Economy and Economics

It’s early to be thinking about Thanksgiving and Christmas, but one Richmond company is in full holiday mode.  

On a quiet afternoon, Mark Sauer sits in the large executive office of a company founded by his great, great grandfather.  There’s an old  photo of his uncle delivering products from a donkey cart, and color portraits that underscore the history of the firm.

“This is CF Sauer.  This is CF Sauer, Junior.  That’s my father, CF Sauer, the third, and this is my brother, CF Sauer, the fourth.”

Over the years, each has overseen the manufacture of pure vanilla.

Cyclists Move On

Sep 28, 2015

The world road biking championships wrapped up in Richmond this weekend… Initial fears about slow-to-appear crowds disappeared by the time the largest race happened Sunday. Preliminary numbers show more than 600,000 spectators showed up for the event.

The height of the action on Sunday’s 10-mile course was Libby Hill...

“Look at the wall of fans, it’s like a theater here in Libby Hill. What a fantastic site!”

While millions of TV viewers watch and thousands converge on the capital city of Richmond for the 2015 UCI Road World Championships, right in the heart of the area is a museum that could blunt some of the negative publicity the city received over its Confederate monuments.

The Race Is On

Sep 18, 2015

Virginia’s capital city is gearing up for something it’s never seen before – an international bike race featuring a thousand cyclists and more than a quarter of a million fans.

If you watched the Tour de France on TV, you have some idea of what Richmond is about to experience.  Beginning Saturday, cyclists will fill the roads, warming up and competing in various categories, time trials and races.

It’s been 20 years since Virginia started subsidizing coal companies with tax credits that have cost the state more than $500 million.  As lawmakers review the governor’s budget for the next two years, some experts say it might finally be time to stop propping up King Coal in Virginia. 

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