SCC approves transmission line in Northern Virginia
October 07, 2008 4:08 PM
The Virginia State Corporation Commission approved Virginia’s portion of a controversial power line on Tuesday, ruling it is needed to provide reliable electric service.
Bank of America ready to alter risky mortgages
October 07, 2008 10:15 AM
About 8,000 people in Virginia who took out risky mortgages through Countrywide Financial are eligible for cheaper, renegotiated loans.
Dow tumbles, Virginia stocks take hit
October 06, 2008 6:49 PM
Wall Street turmoil continued Monday as the Dow Jones Industrial Average fell below 10,000 points for the first time in four years. Virginia stocks also took a hit.
Battle continues for Wachovia
October 06, 2008 11:06 AM
Roundup: The battle between Citigroup and Wells Fargo continues, and a federal judge’s decision on Sunday helps Wells Fargo’s case; Suffolk landowner sells 79 properties to developers
Wells Fargo to purchase Wachovia
October 03, 2008 12:13 PM
Wells Fargo & Co. has a reached a deal to buy all of Wachovia Corp. for $15.1 billion, just four days after Citigroup Inc. had announced it would buy Wachovia’s banking assets.
CarMax cuts 610 jobs among slowing sales
October 02, 2008 11:19 AM
Richmond-based CarMax announced Wednesday it would cut 610 jobs, or 4 percent of its work force, because of slowing car sales.
Virginia’s jobless rate reaches 4.6 percent
October 01, 2008 11:27 AM
Roundup: Virginia’s unemployment reached 4.6 percent in August, the highest rate in the state since January 1997; Council for America's First Freedom proposes two hotels in Shockoe Slip