News

The Herd for 3.24.10

Two doctors take new roles at a local nursing home while a local Fortune 500 hires a vice president from New York and one lawyer returns to the family practice after a stint in the alternative energy industry.

Can local biz cash in on food stamp surge?

Younger food stamp recipients don’t just buy Wonder bread, rice and beans. Instead, they use the vouchers to eat well, sometimes buying organic food and artisan cheeses. But even as the number of Richmonders using food stamps explodes, local grocers and specialty food retailers are not all lining up to join the program.

More than one way to build a house

Two longtime business partners started a firm to create a more dynamic marketplace by connecting homebuyers with custom-home builders. And they think it might just get residents looking at new homes again by eliminating some of complexity and mistrust from the process.

Foreclosures 3.23.09

Four properties had an original loan value of more than $400,000: two in Henrico County, and two in Chesterfield County.

Time for Europe

The struggling tourism industry might be rough on airlines and hoteliers, but it means phenomenal bargains for travelphiles. In a seasonal feature RBS has been running regularly, Martha Steger shares some of her favorite European destinations.

Monday Q&A: Who leaves Disneyland?

Ed Grier was the president of Disneyland resort in California. Now he’s settling in as the new dean of Virginia Commonwealth University’s business school.

A woman’s place in the start-up

Female entrepreneurs have a new networking and education option in Richmond. The Venture Forum, which promotes entrepreneurial activity, has spawned a group that will hold its first meeting today at the University of Richmond. Deborah Dowd, a lawyer at LeClair Ryan, organized the event to help women who want to start businesses learn exactly what… Read more »

CEO pay takes a hit

Pay is down for the head honchos at three big companies in town, but it’s still good to be the boss. The executives running three of Richmond’s top public companies – Dominion Resources Inc., The Brink’s Co., and Media General Inc. – each saw their overall compensation drop in 2009 as a result of the bruising recession, according to proxy statements filed by the companies this week with the SEC.

“Back to basics” say bankers

Local bankers know they’re not the most popular guys around town these days. But the banking model doesn’t work so well when real estate prices are fluctuating so wildly and major industries are falling by the wayside. There were two banking panels this week both centered around the topic of why banks seem tighter lending than this time two years ago. Both had a similar refrain.