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.

Bank bids on its own TARP shares

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Another bank with local ties has taken advantage of an unexpected chance to buy its way out of TARP on the cheap.

Gammino responds to suit

3031 Norfolk Street

Facing a $14 million lawsuit from a Norfolk bank for his work on two Justin French projects, the local developer argues that the case should be thrown out.

Bank eyes crowded field

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Citizens Bank & Trust, headquartered in Blackstone, about 60 miles southwest of Richmond, is in the early stages of an application for a new branch in Chester.

Extra, extra! Space, that is.

times dispatch

The Richmond Times-Dispatch is looking beyond the news business to fill unused space in its downtown headquarters.

SportsQuest files for bankruptcy

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All that remains of the dream that was SportsQuest is $800 cash, a Dell computer, two printers, a fax machine, a calculator and a multimillion-dollar pile of debt.

Media General announces cuts

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The downtown-based company that until recently was the parent of the Richmond Times-Dispatch announces layoffs as it reinvents itself as a TV-centric media firm.

The R&D Dept.: Local patents for 8.1.12

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A man in Richmond is looking to patent a bookshelf. Plus new innovations coming down the pike at Afton Chemical, Philip Morris and more.

A new view for Cortview

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Just two years after putting down roots in Richmond, one of the area’s newest financial firms has struck a deal that will move its headquarters northward.

Doswell company up for grabs

Almost 18 months after its bankruptcy filing, a local concrete manufacturer’s assets are headed to the auction block.