The Gwinnett Braves, formerly known as the Richmond Braves, have played their first game at their new digs in the suburbs of Georgia. While the team may be happy with their new home, an editorial in the Atlanta Journal-Constitution suggests that taxpayers may have gotten the short end of the baseball bat. According to the… Read more »
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NewsFeeds 4.27.09
CarMax CEO gets comp of $2.96M in fiscal 2009 (Merced Sun-Star) Tom Folliard, CEO of Carmax, recieved a compensation package worth more than $2.96 million. That is up five percent from last year, and most of the compensation is from the value of stock and option awards. Virginia losing farmland at fast pace (Times Dispatch)… Read more »
Ellwood Thomson’s D.C. expansion put on hold
Natural grocery store Ellwood Thompson’s announced Friday that plans to open a store in Washington have been put on hold indefinitely.
Monday Q&A: Looking for work is a full-time job
When Collins Denny held the first meeting of the Virginia Career Network in November, two people showed up. Now the group has more than 1,000 members registered between Meetup.com and Linkedin.com. The Virginia Career Network, founded by Denny, a manager at the local information technology firm Leading Edge Systems, and Deborah Gallant of Convergent Technology… Read more »
Another homebuilder offers job guarantee
Another Richmond homebuilder has incorporated a guarantee for laid-off buyers into the marketing pitch. Several weeks ago, BizSense reported LINK that the programs, which started earlier this year with the car manufacturer Hyundai, are spreading into the home-building industry. “We understand there are layoffs out there,” said Kevin McNulty, the president of Lifestyle Builders. “We… Read more »
Setting the business news agenda
Our story about vacancy at Richmond malls found its way on to NBC 12 news last night. You can watch it here.
Guest Opinion: 6 reasons it’s a good time to sell a business – and why you shouldn’t care
There are two important concerns to think about: maximizing the return on your capital and meeting your personal needs.
NewsFeeds 4.24.09
Doubling the size of Fort Lee by 2013 (Times-Dispatch) Total BRAC construction investment is expected to be $1.2 billion. The post’s daily population is expected to reach more than 35,500 by 2011, when most of the growth will occur. In 2005, the daily base population was 18,800. CVS plans large push into Hampton Roads (Virginian-Pilot)… Read more »
Media General board keeps its seats, but there’s a surprise
The Associated Press reported today that Media General shareholders have reelected the board members and added one: Scott Anthony, an industry consultant.
Law firm layoff rumors run rampant, but bark worse than bite
Like a classic urban myth, few lawyers in Richmond know personally an associate or partner who’s lost a job, but seemingly everyone knows someone who knows someone who’s gotten laid off.