Search Results for: the pitch

NewsFeeds 6.16.09

LandAmerica seeks probe of banks (Times-Dispatch) Attorneys for the bankrupt Henrico County-based company have asked to hire a New York law firm to investigate and pursue claims that the company was misled when investing in auction-rate securities. A hearing on the request is scheduled Thursday in U.S. Bankruptcy Court in Richmond. LandAmerica says the securities… Read more »

NewsFeeds 6.3.09

Neighbors in Waiting (Style Weekly) Another thought-provoking businsess article from Peter Galuszka. The country’s real estate meltdown hasn’t just sparked a recession — it may have ended modern-day suburbia. Financing has tightened so much that buyers find they no longer qualify for the jumbo loans that they did just a few years ago. Developers can’t… Read more »

NewsFeeds 5.27.09

Nolan Ryan’s business looking into Richmond baseball (Times-Dispatch) Hall of Fame pitcher Nolan Ryan’s Texas-based baseball business is sending representatives to Richmond this week to investigate possible ownership of the Eastern League franchise that is to move here next season. How to sell an eyesore (Virginia Gazette) A long-vacant gas station and a blighted bank… 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 »

UR startup shuts down, for now

The runner-up in a business plan contest at UR has run into some unexpected legal challenges and forced to close down operations days after getting thousands of clicks from a New York Times blog piece.

NewsFeeds 3.12.09

Va. unemployment rate accelerates, hits 17-year high (Times-Dispatch) Virginia’s jobless rate in January rose to its highest level in nearly 17 years as an increasing number of the state’s employers laid off workers as the recession worsened. Sun sets on wild west of lending (Inside Business) (Free once you register) Despite the negative public response… Read more »