Despite our best efforts to identify and exterminate the worst offenders, cliches and jargon just keep coming back. And with greater immunity to our only antidote: public shame. We have a few more we’d like to submit for retirement.
CarMax’s chief executive sells stock options for a cool $2 million profit, and Dominion gets a new revolving line of credit.
Richmond’s Commercial Area Revitalization Effort, or CARE program, has become an alternative source of lending for small businesses that couldn’t get small loans elsewhere.
You know the name. Chances are, you shopped at the store. Now you can read the book.
RBS has started a new data section of patents issued to local inventors. Many of them are technical. For example this week, a handful of inventors were issued a patent for a cabinet storage bin that has a lifting mechanism. Also, Philip Morris has a new patent for an aromatic pocket tear tape for a cigarette pack.
New hires in banking, IT and insurance.
The city is finally getting another shot at having a homegrown bagel shop.
The success of the so-called Small Business Lending Fund hinges on two main factors: whether there is enough demand for small business loans from qualified borrowers to warrant banks’ participation and whether community banks still have a bad taste in their mouths from the last time they took money from the government.
Credit card companies are coming after Justin French. Plus a women slipped and fell on her way to the cash register at Food Lion, and a construction firms try to collect late bills.
New shops are popping up left and right in Richmond’s burgeoning arts district, including record, book and toy stores.