Michael Schwartz

Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.

Financial firm pushes south

Michael White

Virginia Asset Management’s absorption of another firm will give the Midlothian company a foothold in two new markets.

Trading Day: Inside local SEC filings for 12.13.12

tradingday211

A new director at a Richmond Fortune 500 company. A ton of stock options and stock sales by local insiders this week. And a local firm continued to sell off its shares of the area’s largest bank.

After long slog, bank has cause to celebrate

Essex Bank branch

A Glen Allen bank has gotten a monkey off its back, becoming the first local financial institution to work its way out of a written agreement with regulators.

Genworth gets a new general

Thomas McInerney

Genworth Financial on Tuesday named Thomas McInerney as its president and chief executive. He’ll take the helm of the West End mortgage insurance and financial firm Jan. 1.

Hooters owner fires back in legal battle

The Hooters at 7912 W. Broad St.

Cornett Hospitality asserts that one of its landlords and lenders should not be able to evict it from five of its restaurant properties, including two local Hooters locations and a Topeka’s Steakhouse in the West End.

Richmond firm to cut 90 jobs in Florida

Bostwick Laboratories, headquartered in Innsbrook, will lay off employees at its lab in Orlando, according to a report in the Orlando Sentinel.

The curious case of the missing golf carts

The area at Jordan Point where the golf carts are stored.

Golf carts have been mysteriously disappearing, in bulk, from country clubs, golf courses and dealerships across Central Virginia.

Property owners find tractable solution

highlands

In a bid to resolve a dispute with lenders, the owners of a giant piece of land in Chesterfield County have taken to the trees.