House panel summons Circuit City officials (Times-Dispatch) Officials with Circuit City Stores Inc. have been asked to testify before a congressional subcommittee Tuesday to discuss what happened during its bankruptcy case. Trial date set for computer-seller accused of fraud (Virginian-Pilot) FAI and its founder, George Christian, will face trial on charges that they misled customers… Read more »
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Willow Lawn hotel site ripe for revitalization
BizSense has been looking into the future plans for the site at 5215 W. Broad St. for a month, but so far the owner hasn’t been interested in coming forward and divulging his plans. Hourigan Construction has been doing work at the hotel building, which was operated most recently Inns of Virginia hotel. It has been… Read more »
Light shines on DIY solar startup
It’s Mark Smith’s time to bask in the sunshine. Smith, a Boston native, left his job as an engineer at Qimonda in 2004. In 2006, he started Sun Smith Solar, a Richmond-based company that builds and sells photovoltaic solar panels. The first two years were dedicated to research and design; last year, the company started… Read more »
NewsFeeds 2.25.09
Martin Agency lays off 24 (Times-Dispatch) The Martin Agency laid off 24 employees yesterday after the spending projections by clients indicated the agency was overstaffed for the workload. The cuts represents 5 percent of the work force. Circuit City seeks incentives for executives, others on wind-down team (Virginian-Pilot) Circuit City is asking a bankruptcy judge… Read more »
The puck stops here for Richmond hockey
Allan Harvie Jr., general manager of the Richmond Renegades hockey team, announced Tuesday that he would apply for a one-year suspension of the team if a new investor could not be found by summer. “Between buying gas or buying health care or buying a ticket to an event — whether it is hockey or anything… Read more »
How about a little discount?
Even the marble-encrusted board rooms of Richmond can resemble the flea market these days. Consumers and businesses are haggling for better prices or discounted second or third items, according to a series of Richmond BizSense interviews conducted over the past several weeks. Business owners and managers say it’s a dangerous game, because shoppers will expect… Read more »
Mental health services receive $1 million grant
Eye on the General Assembly: Residents suffering from mental illness will soon have expanded access to health care thanks to a $1 million challenge grant awarded to the Virginia Health Care Foundation.
NewsFeeds 2.24.09
West Broad Village developers shocked at utility bill (Henrico Citizen) Great reporting and a must-read. A financial dispute between the developer of West Broad Village and Henrico County is threatening to delay the completion of the project. At issue is the cost of connecting water and sewer service to the project’s 14 buildings. Officials from… Read more »
Wachovia Securities to get new name
First Wachovia Securities departs Richmond. Now the firm is doing away with its name all together. According to the Jacksonville Business Journal, Wachovia Securities will be renamed Wells Fargo Advisors in May.
RBS on Google News
Finally. After 6 months of rejection, our stories now go out on Google News. It’s a great boost for RBS. For starters, it makes us much more legit. Our stories now have the same web credibility as anything from the Times-Dispatch or the Wall Street Journal. And it means we get a ton more hits…. Read more »