AMF Bowling Worldwide’s most recent bankruptcy filing comes as the company faces hundreds of millions of dollars in debt and an economy in which most people’s discretionary budgets – for such leisurely activities as bowling – aren’t what they once were.
Michael Schwartz
AMF Bowling files for bankruptcy
Mechanicsville-based AMF Bowling Worldwide, one of the world’s largest bowling alley operators, filed Tuesday for Chapter 11 bankruptcy protection in an attempt to restructure its “burdensome debt load.”
DuPont to cut more than 60 Richmond jobs
The industrial giant’s Spruance Plant churns out Kevlar, but that wasn’t enough to protect its workers.
CarLotz takes a road trip
The local car consignment startup is taking a trip down Interstate 64 to open its third location.
Clock starts on Hank Wilton’s shares
If you’ve got some extra capital and a hankering to own part of a prominent local real estate development company, you might want to take a look at the auction block.
A trip to the Center of the Universe
A peek inside Richmond’s newest brewery.
Software firms bury the hatchet
Downtown-based Wealthcare Capital Management said Thursday that it had settled its lawsuit with Powhatan competitor PIEtech and banking giant UBS Financial in a patent infringement case that questioned the definition of the act of financial planning.
How a relationship went off the rails
Buck Ward and John Moulton forged a friendship and a business partnership while working together on Segway tour businesses in Richmond and Fredericksburg and on the Richmond Trolley Company. Two years later, they’ve reached the end of the line.
Trading Day: Inside local SEC filings for 11.8.12
A local company sold a chunk of its holdings in its Richmond’s largest bank. A powerful shareholder with ties to Disney is urging a local firm to put itself up for sale. A director is leaving his post. And several insiders sell off millions worth shares.
The R&D Dept.: Local patents for 11.7.12
Patents this week from MeadWestvaco, Afton Chemical, Dupont and Phillip Morris. And a local family patents a handicap accessible portable shower.