Economy and Economics

Economics & Economy
3:21 pm
Fri July 4, 2014

SunTrust Mortgage Agrees to a Settlement with Homeowners

The U.S. Attorney for Virginia’s Western District has won a settlement with Sun Trust Mortgage, which was under investigation for failing to help struggling homeowners as promised.  Those customers may now be getting payments from Sun Trust.

Read more
Clutter Cleaner Matt Paxton
11:15 am
Wed July 2, 2014

Full Disclosure: Bending Not Breaking

National business correspondent Roben Farzad has launched a new radio podcast recorded in Richmond. The program is called Full Disclosure, and in the months ahead we'll share his weekly effort to translate the language of finance and investing.  The theme of this week’s program?  Bending, Not Breaking.

Read more
Chesterfield County
7:56 am
Thu June 19, 2014

Chinese Company Bringing Jobs to the Old Dominion

The McAuliffe administration has somehow beat every other state in the nation by inking what it says is the largest Chinese greenfield economic development project within the U.S. The deal with a leading Chinese pulp and paper company will result in a two-billion dollar investment, two-thousand new jobs, and millions more in agricultural revenue. 

Read more
Economics & Economy
1:53 pm
Mon May 19, 2014

Roanoke Eatery Enjoys the Sweet Taste of Success

by Beverly Amsler

You may have heard of Kickstarter, Indiegogo, or other programs where people donate money to help fund a specific project, such as a film.  Roanoke is the first Virginia city to implement a new type of grass-roots crowd sourcing for small businesses. 

Viva la Cupcake is a shop in Roanoke’s eclectic Grandin Village Community.  On a street corner across from an elementary school, it’s the perfect spot for parents and their kids to stop for a sweet treat.  Pennie Ahuero and her husband opened the shop five years ago and now they’re ready to grow.

Read more
Economics & Economy
7:06 am
Fri May 2, 2014

A Shortage of Daycare Centers in Radford and a Possible Solution

Quality early education has been identified as a key factor for success later in life.  But many communities in Southwestern Virginia don’t have enough daycare centers spots to go around.  

Radford, Virginia is a university town full of young families, but with no place to nearby providing day care.

Agida Manizade: “In town full time infant care, 12 spots and our research shows that right now we have 96 infants in town.”

Read more

Pages