Admiral Americas, the U.S. arm of Welsh-based Admiral Insurance, has picked a new name.
Al Harris
Falling fares driving more traffic at RIC
The average fare out of RIC dropped $60 in the first quarter, and the airport just registered its best month of 2009.
State regulators put yoga teachers in a twist
The State Council of Higher Education wants to regulate the training of yoga teachers and impose a $2,500 fee to certify instructors.
Union Hill reopens for business
A recent zoning change is giving the Union Hill neighborhood, a breakaway section of Church Hill, a new lease on life by reducing bureaucracy and making it easier for businesses to comply with zoning regulations.
Monday Q&A: The new bank on the block
It’s no fun to be a banker right now. Businesses are complaining about their loans or credit lines, and the government is getting more and more active in regulation. But an out-of-state bank thinks there is room for another in Richmond. This week, BizSense chats with Hugh Newton, the regional president of M&T Bank.
Texas Instruments offers $172.5 million for Qimonda equipment
Texas Instruments wants to buy the chip manufacturing equipment from the shuddered Qimonda plant in Eastern Henrico for $172.5 million.
Sheraton owners defaulted on $29.5M loan, other loans going sour
Lenders are beginning to take back more delinquent properties as the number of bad loans around town accelerates, including the Sheraton Richmond West hotel on Broad Street.
The Pipeline: Commercial Real Estate Round Up for 8.21.09
Life is Good, a clothing store, leased 1,600 square feet in the Short Pump Station shopping center at 11331 W. Broad St. in Henrico. Dutton & Associates LLC , an architectural consultanting firm leased 2,200 square feet at 812 Moorefield Park Drive in Chesterfield.
Union Bank & Trust closes branch in Short Pump
Union Bank & Trust, based in Bowling Green but in the process of buying First Market Bank, recently closed the doors of its Pouncey Tract Road location.
Next stop, Circuit City station
While some of Richmond’s former Circuit City stores are becoming new locations for hhgregg, one of the bygone retailer’s big box stores in Virginia Beach might one day become a commuter rail station. Last week, Virginia Beach City Council voted to purchase the empty store at 110 South Independence Blvd. for $5 million. The building… Read more »