Lots of businesses trying to collect alleged unpaid bills and unpaid loans this week, plus an eminent domain fight in the City of Richmond and a woman says she slipped and fell on produce at a grocery store. Maybe it was a banana? And a retail clerk wants $4 million from her former employer whom she claims told other workers and customers that she stole and embezzled.
News
Local firm lands BP claims work
At least a small chunk of the billions of dollars BP has set aside to pay claims for the gulf oil spill will make its way to Richmond.
Smells like a winner
A year after winning a University of Richmond business plan contest, two recent grads are now ready to start selling their first batch of products.
Guest Opinion: Use the oil spill to examine the issues
What if there is no real consensus that CO2 causes warming, or what if the consensus is based on bad data, unsound science, or both? Who will make the case for sanity and the scientific method?
The Pipeline: Commercial Real Estate Round Up for 6.25.10
Kroger sold aretail building in Chester to the C.F. Sauer Company for $2.39 million. The 55,552-square-foot building was operated by Kroger until 2007 when it relocated the store to a different shopping center. Plus, Sunrise Construction has leased 20,000 sq.ft. at 3031 Transport Street in Richmond and Riddick Advertising has leased 2,300 sq.ft. in the Banks Brothers Building located at 4461 Cox Road in Henrico.
Homearama comes back to Richmond
After a 16-year hiatus, a new home extravaganza meant to entice buyers is back in town.
Way beyond ‘paper or plastic?’
More than 150 future Kroger employees are at the grocer’s training center on Staples Mill. In July, they will work at the new 86,000-square-foot store at the Corner at Short Pump, which is part of the company’s plan to expand in Richmond.
Inside the SEC filings of publicly traded companies
CarMax stock jumps 9 percent on solid quarterly earnings, and executives at other publicly traded companies across town exercise stock options. And one bank director sold stock for $0.01 a share. Plus Genworth sells bonds at 8 percent.
Local bank looks to raise $15M
Central Virginia Bankshares said Friday that it wants to raise up to $15 million to replenish its depleted capital reserves. But the bank will likely not be making many new loans until it is in better financial shape, the company said in an SEC filing.
Put your money where your mouth is
An Innsbrook diner is still serving milkshakes, cheeseburgers, pancakes and other classic American dishes, but the ingredients have changed. And the chain’s owners hope that patrons will pay a bit more for the dishes knowing that many of the ingredients came from Virginia.