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KLG Gamer Lounge (also a restaurant / snack bar) opening in former Federal Coffee & Tea downtown

KLG Gamer Lounge - a gaming lounge / snack bar - is in the works in the former Federal Coffee & Tea at 616 E. Franklin St.

Local Business News

Report by union questions record of finalist for I-66 project

A report by a union questions the record of Cintra, a company that is a part of a consortium that is bidding to win the Interstate 66 Outside the Beltway project, which includes about $2.1 billion in highway and transit improvements.

Former Pleasants Hardware president named local Red Cross CEO

James T. Hatcher III, former president of Pleasants Hardware, is the new CEO of the Virginia region of the American Red Cross.

Henrico Planning Commission approves plans for Lidl on West Broad

A Lidl on West Broad Street is closer to realization after plans from the Germany-based grocer cleared the Henrico County Planning Commission on Wednesday.

Gas-fired power plant proposed for Charles City County

An independent power producer wants to build a 1,060 megawatt natural gas power plant in Charles City County.

Former Kings Dominion chief named president of park's parent company

The former general manager of Kings Dominion was named president of the theme park’s parent company, Cedar Fair Entertainment Co., on Thursday afternoon.

Hyundai and Kia to pay Virginia $1.182 million as part of $41.2 million settlement

South Korean automakers Hyundai Motor Co. and Kia Motors Corp. will pay Virginia $1.182 million as part of a multi-state settlement over an investigation into their fuel economy ratings.

Kerri Walsh, Olympic gold medalist

Passion is a huge prerequisite to winning. It makes you willing to jump through hoops, go through all the ups and downs and everything in between to reach your goal.

Earnings: NewMarket Corp., Mondelez, Coca-Cola, Boeing, Norfolk Southern

Richmond-area firm: NewMarket Corp.

Business Principles 101: Entrepreneurs must have skin in the game

In 1966, I took a job selling yachts for Gulf States Yachts on a part of Galveston Bay, south of Houston.

Ask Doug & Polly: When, and how much, debt is OK?

QUESTION: I’m planning to start a business. I have some investors who are interested in providing the capital I will need. They are willing to take either equity or debt. Even if I give the investors all equity, I’ll own more than 50 percent of the business. My questions is, how much debt should I issue?

Do employees get time off for voting?

Election Day, Nov. 8, is almost here. And employers should be ready for the questions employees may have about taking time off to vote.

More Learning Center
Getting to know: Matt Pochily, with The Salvation Army Central Virginia

Title: Development director of The Salvation Army Central Virginia

Decision Maker: Emily Jackson with NDP

New position: senior account executive, NDP, a full-service marketing, advertising and public relations firm headquartered in Richmond with offices in Roanoke and Chattanooga, Tenn.

Getting to know: John J. Beardsworth Jr. with Hunton & Williams LLP

Title: Partner at Hunton & Williams LLP, head of the business practice; chairman of the American Bar Association’s Infrastructure and Regulated Industries Section

Decision Maker: Marcia DuBois with the Virginia Department for Aging and Rehabilitative Services

New position: director, Division for the Aging, Virginia Department for Aging and Rehabilitative Services, this position oversees the administration of the services provided to older adults by Virginia’s 25 Area Agencies on Aging; explores creative ways to improve aging programs; provides program updates and direction to three gubernatorial boards; and devises strategies to address emerging legislative, regulatory and policy issues.

More You Need To Meet


Passion is a huge prerequisite to winning. It makes you willing to jump through hoops, go through all the ups and downs and everything in between to reach your goal.

-- Kerri Walsh, Olympic gold medalist


Should I compare my portfolio to the S&P 500?

This question is on the minds of many investors.  I would suggest that we broaden the question to how should I measure your portfolio.  There are three measurements to utilize.

Verdicts versus Settlements: What Does the Public Get to Know?

Did you know that the vast majority of civil cases settle and never go to trial? Many settled cases also are subject to confidentiality agreements - meaning that the names of the parties or the details of the case or the settlement - will not be shared with the public. On the other hand, if a case goes to trial (unless the case involves a juvenile or is put under seal), the public generally can know the case details - including the outcome if the case goes to verdict.

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