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ITT unit prepares for independence
October 27, 2011 8:00 AM
ITT, based in White Plains, N.Y., was scheduled to spin off two company divisions as independent, publicly traded companies on Oct. 31. Current ITT stockholders were to be given shares in the new companies.
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The land down under
October 27, 2011 8:00 AM
Contract-manufacturing firm, Ceramic Technology, designs and fabricates custom steel equipment for the coal industry with a specialty in ceramic linings. In 2010, the company secured patents in the United States, Canada and Australia for its Sam-1 Static Prescreen technology, which helps lower operational costs for coal and mineral processing.
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Eastern Shore firm honored for resilience
October 27, 2011 8:00 AM
Pamela Barefoot was shocked when she learned her company, Blue Crab Bay, recently won the Chairman’s Award, part of the Tayloe Murphy Resilience Awards at the Darden School of business at the University of Virginia.
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Filling a vacancy
October 27, 2011 8:00 AM
There were lots of smiles when the new Martha Jefferson Hospital opened its doors on an 80-acre campus in Albemarle County in August. One reason for the good mood is that was the knowledge that the old hospital building in downtown Charlottesville wasn’t going to sit vacant for long.
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Recovery for commercial real estate will remain slow, report says
October 26, 2011 6:05 PM
Job creation needed to sustain markets
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Northrop Grumman beats analyst estimates
October 26, 2011 5:26 PM
Northrop Grumman Corp., Virginia’s newest Fortune 500 firm, reported a 5 percent increase in third-quarter profit even though revenue dropped 6.5 percent.
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Profit rises at General Dynamics
October 26, 2011 5:13 PM
Earnings per share from continuing operations increased 7.6 percent in the third quarter
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Study predicts high job losses in Virginia if budget committee fails
October 26, 2011 4:43 PM
Impasse expected to trigger automatic defense budget cuts that would cost the commonwealth nearly 123,000 jobs.
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Cure-all for local economies?
October 26, 2011 8:00 AM
Hospitals drive jobs and development in Virginia.
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Virginia Chamber launches election information website
October 26, 2011 6:20 AM
The Virginia Chamber of Commerce has launched the Virginia Prosperity Project, a website described as a resource for employers to educate their workers about state and local elections and issues that affect the economy.
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