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November 21, 2009

Group hopes to get West Broad Village back on track

West Broad Village was abuzz last year as a construction site in the middle of worst recession in decades. The plan called for a place where people could... Richmond Times-Dispatch

Equity fund to take over troubled West Broad Village
Equity fund to take over troubled West Broad Village

A local investment group has stepped in to rescue West Broad Village, pay off all its liens, settle its lawsuits and bring the multiuse project in western... Richmond Times-Dispatch

Va. jobless rate falls to 6.3%

Virginia’s job market improved last month as the number of Virginians out of work declined. The Virginia Employment Commission also noted weekly... Richmond Times-Dispatch

Lack of backup foils Va.‘s new IT system
Lack of backup foils Va.‘s new IT system

Virginia’s expensive new state IT system does not have network backups in case connections between its computers fail. In just five weeks this fall,... Richmond Times-Dispatch

REI opens in Henrico
REI opens in Henrico

Outdoor enthusiasts have a new place to shop in western Henrico County with the opening of REI. REI, which stands for Recreational Equipment Inc., opened... Richmond Times-Dispatch

West Broad Village

A local investment group is taking control of West Broad Village in western Henrico County. This shows the status of tenants in most of the commercial... Richmond Times-Dispatch

Panel OKs bill to crack down on Internet cigarette sales

The U.S. Senate Judiciary Committee approved legislation that would crack down on Internet sales of tobacco products, which many public-health advocates... Richmond Times-Dispatch

$500 million settlement reached with associates of failed Henrico reinsurer

State insurance regulators have negotiated a $500 million-plus settlement with associates of a failed Henrico County reinsurer, according to legal filings... Richmond Times-Dispatch

Disney unveils its newest princess

ORLANDO, Fla. The Walt Disney Co.‘s newest princess doesn’t arrive in movie theaters for another month, but she is already easy to find at... Richmond Times-Dispatch

SCC seeks to suspend N.C. Mutual’s license in Va.

Virginia regulators want to suspend the nation’s oldest black-owned insurer from doing business in Virginia, saying its finances are in hazardous... Richmond Times-Dispatch

Business Briefs

Hill Phoenix Inc., a Georgia-based designer and manufacturer of commercial refrigerated food display cases and application systems, will expand its presence... Richmond Times-Dispatch

Nonprofit, Realtors to create Va. housing-costs index

Housing Virginia, a statewide nonprofit dedicated to affordable housing, and the Virginia Association of Realtors will produce a quarterly housing-affordability... Richmond Times-Dispatch

Wall Street recap

Stocks fall a third day as dollar strengthens NEW YORK Investors can’t shake their fears that the economy isn’t keeping up with the stock market.... Richmond Times-Dispatch

The Nation’s Housing column by Kenneth Harney

In the wake of an independent actuarial study that found the FHA’s insurance fund reserves far below the congressionally mandated minimum, the agency... Richmond Times-Dispatch


November 20, 2009

Hundreds line up for REI opening

Several hundred people waited in line this morning for the grand opening of outdoor equipment retailer REI in Henrico County’s West Broad Village.... Richmond Times-Dispatch

Virginia’s jobless rate falls in October from September
Virginia’s jobless rate falls in October from September

Virginia’s unemployment rate, while higher than last year, remains far lower than the national average and bucked the national trend, which saw a... Richmond Times-Dispatch

Thanksgiving weekend travel in Va. expected to increase
Thanksgiving weekend travel in Va. expected to increase

The number of Virginians traveling by car, bus, train or airplane during the Thanksgiving holiday weekend is expected to increase about 3 percent compared... Richmond Times-Dispatch

Stock futures point to modestly lower opening

Stocks are set to continue their slide as the dollar is strengthening, and after a week of mixed economic reports. Futures are modestly lower. Richmond Times-Dispatch

European markets push higher ahead of speech from EU central bank chief

European stock markets rose Friday despite a drop in Asia as investors recouped some of the previous day’s hefty losses ahead of a key speech from... Richmond Times-Dispatch

2010 Virginia AAA Five and Four Diamond Winners

2010 Virginia AAA Five and Four Diamond Winners Richmond Times-Dispatch

Richmond man’s death attributed to swine flu

A Richmond man’s death is the latest in Virginia from swine flu, bringing total deaths in the state from the illness to 27. “It indicates that... Richmond Times-Dispatch

Electronics retailer hhgregg open for business in Richmond
Electronics retailer hhgregg open for business in Richmond

The CEO of the appliance and consumer-electronics retailer believes the chain can make headway in an already competitive market. Richmond Times-Dispatch

Three local hotels, 2 restaurants awarded 4 Diamonds from AAA

Still in its first year of operation, The Westin hotel in Henrico County has won one of AAA’s prestigious Four Diamond Awards for superior service... Richmond Times-Dispatch

Virginia tax collections reflect struggling economy
Virginia tax collections reflect struggling economy

Virginians are taking home less pay, spending less in stores and still are getting hit on their investments, new state tax-collection statistics show.... Richmond Times-Dispatch

Va. transit board tightens rules for grant program

Since 1993, the state has put $270 million of its federal transportation money into 817 “enhancement grant” projects. Only 389 of those popular... Richmond Times-Dispatch

Business Briefs for Nov. 20

Richmond Times-Dispatch President and Publisher Thomas A. Silvestri has been elected chairman of the American Press Institute. The institute, based in... Richmond Times-Dispatch

Philip Morris ordered to pay $300 million to former smoker

A South Florida jury yesterday ordered Philip Morris USA to pay $300 million to a former smoker, agreeing that the tobacco company’s negligence was... Richmond Times-Dispatch

Employers surveyed on health-care plans

Workers afraid of layoffs didn’t rush to doctors’ offices this year to use their health-insurance benefits as some had predicted, according... Richmond Times-Dispatch

U.S. scores well in Genworth consumer poll

Genworth Financial Inc.‘s latest survey of consumers’ vulnerability found Americans are doing well, considering. Despite the recession, Americans... Richmond Times-Dispatch

Philip Morris sues N.Y., N.J. retailers

As part of a campaign against counterfeit cigarettes, Philip Morris USA is suing 10 retailers in New York and New Jersey alleging they’ve been selling... Richmond Times-Dispatch

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