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Topics :: economic slowdown

  • Sotheby's plans 5 pct cut in work force

    WRIC 8 News | 04/29/2009 02:46 pm

    Associated Press - April 29, 2009 2:43 PM ET NEW YORK (AP) - Sotheby's Inc. says the economic slowdown is forcing the auction house to slash its global work force ...

  • Coping with tough times

    Virginia Business - Opinion | 02/27/2009 09:00 am

    The U.S. is going through its worst recession since the 1980s, and Virginia is not exempt from the suffering. Unemployment rose dramatically last year although the commonwealth’s overall jobless rate ...

  • Partnership Progress

    richmond.com | 02/04/2009 09:26 am

    The first 60 days of the Greater Richmond Partnership, Inc.'s aggressive 90 Day Action Plan is demonstrating progress and results in each of the plan's four components. Targeting key industries ...

  • Mall Wars

    richmond.com | 09/01/2008 07:48 am

    Stony Point Fashion Park and Short Pump Town Center are five years old this month. In the battle for market share between the two pedestrian malls, Short Pump has emerged ...

  • Airport Traffic Down 6.8 Percent in July

    richmond.com | 08/28/2008 07:27 am

    Passenger traffic at Richmond International Airport declined 6.8 percent in July compared to the same month in 2007, according to data from the Capital Region Airport Commission . "The silver ...

  • Media General Takes Nearly $800 Million in Impairment Charges

    richmond.com | 08/08/2008 05:44 am

    Media General Inc ., owner of the Richmond Times-Dispatch and other media properties, has taken a $512 million goodwill impairment charge of $512 million for its publishing division and more ...

  • Can We Call It a Recession Yet?

    richmond.com | 07/31/2008 08:57 am

    Unemployment is up and corporate earnings are down. Stores and restaurants are closing, and businesses are fighting for survival.   The latest jobless data from the Virginia Employment Commission  puts ...

  • Here's the Scoop on the Ice Cream Business

    richmond.com | 07/28/2008 09:15 am

    Peter Edmonds , proprietor of Gelati Celesti , worried that the economic slowdown might cut into sales at his Henrico County ice cream store, which averages about 400 customers per ...

  • Richmond Home Foreclosures Soar

    richmond.com | 07/28/2008 07:20 am

    The Richmond area showed a dramatic increase in the number of foreclosure filing in the second quarter of 2008 – up 805 from the same quarter the year before – ...

  • Don't Panic!!!!

    richmond.com | 07/24/2008 09:22 am

    While the masters of the financial universe in New York and other banking centers like Charlotte, N.C., are writing off hundreds of billions of dollars of sub-prime mortgage loans, small-time ...

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