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.

Southern Title’s future uncertain

The local title company entangled in an embezzlement investigation is now under the control of the State Corporation Commission.

Trading Day: Inside the SEC filings for 12.22.2011

An executive at one of Richmond’s biggest companies is retiring, and her successor will get a bump in pay. Plus two local executives are awarded huge stock options, and CarMax is back on the road looking for new locations.

The R&D Dept.: Local Patents for 12.21.11

A patent for an electric can opener this week. Plus, some highly technical patents from local inventors working for IBM, Sony, Honeywell and others.

Rug business cleans up

A local developer and a Northern Virginia rug cleaning company purchases the business interests and commercial real estate of a prominent bankrupt Richmond couple at auction. And already one developer is planning to put in apartments in Oregon Hill.

Richmond lags in economic recovery

There hasn’t been enough growth here to offset the blow of losing major employers such as Qimonda, Circuit City and LandAmerica.

A foxy investment

A high-end residential development in Chesterfield is getting a shot in the arm from a local private equity fund that is bullish on local real estate.

Anderson Strudwick winds down

An Alabama brokerage closed Monday on its purchase of one of the last Richmond-based brokerage houses.