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Bankruptcy judge says HDL can keep using cash to fund operations

The company said it is having trouble getting insurers to pay up, and its bank said it thinks HDL needs a major infusion of cash soon. 

Local Business News

Most companies on Richmond Index showed gains second quarter

During the first half of the year a few strong performers helped the index do better than the broader stock market. 

Jane Watkins retiring as head of Virginia Credit Union

Watkins led the credit union for 15 years, overseeing a period of major growth.

Passenger traffic jumps in May at Richmond International Airport

The improving economy and new flight options have fueled 15 months of growth. 

Xenith to redeem shares to exit small business lending fund

The company is issuing $8.5 million in debt as it works to close out its portion of the federal lending fund. 

Richmond couple sees confusion, resignation in Greece

Kostas and Antigoni Kappatos said family members still living in Greece are struggling to understand when and how they can access their bank accounts.

HDL seeks court approval to put itself up for sale

The company would take bids through early September, then hold an auction to complete the sale.

The Color of Money: Responding to readers on parents' money

Whenever I’m able, I like to answer reader questions about their individual situations.

Martin Agency wins Grand Prix award in Cannes competition

The Grand Prix - a first for Martin - honors the company's goofy "unskippable" ads for Geico. 

More
Labor Law: Disability-related questions for job applicants

Under the Americans with Disabilities Act, merely asking a disability-related question during the pre-offer stage is a violation of the law.

Ask Doug and Polly: How do I know when I should fire an employee?

A five-question checklist can help you figure out if the worker needs to go.

Ask SCORE: Customer retention is key to success

Keeping customers on board helps you avoid starting each year in the hole.

More Learning Center
Decision Maker: Darius A. Johsnon

He's a senior vice president at Bank of America, serving middle-market companies. 

Getting to know: Mary Griffin Warren

She handles leasing at Regency Square mall.

Decision Maker: Terry M. Barrett

She's a senior tax manager at Keiter.

Getting to know: John S. Finn Jr.

He's the president of Dominion First Realty.

More You Need To Meet

POWER THOUGHT

Don't ever become a pessimist...a pessimist is correct oftener than an optimist, but an optimist has more fun -- and neither can stop the march of events.

-- Robert A. Heinlein, writer

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