Lumber Liquidators boosts sales, profit
February 19, 2010 11:41 AM
Lumber Liquidators reported a 17.6 percent increase in sales during its fourth quarter as it saw increased foot traffic in its stores and the addition of nine new stores.
Orbital revenues down
February 18, 2010 11:50 AM
Orbital Sciences Corp. said its fourth-quarter revenues fell 8 percent because of a decrease in contracts on satellites and missile defense programs.
Norfolk Southern receives $105 million for Crescent Corridor project
February 18, 2010 11:31 AM
Crescent Corridor Intermodal Freight Program receives $105 million in federal stimulus money.
Hospitals say Medicaid cuts could hurt state’s economy
February 17, 2010 6:14 PM
The Virginia Hospital & Healthcare Association (VHHA) said the state economy could take a $2.6 billion hit if the state cuts Medicaid spending by $720 million.
McDonnell proposes steep education, health cuts
February 17, 2010 2:41 PM
Gov. Bob McDonnell has proposed steep cuts to public education and health and human resources programs to help close the remaining $2 billion shortfall in the biennial budget.
Senate passes law preventing sale of port property
February 17, 2010 11:15 AM
The state Senate unanimously passed a bill Tuesday that would prohibit the sale or long-term lease of Virginia Port Authority property.
General Dynamics wins $154 million Army health IT contract
February 17, 2010 11:14 AM
General Dynamics Information Technology has received a $154 million contract to support the military’s medical information system.
Survey finds small businesses have doubled their use of social media
February 16, 2010 7:19 PM
They use social media to expand marketing efforts, identify new customers and build brand awareness.
Richmond’s 2010 commercial real estate market expected to improve
February 16, 2010 2:49 PM
280 people turn out for annual GRACRE market review