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Richmond.com: Richmond Area Business News

Richmond Area Business News

State joins efforts to curb payday debt traps

Virginia will develop strategies to combat predatory lending practices that ensnare thousands of people in cycles of debt.

Friday 03/27/2015
Powhatan’s first craft brewery in planning: Fine Creek Brewing

Fine Creek Brewing Co. plans to use a 5-acre parcel and also hopes to open a 20-room country inn on the site. 

Thursday 03/26/2015
Goodwin says children's hospital could be a "dominant force" for region

Goodwin said the 99-acre property his company bought this month in northern Henrico County is one of several possible sites for the hospital. 

State joins efforts to curb payday debt traps

Virginia will develop strategies to combat predatory lending practices that ensnare thousands of people in cycles of debt.

Web firm founder named Entrepreneur of the Year

Kishau Rogers, founder and CEO of the Websmith Group, has won contracts with Virginia Commonwealth University and large hospital chains around the country. 

Rosetta Stone CEO resigns; director to fill in

The Arlington County-based company’s board will conduct a search for a permanent CEO.

State regulators approve decrease in Dominion Virginia Power bills

The 5.5 percent decline for residential customers is the result of cheaper fuel costs. The company agreed to speed up the rate cut as part of a compromise in the General Assembly. 

Va. wine grape harvest grows sharply in 2014

Growers produced 17 percent more grapes than in 2013. 

Construction squeezing Manchester business owners

Business owners said parking and traffic problems are hurting sales and leading them to consider moving out of the city.

Universal promotes veteran insider to COO

Richmond-based Universal Corp. said Wednesday that its board has chosen Airton L. Hentschke as the company’s senior vice president and chief operating officer, effective April 1.

Dominion plans to build natural gas power plant in Southside

The new project would be just a few miles away from a plant already under construction and could draw gas from the proposed Atlantic Coast Pipeline.

Wednesday 03/25/2015
First Potomac sells Richmond portfolio for $60 million

The portfolio consists of 19 buildings with more than 800,000 square feet. 

Feds to check safety of Lumber Liquidators flooring

The announcement of an investigation comes more than three weeks after a "60 Minutes" story accused the company of selling flooring with unsafe levels of formaldehyde.

Study ranks Chesterfield as a top spot for logistics businesses

The county benefits from its proximity to the Port of Virginia, major interstates and railroads.

RelayFoods.com adds weekly planning service

Charlottesville-based online grocer RelayFoods.com, which serves the Richmond area, has added a service allowing customers to plan a week’s menu and shop for ingredients in one process.

Zaxby's restaurant to open first Richmond-area location

The first Richmond-area Zaxby's will open on an outparcel of the Staples Mill Marketplace shopping center along Staples Mill Road.  Plans call for a one-story, 3,847-square-foot restaurant. The shopping center is also home to a massive new Kroger Marketplace. 

Tuesday 03/24/2015
FCC hits Roanoke TV station with $325,000 indecency fine

It is the largest penalty the FCC has ever levied for a single indecent broadcast at a station.

February weather hits Port Authority revenue

Ice and snow slowed container unloading and created traffic snarls. 

Times-Dispatch makes editing staff changes

The Richmond Times-Dispatch has made two changes to its editing staff to strengthen the newspaper’s enterprise reporting.

Offshore wind projects to get test near Virginia Beach

Gov. Terry McAuliffe said Dominion Virginia Power will build two six-megawatt turbines about 24 miles offshore.

HDL nears settlement of federal investigation, may face large fine

The company said it won't have to admit wrongdoing. But it may be forced to pay a $47 million fine. 

Monday 03/23/2015
Media General to buy back $120 million of its shares

The company will pay for the repurchase with proceeds from the sale of a TV station in Rhode Island. 

Vet gets house from SunTrust

Scott Feltz, who served two tours in Iraq and one in Afghanistan, moved into his new Hanover County home yesterday with his wife and two kids. 

Lumber Liquidators' stock slides on new call for investigation

Democratic Sen. Charles Schumer of New York said the U.S. Consumer Product Safety Commission should investigate the safety of the wood flooring material and make recalls if the products are found to be dangerous.

Greater Richmond Chamber's i.e. contest adds prize for social innovation

This year's contest will select a best startup and a top social innovation company, with each business receiving $10,000.

Sunday 03/22/2015
As craft brewers flood Richmond, homebrewing joins rising tide

Richmond's love of beer is taking the next step, as more craft beer fans start making their own suds.

Trade Names: B2B Solutions provides part-time CIO services

Small companies who don't need full-time IT work are turning to B2B solutions for help.

Biz Buzz: Startup makes quality treats for your canine

Eileen Bible, owner of Labradoodle Abby and silver Labrador Stella, is building a successful business that focuses on high-end doggie treats.

Altria executives sell shares

Trades made by directors and officers are sometimes done according to an advance written trading plan.

This week's commercial leases


Indicators and Coming Up for March 23


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