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‘Consumer behavior has changed’
The last thing banks needed was a dustup with customers over new fees.

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Latest News

Booz Allen revenues up, makes cuts in management
Government contractor Booz Allen Hamilton said Friday that its third-quarter revenue was up 3.9 percent, but that it had trimmed its work force by 2 percent in January in anticipation of lower federal spending.


Study finds wine industry has $747 million impact in Virginia
Number of jobs in state industry has risen to 4,753, up 50 percent since 2005


Mortgage rates reach record lows on weak economic news
Mortgage rates fell to new lows this week as reports showed fourth-quarter economic growth was lower than predicted.


Carilion expands air ambulance fleet
Newst helicopter will be based in Rockbridge County


Obama administration announces steps to speed development of offshore wind projects in mid-Atlantic
Interior secretary streamlines wind lease applications.


Advance Auto to add commercial customer center in Roanoke, creating 75 jobs
Advance Auto Parts Inc. said Thursday it plans to spend $8 million to open a financial services commercial customer care center at its corporate headquarters in Roanoke, creating 75 jobs over the next three years.


People

Virginia Vineyards Association names Grower of the Year
Jeanette Smith is the owner of VineSmith Inc. in Shenandoah County,

BVU Authority names new COO
Mike Bundy had been senior vice president of operations at Wellmont Health System

ITT Exelis appoints government relations executive
Defense contractor appoints retired Army brigadier general to post.

Two alumni named to Darden School Foundation Board of Trustees
George S. Tahija of PT Austindo Nusantara Jaya and Ned Hooper of Cisco will serve three-year terms


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