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Daily Briefing

Records: Developers paid $1.2M for Lynchburg's Virginian property

Developers looking to restore the Virginian into a new hotel paid $1.2 million to purchase the downtown Lynchburg property, online city records show.

Friday 03/27/2015
Dominion Virginia Power bills to drop 5.5%

The impact means the average residential customer using 1,000 kilowatt hours will save $6.47. The typical bill will drop from $115.95 a month to $109.48.

Thursday 03/26/2015
Young Entrepreneurs make their pitches to investors

After spending more than five months preparing, about a dozen people presented business pitches to a panel of local investors Thursday night at Central Virginia Community College, each vying for a portion of $6,000 to start their business.

Feds to outline new rules on payday loans

Federal regulators will outline a proposal today to place limits on high-interest, short-term loans — the first step in the government’s efforts to curb payday debt traps.

Feds investigate safety of Lumber Liquidators flooring

The U.S. Consumer Product Safety Commission said Wednesday it is investigating Lumber Liquidators Chinese-made laminate flooring following a national TV broadcast raised concerns over levels of formaldehyde.

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