Sabra Dipping Co. plans to open a new manufacturing facility in Chesterfield County, creating an estimated 260 jobs by mid-2010.
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Virginia stocks fall slightly
October 24, 2008 1:30 PM
Most major Virginia stocks were down slightly Friday as U.S. markets fall amid widespread fears of a global recession.
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AREVA, Northrop Grumman partnership to create 540 jobs in Newport News
October 23, 2008 3:15 PM
Nuclear energy leader AREVA and Northrop Grumman Shipbuilding plan to join forces to create a new $364 million venture in Newport News.
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Altria beats analysts’ expectations
October 23, 2008 8:50 AM
Altria reported $867 million net income, compared with $2.63 billion during the same quarter last year. Altria spun off Philip Morris International last year.
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Sallie Mae narrows loss
October 23, 2008 8:48 AM
Reston-based student loan lender Sallie Mae narrowed its third quarter loss to $159 million, compared with $344 million last year.
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Obama addresses business issues at Richmond rally
October 22, 2008 4:29 PM
Presidential candidate speaks before 13,000 in Richmond
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Dow and Virginia stocks tumble on recession fears
October 22, 2008 4:01 PM
The Dow Jones Industrial Average fell another 560 points on Wednesday amid weak corporate forecasts and falling commodity prices that increased recession fears. Virginia stocks had another tough day, too.
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General Dynamics reports 16 percent profit increase
October 22, 2008 8:19 AM
Falls Church defense contractor General Dynamics reported its third-quarter earnings increased 16 percent because of sales in its shipbuilding and information technology segments.
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Virginia economy continues to weaken
October 22, 2008 8:18 AM
Virginia’s economy continues to look weak, according to a report by the Federal Reserve Bank of Richmond.
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NVR’s quarterly profit drops 60 percent
October 21, 2008 9:10 AM
Homebuilder NVR Inc. reported a 60 percent drop in profit for its third quarter amid the housing turmoil.
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Circuit City considers closing stores, cutting jobs
October 20, 2008 8:15 AM
Richmond electronics retailer Circuit City Stores Inc. is considering a plan to shut 150 stores and cut thousands of jobs to avoid bankruptcy, according to a report published Monday morning in The Wall Street Journal.
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