Bernie Katz, Robert White and Michael Bucci have something in common. They all own small businesses and have had difficult experiences with bank financing. That prompted them to show up for a Wednesday morning meeting to help small businesses survive the economic downturn. They were among about 60 small-business owners at the meeting at the… Read more »
Andy Taylor
Restaurants forced to chomp away at prices
Five is the magic number. First it was the $5 footlong at Subway. Now T.G.I. Friday’s is going on the offensive with its own $5 meal. Starting Monday, Friday’s will offer all salads and sandwiches for $5 during the month of May. These days, restaurants are using cheaper prices as a tool to take a… Read more »
Pontiac’s demise hits area dealerships
Richmond area Pontiac dealers are trying to figure out what the discontinuation of the once popular auto will do to their businesses. General Motors said Monday that it will stop making Pontiacs by 2010. This was part of the company’s reorganization plan to receive government assistance, which also includes the elimination of 21,000 jobs by the auto maker.