AA team may be coming (Times-Dispatch)
A Richmond group hopes to buy a franchise that belongs to the Class AA Eastern League, the Connecticut Defenders, and move it to Richmond, according to sources familiar with the situation.
Shenandoah Life Insurance is now under state control (Roanoke Times)
Virginia regulators took control Thursday of Shenandoah Life Insurance Inc. in Roanoke, saying they intervened to protect policyholders and creditors in the wake of stock losses and a failed merger that left the 95-year-old company in precarious financial condition.
In consolidation, USAA to move half of Norfolk work force (Virginian-Pilot)
USAA, which has operated a large regional office in Norfolk for almost 20 years, said Thursday that it will move parts of the operation to facilities elsewhere in the country and cut its local work force of 850 by more than half.
Wal-Mart an Innovator (Washington Post)
Once vilified for its stingy health benefits, the world’s largest company has become an unlikely leader in the effort to provide affordable care without bankrupting employers, their workers or taxpayers in the process. From its headquarters in Bentonville, Ark., the retailer is doing in the real world what many in Washington are only beginning to talk about.
Love in the time of recession
The average price of a wedding has dropped nearly $6,000 as brides scale back. That’s grim news for companies that cater to the industry. This was a trend that was bound to die.
Find Your Perfect (Business) Match (Entrepreneur)
Lonely singles have online matchmaking help, and so do entrepreneurs. Whether they’re looking for a location, partner or funding, there’s a website to hook them up.
The weekly wind-down: FDA Approves Depressant Drug For The Annoyingly Cheerful (The Onion)
Very funny satirical video that explains the “first ever prescription depressant”. Signs, using the phrase “cool beans”
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