Business News for Lynchburg News Advance http://www.newsadvance.com/lna/business/ en Lynchburg News Advance Copyright 2008 2008-05-09T15:02:00-05:00 Stocks decline as AIG reveals need for cash, oil surges http://www.newsadvance.com/lna/business/local/article/stocks_decline_as_aig_reveals_need_for_cash_oil_surges/4736/ NEW YORK (AP)—Wall Street retreated Friday as investors contended with two of the biggest threats to the economy: fallout from turmoil in the credit market and surging energy prices. The Dow Jones industrial average lost more than 125 points.

]]> Fri, 09 May 2008 15:36:00 EDT http://www.newsadvance.com/lna/business/local/article/stocks_decline_as_aig_reveals_need_for_cash_oil_surges/4736/#When:19:36:00Z Buckingham slate quarry company sues state http://www.newsadvance.com/lna/business/local/article/buckingham_slate_quarry_company_sues_state/4725/ A Buckingham County slate quarry has sued the state, alleging harassment by state mine inspectors.

]]> Fri, 09 May 2008 11:20:00 EDT http://www.newsadvance.com/lna/business/local/article/buckingham_slate_quarry_company_sues_state/4725/#When:15:20:00Z Guns in restaurants draw stares but little outcry http://www.newsadvance.com/lna/business/local/article/guns_in_restaurants_draw_stares_but_little_outcry/4722/ RESTON, Va. (AP) — The patrons at Champps, an upscale restaurant and bar chain, were eating ribs and drinking beer on a recent Saturday when customer Bruce Jackson stood up and made an announcement: He was armed, and so were dozens of other patrons.

]]> Fri, 09 May 2008 08:43:00 EDT http://www.newsadvance.com/lna/business/local/article/guns_in_restaurants_draw_stares_but_little_outcry/4722/#When:12:43:00Z Stocks retreat as oil prices creep higher http://www.newsadvance.com/lna/business/local/article/stocks_open_lower_after_microsoft_pulls_yahoo_bid/4593/ NEW YORK (AP)—The stock market sank Wednesday, as investors found little encouragement in the day’s economic data and watched oil prices climb further into record territory.

]]> Wed, 07 May 2008 13:11:00 EDT http://www.newsadvance.com/lna/business/local/article/stocks_open_lower_after_microsoft_pulls_yahoo_bid/4593/#When:17:11:00Z Electric Bills to Rise, Utility Leaders Warn http://www.newsadvance.com/lna/business/local/article/electric_bills_to_rise_utility_leaders_warn/4668/ WASHINGTON- Electricity bills face a double whammy this year: higher prices of natural gas and coal and pending climate-change legislation, leaders of electric cooperatives warned Tuesday.

]]> Wed, 07 May 2008 13:05:00 EDT http://www.newsadvance.com/lna/business/local/article/electric_bills_to_rise_utility_leaders_warn/4668/#When:17:05:00Z Areva picks Idaho for $2B uranium plant http://www.newsadvance.com/lna/business/local/article/areva_picks_idaho_for_2b_uranium_plant/4664/ BOISE, Idaho — Executives from French-owned energy services company Areva Incorporated say they have picked eastern Idaho for a new $2 billion uranium enrichment plant.

]]> Wed, 07 May 2008 09:39:01 EDT http://www.newsadvance.com/lna/business/local/article/areva_picks_idaho_for_2b_uranium_plant/4664/#When:13:39:01Z Weyerhaeuser plant in city to be sold http://www.newsadvance.com/lna/business/local/article/weyerhaeuser_plant_in_city_to_be_sold/4663/ A corrugated packaging factory in Lynchburg could come under new ownership later this year.

]]> Wed, 07 May 2008 09:37:01 EDT http://www.newsadvance.com/lna/business/local/article/weyerhaeuser_plant_in_city_to_be_sold/4663/#When:13:37:01Z Stocks head for lower open ahead of pending home sales data http://www.newsadvance.com/lna/business/local/article/stocks_head_for_lower_open_ahead_of_pending_home_sales_data/4661/ NEW YORK (AP)—Wall Street headed for a modestly lower open Wednesday, with investors awaiting data on pending home sales and labor costs.

]]> Wed, 07 May 2008 08:20:00 EDT http://www.newsadvance.com/lna/business/local/article/stocks_head_for_lower_open_ahead_of_pending_home_sales_data/4661/#When:12:20:00Z Music marketing in throes of digital transformation http://www.newsadvance.com/lna/business/local/article/music_marketing_in_throes_of_digital_transformation/4658/ If the MP3 was a shot across the music industry’s bow, Radiohead’s “In Rainbows” may have been the torpedo that sank the ship.

]]> Wed, 07 May 2008 07:01:00 EDT http://www.newsadvance.com/lna/business/local/article/music_marketing_in_throes_of_digital_transformation/4658/#When:11:01:00Z Summer job outlook: could be tough for teens http://www.newsadvance.com/lna/business/local/article/edooleysummer_job_outlook_could_be_tough_for_teensbiz/4633/ “Lost."Ask Clifton Price where he would be without job training and the teen sums it up in a word.

“Lost.”

]]> Tue, 06 May 2008 16:24:00 EDT http://www.newsadvance.com/lna/business/local/article/edooleysummer_job_outlook_could_be_tough_for_teensbiz/4633/#When:20:24:00Z Job outlook for grads gets tougher http://www.newsadvance.com/lna/business/local/article/job_outlook_for_grads_gets_tougher/4619/ Employers plan to hire 8 percent more college students graduating from the Class of 2008 than they did in 2007, according to a spring update report released by the National Association of Colleges and Employers. But last fall, employers expected to hire 16 percent more graduates this year than they did in 2007.

]]> Tue, 06 May 2008 08:51:00 EDT http://www.newsadvance.com/lna/business/local/article/job_outlook_for_grads_gets_tougher/4619/#When:12:51:00Z Boomers say that if they could turn back time, they’d save more money http://www.newsadvance.com/lna/business/local/article/boomers_say_that_if_they_could_turn_back_time_theyd_save_more_money/4592/ What advice about preparing for old age would you have given yourself 20 years ago if you were as smart as you are now?

]]> Mon, 05 May 2008 10:22:00 EDT http://www.newsadvance.com/lna/business/local/article/boomers_say_that_if_they_could_turn_back_time_theyd_save_more_money/4592/#When:14:22:00Z Wal-Mart expands low-priced drug program http://www.newsadvance.com/lna/business/local/article/wal_mart_expands_low_priced_drug_program/4588/ Wal-Mart Stores Inc., the world’s biggest retailer, said Monday it will offer 90-day prescriptions for $10 and lower the prices of more than 1,000 over-the-counter medications to $4 or less.

]]> Mon, 05 May 2008 07:32:00 EDT http://www.newsadvance.com/lna/business/local/article/wal_mart_expands_low_priced_drug_program/4588/#When:11:32:00Z Foster Fuels awarded contract to provide fuel to FEMA in emergency situations http://www.newsadvance.com/lna/business/local/article/foster_fuels_awarded_grant_to_provide_fuel_to_fema_in_emergency_situations/4540/ Foster Fuels has been awarded a contract to be on call for the federal government in case of an emergency.

]]> Sun, 04 May 2008 22:26:00 EDT http://www.newsadvance.com/lna/business/local/article/foster_fuels_awarded_grant_to_provide_fuel_to_fema_in_emergency_situations/4540/#When:02:26:00Z New discount store in Amherst passes savings on to customers reeling from slacking economy http://www.newsadvance.com/lna/business/local/article/new_discount_store_in_amherst_passes_savings_on_to_customers_reeling_from_s/4508/ With grocery and gas prices on the rise, an Amherst family has opened a store in Madison Heights to help shoppers save bucks in the checkout line.

]]> Sun, 04 May 2008 22:21:00 EDT http://www.newsadvance.com/lna/business/local/article/new_discount_store_in_amherst_passes_savings_on_to_customers_reeling_from_s/4508/#When:02:21:00Z Finger Food http://www.newsadvance.com/lna/business/local/article/finger_food/4526/ SEFFNER - In 1993. Husband and wife Lou and Joyce Fioritto sat down for dinner at their local Chi-Chi’s Mexican food franchise in Cleveland.

]]> Fri, 02 May 2008 16:16:00 EDT http://www.newsadvance.com/lna/business/local/article/finger_food/4526/#When:20:16:00Z AT&T to launch mobile TV service http://www.newsadvance.com/lna/business/local/article/att_to_launch_mobile_tv_service/4494/ AT&T Inc. will launch a mobile television service Sunday in 58 other U.S. metropolitan markets.

]]> Thu, 01 May 2008 16:25:00 EDT http://www.newsadvance.com/lna/business/local/article/att_to_launch_mobile_tv_service/4494/#When:20:25:00Z Phone companies want to charge higher penalty fees http://www.newsadvance.com/lna/business/local/article/phone_companies_want_to_charge_higher_penalty_fees/4440/ Virginia’s local phone companies are asking state regulators to approve an increase in the fees they are allowed to charge for bad checks and late payments.

]]> Wed, 30 Apr 2008 07:44:01 EDT http://www.newsadvance.com/lna/business/local/article/phone_companies_want_to_charge_higher_penalty_fees/4440/#When:11:44:01Z Truckers protest high gasoline prices http://www.newsadvance.com/lna/business/local/article/truckers_protest_high_gasoline_prices/4402/ Dave Gares, an independent truck driver since 1974 who hauls mostly soft drinks these days, never dreamed he’d be paying more than $4 per gallon for diesel.

]]> Tue, 29 Apr 2008 06:06:01 EDT http://www.newsadvance.com/lna/business/local/article/truckers_protest_high_gasoline_prices/4402/#When:10:06:01Z Electronic prescriptions give frustration the slip http://www.newsadvance.com/lna/business/local/article/electronic_prescriptions_give_frustration_the_slip/4379/ You finally make the appointment to see your doctor, manage to show up on the right day, have your 15 minutes of face time and get the prescriptions that will change your life - maybe even save it.

]]> Mon, 28 Apr 2008 10:48:00 EDT http://www.newsadvance.com/lna/business/local/article/electronic_prescriptions_give_frustration_the_slip/4379/#When:14:48:00Z AAA: Va. gas price hits record high http://www.newsadvance.com/lna/business/local/article/aaa_va_gas_price_hits_record_high/4373/ Virginia gas prices hit a record high today, with a gallon of regular fuel selling for $3.51 on average, AAA Mid-Atlantic said.

]]> Mon, 28 Apr 2008 09:03:00 EDT http://www.newsadvance.com/lna/business/local/article/aaa_va_gas_price_hits_record_high/4373/#When:13:03:00Z Pastry shop’s new owners committed to employing people with disabilities http://www.newsadvance.com/lna/business/local/article/pastry_shops_new_owners_committed_to_employing_people_with_disabilities/4368/ The aroma of baked goodies greets customers as they enter Bill’s Pastry Shop on Bay Street, just as in years past. But this is a restored version of the iconic bakery.

]]> Mon, 28 Apr 2008 07:02:00 EDT http://www.newsadvance.com/lna/business/local/article/pastry_shops_new_owners_committed_to_employing_people_with_disabilities/4368/#When:11:02:00Z Ranchers feel trickle-down hurt from biofuels demand http://www.newsadvance.com/lna/business/local/article/ranchers_feel_trickle_down_hurt_from_biofuels_demand/4302/ Crimora beef rancher Carl Freed grows most of his cattle’s feed, but that hasn’t stopped soaring grain prices from dipping into his pocket.

]]> Fri, 25 Apr 2008 13:23:01 EDT http://www.newsadvance.com/lna/business/local/article/ranchers_feel_trickle_down_hurt_from_biofuels_demand/4302/#When:17:23:01Z Motorists economize to counter gas prices http://www.newsadvance.com/lna/business/local/article/motorists_economize_to_counter_gas_prices/4298/ In the good old days when gasoline was, say, $2.50 a gallon, rising prices were just a nuisance to the middle class. But with gas now settling at $3.50 a gallon and likely to go higher, evidence is mounting that those families are finally cutting back.

]]> Fri, 25 Apr 2008 07:31:00 EDT http://www.newsadvance.com/lna/business/local/article/motorists_economize_to_counter_gas_prices/4298/#When:11:31:00Z Smith Mountain Lake Chamber of Commerce holds expo today http://www.newsadvance.com/lna/business/local/article/smith_mountain_lake_chamber_of_commerce_holds_expo_today/4282/ The Smith Mountain Lake Chamber of Commerce has 178 businesses registered for its annual Business Expo today.

]]> Thu, 24 Apr 2008 20:49:00 EDT http://www.newsadvance.com/lna/business/local/article/smith_mountain_lake_chamber_of_commerce_holds_expo_today/4282/#When:00:49:00Z AEP 1Q earnings more than double http://www.newsadvance.com/lna/business/local/article/aep_1q_earnings_more_than_double/4241/ COLUMBUS, Ohio (AP) — American Electric Power said Thursday that its first quarter earnings more than doubled from a year ago when it took a big charge for pollution controls installed at two West Virginia power plants.

]]> Thu, 24 Apr 2008 08:11:00 EDT http://www.newsadvance.com/lna/business/local/article/aep_1q_earnings_more_than_double/4241/#When:12:11:00Z Lynchburg leaders, others ask for Charlottesville bypass http://www.newsadvance.com/lna/business/local/article/lynchburg_leaders_others_ask_for_charlottesville_bypass/4233/ The No. 1 transportation priority of the business communities in Danville and Lynchburg is a 5.5-mile bypass around Charlottesville’s heavily traveled stretch of U.S. 29.

]]> Thu, 24 Apr 2008 07:33:00 EDT http://www.newsadvance.com/lna/business/local/article/lynchburg_leaders_others_ask_for_charlottesville_bypass/4233/#When:11:33:00Z Lynchburg area home sale stats mixed http://www.newsadvance.com/lna/business/local/article/lynchburg_area_home_sale_stats_mixed/4228/ Existing home sales in the Lynchburg area were down during the first quarter of 2008, but home prices actually rose, according to the Virginia Association of Realtors.
The association released statistics for the first quarter Wednesday.

]]> Wed, 23 Apr 2008 22:30:00 EDT http://www.newsadvance.com/lna/business/local/article/lynchburg_area_home_sale_stats_mixed/4228/#When:02:30:00Z Home sales slow, but prices increase http://www.newsadvance.com/lna/business/local/article/home_sales_slow_but_prices_increase/4194/ Existing home sales were down, but home prices were up in the Lynchburg area during the first quarter of 2008, according to the Virginia Association of Realtors.

]]> Wed, 23 Apr 2008 11:30:00 EDT http://www.newsadvance.com/lna/business/local/article/home_sales_slow_but_prices_increase/4194/#When:15:30:00Z Farmers guilty, but can still sell meat http://www.newsadvance.com/lna/business/local/article/farmers_guilty_but_can_still_sell_meat/4189/ Two Nelson County farmers can continue selling their pork products at local farmers’ markets as long as they follow state and federal rules.

]]> Wed, 23 Apr 2008 10:27:00 EDT http://www.newsadvance.com/lna/business/local/article/farmers_guilty_but_can_still_sell_meat/4189/#When:14:27:00Z Eight Richmond firms make Fortune 500 http://www.newsadvance.com/lna/business/local/article/eight_ricmond_firms_make_fortune_500/4176/ Eight companies with headquarters in the Richmond area have made this year’s Fortune 500, an annual ranking of the nation’s largest publicly traded companies by revenue.

]]> Wed, 23 Apr 2008 08:27:00 EDT http://www.newsadvance.com/lna/business/local/article/eight_ricmond_firms_make_fortune_500/4176/#When:12:27:00Z Ask the Propeller Heads: Are 3-D printers real? http://www.newsadvance.com/lna/business/local/article/ask_the_propeller_heads_are_3_d_printers_real/4175/ Dear Propeller Heads: I saw something on TV about “3-D printers.” They look cool, but will we ever really see these? A: All we can say is, start designing your fembot today, because “3-D printers” are real and they’re coming soon.

]]> Wed, 23 Apr 2008 08:20:00 EDT http://www.newsadvance.com/lna/business/local/article/ask_the_propeller_heads_are_3_d_printers_real/4175/#When:12:20:00Z Roaming furniture stops in Charlottesville http://www.newsadvance.com/lna/business/local/article/roaming_furniture_stops_in_charlottesville/4101/ Since 2002, Furniture Promotions has moved in and out of Lynchburg, Warrenton, Leesburg and Sterling. Now the store is calling Charlottesville its home, at least through the summer.

]]> Mon, 21 Apr 2008 11:15:00 EDT http://www.newsadvance.com/lna/business/local/article/roaming_furniture_stops_in_charlottesville/4101/#When:15:15:00Z Movers and shakers for April 21, 2008 http://www.newsadvance.com/lna/business/local/article/movers_and_shalers_for_april_21_2008/4100/ Mon, 21 Apr 2008 11:09:00 EDT http://www.newsadvance.com/lna/business/local/article/movers_and_shalers_for_april_21_2008/4100/#When:15:09:00Z Teens turn to thrift as jobs vanish and prices rise http://www.newsadvance.com/lna/business/local/article/teens_turn_to_thrift_as_jobs_vanish_and_prices_rise/4099/ NEW YORK — The souring job market and rising costs of the usual teenage indulgences — a slice of pizza, a drive to the mall, the hottest new jeans — are causing teens to do something they rarely do: be thrifty.

]]> Mon, 21 Apr 2008 11:06:00 EDT http://www.newsadvance.com/lna/business/local/article/teens_turn_to_thrift_as_jobs_vanish_and_prices_rise/4099/#When:15:06:00Z Higher operating costs put pinch on farmers http://www.newsadvance.com/lna/business/local/article/higher_operating_costs_put_pinch_on_farmers/4098/ Under pressure from skyrocketing fuel and fertilizer prices, Adventure Farms in Earlysville is taking an unprecedented step: the cattle farm is getting into the soybean business.

]]> Mon, 21 Apr 2008 10:57:00 EDT http://www.newsadvance.com/lna/business/local/article/higher_operating_costs_put_pinch_on_farmers/4098/#When:14:57:00Z Bank of the James sees strong first quarter http://www.newsadvance.com/lna/business/local/article/bank_of_the_james_sees_strong_first_quarter/4036/ Thanks in part to a strengthening mortgage business, Lynchburg-based Bank of the James had a net income of $504,000 in the first quarter of 2008, nearly a 27 percent increase from the same period in 2007.

]]> Fri, 18 Apr 2008 13:49:00 EDT http://www.newsadvance.com/lna/business/local/article/bank_of_the_james_sees_strong_first_quarter/4036/#When:17:49:00Z Piney River farm putting eggs on its plate http://www.newsadvance.com/lna/business/local/article/piney_river_farm_putting_eggs_on_its_plate/4024/ There are 24,000 chickens that, by the beginning of June, will likely make one Piney River farm the largest organic, free-range, egg producer in the state. 

]]> Fri, 18 Apr 2008 09:58:00 EDT http://www.newsadvance.com/lna/business/local/article/piney_river_farm_putting_eggs_on_its_plate/4024/#When:13:58:00Z New tourism program aims at ‘green’ travelers http://www.newsadvance.com/lna/business/local/article/new_tourism_program_aims_at_green_travelers/4022/ Virginia is for lovers, and for greens — as in lovers of the environment, that is. That’s what state officials are hoping, at least.

]]> Fri, 18 Apr 2008 08:10:00 EDT http://www.newsadvance.com/lna/business/local/article/new_tourism_program_aims_at_green_travelers/4022/#When:12:10:00Z Lynchburg representatives head to Hampton Roads job fair http://www.newsadvance.com/lna/business/local/article/lynchburg_representatives_head_to_hampton_roads_job_fair/3981/ Representatives from several companies and organizations in the Lynchburg region hope to attract veterans by attending a job fair in Hampton Roads today.

]]> Wed, 16 Apr 2008 22:57:00 EDT http://www.newsadvance.com/lna/business/local/article/lynchburg_representatives_head_to_hampton_roads_job_fair/3981/#When:02:57:00Z Centra reworks its debt as mortgage crisis snarls markets http://www.newsadvance.com/lna/business/local/article/centra_reworks_its_debt_as_mortgage_crisis_snarls_markets/3911/ The long-term financial structure that Centra used to cover the cost of the new East Tower was hit by aftershocks from the subprime mortgage crisis — briefly almost tripling interest rates for the local health care system.

]]> Tue, 15 Apr 2008 14:32:00 EDT http://www.newsadvance.com/lna/business/local/article/centra_reworks_its_debt_as_mortgage_crisis_snarls_markets/3911/#When:18:32:00Z Blockbuster to bid $1B for Circuit City http://www.newsadvance.com/lna/business/local/article/blockbuster_to_bid_1b_for_circuit_city/3862/ Blockbuster Inc. said Monday it will take an unsolicited $1 billion-plus bid for Circuit City Stores Inc. directly to shareholders of the nation’s second biggest consumer electronics chain, saying the struggling retailer has not responded to repeated offers.

]]> Mon, 14 Apr 2008 11:08:01 EDT http://www.newsadvance.com/lna/business/local/article/blockbuster_to_bid_1b_for_circuit_city/3862/#When:15:08:01Z Losing out on rising gas prices http://www.newsadvance.com/lna/business/local/article/losing_out_on_rising_gas_prices/3851/ At Goldy’s Truck Plaza, halfway between Lynchburg and Altavista on U.S. 29, it isn’t hard to see the effects of diesel prices teetering on the edge of $4 per gallon.

]]> Mon, 14 Apr 2008 09:00:00 EDT http://www.newsadvance.com/lna/business/local/article/losing_out_on_rising_gas_prices/3851/#When:13:00:00Z Fed chief offers economic assurance http://www.newsadvance.com/lna/business/local/article/fed_chief_offers_economic_assurance/3802/ Federal Reserve Chairman Ben S. Bernanke said yesterday in Richmond that the nation is not heading toward a slide similar to the Great Depression that lasted 12 years.

]]> Fri, 11 Apr 2008 06:24:00 EDT http://www.newsadvance.com/lna/business/local/article/fed_chief_offers_economic_assurance/3802/#When:10:24:00Z United Way of Central Virginia hires new CEO http://www.newsadvance.com/lna/business/local/article/united_way_of_central_virginia_hires_new_ceo/3788/ United Way of Central Virginia has hired Marie Martin as its new president and CEO, the agency announced Thursday.

]]> Thu, 10 Apr 2008 21:01:01 EDT http://www.newsadvance.com/lna/business/local/article/united_way_of_central_virginia_hires_new_ceo/3788/#When:01:01:01Z Circuit City reverses trend and reports a profit http://www.newsadvance.com/lna/business/local/article/circuit_city_reverses_trend_and_reports_a_profit/3757/ Circuit City Stores Inc. is pegging its future on a renewed focus on customer service.

]]> Thu, 10 Apr 2008 07:22:00 EDT http://www.newsadvance.com/lna/business/local/article/circuit_city_reverses_trend_and_reports_a_profit/3757/#When:11:22:00Z Box maker moves to new Campbell County location http://www.newsadvance.com/lna/business/local/article/box_maker_moves_to_new_campbell_county_location/3749/ New River Packaging, a box manufacturer formerly located in Madison Heights, has packed up and moved to Campbell County.

]]> Wed, 09 Apr 2008 20:19:01 EDT http://www.newsadvance.com/lna/business/local/article/box_maker_moves_to_new_campbell_county_location/3749/#When:00:19:01Z Fed chief Bernanke to speak in Richmond Thursday http://www.newsadvance.com/lna/business/local/article/fed_chief_bernanke_to_speak_in_richmond_tomorrow/3730/ The national spotlight will be on Richmond tomorrow when Federal Reserve Chairman Ben Bernanke will speak to the World Affairs Council of Greater Richmond.

]]> Wed, 09 Apr 2008 07:22:01 EDT http://www.newsadvance.com/lna/business/local/article/fed_chief_bernanke_to_speak_in_richmond_tomorrow/3730/#When:11:22:01Z How to stay out of the financial red zone http://www.newsadvance.com/lna/business/local/article/how_to_stay_out_of_the_financial_red_zone/3696/ On the eve of a recession, the last place you need to be is in the financial red zone. Lenders get stingy with credit and cash is king, leaving cash-strapped, credit-addicted consumers up the creek without a paddle. Are you in the financial red zone?

]]> Tue, 08 Apr 2008 08:47:00 EDT http://www.newsadvance.com/lna/business/local/article/how_to_stay_out_of_the_financial_red_zone/3696/#When:12:47:00Z Energy secretary: Use tech to diversify energy supply http://www.newsadvance.com/lna/business/local/article/energy_secretary_use_tech_to_diversify_energy_supply/3693/ WASHINGTON — Energy Secretary Samuel Bodman told an energy conference here yesterday that the nation must diversify its energy supply. Technology is the key to solving the country’s most pressing energy challenges, Bodman said.

]]> Tue, 08 Apr 2008 07:28:00 EDT http://www.newsadvance.com/lna/business/local/article/energy_secretary_use_tech_to_diversify_energy_supply/3693/#When:11:28:00Z Montgomery County opposes transit site http://www.newsadvance.com/lna/business/local/article/montgomery_county_opposes_transit_site/3692/ A Montgomery County site is the only feasible location for a proposed $35.5 million regional truck-rail transfer center in Southwest Virginia, the state’s rail agency says.

]]> Tue, 08 Apr 2008 07:04:00 EDT http://www.newsadvance.com/lna/business/local/article/montgomery_county_opposes_transit_site/3692/#When:11:04:00Z Circuit City plans to reduce size of its board http://www.newsadvance.com/lna/business/local/article/circuit_city_plans_to_reduce_size_of_its_board/3691/ Circuit City Stores Inc. wants to reduce the size of its board of directors at the chain’s annual shareholder’s meeting in June.

]]> Tue, 08 Apr 2008 07:03:00 EDT http://www.newsadvance.com/lna/business/local/article/circuit_city_plans_to_reduce_size_of_its_board/3691/#When:11:03:00Z State: Intermodal rail yard will go west of Roanoke http://www.newsadvance.com/lna/business/local/article/state_intermodal_rail_yard_will_go_west_of_roanoke/3685/ An intermodal rail yard will be located west of Roanoke in Montgomery County, state officials and the Norfolk Southern railway announced Monday.

]]> Mon, 07 Apr 2008 22:22:01 EDT http://www.newsadvance.com/lna/business/local/article/state_intermodal_rail_yard_will_go_west_of_roanoke/3685/#When:02:22:01Z Charlottesville’s downtown Mall is 32 years old and still thriving http://www.newsadvance.com/lna/business/local/article/charlottesvilles_downtown_mall_is_32_years_old_and_still_thriving/3634/ After 10 years in a strip shopping center outside the city limits, Harry Marshall returned to his business roots recently when he relocated the Young Men’s Shop to Charlottesville’s Downtown Mall. 

]]> Sun, 06 Apr 2008 22:38:00 EDT http://www.newsadvance.com/lna/business/local/article/charlottesvilles_downtown_mall_is_32_years_old_and_still_thriving/3634/#When:02:38:00Z Shortage of childcare leads some to take matters into their own hands http://www.newsadvance.com/lna/business/local/article/a_shortage_of_childcare_in_the_lynchburg_area_has_driven_some_to_take_matte/3633/ The first Caterpillar Clubhouse family-owned day-care center opened in Rustburg barely over a year ago.

]]> Sun, 06 Apr 2008 22:24:00 EDT http://www.newsadvance.com/lna/business/local/article/a_shortage_of_childcare_in_the_lynchburg_area_has_driven_some_to_take_matte/3633/#When:02:24:00Z Areva, Babcock and Wilcox study fuel-use efficiency http://www.newsadvance.com/lna/business/local/article/areva_babcock_and_wilcox_study_fuel_use_efficiency/3589/ Lynchburg’s two nuclear-industry companies will continue to study ways to reuse spent fuel after the U.S. Department of Energy extended its contract with a worldwide consortium that is looking for ways to get more power with less waste and worry about fuel rods.

]]> Thu, 03 Apr 2008 21:46:00 EDT http://www.newsadvance.com/lna/business/local/article/areva_babcock_and_wilcox_study_fuel_use_efficiency/3589/#When:01:46:00Z Mass construction projects are going up with the help of tax-exempt bonds http://www.newsadvance.com/lna/business/local/article/mass_construction_projects_are_going_up_with_the_help_of_tax_exempt_bonds/3527/ Many large commercial projects are getting built in Virginia with a little help from the local government.

]]> Wed, 02 Apr 2008 14:22:01 EDT http://www.newsadvance.com/lna/business/local/article/mass_construction_projects_are_going_up_with_the_help_of_tax_exempt_bonds/3527/#When:18:22:01Z Attorney general’s office reviewing ABC ruling http://www.newsadvance.com/lna/business/local/article/attorney_generals_office_reviewing_abc_ruling/3526/ Authorities will not say if they plan to appeal a federal court ruling that struck down state restrictions on alcoholic beverage advertising in college newspapers.

]]> Wed, 02 Apr 2008 13:39:00 EDT http://www.newsadvance.com/lna/business/local/article/attorney_generals_office_reviewing_abc_ruling/3526/#When:17:39:00Z Kroger to offer $4 generic drugs at stores in Va http://www.newsadvance.com/lna/business/local/article/kroger_to_offer_4_generic_at_stores_in_va/3521/ Richmond area Kroger stores started offering today more than 300 generic drugs for $4 per prescription.

]]> Wed, 02 Apr 2008 11:36:00 EDT http://www.newsadvance.com/lna/business/local/article/kroger_to_offer_4_generic_at_stores_in_va/3521/#When:15:36:00Z Shoemakers makes a hefty return in the Hill City http://www.newsadvance.com/lna/business/local/article/shoemakers_makes_a_hefty_return_in_the_hill_city/3442/ Seven months after opening Shoemakers restaurant in downtown Lynchburg, Stephan Parry is surprised by the quick reception the restaurant has received.

]]> Mon, 31 Mar 2008 06:59:00 EDT http://www.newsadvance.com/lna/business/local/article/shoemakers_makes_a_hefty_return_in_the_hill_city/3442/#When:10:59:00Z Forest tile store is piling up customers http://www.newsadvance.com/lna/business/local/article/forest_tile_store_is_piling_up_customers/3413/ Mike Williams loves stone and strong tile flooring because it lasts a lifetime, he said.

]]> Fri, 28 Mar 2008 21:20:00 EDT http://www.newsadvance.com/lna/business/local/article/forest_tile_store_is_piling_up_customers/3413/#When:01:20:00Z Circuit City, Dillard’s cutting jobs in Virginia http://www.newsadvance.com/lna/business/local/article/circuit_city_dillards_cutting_jobs_in_virginia/3389/ Two area retailers are laying off a total of as many as 160 people because of poor sales and a slowdown in the housing market.

]]> Fri, 28 Mar 2008 07:24:00 EDT http://www.newsadvance.com/lna/business/local/article/circuit_city_dillards_cutting_jobs_in_virginia/3389/#When:11:24:00Z Bank group prez: Community banks didn’t cause economic crisis http://www.newsadvance.com/lna/business/local/article/bank_group_prez_community_banks_didnt_cause_economic_crisis/3350/ Community banks did not cause the credit crunch or subprime mortgage meltdown facing large U.S. financial institutions.

]]> Thu, 27 Mar 2008 09:25:00 EDT http://www.newsadvance.com/lna/business/local/article/bank_group_prez_community_banks_didnt_cause_economic_crisis/3350/#When:13:25:00Z Lynchburg lands in Forbes magazine’s top 25 list http://www.newsadvance.com/lna/business/local/article/lynchburg_lands_in_forbes_magazines_top_25_list/3333/ The Lynchburg region ranks 24 on Forbes’ national list of Best Places for Business and Careers, published last week.

]]> Wed, 26 Mar 2008 20:58:00 EDT http://www.newsadvance.com/lna/business/local/article/lynchburg_lands_in_forbes_magazines_top_25_list/3333/#When:00:58:00Z $4-A-Gallon Diesel Squeezes Truckers http://www.newsadvance.com/lna/business/local/article/4_a_gallon_diesel_squeezes_truckers/3281/ SEFFNER, FLA. — For the past couple of days, Gary Cunningham has hunkered down in the cab of his tractor-trailer along the south edge of the Citgo truck stop lot on U.S. 301.

]]> Tue, 25 Mar 2008 10:57:00 EDT http://www.newsadvance.com/lna/business/local/article/4_a_gallon_diesel_squeezes_truckers/3281/#When:14:57:00Z Altavista bank marks 100 years and looks to grow http://www.newsadvance.com/lna/business/local/article/altavista_bank_marks_100_years_and_looks_to_grow/3242/ First National Bank of Altavista has survived a century as a local, independent bank.

]]> Mon, 24 Mar 2008 11:38:00 EDT http://www.newsadvance.com/lna/business/local/article/altavista_bank_marks_100_years_and_looks_to_grow/3242/#When:15:38:00Z Web site lists Va. foreclosures http://www.newsadvance.com/lna/business/local/article/web_site_lists_va_foreclosures/3247/ Looking to find a house at a bargain?

]]> Mon, 24 Mar 2008 10:06:00 EDT http://www.newsadvance.com/lna/business/local/article/web_site_lists_va_foreclosures/3247/#When:14:06:00Z Circuit City losing spot on S&P http://www.newsadvance.com/lna/business/local/article/circuit_city_losing_spot_on_sp/3246/ Circuit City Stores Inc. will lose its place on the Standard & Poor’s 500 index because it failed to meet consistent profit criteria, index officials say. 

]]> Mon, 24 Mar 2008 10:04:00 EDT http://www.newsadvance.com/lna/business/local/article/circuit_city_losing_spot_on_sp/3246/#When:14:04:00Z Mover and Shakers for March 24, 2008 http://www.newsadvance.com/lna/business/local/article/mover_and_shakers_for_march_24_2008/3245/ Mon, 24 Mar 2008 09:59:00 EDT http://www.newsadvance.com/lna/business/local/article/mover_and_shakers_for_march_24_2008/3245/#When:13:59:00Z Community banks not root of crisis, expert says http://www.newsadvance.com/lna/business/local/article/community_banks_not_root_of_crisis_expert_says/3244/ Community banks did not cause the credit crunch or subprime mortgage meltdown facing large U.S. financial institutions. 

]]> Mon, 24 Mar 2008 09:58:00 EDT http://www.newsadvance.com/lna/business/local/article/community_banks_not_root_of_crisis_expert_says/3244/#When:13:58:00Z What debt collectors can and can’t do http://www.newsadvance.com/lna/business/local/article/what_debt_collectors_can_and_cant_do/3243/ WASHINGTON — One business is going strong in this flagging economy: debt collection. 

]]> Mon, 24 Mar 2008 09:56:00 EDT http://www.newsadvance.com/lna/business/local/article/what_debt_collectors_can_and_cant_do/3243/#When:13:56:00Z AMTI helps create sensor that detects hazardous chemicals http://www.newsadvance.com/lna/business/local/article/amti_helps_create_sensor_that_detects_hazardous_chemicals/3027/ A new hazardous chemical detection system uses a laser to sniff out and quickly identify hazardous chemicals, sending an early warning that hopefully could save lives.

]]> Sun, 16 Mar 2008 23:18:00 EDT http://www.newsadvance.com/lna/business/local/article/amti_helps_create_sensor_that_detects_hazardous_chemicals/3027/#When:03:18:00Z Owners step up renovations to compete with new hotels http://www.newsadvance.com/lna/business/local/article/owners_step_up_renovations_to_compete_with_new_hotels/3026/ Paul Heckman is crossing his fingers, hoping the new Hilton Garden Inn on Wards Road will be ready by the end of April.

]]> Sun, 16 Mar 2008 23:11:01 EDT http://www.newsadvance.com/lna/business/local/article/owners_step_up_renovations_to_compete_with_new_hotels/3026/#When:03:11:01Z Chamber to hold annual trade show Tuesday http://www.newsadvance.com/lna/business/local/article/chamber_to_hold_annual_trade_show_tuesday/3016/ The Lynchburg Regional Chamber of Commerce will hold its 20th annual Connection trade show Tuesday, with 100 booths at Liberty University presented by 91 companies.

]]> Fri, 14 Mar 2008 22:32:00 EDT http://www.newsadvance.com/lna/business/local/article/chamber_to_hold_annual_trade_show_tuesday/3016/#When:02:32:00Z New kids’ activity center thrives in Wyndhurst http://www.newsadvance.com/lna/business/local/article/new_kids_activity_center_thrives_in_wyndhurst/3014/ Katie Morrow was looking for a day-care job between her classes at Liberty University, so she searched for jobs on the Internet. The words “Romp n’ Roll” caught her eye.

]]> Fri, 14 Mar 2008 22:29:00 EDT http://www.newsadvance.com/lna/business/local/article/new_kids_activity_center_thrives_in_wyndhurst/3014/#When:02:29:00Z Verizon upgrades DSL speed in Lynchburg http://www.newsadvance.com/lna/business/local/article/verizon_upgrades_dsl_speed_in_lynchburg/2778/ Verizon has upgraded equipment in several Lynchburg-area locations to more than double the download speed available to some DSL users.

]]> Thu, 13 Mar 2008 21:18:00 EDT http://www.newsadvance.com/lna/business/local/article/verizon_upgrades_dsl_speed_in_lynchburg/2778/#When:01:18:00Z Lumber Liquidators Inc. ends on high note in ‘07 fourth quarter http://www.newsadvance.com/lna/business/local/article/lumber_liquidators_inc_ends_on_high_note_in_07_fourth_quarter/2734/ TOANO — Lumber Liquidators Inc., a specialty retailer of hardwood flooring that operates locally on Old Forest Road, experienced rapid growth in the fourth quarter of 2007, ending the year just slightly behind 2006.

]]> Wed, 12 Mar 2008 22:06:00 EDT http://www.newsadvance.com/lna/business/local/article/lumber_liquidators_inc_ends_on_high_note_in_07_fourth_quarter/2734/#When:02:06:00Z Amherst nears OK for proposed metals firm plant in Madison Heights http://www.newsadvance.com/lna/business/local/article/amherst_nears_ok_for_proposed_metals_firm_plant_in_madison_heights/2733/ Amherst County’s Economic Development Authority hopes to finalize several deals over the next few weeks to construct a building for Commercial Metals Company.

]]> Wed, 12 Mar 2008 21:59:00 EDT http://www.newsadvance.com/lna/business/local/article/amherst_nears_ok_for_proposed_metals_firm_plant_in_madison_heights/2733/#When:01:59:00Z Partnership may produce more local engineers http://www.newsadvance.com/lna/business/local/article/partnership_may_produce_more_local_engineers/2704/ An industry-driven partnership that aims to produce more local engineering graduates may soon get a boost.

]]> Tue, 11 Mar 2008 19:59:00 EDT http://www.newsadvance.com/lna/business/local/article/partnership_may_produce_more_local_engineers/2704/#When:23:59:00Z United Way of Central Virginia cheers its year http://www.newsadvance.com/lna/business/local/article/united_way_of_central_virginia_cheers_its_year/2703/ United Way of Central Virginia celebrated a successful year at an awards breakfast Tuesday.

]]> Tue, 11 Mar 2008 19:57:00 EDT http://www.newsadvance.com/lna/business/local/article/united_way_of_central_virginia_cheers_its_year/2703/#When:23:57:00Z Dealership to open showroom next door http://www.newsadvance.com/lna/business/local/article/dealership_to_open_showroom_next_door_03_10_08_lna/763/ Mon, 10 Mar 2008 02:03:34 EDT http://www.newsadvance.com/lna/business/local/article/dealership_to_open_showroom_next_door_03_10_08_lna/763/#When:06:03:34Z Gobbling up gigs http://www.newsadvance.com/lna/business/local/article/gobbling_up_gigs_03_10_08_lna/764/ Mon, 10 Mar 2008 02:03:00 EDT http://www.newsadvance.com/lna/business/local/article/gobbling_up_gigs_03_10_08_lna/764/#When:06:03:00Z Former B&W CEO extols nuclear power in energy talk http://www.newsadvance.com/lna/business/local/article/former_bNw_ceo_extols_nuclear_power_in_energy_talk_03_07_08_lna/762/ Fri, 07 Mar 2008 18:03:00 EDT http://www.newsadvance.com/lna/business/local/article/former_bNw_ceo_extols_nuclear_power_in_energy_talk_03_07_08_lna/762/#When:22:03:00Z Trucking company gets new digs in city http://www.newsadvance.com/lna/business/local/article/trucking_company_gets_new_digs_in_city_03_03_08_lna/760/ Mon, 03 Mar 2008 02:03:39 EDT http://www.newsadvance.com/lna/business/local/article/trucking_company_gets_new_digs_in_city_03_03_08_lna/760/#When:06:03:39Z Bringing digital TV into focus: What you need to know http://www.newsadvance.com/lna/business/local/article/bringing_digital_tv_into_focus_what_you_need_to_kno_03_03_08_lna/761/ Mon, 03 Mar 2008 02:03:26 EDT http://www.newsadvance.com/lna/business/local/article/bringing_digital_tv_into_focus_what_you_need_to_kno_03_03_08_lna/761/#When:06:03:26Z Altavista cell phone store opens new location in Forest http://www.newsadvance.com/lna/business/local/article/altavista_cell_phone_store_opens_new_location_in_fo_02_29_08_lna/759/ Fri, 29 Feb 2008 18:02:10 EDT http://www.newsadvance.com/lna/business/local/article/altavista_cell_phone_store_opens_new_location_in_fo_02_29_08_lna/759/#When:22:02:10Z Forest bank opens new branch http://www.newsadvance.com/lna/business/local/article/forest_bank_opens_new_branch/633/ Select Bank is celebrating the opening of its second branch, even before celebrating the bank’s first birthday.

]]> Mon, 25 Feb 2008 09:57:00 EDT http://www.newsadvance.com/lna/business/local/article/forest_bank_opens_new_branch/633/#When:13:57:00Z Easy Tender http://www.newsadvance.com/lna/business/local/article/easy_tender/629/ After popping some quarters into a washing machine at a Boonsboro laundromat, Brenda Ellis said she’d spend her tax rebate check on a washing machine and dryer. “So I wouldn’t have to come here,” she said.

]]> Mon, 25 Feb 2008 09:02:00 EDT http://www.newsadvance.com/lna/business/local/article/easy_tender/629/#When:13:02:00Z Forest bank opens another http://www.newsadvance.com/lna/business/local/article/forest_bank_opens_another_02_25_08_lna/757/ Mon, 25 Feb 2008 02:02:30 EDT http://www.newsadvance.com/lna/business/local/article/forest_bank_opens_another_02_25_08_lna/757/#When:06:02:30Z Easy tender: How will you spend your share of the economic stimulus package- http://www.newsadvance.com/lna/business/local/article/easy_tender_how_will_you_spend_your_share_of_the_ec_02_25_08_lna/758/ Mon, 25 Feb 2008 02:02:05 EDT http://www.newsadvance.com/lna/business/local/article/easy_tender_how_will_you_spend_your_share_of_the_ec_02_25_08_lna/758/#When:06:02:05Z Royal Chevrolet Cadillac buys Jim Martin Pontiac Buick GMC http://www.newsadvance.com/lna/business/local/article/royal_chevrolet_cadillac_buys_jim_martin_pontiac_buick_gmc/625/ Royal Chevrolet Cadillac on Graves Mill Road has purchased the Pontiac-Buick-GMC franchise from Jim Martin.

]]> Fri, 22 Feb 2008 17:00:00 EDT http://www.newsadvance.com/lna/business/local/article/royal_chevrolet_cadillac_buys_jim_martin_pontiac_buick_gmc/625/#When:21:00:00Z Fitness center sets sights on city http://www.newsadvance.com/lna/business/local/article/fitness_center_sets_sights_on_city/584/ Plans to bring a private health club to Lynchburg are moving forward with investors settling on a Lakeside Drive location for the new facility.

]]> Wed, 20 Feb 2008 08:28:00 EDT http://www.newsadvance.com/lna/business/local/article/fitness_center_sets_sights_on_city/584/#When:12:28:00Z Wintergreen gives seasonal workers room to breathe http://www.newsadvance.com/lna/business/local/article/wintergreen_gives_seasonal_workers_room_to_breathe/583/ Wintergreen Resort brings hundreds of international students to work in Central Virginia every winter. With the need for labor nearly doubling during ski season, hiring students from the southern hemisphere is key to the business.

]]> Wed, 20 Feb 2008 08:22:00 EDT http://www.newsadvance.com/lna/business/local/article/wintergreen_gives_seasonal_workers_room_to_breathe/583/#When:12:22:00Z Centra names Jividen to second-in-command post http://www.newsadvance.com/lna/business/local/article/centra_names_jividen_to_second_in_command_post/582/ Longtime health care executive Thomas C. Jividen has been named to a newly created second-in-command post at Centra, the Lynchburg-based hospital system.

]]> Wed, 20 Feb 2008 08:18:00 EDT http://www.newsadvance.com/lna/business/local/article/centra_names_jividen_to_second_in_command_post/582/#When:12:18:00Z Altavista On Track to search for new director http://www.newsadvance.com/lna/business/local/article/copy_altavista_on_track_to_search/755/ Wed, 20 Feb 2008 04:02:54 EDT http://www.newsadvance.com/lna/business/local/article/copy_altavista_on_track_to_search/755/#When:08:02:54Z Company to research city’s retail strengths http://www.newsadvance.com/lna/business/local/article/company_to_research_citys_retail_strengths_02_20_08_lna/754/ Wed, 20 Feb 2008 04:02:36 EDT http://www.newsadvance.com/lna/business/local/article/company_to_research_citys_retail_strengths_02_20_08_lna/754/#When:08:02:36Z Main Street Altavista community presses forward http://www.newsadvance.com/lna/business/local/article/copy_main_street_altavista_community/756/ Wed, 20 Feb 2008 04:02:35 EDT http://www.newsadvance.com/lna/business/local/article/copy_main_street_altavista_community/756/#When:08:02:35Z Centra names Jividen to second-in-command post http://www.newsadvance.com/lna/business/local/article/centra_names_jividen_to_second_in_command_post_02_16_08_lna/753/ Fri, 15 Feb 2008 19:02:59 EDT http://www.newsadvance.com/lna/business/local/article/centra_names_jividen_to_second_in_command_post_02_16_08_lna/753/#When:23:02:59Z Wintergreen gives seasonal workers room to breathe http://www.newsadvance.com/lna/business/local/article/wintergreen_gives_seasonal_workers_room_to_breathe_02_13_08_lna/752/ Wed, 13 Feb 2008 08:02:47 EDT http://www.newsadvance.com/lna/business/local/article/wintergreen_gives_seasonal_workers_room_to_breathe_02_13_08_lna/752/#When:12:02:47Z Wider range Internet service could hit city http://www.newsadvance.com/lna/business/local/article/wider_range_internet_service_could_hit_city_02_10_08_lna/751/ Sat, 09 Feb 2008 19:02:16 EDT http://www.newsadvance.com/lna/business/local/article/wider_range_internet_service_could_hit_city_02_10_08_lna/751/#When:23:02:16Z