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Kaine orders spending cuts under weak economy
July 18, 2008 11:15 AM
Gov. Timothy M. Kaine ordered state agencies to freeze hiring and stop non-essential travel and equipment purchases.
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Sunrise CEO steps down
July 17, 2008 11:14 AM
The founder and CEO of McLean-based Sunrise Senior Living Inc. announced Wednesday he would step down from his CEO role in November.
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Business group freezes campaign donations over transportation
July 17, 2008 11:06 AM
The Greater Washington Board of Trade announced Wednesday it would not donate to any General Assembly candidate until the legislature secures transportation money.
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Cleveland mining group to buy Alpha Natural Resources
July 16, 2008 11:16 AM
Cleveland-Cliffs Inc. has agreed to buy coal producer Abingdon-based Alpha Natural Resources for $10 billion in stock and cash.
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Kaine on trade mission in Europe
July 15, 2008 11:11 AM
Gov. Timothy M. Kaine is headed to London to meet with Rolls-Royce as part of a week-long trade mission to Europe.
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Bon Secours hospitals in Richmond, Hampton Roads merge
July 14, 2008 7:38 PM
Bon Secours Virginia to have seven hospitals
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Freddie, Fannie shares fall Monday after a surge in early-morning trading
July 14, 2008 11:00 AM
Freddie Mac and Fannie Mae’s stock price fell Monday after surging in early market trading.
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Government considers takeovers of Freddie, Fannie
July 11, 2008 11:12 AM
The U.S. government is discussing a plan to take over one or both of the nation’s largest mortgage finance companies if their financials worsen further, according to a report in the New York Times on Friday.
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Lawmakers leave Richmond without transportation plan
July 10, 2008 11:17 AM
Legislators failed to pass a transportation spending plan Wednesday, leaving state residents with nothing but a $100,000 bill.
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Virginia No. 2 state for business
July 10, 2008 11:15 AM
Texas overcame Virginia as the best state for business, according to CNBC’s annual study.
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