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Virginian-Pilot to cut 125 jobs
November 25, 2008 10:54 AM
The Virginian-Pilot is eliminating 125 jobs, or about 10 percent of the newspaper’s work force, as the weak economy diminishes advertising revenues.
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LandAmerica deal ends
November 24, 2008 11:00 AM
Fidelity National Financial Inc. pulled out of a deal to acquire title-insurance provider LandAmerica Financial Group.
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Two new hotels open at Richmond International Airport
November 21, 2008 1:37 PM
Richmond-based Shamin Hotels has opened two new properties at Richmond International Airport. A Hilton Garden Inn and Holiday Inn opened yesterday, joining three other Shamin hotels at the airport.
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Senate committee predicts $3.2 billion shortfall
November 21, 2008 11:44 AM
A new state Senate Finance Committee report predicts the shortfall for Virginia’s biennial budget could reach $3.2 billion, rather than the $2.5 billion Gov. Timothy M. Kaine predicted last month.
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Sabra Dipping Co. to open manufacturing plant in Chesterfield
November 20, 2008 11:19 AM
Sabra Dipping Co. plans to open a new manufacturing facility in Chesterfield County, creating an estimated 260 jobs by mid-2010.
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Developer moves ahead with plans to redevelop prime mall site in Chesterfield
November 19, 2008 5:58 PM
Developer moves ahead with plans to redevelop Cloverleaf Mall
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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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