Monthly Archives: November 2009 »
Monday Q&A: It’s up from here
If you picked the industries most under stress right now, the hotel and commercial real estate businesses would likely be in the top five. This week BizSense chats with Glade Knight, the chairman and
Read More »NewsFeeds 11.23.09
Equity fund to take over troubled West Broad Village (Times-Dispatch) Editor’s Pick. E/Class MB Partners Fund I, a new private equity fund managed by two principals at Eagle Construction of Virginia, is investing an
Read More »PM owes smoker $300 million
In the company’s latest legal defeat, a Florida jury ordered Philip Morris USA to pay a 61-year-old former smoker with emphysema $300 million in punitive and compensatory damages. Bloomberg News has more on the
Read More »Guest Opinion: Enough with the business card shuffle
The standard "networking" circuit doesn't cut it for a budding entrepreneur, writes Deanna Lorianni in this week's guest opinion.
Read More »Bobber Flats nears completion
Another former factory in Shockoe Bottom has been converted into apartments. The developers are looking to borrow $8 million more to add the next phase of the project, which encompasses a full city block
Read More »Payback time
Union Bankshares, the parent company of Union Bank & Trust, just wired the U.S. Treasury $59 million it borrowed in December as part of the Troubled Asset Relief Program. The stigma, and the interest
Read More »NewsFeeds 11.20.09
Virginia tax collections reflect economy (Times-Dispatch) Some great reporting from David Ress. Virginians are taking home less pay, spending less in stores and still are getting hit on their investments, new state tax-collection statistics
Read More »Three new S. Pump stores all open this week
Three new retailers are opening or have opened this week in the Short Pump area. Recreational Equipment, Inc. (REI), hhgregg and Jake and Friends are all new on the Far West End retail scene
Read More »The Pipeline: Commercial Real Estate Round Up for 11.20.09
W.H. Stovall & Co. purchased the 33,280 square foot industrial facility at 11130 Leadbetter Road in Ashland from Homestead LLC for $1.31 million.The Flat Five Companies, a window, door and flooring company, leased 1,200
Read More »Wealth advisors strike out on their own
Here’s a trend to watch for small businesses around Richmond that worked with the now-departed Wachovia Securities: Wealth advisors continue leaving big banks and investment firms to run their own wealth management businesses. And
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