Court deals blow to Metrorail extension
June 09, 2008 11:59 AM
The Virginia Supreme Court has given efforts to extend Metrorail to Dulles another setback by reviving a lawsuit against using collections from the Dulles Toll Road for construction.
Areva to expand, bring 500 new jobs to Lynchburg
June 06, 2008 1:34 PM
Engineering firm AREVA NP will spend $25 million to expand its U.S. headquarters in Lynchburg, creating 500 new jobs.
CVCC to expand engineering program
June 06, 2008 11:05 AM
Central Virginia Community College received a $2 million National Science Foundation grant to expand its program to increase Virginia’s engineering graduates.
Richmond Fed’s Lacker critiques central bank’s new lending practices
June 05, 2008 2:40 PM
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 11:03 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 11:05 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 11:42 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.