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CarMax reports third-quarter loss
December 22, 2008 12:50 PM
Used car retailer CarMax Inc. reported a $21.9 million loss during the third quarter as sales sank 23 percent for the quarter.
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Genworth to cut 1,000 jobs
December 19, 2008 11:28 AM
Henrico County-based Genworth Financial will cut 1,000 jobs, or about 14 percent of its worldwide work force, the company announced Thursday.
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Kaine’s plan would raise cigarette tax, cut Medicaid and education
December 18, 2008 10:37 AM
Highlights of Kaine's budget proposal
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Blacksburg business incubator receives international award
December 17, 2008 10:40 AM
A Blacksburg business incubator has been dubbed the “Most Promising New Incubator” at an annual awards program at the Science Alliance Conference in Science-Based Incubation.
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Kaine to propose cigarette tax increase
December 16, 2008 5:37 PM
Gov. Timothy M. Kaine plans to propose a cigarette sales tax increase to help close the state’s budget shortfall, Speaker of the House William J. Howell confirmed Tuesday.
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Supreme Court allows lawsuit against Altria to proceed
December 16, 2008 11:10 AM
The U.S. Supreme Court dealt a legal blow Altria Group and the tobacco industry Monday by ruling that tobacco companies can be sued for marketing “light cigarettes.”
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Automotive supplier to consolidate operations in Newport News, creating 318 jobs
December 15, 2008 11:45 AM
An automotive supplier announced Monday it will move its South Carolina manufacturing operations to its Newport News site, creating 318 new jobs.
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Gildan closes Hillsville knitting plant
December 12, 2008 11:03 AM
Canadian-based Gildan Activewear announced Thursday it would close its knitting plant in Hillsville, laying off 180 employees.
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Appalachian Power rates increase 19.3 percent
December 11, 2008 5:25 PM
Appalachian Power’s rates will increase 19.3 percent over the previous base rates.
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Appalachain Power rates go up 19.3 percent
December 11, 2008 11:21 AM
Appalachian Power’s rates will increase 19.3 percent over the previous base rates.
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