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Daily Briefing

Loan approved to renovate the Virginian

A $5 million loan to renovate the Virginian in downtown Lynchburg into a luxury hotel was approved Wednesday afternoon by the Lynchburg Economic Development Authority.

Wednesday 03/04/2015
Genworth finds problems with internal accounting

Genworth Financial Inc. said it found problems with its internal accounting linked to the company’s review of its long-term care insurance claim reserves.

Florida senator calls for testing on Lumber Liquidators flooring

Days after a “60 Minutes” piece accused it of selling unsafe flooring, Lumber Liquidators is facing a possible second federal investigation.

Areva in turmoil after reporting massive loss

Nuclear manufacturer Areva has announced a 4.8 billion euro loss (approximately $5.3 billion) for 2014, more than its entire market value, plunging the powerful French nuclear industry into turmoil.

Tuesday 03/03/2015
Sweet Briar College's closure leaves Amherst County community in shock

As students and staff grappled with the news of Sweet Briar College’s impending closure, the common response in other parts of Amherst County on Tuesday also was one of shock and sadness.

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