Virginia Beach hoteliers push for video poker (The Virginian-Pilot)
Virginia Beach’s innkeepers think they have an answer to the resort city’s winter doldrums: video poker.
Fredericksburg setting rules for ‘McMansions’ (Freelance Star)
Fredericksburg will try to keep McMansions from sprouting up in the city’s established neighborhoods with amendments to its zoning ordinance.
Former Va. attorney charged with fraud and identity theft (Virginia Lawyers Weekly)
Former Richmond lawyer Bradley Wein has been arrested on criminal charges that he raided funds of an elderly client, buying coins and other items for his personal use.
Richmond Ponzi operator sentenced to eight years (Times-Dispatch)
A 62-year-old Richmond man who ran a Ponzi scheme that scammed investors out of nearly $9 million was sentenced Tuesday to serve eight years and one month in prison.
Icahn’s Activism Lifts Some Stocks, but Others Plunge (DealBook)
Carl C. Icahn’s unsolicited bid to buy Clorox has rekindled the long-running debate about whether investors benefit from his presence.
Small towns could be hit hard by Delta cutbacks (CNN)
Facing mounting cost pressures, including the cost of fuel and losing some $14 million a year, the airline plans to cut flights to small cities that are not profitable for it anymore.
Lockheed Martin offers buyouts to 6,500 employees (Washington Post)
Bethesda-based Lockheed Martin said Tuesday that it is offering a voluntary layoff program for about 6,500 U.S.-based employees, the latest in a string of recent moves to cut jobs at the company.
Five Businesses Born at a Bar (Entrpreneur.com)
The back-of-the-napkin business plan is not just a myth. Here are just a few examples of business ideas that took shape over drinks.