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.
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.
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.
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.
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
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.
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.
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.