Cushing Manufacturing & Equipment Co. seeks Chapter 11 bankruptcy protection.
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.
Trading Day: Inside the SEC filings for 1.26.12
Some companies are dishing out big-dollar bonuses to local executives, plus one CEO cashes out on millions in stock options.
Local woman takes a shot at her dream
Joyce Patterson is the new owner of the Richmond Elite, which is two months into its inaugural season in the resurrected American Basketball Association.
Richmond developers bet big on small town
A local investment group that includes some longtime Richmond developers is planning a $28 million hotel project in Staunton, and the project is named after one of Virginia’s early architects.
Rental agency has unusual pattern of complaints
A Richmond company that helps its clients rent luxury villas around the world has found itself in a coast-to-coast legal battle with a television and Broadway producer.
Roseland gets down to the nitty-gritty
The developer and lenders of a bankrupt 1,300-acre Midlothian development are headed into mediation.
CarMax to add almost 1,000 jobs
The used car retailer is looking to fill positions across the country.
Apple Door employees buy firm
“It was time for me to move on and turn the reigns over to younger folks with fresh ideas,” said Owner Dan Apple, 56. “Like an old ball player – if you hang around too long you start embarrassing yourself.”
A $9.8 million ace in the hole
A Northern Virginia investor wants to buy a chunk of a local bank and give it a shot of fresh cash.
A battle on two fronts
Amid an anticipated skirmish over the required publication of government notices, another revenue source for the state’s newspaper industry is under attack.