Economic downturns can be boom times for prostitutes, according to an economist who has studied the oldest profession for decades.
Genworth Financial Inc. is considering a spinoff of its U.S. mortgage insurance business amid the housing slump. The stock jumped 22 percent in early trading. You can read the story here.
A light rain didn’t put a damper on turnout for the highly-anticipated opening of the new Trader Joe’s store in the Short Pump Station shopping center. The colorful, Hawaiian-themed store opened Friday morning to a huge crowd. During our visit around 10:00 a.m. Friday, the checkout lines were backed up well into the aisles.
Imagine an army of personal secretaries, assigned by you to monitor news feeds, blogs, and even shopping networks for specific keywords. That’s the idea behind Yotify. The website allows you to create “scouts” that comb through everything from YouTube to eBay, from popular news services like the Wall Street Journal, USA Today and Reuters to… Read more »
Doswell Hospitality LLC delivered the first of three hotels, called the Days Inn at Kings Dominion, in June. Doswell Hospitality sold the property to Sumtinath LLC for $3.2 million. Located at 16220 International St., the Days Inn is a three-story hotel that offers 50 rooms. The other two hotels are currently under construction. Doswell Hospitality… Read more »
It used to be that you were considered different and rebellious (and maybe even dangerous) if you had a tattoo. You likely rode a Harley or in a drunken stupor let some friend with a needle leave an “I ? Mom” or an anchor on your bicep. Now, they’re as trendy as big hair in… Read more »
When it rains, it pours. We got more emails on Wednesday than any other day in our brief history. A quick overview: On Wednesday ran a story that said around half of the balconies in the two downtown condo towers – Vistas on the James and Riverside on the James – have no patio furniture…. Read more »
Richmond has few recruiters who place CEOs of Schoonover’s pay level, and his skills would make him more of a national candidate. Forgetting for a moment that former Circuit City CEO Philip Schoonover might have sold his Goochland home (BizSense has not confirmed it yet), one local recruiter says local companies will be hard-pressed to… Read more »
The two riverfront condo towers are around 50% occupied, according to a BizSense count. Note: After we published this story, Jack Berry, Executive Director for Venture Richmond, got in touch with us to give us some hard numbers. There are no unsold units at Riverside, and 10 unsold units at Vistas. We would like to… Read more »
Banks, like humans, fear the unknown. If they can’t assess the value of an asset, say a 10-acre piece of dirt in Henrico County, they don’t want to touch it with a 10-foot pole. And if they don’t trust each other, they won’t lend overnight, which is part of the grease that keeps the financial… Read more »