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EconomyEconomy

Part-time nanny helps end Bank of America fee

Recent college graduate Molly Katchpole has $2,200 to her name, holds down two part-time jobs — one of them as a nanny — and describes her financial situation as paycheck-to-paycheck.

11/04/2021 12:00 AM

National business briefs for Nov. 4

Chip-maker AMD eliminating 1,400 workers

11/04/2021 12:00 AM
Retailers report solid sales gains in October

Americans were shopping in October, but they were spending at a slower clip than expected as they faced a barrage of bad economic news.

11/04/2021 12:00 AM
Virginia business briefs for Nov. 4

Genworth to sell stake in its Australian unit

11/04/2021 12:00 AM
Earnings: Genworth, Alpha Natural Resources

Richmond-area firm: Genworth Financial

11/04/2021 12:00 AM
Chesterfield & Hanover Building Permits for Nov. 4

Following is a list of building permits issued in the past few months in the Chesterfield and Hanover counties for construction valued at $50,000 or more. The name listed is that of the owner and contractor unless otherwise noted; the project is a single-family dwelling unless otherwise noted.

11/04/2021 12:00 AM
Developer Justin French enters plea agreement on state forgery charges

Disgraced Richmond developer Justin G. French, who cheated the government and investors out of millions of dollars, entered a plea agreement Thursday in Richmond Circuit Court on state charges of forgery.

11/03/2022 10:25 PM
Factory orders rose 0.3% in Sept.

Companies increased overall orders to U.S. factories slightly in September but boosted demand in a key category that tracks business investment plans by the largest amount in six months.

11/03/2022 10:08 AM
Worker productivity rises, labor costs fall

U.S. workers increased their productivity this summer by the largest amount in a year and half, and they cost their employers less. The trend is good for corporate profits but not necessarily for job growth.

11/03/2022 8:48 AM
Economy picks up but hiring outlook stays cloudy

Companies are more productive, fewer people are seeking unemployment benefits and service companies are adding jobs.

11/03/2022 8:46 AM
International Paper seeks more workers for Franklin mill

International Paper is seeking more workers for a fluff pulp mill that it plans to open in Franklin next summer.

11/03/2022 7:52 AM
Solar advocates question Virginia's charge proposal

Solar power advocates are challenging a residential charge proposed by Dominion Virginia Power they contend would create disincentives for a renewable energy source that is already lagging in the state.

11/03/2022 12:00 AM
Like a Rock: Chevy celebrates 100th anniversary

We saw the USA in them. We drove them to the levee. We even worked on our night moves in their back seats.

11/03/2022 12:00 AM
National business briefs for Nov. 3

Judge gives Sprint Nextel approval to sue AT&T

11/03/2022 12:00 AM
Congressman to monitor Alpha's mine operations

Alpha Natural Resources has promised to end "corrupt practices" at the former Massey Energy coal mines it now owns, but the senior Democrat on the U.S. House Committee on Education and the Workforce says he sees contradictions in Alpha's conduct and will be watching the company closely.

11/03/2022 12:00 AM
Virginia business briefs for Nov. 3

Benchmark Mortgage merges with TowneBank

11/03/2022 12:00 AM
Chesterfield Business Licenses for Nov. 3

The following are recently issued business licenses in Chesterfield County:

11/03/2022 12:00 AM
Woodfin sells its fleet refueling business to Quarles Petroleum

Woodfin Heating Inc. has sold its commercial fleet refueling business to Quarles Petroleum Inc. of Fredericksburg for an undisclosed amount.

11/03/2022 12:00 AM
Humane Society files complaint against Smithfield

The Humane Society of the United States filed a complaint Wednesday against Smithfield Foods, claiming the world's largest pork producer is misleading consumers and shareholders with a video series suggesting it does not abuse pigs.

11/03/2022 12:00 AM
FDA plans to spend $600M on anti-smoking campaigns

The Food and Drug Administration is planning to spend about $600 million over five years to educate the public about the dangers of tobacco use as declines in U.S. smoking rates have stalled in recent years.

11/03/2022 12:00 AM
Fed foresees far weaker growth than it had earlier

The Federal Reserve sketched a bleaker outlook Wednesday for the economy, which it thinks will grow much more slowly and face higher unemployment than it had estimated in June.

11/03/2022 12:00 AM
Fed holds off on further actions to help economy

The Federal Reserve is holding off on any new actions to help the economy because stronger growth is giving it time to gauge the impact of steps it's already taken.

11/02/2022 12:44 PM
Virginia ranked No. 4 for best business climate

Virginia has one of the top 10 best business climates for capital investment, according to a magazine that focuses on economic development.

11/02/2022 12:00 AM
Henrico Business Licenses for Nov. 2

The following are recently issued business licenses in Henrico County:

11/02/2022 12:00 AM
Dominion Virginia Power seeks permission to lease space for solar panels

Dominion Virginia Power has asked the State Corporation Commission for permission to lease space at commercial businesses and public facilities to put up electricity-generating solar panels.

11/02/2022 12:00 AM