Richmond Fed’s Lacker critiques central bank’s new lending practices
June 05, 2008 11:40 AM
Richmond Federal Reserve President Jeffrey Lacker warned Thursday that the central bank’s recent policies on lending to securities firms could encourage risky behavior and lead to more credit crises.
Packaging company to make Danville headquarters
June 04, 2008 8:03 AM
A luxury packaging company plans to move its headquarters to Danville, creating 62 new professional jobs, according to the Danville Register & Bee.
Virginia Beach council considers repealing new machinery and tools tax
June 03, 2008 8:05 AM
The Virginia Beach City Council is considering repealing an increase in its machinery and tools tax rate after German manufacturer Stihl Inc. said it could prevent the company from expanding its industrial complex in the city, according to The Virginian-Pilot.
Valley businesses ask for fair power hike
June 02, 2008 8:42 AM
A group of northern Shenandoah Valley businesses are asking the State Corporation Commission to provide a fair review of Allegheny Power’s request for a 29 percent increase.
Nonprofits use technology and charm to recruit major donors
June 01, 2008 12:01 AM
Courting the rich: Sweeney, senior vice president of development and public affairs at the University of Virginia, is at the helm of a $3 billion capital campaign,one of the largest in higher education history.