Local investment banks are being flooded with résumés from MBA students and recent graduates. Boxwood Partners, a local middle-market investment bank, said the volume of résumés and applications has reached a new high. “We’re getting five a day, versus five a week last year,” said Pat Galleher, a managing partner at Boxwoods, of the applications,… Read more »
Uncategorized
Recession-themed ad: Sound Investment
While we found advertisements that play off of the economic hype are slow to catch on at the local level, one example was brought to our attention today. Richmond Piano has been running an ad on WCVE Public Radio for about a month that advises listeners: “make a sound investment: play the piano.” “We’ve been… Read more »
The recession special
Local advertisers, it seems, don’t want to remind us of the lousy economy. But national advertisers are rolling out more and more ads that address the country’s current economic situation, sometimes opting for a humorous tack. A Denny’s ad asks “Who’s gonna bail you out?” to advertise a $4 breakfast special. Crate & Barrel magazine… Read more »
Humus maker to open plant in Chesterfield in 2010, hire 260
You know that delicious Sabra garlic humus they sell at Kroger and Ukrop’s? It’ll be made in Chesterfield starting in 2010, according to a press release issued by the state of Virginia. (Does that mean Richmond will get the freshest humus?) The Sabra Dipping Company will eventually employ 260 workers at the Chesterfield facility, according… Read more »
Richmond PC maker humming along
While computer makers like Dell and Hewlett Packard are slashing prices as they brace for a drop in demand, Richmond-based Velocity Micro, which produces high-end custom PCs, says things are holding steady. The Chesterfield company’s PCs are favored by gamers. “Obviously we are seeing a little bit of a downturn in sales, but we aren’t… Read more »
Why does Salem, Va have the best run baseball team in VA?
The model minor league baseball operation – everything from the front-office to the fan base, to the public/private collaboration – is about three hours away. Salem, for those of you who are not minor league baseball fanatics, is home to the Class A Avalanche. The team doesn’t have a great record or produce any more… Read more »
VCU and UVA presidents make more than the median for a prez
It’s good to be the King. Or the president of a public university. The median salary for a public university president rose to $427,400 according to a recently-completed survey by the Chronicle of Higher Education. You can read the Bloomberg story here. UVA’s President John Casteen was the fourth highest paid president of a public… Read more »
Bargain Bin Paradise
It’s Christmas in November for bargain lovers. Although the price of stocks continues to slide, so does the price of socks. For business professionals who are stably employed or really anyone who need to freshen their looks, it’s a great time to stock up on clothes as retailers try to unload excess inventory at huge… Read more »
MBA grads face fierce job market
Professionals are flocking to graduate business schools across the country, hoping to shore up their credentials and sharpen their competitive edge. BizSense previously reported on the increased interest at local area MBA programs. C and University of Richmond have experienced a swell of interest for their programs, paralleling the surge occurring nationwide.
Kaine says energy and environmental changes coming
The horizon is green in Virginia. In opening remarks at a conference on technology and sustainability, Gov. Tim Kaine said the last year of his administration would focus on energy and environmental issues. “Whether it’s green state government or whether it’s big-picture legislative initiatives with respect to land use, public transportation, open space preservation, water… Read more »