Local NASCAR expert Dr. Jon Ackley said the sport will continue even if the Big Three go under, but either way major changes are on the way. Ackley is a professor of management at the VCU School of Business and teaches a Business of NASCAR class. He also helps manage a blog about the business… Read more »
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‘Small businesses really drive the train,’ says mayor-elect
As Mayor-elect Dwight Jones prepares to transition from the pulpit back to public office, Richmond BizSense sat down with him to find out his plans for economic development and fostering business growth. Jones, a Philadelphia native with a deliberate delivery, is no stranger to doing business in Richmond. He chaired the downtown development group Richmond… Read more »
The price tag of a helping hand
Fallout from the slump in corporate earnings could hit local nonprofits hard. On Monday we reported on how the economic crisis portends a rough patch for charities that rely on donations. I looked up a few more corporate foundations to see what impact they have on the local nonprofit scene. Unless individual giving rises dramatically,… Read more »
Ferrari-driving former MCV liver surgeon performed unecessary transplants, says WSJ
The Wall Street Journal has a fascinating story about a Ferrari-driving liver surgeon. According to the WSJ, Amadeo Marcos, who was pressured to leave the VCU School of Medicine in 2000 after a colleague filed a sexual assault complaint, was recruited to the University of Pittsburgh Medical Center to boost the number of lucrative liver… Read more »
Local teams win with season ticket sales
For local sports fans, season tickets are one expense that’s not getting cut. Virginia Commonwealth University and the University of Richmond are reporting strong season ticket sales for the upcoming men’s basketball season. Both schools, however, are taking measures to bring in casual fans who might be watching their wallets more closely this year. “We… Read more »
Knowledge is good
Ten days after the University of Richmond set the date for the first information session about next fall’s MBA program, the 40 available seats were already reserved.
Highwoods’s starting lineup
If Highwoods Properties’ proposal to redevelop the Boulevard and Shockoe goes forward, a handful of local firms stand to get their slice of the $785 million construction and hourly billing/fee-for-service pie.
Office space getting cheaper
Richmond office vacancies continue to rise, which means prices are likely to fall. The vacancy rate in the central business district rose about 3.5% from the last quarter for a total rate of 13.5%, according to Thalhimer’s recently released third quarter reports. The office vacancy rate for the whole metro area was 8.9% in the… Read more »
Free D. Matthews tickets not so free now
Economists say there’s no free lunch. There might not be free concert tickets, either. Tickets to next Sunday’s Dave Matthews Band’s concert – an Obama campaign-sponsored event at VCU meant to encourage people to vote –were supposed to be free. But they’re all “sold out” now, and, if you want a pair, you’ll have to… Read more »
Business students wary of job market
Employers are cutting back on recruiting efforts, and that portends a rough hiring season for soon-to-be graduates. Mike Eisenman, director of the VCU’s Business and Engineering Career Center, said that at a job fair last week two employers canceled. About 40 firms participated in the fair.