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Smithfield profit soars on pork segment, insurance recovery
March 10, 2011 11:15 AM
Smithfield Foods reported a jump in profit in its third quarter as pork and live hog prices increased and the company recovered $120 million in fire insurance.
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Williamsburg and Virginia Beach top best family vacations list
March 09, 2011 5:40 PM
Williamsburg and Virginia Beach have landed at the No. 1 and 2 spots on Tripadvisor’s 2011 Travelers’ Choice Family Choice Awards for Great U.S. Destinations to Discover.
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Smithfield Foods names two to board after one member resigns
March 09, 2011 5:39 PM
Smithfield Foods Inc. has elected two new members to its board of directors after another member resigned because of conflicting business and public commitments.
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CIT receives grant to improve gas monitoring in coal mines
March 08, 2011 5:35 PM
The Center for Innovative Technology has received a $200,000 award from the Small Business Administration to improve the monitoring of gas levels in underground mines.
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Alpha Natural Resources invests in green cement company
March 07, 2011 6:04 PM
Coal producer Alpha Natural Resources Inc. has invested in a company that repurposes fly ash from coal combustion into a “green cement.”
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IceWEB announces merger agreement with Promark Techology
March 07, 2011 5:33 PM
IceWEB Inc. in Sterling, a provider of data storage and building blocks for cloud storage networks, announced Monday that it has reached a definitive merger agreement with Maryland-based Promark Technology Inc.
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Virginia Beach company to form joint venture in Saudi Arabia
March 07, 2011 4:57 PM
Arrangement with Ezz Al Khair will allow the companies to trade products and provide services in Saudi Arabia
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James River Coal to buy coal companies for $475 million
March 07, 2011 3:07 PM
James River Coal Co. of Richmond has reached an agreement to buy International Resource Partners LP (IRP) and its subsidiary, Logan & Kanawha Coal Co. LLC (L&K), for $475 million in cash.
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Commercial real estate roundup, 3/7/11
March 07, 2011 5:30 AM
Cushman & Wakefield | Thalhimer settles into a new headquarters building while Washington sees the largest multifamily property sale since 2008. This and other real estate news from around the state:
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More older women expected to join the work force
March 04, 2011 5:55 PM
By 2018, the number of women age 65 to 74 in the civilian labor force is projected to increase more than the number of women in any other age group.
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