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Work It Lynchburg

Daily Briefing

Central Virginia banks planning regional expansions

Two of Central Virginia’s three locally based banks — First National Bank and Select Bank — recently announced their intentions to expand into new markets in the region.

Friday 02/05/2016
Genworth Financial will lay off 200 in Lynchburg; stock drops more than 21 percent

Genworth Financial Inc. announced Friday it is laying off 200 employees in Lynchburg, more than 16 percent of its workforce in the Hill City.

Thomasville buyer lays out plans for Appomattox property

While the tragedy that is Lindenburg Industries continues to play out on the state level, officials in Appomattox are looking to move on with a new developer.

Thursday 02/04/2016
Genworth suspends life insurance sales, plans restructuring

Genworth Financial Inc. said Thursday it is suspending sales of some products and planning a restructuring after the company posted a loss for the fourth quarter and full year of 2015.

Obama seeks $10-per-barrel oil tax to fund clean transport

President Barack Obama wants oil companies to pay a $10 fee for every barrel of oil to help fund investments in clean transportation that fight climate change.

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