One key to non-profit success is a mission that is backed with passion.
But another key for nonprofits is cash, which is not always as easy to come by.

John Fees, the president and CEO of nuclear company Babcock & Wilcox in Lynchburg, has been named president and CEO of its parent company, McDermott International.

The company that owns and operates the Archer Creek Foundry in Campbell County has filed for Chapter 11 bankruptcy protection.

POWHATAN - At some point during the Olympics, National Basketball Association stars Dwyane Wade and LeBron James will reach for their sneakers and jerseys.

TRAVERSE CITY, Mich. (AP) _ Despite the headwinds of a slumping U.S. economy, tight credit, high gasoline prices and declining home values, Ford Motor Co.‘s top American executive said he is confident the company has enough cash to weather losses and make a profit again.

Troy Webber has seen more unfamiliar faces roaming his family’s Chesterfield Auto Parts recycling center in recent months.

WASHINGTON (AP)—Two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, according to a new report from Congress.

BEIJING (AP) - China’s politically volatile inflation eased in July as sharp rises in food costs slowed, according to data reported Tuesday, giving Beijing more leeway to try to boost slowing economic growth.

A corrugated cardboard factory in Lynchburg that employs 175 people changed hands last week. Its new parent company said no changes are expected in the number of employees.

Chuck Kain was on a tight budget when he took a vacation to Myrtle Beach last month. Before buying food and souvenirs on vacation, he checked on his cell phone to make sure he had enough money in his checking account.

During robust economic times, college students would easily get multiple offers. As the economy teeters on the edge of recession, graduates this year face a tough job market.

NEW YORK (AP) - With the benefits of their stimulus checks dried up, Americans are focusing even more on necessities like detergent and milk. That’s creating big problems for apparel chains at the malls as the important back-to-school shopping season gets under way.

NEW YORK (AP) — The outlook for the back-to-school shopping season looked grim Thursday, as retailers’ July sales reports showed an increasing shift toward buying necessities like food and household supplies at discounters and away from discretionary splurges on clothing.

You don’t have to be blindsided by a bank failure like customers of IndyMac Bank and others that failed in the past month.

NEW YORK (AP) _ Lexus once again stands alone atop a closely watched list of vehicle dependability after Buick slipped from the No. 1 spot it shared with the Japanese luxury brand last year, J.D. Power and Associates said Thursday.

In a sluggish economy, reaching potential customers is doubly important.

WASHINGTON (AP)—The Federal Reserve, confronted with the perils of a slumping economy and rising inflation, has decided for a second straight meeting to leave interest rates unchanged.

Don Rich figures his decision to open a local Segway dealership puts him ahead of the curve of a movement toward communities in which residents don’t depend on cars to get around.

As soon as a worker at Drumheller Orchards in Lovingston drops a box of yellow peaches onto the sales counter, customers are pulling up to the barn to buy them.

Reggie Pugh, a regional manager in the Areva nuclear power company’s sales force, has a crystal-clear globe given by US Airways. FreqThe globe recognizes him as one of the airline’s top 500 flyers.

Two electric companies that service the Lynchburg region reported second quarter 2008 earnings on Thursday, greatly surpassing their earnings from the same quarter the previous year.

Delegate Danny Marshall says the Virginia Tobacco Commission voted to approve nearly $9 million for the work.

For the third straight year, Forbes magazine has named Virginia as the best state to do business.

There’s another sales tax holiday coming up this weekend in Virginia, and this one is targeted at back-to-school shoppers.

RICHMOND — Genworth Financial this week reported a net loss of $109 million, or 25 cents per diluted share, for the second quarter of 2008.

The Lynchburg region and Virginia reached record employment levels in June, with Lynchburg still leading the state in job growth rate, despite a statewide and local increase in the jobless rate.

The Lynchburg region and Virginia reached record employment levels in June, with Lynchburg still leading the state in its job growth rate, although there was a statewide and local increase in the jobless rate.

JAMESTOWN — High gas prices and economic uncertainty are chilling tourism at Jamestown and other Colonial attractions this summer, dashing hopes that Virginia’s $98 million investment last year in Jamestown’s 400th anniversary celebration would carry over.

Two proposed AT&T cell phone towers near Rustburg cleared a hurdle Monday night, receiving approval from the Campbell County Planning Commission.

NEW YORK (AP) _ Franca Tantillo puts rising fuel prices in the same category as the springtime hail storm that wiped out part of her strawberry crop. Both cut into the profit she can make at the farmers markets she sells at in New York City, about 135 miles south of her farm.