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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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Genworth reaches agreement to purchase bank
December 10, 2008 11:32 AM
Genworth Financial announced it had reached a definitive agreement to purchase InterBank of Minnesota.
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Daily Press’ parent company files for bankruptcy
December 09, 2008 11:31 AM
The Tribune Co., parent company of the Daily Press newspaper in Newport News, filed for Chapter 11 bankruptcy protection on Monday.
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APM Terminals could receive $1 million for Portsmouth investment
December 09, 2008 11:26 AM
APM Terminals could receive $1 million from the state and City of Portsmouth for construction of its $450 million marine terminal, according to The Virginian-Pilot.
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Abingdon hospital site work continues despite financial downfall
December 08, 2008 11:33 AM
Construction continues on the Johnston Memorial Hospital in Abingdon despite the economic downturn.
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Laid off Circuit City workers will get paid
December 05, 2008 2:45 PM
Circuit City Stores Inc. employees laid off last month will continue to receive a paycheck and benefits.
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Capital One to purchase Chevy Chase Bank
December 04, 2008 11:13 AM
Credit card and banking company Capital One Financial Group is planning to buy Chevy Chase Bank, a major bank in the Washington, D.C.-area, according to The Washington Post.
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Metrorail to Dulles plan clears major hurdle
December 04, 2008 11:12 AM
The Federal Transit Administration has approved its share for the extension of Metrorail to Dulles International Airport, a move that almost guarantees the $5.2 billion project will become a reality.
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Sale of Virginian-Pilot delayed
December 03, 2008 11:22 AM
The Virginian-Pilot is off the market until credit conditions improve.
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Virginia banks seek help from federal bailout
December 02, 2008 11:07 AM
Valley Financial Corp. of Roanoke has received tentative approval for a $16 million investment from the federal government, according to The Roanoke Times.
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