small Virginia insurer, hammered by having put its faith in Fannie Mae and Freddie Mac bonds, has lost almost all its capital since it was forced into...

The recession that has gripped the nation since 2007 may have ended. But the damage is not over and solutions are needed to prevent another crisis, a finance...

The parent company of Consolidated Bank & Trust in Richmond yesterday completed its merger with Premier Financial Bancorp Inc., a $734 million holding...

A $12 million fund is being created for claims against Peanut Corp. of America, the processor at the center of a nationwide salmonella outbreak this year....

Educational Credit Management Corp. plans to close its office in Chesterfield County and lay off all 60 employees, the nonprofit agency said yesterday....

The recession that has enveloped the nation since 2007 may be over, but new measures are still needed to prevent another crisis, a finance and real estate...

A newly-formed company hoping to manufacture solar equipment for commercial and residential use is considering setting up operations in Henrico County....

The Food and Drug Administration today began collecting millions in fees from the nation’s tobacco companies to help fund the agency’s newly...

The annual Parade of Homes showcases new homes by builders in the Richmond and Tri-Cities area. The work of 36 builders will be open for viewing the next...

Big losses in what’s usually the Richmond economy’s most stable sector—government—hit the area’s job market hard in August,...

Capitol Securities Management Inc. continues to expand. The Glen Allen-based brokerage and investment firm is the new broker-dealer for Hawthorne Securities...

Problems facing the retail industry were a secondary subject yesterday as retailers and local commercial real estate firms talked about possible partnerships...

Virginia will need to borrow as much as $1.27 billion from the federal government over the next three years to keep making unemployment compensation payments....

Goodyear Tire & Rubber Co. said yesterday that a new national contract with the United Steelworkers union will save the company $215 million over the...

Owners of Airport Motor Co. have closed its used-car sales operation and put the property on South Laburnum Avenue up for sale for $5 million. The 4.9-acre...

Concerns that consumers won’t help drive a speedy and strong economic recovery escalated yesterday after an influential barometer of confidence fell...

The U.S. Bankruptcy Court in Delaware has approved the sale of manufacturing machinery in Qimonda AG’s defunct memory-chip plant in eastern Henrico...

Genworth Financial is introducing new universal life-insurance policies that add another variable customers can control to manage the premiums they pay....

Jack Reasor gave up the life of a politician to head Old Dominion Electric Cooperative. He’s gotten back time with his family and earned high marks...

Bobby Marchetti relies on Higgins & Gerstenmaier to come up with unique landscaping ideas for the shopping centers his Marchetti Properties is developing....

BRIAN GLASS Metro Business asked Brian Glass, senior vice president at Grubb & Ellis/Harrison & Bates Inc., about the status of the retail commercial...

One of the toughest parts about being an entrepreneur is dealing with the lack of sleep. Between working long hours, having the family’s financial...

The following are recently issued business licenses in Henrico County. America’s 1st Responders (retail merchant/personal service); licensee same,...