Both non profit hospitals in Richmond are still very much operating in the black, but large investment losses are dragging down their financial performance, and that could clog the pipeline for new buildings and potentially increase the cost of borrowing in the future. And both say more patients are postponing certain care and having more trouble paying.
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LINC Recognizes Outstanding Volunteers
At its annual Lunch In The Garden held at Lewis Ginter Botanical Garden on May 14, 2009, LINC recognized two local lawyers, one local law firm and an individual who provided exceptional volunteer support to the organization over the past year
Seminar to help guide business leaders during troubled times
Assura Consulting, a leader in the field of risk management, is bringing together industry leaders on June 9 to help provide tangible, useful information to get through this recession.
The leadership symposium kicks off with keynote speaker Patrick Gottschalk, Secretary of Commerce and Trade for the Commonwealth of Virginia.
Local universities keep builders building
Virginia Commonwealth University and the University of Richmond are spending $155 million on current projects, building dorms, stadiums and research centers. That’s been a blessing for some local construction firms.
Businesses seek tourniquet for health care costs
Insurance agents in Richmond who help businesses select plans say they are hearing from every one of their clients as the recession forces business owners to find savings.
Economic Experts to Discuss the Real Scoop on the Economy at Venture Forum
What impact will the current federal stimulus program have on the economy? Are there entrepreneurial opportunities in the stimulus? What can venture capitalists learn from the downturn, and look for in the recovery? Those questions, and others that look at the recession, possible recovery signals, and how the stimulus will affect short and long term… Read more »
Mixed-use development planned for Cary and Meadow
A mid-rise building for residential and retail use has been proposed for the northeast corner of Cary and Meadow streets in the Fan. A BP service station and coin laundry currently operate at the site, but West Cary Street Planning Committee chairman Ed Eck has produced a plan to build a three- to five-story residential… Read more »
Q&A: Local biz leaders on the economy
On Friday the VCU School of Business hosted an economic panel featuring Jeffrey M. Lacker, president of the Federal Reserve Bank of Richmond; Steven A. Markel, vice chairman of Markel Corporation; and John R. Nelson, executive vice president and chief technology officer of Altria Group. The panelists answered questions from students and fellow executives about… Read more »
Midlothian strip center sells for $7 million
Midlothian Center, on Wadsworth Drive in Chesterfield County, was purchased by a private investor for $7 million in cash. The seller was Allied Capital REIT, based in Washington.
Richmond Show recognizes best of local advertising
Martin Agency wins big, Madison + Main’s Dave Saunders named Ad Person of the Year.