Nothing goes better with breakfast than a hearty economic forecast.
Coffee, danish, economics
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.
Yes, Virginia, there will be a State Fair
The State Fair of Virginia was sold Tuesday at a foreclosure auction for $5.67 million.
The R&D Dept.: Local patents for 5.23.12
Patents this week for Tredegar, Philip Morris and a man in Chester trying to patent something called the “God First Flag.”
Curtains up for theater nonprofit
The Barksdale Theatre and Theatre IV struck a deal last week to merge and become the Virginia Repertory Theatre.
Union First closes 4 branches
Outposts of the bank in Charlottesville, Fredericksburg, Port Royal and Mechanicsville have been shuttered.
One hurdle crossed
Center of the Universe Brewing Company has found a 12,000-square-foot home in Ashland.
Legal volley alleges underhanded service
A local volleyball club says one of its directors was using the company’s money as his personal piggy bank.
Surprise switch at Scott and Stringfellow
There’s been a quiet changing of the guard at one of Richmond’s oldest investment firms.
Parting is such sweet severance
Two weeks after Michael Fraizer’s abrupt resignation as chief executive of Genworth Financial, the company announced the details of his separation agreement.
DealFlow: M&A roundup for 5.17.12
Two local wine distributors work a deal, a local baby-stroller maker recapitalizes, and a busy month for Harris Williams. Plus deals from Marriott & Co., Transact AOCP, Cary Street Partners, Dominion Partners and more.