A serial entrepreneur is at it again, trying to raise half a million dollars after coming up with an idea while renovating a house on Monument Ave.
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.
SBA spigot increases flow
SBA loans are regaining popularity, but loan volume is still well off pre-recession levels.
Tenants filling up Williams Mullen building
Richmond’s newest skyscraper is almost full after adding three new tenants.
Trading Day: Inside SEC filings for 11.18.10
Security company Brink’s is pulling it’s cash-handling division out of Belgium, where it was carrying money but not making money. Plus a president at CarMax cashed in options for a profit of more than $800,000 and a vice chairman at Markel sells $3 million in stock.
Benvenuto a Richmond, Fiat
Two local car dealers — Whitten Brothers and Pearson — were awarded Fiat franchises yesterday. They are among a group of 130 chosen to be the first to sell the Italian cars in the U.S. Fiats were last sold in the U.S. in the early 1980s.
Firm wants AIG to pay up
Suing the giant probably takes some gumption, but Richmond-based Scott & Stringfellow wants its day in court.
It pays to be the head Spider
The average total compensation paid to the presidents of private universities and colleges in Virginia during fiscal 2008-09 was $360,781, according to a report released Monday by the Chronicle of Higher Education. The head of UR made double that.
Monday Q&A: A beer pong business? Have you been drinking?
Some of the best business ideas are hatched over a few beers.
Biotech firm becomes a shell of its former self — on purpose
Commonwealth Biotechnologies has asked shareholders to approve deals to sell off its former headquarters facility and its Australian subsidiary, which is its main source of business.
Local bank opens branch in NoVa
Xenith Bank has received approval to open a full-fledged branch in Northern Virginia.