Slow start for Miller & Rhoads condos downtown (Times-Dispatch)
Condominiums in Miller & Rhoads Residences, a new project in the old department store in downtown Richmond, became available four months ago in a difficult real estate market but an even tougher financing environment. Only three of 133 units have sold as lenders clamped down, particularly for condo purchases.
CarMax 2Q profit soars (AP)
he Richmond, Va.-based company that predominantly sells used vehicles said it earned $103 million, or 46 cents per share, for the three months ended Aug. 31, compared with $14 million, or 6 cents per share, a year ago.
Ten Big Companies That Are Veering Toward Bankruptcy (Business Insider)
A new report by Audit Integrity identifies some high-profile names “that have the highest probability of declaring bankruptcy among publicly traded firms.”
When Your Venture Guy Says Goodbye (BusinessWeek)
As VC firms struggle to raise money, partners are leaving—and startups are being left in the lurch.
Tony Hawk Carves a New Niche (Entrepreneur)
The master of the half-pipe and creator of a skateboard empire is about to introduce his latest trick: a skateboard without wheels
