Biz Sense Big Biz

Richmond-based fiber company reduces N.C. workforce

Fri, 30 Jan 2009 18:56:09 +0000

Perf ormance Fibers, a Richmond-based industrial fiber manufacturer, is reducing the workforce at their Salisbury, North Carolina plant by 20%.

Anderson Strudwick merger being renogotiated

Thu, 29 Jan 2009 12:47:15 +0000

Wunderlich Securities is back at the bargaining table to buy Richmond investment bank/brokerage Anderson Strudwick, likely for a lower price.

Office vacancy up at Innsbrook, down in the City

Thu, 29 Jan 2009 11:58:42 +0000

The vacancy rate at Innsbrook and nearby office parks continued to rise last quarter, and, with several big chunks set to come available this year, it�??s going to get worse before it gets better.

Where�??s the seed money for budding businesses?

Wed, 28 Jan 2009 12:01:30 +0000

It takes money to make money. But traditional sources of start-up capital for new businesses are drying up at just the time when many Richmonders are considering opening shop.

A slice of the stimulus

Wed, 28 Jan 2009 11:54:45 +0000

Government contracts never looked so good.

BizWorks, a business development center in Chesterfield, is holding a class today and again next week that will teach business owners how to respond to RFPs (requests for proposals) and win government contracts.

Lawmakers seek to close lending loophole

Tue, 27 Jan 2009 12:06:56 +0000

It�??s déjà vu all over again for payday lenders. Sen. Mark Herring (D-Leesburg) on Thursday introduced a bill that would tighten controls on car-title lenders and prevent payday lenders from evading regulations imposed in 2008.

Facts & Figures for new Shockoe Stadium

Mon, 26 Jan 2009 12:55:54 +0000

Some facts and figures from the latest stadium proposal, which was given to BizSense during an interview with potential team owner Bryan Bostic.

Rally Caps

Mon, 26 Jan 2009 12:25:37 +0000

Bryan Bostic has spent seven years and several hundred thousand dollars trying to bring professional baseball to Shockoe Bottom. And now it�??s crunch time for him and his crew of potential owners. The deadline to buy a team is in early March. Bostic chats about his pitch with BizSense.

Was LandAmerica�??s 1031 business a Ponzi Scheme?

Thu, 22 Jan 2009 12:13:59 +0000

The gloves have come off as former LandAmerica customers fight to retrieve money they gave to the company to hold for a few months. And they�??re also gunning for executives and anyone else who knowingly helped the company defraud customers, including SunTrust Bank.

Help Wanted: VCU alum

Thu, 22 Jan 2009 12:09:05 +0000

Virginia Commonwealth University is launching a new website Monday to help alumni find jobs and help employers find alumni to hire.