News

The Sight of Music

A Glen Allen engineer has designed a new set of speakers with a built-in spectrum analyzer aimed at computer-gaming males. “My goal was to merge the analyzer display with the fact that may target demographic – males ages 16 to 34 – spend more time on the PC than with TV,” said Link Parikh.

Look mom, no tank

A growing number of Richmonders are installing tankless water heaters to lower energy bills. “Once they started raising the price of electricity it became worth the investment,” said Ross Herring, a plumber who sells and installs the units for Marshall Mechanical. Within the last 8 months the plumbing company has installed 20-25 tankless water heaters,… Read more »

Short Pump grocers ready to fight fresh competition

Consider yourself warned, Whole Foods and Trader Joe’s. Two of Short Pump’s original higher end grocers are ready to fight to retain their upscale shoppers. Tom Leonard, who owns a farmer’s market on Brookriver Drive, behind Best Buy, may not have prime Broad Street frontage, but it doesn’t seem to affect his business. Just across… Read more »

If it ain’t broke, don’t touch it!

In 16 years of working on cars, Ronnie Bowen has never seen it so slow. Or seen so many motorists opt for the bare minimum to keep their cars on the roads. “The economy is so bad, people are not even doing preventative repairs. They’re fixing what has to be fixed so they can still… Read more »

Homebuilding activity plummets

Homebuilding activity has fallen 30% in the Richmond Metro Area compared to last year. According to Inside Business, a business news weekly in Hampton Roads, the slow-down is more pronounced in single-family housing, where permits for new homes fell from 4,490 through August of 2007, to 3,080 for the same period of 2008, or a… Read more »

Haynes Jeep is for sale

Haynes Jeep is for sale. As of 2:00 on Thursday, the dealership’s general manager, Richard Carter, and Owner Stuart Haynes were in meetings with Chrysler, according to a receptionist. One possible buyer might be Whitten Brothers. Check back later for a full story.

Business students wary of job market

Employers are cutting back on recruiting efforts, and that portends a rough hiring season for soon-to-be graduates. Mike Eisenman, director of the VCU’s Business and Engineering Career Center, said that at a job fair last week two employers canceled. About 40 firms participated in the fair.

Flying CEOs around still good business

Just saying it must be half the fun. “No, Samantha, book the company jet.” You know you’ve made it in business when even first-class doesn’t cut it. When you fly regularly but no longer have to shuffle through airport security, jam your laptop under the chair in front of you and scarf down a bag… Read more »

Scramble when the chips are down

This cuts at Qimonda come on the heels of other local layoff in Richmond’s manufacturing sector. Economic development agencies will likely tweak their marketing pitch for the fall season.