Richmond-based MeadWestvaco, which will soon move into its shinny new headquarters downtown, is moving away from growing trees and making paper and into the packaging business. And profits were higher this quarter than last year, a pleasant surprise and encouraging sign for a region that has lost several major employers.
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How about we share?
Some self-employed business owners are setting up office-shares to defray costs and to have warm bodies around to bounce around ideas. And three local entrepreneurs think they have a better alternative to the growing throngs of self-employed Richmonders who use Starbucks and Panera as their de facto offices.
Weekend ‘Celebrate Life’ Event To Encourage Organ Donation
On Saturday, July 25 from noon to 4 p.m. and Sunday, July 26, from 1 p.m. to 3 p.m. Crown Acura-Richmond and UNOS will co-host “Celebrate Life” an event to encourage people to become organ donors and raise awareness of UNOS and the importance of organ donation.
Commercial brokerage disbanding
Seven GVA Advantis brokers left the troubled firm last week and are starting an affiliate of a new firm. Leading the pack is Charles Polk, who was GVA’s all-time top-producing broker.
Area apartment vacancy rising
Real estate researcher Reis Inc. reported last week that the national apartment vacancy rate reached 7.5 percent in the second quarter; the rate for Richmond was higher at 8.1 percent. But Patrick McCloud, president of the Central Virginia Apartment Association, said despite the record high vacancy levels Richmond is holding up well and that the rental market is showing signs of improvement.
Just around the corner
Development of the next retail complex at Short Pump is back on schedule.
Death rate high for heart attack victims at VCU
A study by the government’s Center for Medicare and Medicaid did a survey of 4,200 hospitals nationwide. The study showed that VCU Medical Center had 19.8 percent death rate for people who are admitted with heart attacks
Will turn of calendar signal new page for Richmond area?
As a new fiscal year begins, “green shoots” might be sprouting through the economy’s cracks. Then again, more than 20,000 workers are drawing unemployment benefits in the region, and bankruptcy filings are increasing by the month. In this piece, RBS takes a hard look at the economic indicators.
Heard on the Street: BofA data center
Bank of America is likely relocating a data center to Richmond, bringing around 200 jobs.
Baseball debate turning into a full season of speculation
As soon as it seems dead in the water, the baseball debate in Richmond keeps coming back. Charlie Diradour extended his hand in peace today to those in the opposite dugout at a news conference he called. Connecticut, the giant Indian sculpture, looked down over the scene, a thick layer of pollen dusted over its… Read more »