Areva delays construction of new building
November 19, 2008 11:30 AM
Nuclear company Areva said it would delay construction of its new office building in Lynchburg because of the current economic crisis, according to The News & Advance.
Deal to purchase Alpha Natural Resources falls through
November 18, 2008 11:16 AM
A deal to purchase Abingdon coal miner Alpha Natural Resources has fallen through.
Genworth reaches agreement to buy savings bank
November 17, 2008 11:29 AM
Genworth Financial, a Richmond-based life and mortgage insurer, has made a deal to buy a savings bank in an effort to become eligible for financial help under the $700 billion congressional bailout.
Richmond-based Chesapeake Corp. may file for bankruptcy
November 14, 2008 11:39 AM
Packaging company Chesapeake Corp. announced Thursday it may be required to file for bankruptcy protection while it restructures its finances.
APM Terminals makes Portsmouth its Americas headquarters
November 14, 2008 11:37 AM
APM Terminals is relocating its Americas headquarters to Portsmouth, where last year it opened a $450 million marine terminal.
Genworth struggles continue
November 12, 2008 12:07 PM
Genworth Financial Inc.’s troubles continued Tuesday after one of its units revealed it was no longer eligible to participate in a federal program to sell commercial paper, a source of short-term capital for companies.
Circuit City files for bankruptcy
November 10, 2008 11:11 AM
Struggling electronics retailer Circuit City Stores Inc. filed for bankruptcy Monday morning, less than a week after it announced it would close a fifth of its stores and days after it laid off 700 people at its Henrico County headquarters.