Virginia port lays off 20 percent of its work force
August 03, 2009 12:26 PM
Layoffs blamed on a 25 percent drop in cargo volume and revenue
Alpha Natural Resources completes merger
July 31, 2009 1:46 PM
Abingdon-based Alpha Natural Resources announced it has completed its merger with Foundation Coal Holdings, forming the third-largest coal producer in the U.S.
MeadWestvaco boosts income on alternative-fuel tax credit
July 30, 2009 10:01 AM
Richmond-based MeadWestvaco more than doubled its quarterly net income on a tax credit for using alternative fuels for its operations.
Virginia stock index shows slight gain in June
July 29, 2009 6:00 AM
The Virginia Business Stock Index of 50 stocks rose 1.09 percent in June, better than the Dow Jones industrial average and S&P 500 Index but lower than the Nasdaq Composite index.