Documentary shows factory’s final days
January 01, 2009 2:01 AM
Hooker Furniture Corp. closed its last case-goods furniture factory in Martinsville in March 2007, putting about 280 employees out of work. YouTube: Documentary
NASA awards Orbital $1.9 billion contract
December 24, 2008 11:25 AM
NASA has awarded Dulles-based Orbital Sciences Corp. a $1.9 billion contract to provide cargo transportation from its Eastern Shore spaceport to the International Space Station.
Northrop Grumman, General Dynamics awarded $14 billion Navy submarine contract
December 23, 2008 11:12 AM
The U.S. Navy has awarded Northrop Grumman Shipbuilding in Newport News, a subsidiary of Falls Church-based General Dynamics, a $14 billion contract to build eight submarines, the largest sub procurement in Navy history.
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.
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.