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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.
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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.
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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.
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International Paper cuts production in Franklin
November 14, 2008 11:40 AM
International Paper plans to shut down one of its machines in Franklin this month, affecting 50 employees.
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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.
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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.
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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.
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Richmond CFO Black leaving next week
November 11, 2008 10:25 AM
Richmond chief financial officer Harry E. Black will leave the city Nov. 21 for a job in the private sector in Richmond.
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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.
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LandAmerica to be sold
November 07, 2008 2:47 PM
Company being bought by title insurance industry rival.
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