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Norfolk Southern posts 13 percent increase in profit
January 28, 2009 10:53 AM
Norfolk Southern reported a 13 percent increase in profit in the fourth quarter despite a decrease in freight volume because of the recession.
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No reboot for Circuit City News
January 28, 2009 2:03 AM
Electronics retailer is liquidating after failing to find a buyer
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For the record - Southern Virginia
January 28, 2009 2:01 AM
Clark Construction Co. of Bassett received a $3.2 million contract from the Henry County Industrial Development Authority for a 100,000-square-foot shell building to be built in the Patriot Centre in a partnership between Henry County and Martinsville. Construction is expected to be complete by late summer. (Martinsville Bulletin)
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For the record - Southwest Virginia
January 28, 2009 2:00 AM
Limbgear, a manufacturer of apparel and accessories that incorporate MP3 players and video gaming devices in their design, established its product development and business operations in Blacksburg. (News release)
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Duke renews ties with Danville hospital
January 28, 2009 2:00 AM
Danville Regional Medical Center (DRMC) has signed a 10-year affiliation agreement with the nationally renowned Duke Heart Center.
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Sorensen to lead international workshop
January 28, 2009 2:00 AM
Richard Sorensen, dean of Virginia Tech’s Pamplin College of Business, will help lead an international workshop in San Francisco this month, looking at how schools can thrive during a recession.
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For the Record - Central Virginia
January 28, 2009 2:00 AM
Anderson & Strudwick Inc., a Richmond-based, employee-owned stock brokerage has been bought by Wunderlich Securities Inc., a Memphis, Tenn., investment firm.
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Dublin Volvo plant to lay off 650 workers
January 27, 2009 3:18 PM
Volvo Trucks North America has said it will lay off 650 hourly employees at its Dublin manufacturing plant because of declining demand, according to the Richmond Times-Dispatch.
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Southwest Virginia feeling housing downturn
January 27, 2009 11:33 AM
The housing market turmoil has struck Southwest Virginia, where foreclosure filings were up 262 percent in 2008 over the previous year.
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UR business school dean leaving for GMU
January 26, 2009 3:26 PM
University of Richmond’s business school dean will become dean of George Mason University’s School of Management.
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