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Gov't: Takata air bag recalls to cover 42M cars when done

The U.S. government is trying to get automakers to move faster to fix 42 million vehicles that are being recalled because of potentially deadly Takata airbag inflators.

Local Business News

Consumers haven't felt this good about government economic policies since 2009

The U.S. presidential election was only a month ago, but President-elect Donald Trump is already having a massive impact on consumers’ confidence and outlook for the future.

Snapchat: How the vanishing-photo app managed not to fade

Snapchat has managed to build something lasting out of photos that vanished almost instantly.

672 Martin's employees at four area supermarkets losing jobs when stores close in February

A total of 672 Martin’s Food Markets employees are losing their jobs in the recently announced second wave of four area store closings.

Peet’s Coffee to set up operation in Suffolk

Peet’s Coffee, the original craft coffee brand celebrating its 50th anniversary, will invest $58 million to establish an East Coast manufacturing operation in Suffolk, Gov. Terry McAuliffe announced.

U.Va., Va. Power unite on solar power project

The University of Virginia has purchased the rights to use the electric output of a 17-megawatt solar power array outside Richmond in a deal that gives the school rights to the property’s electric output for the next 25 years.

Wheeler buys Laburnum Square shopping center in Henrico

Virginia Beach-based Wheeler Real Estate Investment Trust Inc., a real estate investment company focused on acquiring and managing income-producing retail properties with a primary focus on grocery-anchored centers, has closed on the acquisition of Laburnum Square shopping center in eastern Henrico County.

Pat Riley, basketball coach

"There are only two options regarding commitment. You're either in or out. There's no such thing as a life in-between."

Dominion will pay for public water hook-ups for Prince William residents concerned about coal ash

After a second round of tests at new monitoring wells show results "inconsistent" with past data and geology, Dominion will pay to hook up houses near its Possum Point coal ash ponds to county water or provide filtration systems.

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The Nation's Housing: Escrow-free home loans open new options to buyers

If you’ve got a home mortgage, you probably also have an escrow or impound — a savings account incorporated into your monthly payment and managed by your loan servicer so that your annual property tax and hazard insurance bills get paid on time. Most lenders require them and will only allow a waiver if you pay a higher interest rate or a fee.

Your Funds: Firms could tailor paperwork just for you

Mutual fund companies have, for years, wanted you to make their lives easier and for you to reduce their costs, hoping you would take all documents electronically.

Business Principles 101: Don’t be a banker for your customers

Don’t be a banker for your customers.

More Learning Center
Getting to know: Robert E. Hazelton with Dominion Due Diligence Group

Title: President and CEO of Henrico County-based Dominion Due Diligence Group (D3G), an environmental, engineering and energy due diligence firm specializing in affordable housing and health care.

Getting to know: Paul Santos with Foster Made LLC

Title: partner, client services at Foster Made LLC, a web development company in Richmond; president and co-owner of She-Sha Café & Hookah Lounge in Blacksburg

Decision Maker: Karrie B. Southall with RiverFront Investment Group LLC

New position: Chief operating officer, RiverFront Investment Group. “As chief operating officer I am responsible for the daily operations of RiverFront Investment Group, including compliance, trading, portfolio administration, human resources, etc. Put another way, I try to make sure that all the trains not only run, but run on time.”

Getting to know: Mary A. Zweifel, with Sheltering Arms Physical Rehabilitation Centers

Title: Mary A. Zweifel, interim CEO, Sheltering Arms Physical Rehabilitation Centers

More You Need To Meet

POWER THOUGHT

"There are only two options regarding commitment. You're either in or out. There's no such thing as a life in-between."

--Pat Riley, professional basketball coach and executive

SPONSORED CONTENT

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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