Capital One receives permission to return TARP money
June 09, 2009 4:56 PM
Capital One Financial Corp. is one of 10 banks that have received approval to repay funds received under the U.S. Treasury’s Troubled Asset Relief Program.
Virginia gets $17.5 million to rehabilitate foreclosed homes
June 08, 2009 12:56 PM
Virginia has received $17.5 million to help localities purchase and rehabilitate foreclosed homes to be resold to low- and -moderate income families.
Virginia changes mortgage regulations to fight fraud
June 05, 2009 12:39 PM
Virginia is using a national network to register and license mortgage loan originators in an effort to reduce mortgage fraud.
Investment firm to lay off 133 Hampton Roads workers
June 05, 2009 12:37 PM
Capital Groups Cos. plans to lay off 133 people from its offices in the Hampton Roads region, according to The Virginian-Pilot.
Reynolds to lay off 158 plant workers
June 04, 2009 11:26 AM
Reynolds Packaging Group plans to lay off 158 employees at a Richmond plant by Aug. 1, according to the Richmond Times-Dispatch.
110 furloughed Strasburg workers to lose jobs
June 03, 2009 11:43 AM
International Automotive Components will move production of 35 injection molds for General Motors pickups and SUVs to Mexico, leaving 110 Strasburg employees out of work.
Virginia GM powertrain plant to close
June 02, 2009 11:36 AM
General Motors’ has announced it is closing nine manufacturing plants, including its powertrain plant near Fredericksburg, which employs 83 people.