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Wednesday, 02 July 2008 11:51 |
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An unofficial count of the store fronts in Carytown: 142 occupied buildings, 22 vacant buildings. That makes for a total of 164 buildings, 22 of which are vacant. According to my trusty calculator, which I can’t seem to do without, that’s roughly a 13% vacancy rate.
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Tuesday, 01 July 2008 11:27 |
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Just like a kid with a new remote control car, doctors like to use their new toys.
But sometimes when doctors own their practices, and when their new equipment costs hundreds of thousands of dollars, the lines of medical necessity can get blurry.
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Written by William Dugger
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Thursday, 26 June 2008 11:35 |
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When local TV station WRLH Fox 35 hired an exterminator to kill feral cats in a back lot of its building, the local SPCA got wind and unleashed a save-the-kittens firestorm. Now the station is dealing with a far larger problem than a few alley cats: a PR snafu that has it looking like a cold-blooded cat killer.
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Tuesday, 24 June 2008 21:35 |
Media General CEO Marshall Morton says major American newspapers will have to join forces in order to stay alive. "There’s got to be some assimilation, I would guess that rather than bankruptcies, you’d see some combinations,” he says in a story that appeared in Monday's NY Times.
Ad revenue at newspapers across the country is down around 15% in May compared to the previous year. In part that's because the hurting real estate companies aren't buying ads. And while the web is often hailed as the knight in shinning armor, it remains far less profitable than the print version. |
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Friday, 20 June 2008 20:27 |
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It was a rough week for CarMax and Circuit City. CarMax stock shed $2 a share, or about 11%, on news that profits at the company dropped 55%. Meanwhile, Circuit City – the company from which CarMax was spawned – is on life support and looking for a transfusion. Or is it an organ transplant? |
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Thursday, 19 June 2008 19:53 |
Kim Scheeler will take over as president of the Greater Richmond Chamber of Commerce. He has been the head of the Tampa Chamber of Commerce since 2001. He holds a bachelor’s degree in business administration from Indiana University and an MBA from the University of South Florida.
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Tuesday, 17 June 2008 10:53 |
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The Richmond office will likely hire more brokers and boost its advertising budget in attempt to strengthen the brand and compete with the region's larger firms.
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Thursday, 05 June 2008 16:05 |
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Drive to Richmond. Stay in a hotel for two nights. Get a $25 gas card. That’s the pitch of an ad currently running in Roanoke, Washington D.C. and Hampton Roads.
The Richmond Metropolitan Convention & Visitor’s Bureau, which promotes the Richmond region as a tourist destination, is paying for the spots. The ads link to a new website (the RMCVB hired Richmond.com to design them), which shows potential amenities and itineraries. |
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Thursday, 05 June 2008 13:28 |
 CarMax had a computer systems meltdown earlier this week, according to an AP story and a source at the company. " Spokeswoman Trina Lee says computer systems for the Richmond-based company experienced a temporary hardware failure that started Monday night. The problem was nearly 100 percent resolved by Tuesday afternoon and CarMax was able to sell cars." IT professionals worked 24 hours a day to resolve the problem. A source at CarMax said employees were faxing documents and writing down sales to be processed later. It's unclear how this might have affected sales. |
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Wednesday, 28 May 2008 14:34 |
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Busch Gardens in Williamsburg might be put up for sale if a foreign brewer follows through on plans to buy the Anheuser Busch Company, according to a story in the Financial Times.
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Tuesday, 22 April 2008 21:13 |
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Struggling computer chip maker Qimonda will layoff 10% of its global workforce, according to Reuters, which may include cuts at the company’s North American plant in Sandston.
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Thursday, 17 April 2008 11:57 |
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The movie-rental chain Blockbuster announced this week that it wants to buy Circuit City for more than $1 billion. What sort of movie would this be? A horror film? Maybe a romantic comedy?
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Tuesday, 08 April 2008 03:32 |
Some Richmond-area banks are growing pickier about which businesses get financing. With a possible recession on the horizon, banks are extra careful to protect their investments. And there’s less money to lend, bankers say, in part because of fallout from residential mortgages (read: subprime meltdown). |
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Monday, 07 April 2008 01:39 |
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At least three Richmond investment firms are having trouble retrieving client money from investments that were thought to be short-term and low-risk.
Individuals and businesses that invest with Davenport & Company, Charles Schwab and Wachovia Securities might be unable to access money from certain mutual funds that invest in municipal bonds, also known as auction-rate securities. |
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