VDOT to be audited

Gov. Bob McDonnell announces a series of private and public audits of the Virginia Department of Transportation aimed at improving performance and efficiency, and one local firm will handle some of the work.

Foreclosures 4.20.10

A $2 million house in a Matoaca subdivision is scheduled to be auctioned off.

Course glut is good for golfers

Private golf clubs across Richmond are rolling out the red carpet for new members, lowering or eliminating initiation fees and discounting food at the clubhouse. Plus, one of the only courses with caddies pays down its debt.

Monday Q&A: Surveying the economic landscape

“It is a boatload easier [to start a company] when your firm closes its office and still wants to work with you and when they terminate their contracts and tell the clients to work with us,” says a local engineer who started his own shop this month.

A raise? Fat chance.

Fifty percent of Richmond companies are planning on giving raises in 2010, according to a study by the Titan Group, a Richmond HR consultancy.

MRI chain files for bankruptcy

A Richmond-based chain of MRI clinics has filed for Chapter 11 bankruptcy protection after a company that financed its machines started garnishing money from its bank accounts.

Guest Opinion: Just like coach drew it up

Bill Farrar has taken an interest in how our new baseball team has gone about its business, and in this week’s Guest Opinion he explains how it has thrived where others failed.

Trash-to-electricity project starting in Henrico

“We are going to take that energy currently being wasted and transform that into renewable electric power to put on the local grid,” said Alan Petersen, the VP of development for a Henrico-based power company.

The Pipeline: Commercial Real Estate Round Up for 4.16.10

Acosta Sales and Marketing Company leased 11,300 square feet in Henrico. GTAT Enterprises Inc. leased 3,810 square feet on Alverser Drive in Chesterfield and Advanced Auto leased a new location on W. Broad St.

Do the Fortune 500 shuffle

Five of the six local companies that made this year’s list moved up in the rankings from last year.