News

The R&D Dept.: Local Patents for 8.3.11

Inventions from some interesting local companies this week including a company a call The Bill Police and Wealthcare Capital Management.

A shot of adrenaline for Intelliject

After seven years of development and regulatory wrangling, a Shockoe Slip-based drug device maker has moved a big step closer to getting its flagship product to market. But a huge obstacle still looms.

Using a green thumb to make greenbacks

Nina Zinn has cultivated a startup to help those lacking a green thumb, and after picking up 30 clients in a few months, she’s looking for some seed capital (no pun intended) to help grow the business.

The Herd: Hires, promotions and departures for 8.2.2011

A monster Herd this week with a new head of a major architecture firm and new board members at the Greater Richmond Partnership and the United Way. Plus moves in marketing, law and information technology. And a former bank CEO has left the industry for a job in education.

Local bank seized by regulators

Virginia Business Bank failed Friday and was seized and shut down by regulators, making it the third Virginia bank to fail since the recession began. Its assets were purchased by another local bank that’s gone on a buying spree lately.

Xenith Bank’s growth spurt

The Richmond-based bank began last week with about $288 million in assets. Then it went on a buying binge, closing two acquisitions Friday.

Q&A: Business owner breaks on a new life

Tegan Stephen, the owner of two shuttered Broad Street pool halls, talks to RBS about her decades in the business and her plans for life after owning bars.

A family recipe

A Glen Allen couple recently left their day jobs to try to their luck in the restaurant business.

A new niche for noodles

An artisan pasta business is making to make the jump from farmers markets to Main Street.