Thirteen out of the top 40 highest paid executives of publicly traded companies are based in Richmond, according to the most recent issue of Virginia Business magazine. The following figures are total annual compensation and only for companies with at least $1 billion in revenue: Louis Camilleri of Altria: $24 million Thomas Farrell, Dominion Resources:… Read more »
CarMax is giving away a $250 gas card every week for eight weeks to people who review cars at CarMax.com. Spokesman Chris Wilmore said the reviews are a valuable resource to web users, and so CarMax is putting a little cash on the line to help get the website’s users interacting. BizSense reported earlier in… Read more »
Goochland-based CarMax announced Wednesday it is laying of 600 service workers at dealerships and reconditioning shops all over the map. Fifteen workers in Richmond will be laid off, according to a company spokesperson. The company employs 1,150 workers at the Goochland headquarters and two local dealerships.
An upcoming event that selects some of the most promising startups and new companies in Central Virginia has released a list of nominees. The Greater Richmond Companies to Watch event is October 29 at Toad’s Place.
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 »