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    <title>Investment News for WSLS 10</title>
    <link>http://www2.wsls.com/sls/business/</link>
    <image>
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        <title>Investment News for WSLS 10</title>
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    <description></description>
    <dc:language>en</dc:language>
    <dc:creator>WSLS 10</dc:creator>
    <dc:rights>Copyright 2009</dc:rights>
    <dc:date>2009-11-20T18:35:47-05:00</dc:date>

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         <item>
          <title>Stock futures point to modestly higher opening</title>
          <link>http://www2.wsls.com/sls/business/investment/article/stock_futures_point_to_modestly_higher_opening/63228/</link>
          <description><![CDATA[
Stock futures are pointing to a modestly higher opening as investors await a new report on housing and the dollar resumed its slide.           ]]></description>
          <pubDate>Wed, 18 Nov 2009 06:45:09 EST</pubDate>
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         <item>
          <title>Stock futures point to modestly lower open</title>
          <link>http://www2.wsls.com/sls/business/investment/article/stock_futures_point_to_modestly_lower_open/62967/</link>
          <description><![CDATA[
Stock futures are pointing to a modestly lower opening Tuesday as investors sort through another round of economic data and retail earnings.           ]]></description>
          <pubDate>Tue, 17 Nov 2009 07:01:35 EST</pubDate>
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         <item>
          <title>Stock futures point toward higher opening</title>
          <link>http://www2.wsls.com/sls/business/investment/article/stock_futures_point_toward_higher_opening/62665/</link>
          <description><![CDATA[
Stock futures are pointing to a higher opening as investors prepare for a large batch of economic data throughout the week, starting with a report on retail sales.           ]]></description>
          <pubDate>Mon, 16 Nov 2009 06:43:35 EST</pubDate>
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         <item>
          <title>Stock futures point to higher Wall Street open</title>
          <link>http://www2.wsls.com/sls/business/investment/article/stock_futures_point_to_higher_wall_street_open1/60941/</link>
          <description><![CDATA[
Stock futures are pointing to a sharply higher open on Wall Street after a weekend meeting of world financial leaders raised hopes for the global economy.           ]]></description>
          <pubDate>Mon, 09 Nov 2009 07:03:58 EST</pubDate>
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         <item>
          <title>Man faces 400&#45;year term in $126 million scam</title>
          <link>http://www2.wsls.com/sls/business/investment/article/man_faces_400-year_term_in_126_million_scam/40004/</link>
          <description><![CDATA[
Miami businessman Edward Hugh Okun is facing 400 years in prison when his two-day sentencing hearing starts on Aug. 4.

           ]]></description>
          <pubDate>Mon, 29 Jun 2009 10:15:28 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/man_faces_400-year_term_in_126_million_scam/40004/#When:15:15:28Z</guid>
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         <item>
          <title>Asian stocks rise despite gloomy numbers</title>
          <link>http://www2.wsls.com/sls/business/investment/article/asian_stocks_rise_despite_gloomy_numbers/32177/</link>
          <description><![CDATA[
Asian stock markets rose Wednesday as investors shrugged off more gloomy signs in leading regional economies - China, Japan and South Korea - amid the deepest global slowdown in decades.           ]]></description>
          <pubDate>Wed, 01 Apr 2009 06:30:19 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/asian_stocks_rise_despite_gloomy_numbers/32177/#When:11:30:19Z</guid>
        </item>
    
         <item>
          <title>TARP database</title>
          <link>http://www2.wsls.com/sls/business/investment/article/tarp_database/27224/</link>
          <description><![CDATA[
Click here to see which banks in our area have gotten Federal Funds from the TARP Program.           ]]></description>
          <pubDate>Mon, 09 Feb 2009 15:19:43 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/tarp_database/27224/#When:20:19:43Z</guid>
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         <item>
          <title>Government unveils bold plan to rescue Citigroup</title>
          <link>http://www2.wsls.com/sls/business/investment/article/government_unveils_plan_to_rescue_citigroup/21831/</link>
          <description><![CDATA[
The government unveiled a bold plan Sunday to rescue troubled Citigroup, including taking a $20 billion stake in the firm as well as guaranteeing hundreds of billions of dollars in risky assets.           ]]></description>
          <pubDate>Mon, 24 Nov 2008 00:38:09 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/government_unveils_plan_to_rescue_citigroup/21831/#When:05:38:09Z</guid>
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         <item>
          <title>More housing worries send stock futures lower</title>
          <link>http://www2.wsls.com/sls/business/investment/article/more_housing_worries_send_stock_futures_lower/20968/</link>
          <description><![CDATA[
&nbsp;  &nbsp;  NEW YORK (AP) - Wall Street looked to open lower Tuesday after
homebuilder Toll Brothers Inc. said it couldn&#8217;t project a profit
for 2009 and Starbucks Corp. reported earnings missed Wall Street
expectations.           ]]></description>
          <pubDate>Tue, 11 Nov 2008 07:07:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/more_housing_worries_send_stock_futures_lower/20968/#When:12:07:00Z</guid>
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         <item>
          <title>Asia stocks retreat, Europe lower</title>
          <link>http://www2.wsls.com/sls/business/investment/article/asia_stocks_retreat_europe_lower/20960/</link>
          <description><![CDATA[
&nbsp;  &nbsp;  HONG KONG (AP) - Stock markets in Asia declined and European
markets opened lower today as the luster wore off China&#8217;s nearly
$600 billion bailout of its own economy.           ]]></description>
          <pubDate>Tue, 11 Nov 2008 06:06:01 EST</pubDate>
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         <item>
          <title>Government provides new aid to AIG</title>
          <link>http://www2.wsls.com/sls/business/investment/article/government_provides_new_aid_to_aig/20872/</link>
          <description><![CDATA[
The government is providing new financial
assistance to troubled insurance giant American International
Group, including pouring $40 billion into the company in return for
partial ownership.
           ]]></description>
          <pubDate>Mon, 10 Nov 2008 06:02:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/government_provides_new_aid_to_aig/20872/#When:11:02:00Z</guid>
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         <item>
          <title>Wall Street heads to higher open on China stimulus</title>
          <link>http://www2.wsls.com/sls/business/investment/article/futures_point_up_as_wall_street_tries_to_gauge_economy/20870/</link>
          <description><![CDATA[
China&#8217;s announcement of a major economic
stimulus may ripple all the way to Wall Street.
           ]]></description>
          <pubDate>Mon, 10 Nov 2008 05:17:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/futures_point_up_as_wall_street_tries_to_gauge_economy/20870/#When:10:17:00Z</guid>
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         <item>
          <title>Norfolk Southern 3Q profit soars, beats views</title>
          <link>http://www2.wsls.com/sls/business/investment/article/norfolk_southern_3q_profit_soars_beats_views/19793/</link>
          <description><![CDATA[
The results came in well above Wall Street&#8217;s expectations. Shares jumped $3.33, or 6.2 percent, to $57.20 in aftermarket electronic trading. The stock finished the regular session down $1.99, or 3.6 percent, to $53.87.           ]]></description>
          <pubDate>Tue, 21 Oct 2008 19:33:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/norfolk_southern_3q_profit_soars_beats_views/19793/#When:00:33:00Z</guid>
        </item>
    
         <item>
          <title>Circuit City loses credit agency approval</title>
          <link>http://www2.wsls.com/sls/business/investment/article/circuit_city_loses_credit_agency_approval/18948/</link>
          <description><![CDATA[
Bernard Sands, a credit reporting company that advises manufacturers whether to ship goods to retailers, has pulled it recommendation from Circuit City Stores Inc. after the company reported last week $239 million in losses for the second quarter.           ]]></description>
          <pubDate>Wed, 08 Oct 2008 12:23:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/circuit_city_loses_credit_agency_approval/18948/#When:17:23:00Z</guid>
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         <item>
          <title>Circuit City working with advisers to improve business</title>
          <link>http://www2.wsls.com/sls/business/investment/article/circuit_city_working_with_advisers_to_improve_business/18846/</link>
          <description><![CDATA[
The move is part of the company&#8217;s announcement last week, that it has launched a comprehensive review in order to operate as a standalone business while it continues to explore strategic alternatives.           ]]></description>
          <pubDate>Tue, 07 Oct 2008 15:31:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/circuit_city_working_with_advisers_to_improve_business/18846/#When:20:31:00Z</guid>
        </item>
    
         <item>
          <title>Rest of Wachovia units seen in play</title>
          <link>http://www2.wsls.com/sls/business/investment/article/rest_of_wachovia_units_seen_in_play/18451/</link>
          <description><![CDATA[
But Wachovia Securities spokesman says analyst&#8217;s report is just speculation           ]]></description>
          <pubDate>Wed, 01 Oct 2008 11:24:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/rest_of_wachovia_units_seen_in_play/18451/#When:16:24:00Z</guid>
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         <item>
          <title>&#8220;No reason to panic&#8221; says former Richmond Fed bank president</title>
          <link>http://www2.wsls.com/sls/business/investment/article/no_reason_to_panic_says_former_richmond_fed_bank_president/17407/</link>
          <description><![CDATA[
J. Alfred Broaddus Jr. says the severity is equal to the savings and loans crisis of the late 1980s and early 1990s           ]]></description>
          <pubDate>Mon, 15 Sep 2008 16:43:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/no_reason_to_panic_says_former_richmond_fed_bank_president/17407/#When:21:43:00Z</guid>
        </item>
    
         <item>
          <title>Lehman shuffles assets, expects 3Q loss</title>
          <link>http://www2.wsls.com/sls/business/investment/article/lehman_shuffles_assets_expects_3q_loss/17225/</link>
          <description><![CDATA[
Lehman Brothers says it will sell a majority stake in its prized investment management business and spin off its commercial real estate operations.           ]]></description>
          <pubDate>Wed, 10 Sep 2008 08:18:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/lehman_shuffles_assets_expects_3q_loss/17225/#When:13:18:00Z</guid>
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         <item>
          <title>In slacking economy, Lynchburg area companies are globalizing</title>
          <link>http://www2.wsls.com/sls/business/investment/article/in_slacking_economy_lynchburg_area_companies_are_globalizing/17077/</link>
          <description><![CDATA[
Ralph Torning, an international trade manager for the Virginia Economic Development Partnership, said companies are short-changing themselves if they don&#8217;t export their products and services to other countries           ]]></description>
          <pubDate>Mon, 08 Sep 2008 09:01:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/in_slacking_economy_lynchburg_area_companies_are_globalizing/17077/#When:14:01:00Z</guid>
        </item>
    
         <item>
          <title>Altria boosts quarterly dividend</title>
          <link>http://www2.wsls.com/sls/business/investment/article/altria_boosts_quarterly_dividend/16503/</link>
          <description><![CDATA[
Shareholders as of Sept. 15 will receive a dividend Oct. 10 of 32 cents per share, up from 29 cents.           ]]></description>
          <pubDate>Thu, 28 Aug 2008 13:34:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/altria_boosts_quarterly_dividend/16503/#When:18:34:00Z</guid>
        </item>
    
         <item>
          <title>Circuit City stock swoons</title>
          <link>http://www2.wsls.com/sls/business/investment/article/circuit_city_stock_swoons/16463/</link>
          <description><![CDATA[
Henrico-based firm&#8217;s $1.52 closing price is lowest in 20 years           ]]></description>
          <pubDate>Thu, 28 Aug 2008 06:25:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/circuit_city_stock_swoons/16463/#When:11:25:00Z</guid>
        </item>
    
         <item>
          <title>Wachovia ponders sale of assets</title>
          <link>http://www2.wsls.com/sls/business/investment/article/wachovia_ponders_sale_of_assets/14875/</link>
          <description><![CDATA[
Broker, mutual funds may be put on block after loss, says CEO           ]]></description>
          <pubDate>Tue, 29 Jul 2008 13:31:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/wachovia_ponders_sale_of_assets/14875/#When:18:31:00Z</guid>
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         <item>
          <title>Media General reports second&#45;quarter loss</title>
          <link>http://www2.wsls.com/sls/business/investment/article/media_general_reports_second_quarter_loss/14180/</link>
          <description><![CDATA[
Marshall N. Morton, the company&#8217;s president and chief executive officer, blamed the results on a weakening economy and a continued challenging business environment in the publishing division.           ]]></description>
          <pubDate>Thu, 17 Jul 2008 10:57:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/media_general_reports_second_quarter_loss/14180/#When:15:57:00Z</guid>
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         <item>
          <title>James River Coal to acquire reserves</title>
          <link>http://www2.wsls.com/sls/business/investment/article/james_river_coal_to_acquire_reserves/13247/</link>
          <description><![CDATA[
James River Coal Co. is acquiring nearly 20 million tons of central Appalachian coal reserves from Cheyenne Resources Inc.
           ]]></description>
          <pubDate>Mon, 30 Jun 2008 10:33:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/james_river_coal_to_acquire_reserves/13247/#When:15:33:00Z</guid>
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         <item>
          <title>Circuit City investor says three firms looking to make bid for chain</title>
          <link>http://www2.wsls.com/sls/business/investment/article/circuit_city_investor_says_three_firms_looking_to_make_bid_for_chain/13014/</link>
          <description><![CDATA[
Investor Mark J. Wattles expects an announcement from one of the three companies to be made within a month.
           ]]></description>
          <pubDate>Tue, 24 Jun 2008 11:46:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/circuit_city_investor_says_three_firms_looking_to_make_bid_for_chain/13014/#When:16:46:00Z</guid>
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         <item>
          <title>Circuit City loss is larger in first quarter</title>
          <link>http://www2.wsls.com/sls/business/investment/article/circuit_city_loss_is_larger_in_first_quarter/12835/</link>
          <description><![CDATA[
Sales fell 7.4 percent in the quarter that ended May 31. The Henrico County-based retailer also said it has suspended future dividend payments.            ]]></description>
          <pubDate>Thu, 19 Jun 2008 14:27:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/circuit_city_loss_is_larger_in_first_quarter/12835/#When:19:27:00Z</guid>
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         <item>
          <title>Altria shareholders meet in Richmond, elect new directors</title>
          <link>http://www2.wsls.com/sls/business/investment/article/altria_shareholders_meet_in_richmond_elect_new_directors/11743/</link>
          <description><![CDATA[
About 300 shareholders attended the annual meeting of cigarette maker Philip Morris USA&#8217;s parent company this morning at the Greater Richmond Convention Center.&nbsp; It was the company&#8217;s first annual meeting in Richmond since 2003.           ]]></description>
          <pubDate>Wed, 28 May 2008 13:38:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/altria_shareholders_meet_in_richmond_elect_new_directors/11743/#When:18:38:00Z</guid>
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         <item>
          <title>Bedford Co. company proves there is longevity in leather</title>
          <link>http://www2.wsls.com/sls/business/investment/article/bedford_co_company_proves_there_is_longevity_in_leather/11568/</link>
          <description><![CDATA[
Moore &amp; Giles, based in Forest, works with about 15 tanneries in Europe, Asia and other locations to develop long-lasting leather full of natural beauty           ]]></description>
          <pubDate>Mon, 26 May 2008 11:13:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/bedford_co_company_proves_there_is_longevity_in_leather/11568/#When:16:13:00Z</guid>
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         <item>
          <title>Yale students serve as bankers for struggling entrepreneurs</title>
          <link>http://www2.wsls.com/sls/business/investment/article/yale_students_serve_as_bankers_for_struggling_entrepreneurs/10749/</link>
          <description><![CDATA[
Elmseed Enterprise Program provides small loans and intensive technical support primarily to low income and other disadvantaged entrepreneurs.           ]]></description>
          <pubDate>Fri, 09 May 2008 16:55:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/yale_students_serve_as_bankers_for_struggling_entrepreneurs/10749/#When:21:55:00Z</guid>
        </item>
    
         <item>
          <title>Late cold snap puts a chill on California vineyards</title>
          <link>http://www2.wsls.com/sls/business/investment/article/late_cold_snap_puts_a_chill_on_california_vineyards/10462/</link>
          <description><![CDATA[
The damage still is being assessed &#8212; it could be June before growers know the full extent &#8212; but most expect smaller-than-average harvests this year.           ]]></description>
          <pubDate>Tue, 06 May 2008 09:16:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/late_cold_snap_puts_a_chill_on_california_vineyards/10462/#When:14:16:00Z</guid>
        </item>
    
         <item>
          <title>Fed cuts funds rate .25%</title>
          <link>http://www2.wsls.com/sls/business/investment/article/fed_cuts_funds_rate_25/10177/</link>
          <description><![CDATA[
The Fed move was in line with expectations. Wall Street believes this could well wrap up the Fed&#8217;s rate cuts unless the economy threatens to fall into a worse slump than currently expected.&nbsp; The Fed said it stood ready to &#8220;act as needed to promote sustainable economic growth and stability.&#8220; That phrase was seen as a signal that the Fed is as worried about weak growth as it is about the risk of higher inflation.           ]]></description>
          <pubDate>Wed, 30 Apr 2008 14:36:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/fed_cuts_funds_rate_25/10177/#When:19:36:00Z</guid>
        </item>
    
         <item>
          <title>A &#8220;sweet deal&#8221;: Candy company Mars Inc. looks to buy Wrigley</title>
          <link>http://www2.wsls.com/sls/business/investment/article/a_sweet_deal_candy_company_mars_inc_looks_to_buy_wrigley/10012/</link>
          <description><![CDATA[
The merger of Mars, maker of M&amp;Ms, Snickers bars and other candy, and Wrigley, which produces such gums as Extra, Eclipse, and Orbit, could force other snack companies to merge to compete with the new confectionary giant.           ]]></description>
          <pubDate>Mon, 28 Apr 2008 12:20:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/a_sweet_deal_candy_company_mars_inc_looks_to_buy_wrigley/10012/#When:17:20:00Z</guid>
        </item>
    
         <item>
          <title>Media General shareholders elect new directors</title>
          <link>http://www2.wsls.com/sls/business/investment/article/media_general_shareholders_elect_new_directors/9865/</link>
          <description><![CDATA[
Media General shareholders today elected three new directors nominated by Harbinger Capital Partners.           ]]></description>
          <pubDate>Thu, 24 Apr 2008 18:21:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/media_general_shareholders_elect_new_directors/9865/#When:23:21:00Z</guid>
        </item>
    
         <item>
          <title>Philip Morris profit up 29 percent</title>
          <link>http://www2.wsls.com/sls/business/investment/article/philip_morris_profit_up_29_percent/9739/</link>
          <description><![CDATA[
Net income advanced 29 percent to $1.87 billion, or 89 cents a share, from $1.45 billion, or 69 cents, a year earlier, the New York-based company said. Revenue climbed 18 percent to $15.6 billion. The company said full-year profit would increase faster than it previously expected.           ]]></description>
          <pubDate>Wed, 23 Apr 2008 11:05:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/philip_morris_profit_up_29_percent/9739/#When:16:05:00Z</guid>
        </item>
    
         <item>
          <title>SunTrust profit plummets</title>
          <link>http://www2.wsls.com/sls/business/investment/article/suntrust_profit_plummets/9653/</link>
          <description><![CDATA[
First-quarter profit fell 45 percent as the company set aside more money to cover bad loans to homeowners and builders.           ]]></description>
          <pubDate>Tue, 22 Apr 2008 10:33:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/suntrust_profit_plummets/9653/#When:15:33:00Z</guid>
        </item>
    
         <item>
          <title>Merrill Lynch plans to cut 3,000 jobs</title>
          <link>http://www2.wsls.com/sls/business/investment/article/merrill_lynch_plans_to_cut_3000_jobs/9510/</link>
          <description><![CDATA[
The cuts do not affect financial advisers or investment associates at most of the branch offices, such as the one in Richmond, a spokeswoman for the brokerage said yesterday.           ]]></description>
          <pubDate>Fri, 18 Apr 2008 11:18:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/merrill_lynch_plans_to_cut_3000_jobs/9510/#When:16:18:00Z</guid>
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         <item>
          <title>Centra reworks its debt as mortgage crisis snarls markets</title>
          <link>http://www2.wsls.com/sls/business/investment/article/centra_reworks_its_debt_as_mortgage_crisis_snarls_markets/9301/</link>
          <description><![CDATA[
The long-term financial structure that Centra used to cover the cost of the new East Tower at Lynchburg General Hospital was hit by aftershocks from the subprime mortgage crisis &#8212; briefly almost tripling interest rates for the local health care system.            ]]></description>
          <pubDate>Tue, 15 Apr 2008 17:19:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/centra_reworks_its_debt_as_mortgage_crisis_snarls_markets/9301/#When:22:19:00Z</guid>
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         <item>
          <title>Dissident for Media General board gets support</title>
          <link>http://www2.wsls.com/sls/business/investment/article/dissident_for_media_general_board_gets_support/9287/</link>
          <description><![CDATA[
Proxy firm backs one nominee as company pushes its own slate           ]]></description>
          <pubDate>Tue, 15 Apr 2008 15:16:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/dissident_for_media_general_board_gets_support/9287/#When:20:16:00Z</guid>
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         <item>
          <title>Fed chairman to speak in Richmond</title>
          <link>http://www2.wsls.com/sls/business/investment/article/fed_chairman_to_speak_in_richmond/8533/</link>
          <description><![CDATA[
About 235 business representatives are expected to attend the sold-out luncheon at the University of Richmond on Thursday. An overflow room for students and others also will be filled, said council President Randolph Bell, former U.S. ambassador at large. 
           ]]></description>
          <pubDate>Wed, 09 Apr 2008 16:39:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/fed_chairman_to_speak_in_richmond/8533/#When:21:39:00Z</guid>
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         <item>
          <title>Circuit City plans to reduce size of its board</title>
          <link>http://www2.wsls.com/sls/business/investment/article/circuit_city_plans_to_reduce_size_of_its_board/8397/</link>
          <description><![CDATA[
Circuit City Stores Inc. wants to reduce the size of its board of directors at the chain&#8217;s annual shareholder&#8217;s meeting in June.           ]]></description>
          <pubDate>Tue, 08 Apr 2008 07:11:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/circuit_city_plans_to_reduce_size_of_its_board/8397/#When:12:11:00Z</guid>
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         <item>
          <title>Circuit City to meet with renegade investor</title>
          <link>http://www2.wsls.com/sls/business/investment/article/circuit_city_to_meet_with_renegade_investor/8258/</link>
          <description><![CDATA[
Circuit City Stores Inc. has agreed to meet with renegade investor Mark J. Wattles.&nbsp; In a letter delivered this morning, Mikael Salovaara, lead director of the Circuit City board of directors, agreed to meet with Wattles and discuss company strategy.
           ]]></description>
          <pubDate>Fri, 04 Apr 2008 12:05:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/circuit_city_to_meet_with_renegade_investor/8258/#When:17:05:00Z</guid>
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         <item>
          <title>Raycom buys Richmond&#8217;s NBC affiliate WWBT</title>
          <link>http://www2.wsls.com/sls/business/investment/article/raycom_buys_richmonds_nbc_affiliate_wwbt/8134/</link>
          <description><![CDATA[
Raycom Media Inc., which already owns WTVR, bought WWBT. That&#8217;s generally against federal regulations, but the Federal Communications Commission agreed last week to allow the situation to stand for six months. During that time, Raycom will have to sell WTVR.           ]]></description>
          <pubDate>Wed, 02 Apr 2008 13:01:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/raycom_buys_richmonds_nbc_affiliate_wwbt/8134/#When:18:01:00Z</guid>
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          <title>Media General, dissident weigh in on proxy battle</title>
          <link>http://www2.wsls.com/sls/business/investment/article/media_general_dissident_weigh_in_on_proxy_battle/8126/</link>
          <description><![CDATA[
Investors heard from both sides yesterday in a proxy battle between Media General Inc. and a dissident shareholder over the direction of the Richmond-based media company, owner of the Richmond Times-Dispatch, and WSLS.           ]]></description>
          <pubDate>Wed, 02 Apr 2008 12:46:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/media_general_dissident_weigh_in_on_proxy_battle/8126/#When:17:46:00Z</guid>
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          <title>S&amp;amp;K sees potential in the uniform business</title>
          <link>http://www2.wsls.com/sls/business/investment/article/sk_sees_potential_in_the_uniform_business/7981/</link>
          <description><![CDATA[
S&amp;K Famous Brands Inc. is the latest competitor to jump into the uniform business.&nbsp; The Henrico County-based discount menswear retailer has created a division to design and sell uniforms and other corporate apparel to companies for their employees to buy.           ]]></description>
          <pubDate>Mon, 31 Mar 2008 11:29:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/sk_sees_potential_in_the_uniform_business/7981/#When:16:29:00Z</guid>
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         <item>
          <title>Altria moves headquarters from New York to Richmond</title>
          <link>http://www2.wsls.com/sls/business/investment/article/altria_moves_headquarters_from_new_york_to_richmond/7973/</link>
          <description><![CDATA[
The Fortune 500 company is coming to Richmond to join its subsidiary, Philip Morris USA, the nation&#8217;s largest cigarette maker           ]]></description>
          <pubDate>Mon, 31 Mar 2008 10:16:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/altria_moves_headquarters_from_new_york_to_richmond/7973/#When:15:16:00Z</guid>
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         <item>
          <title>Bush administration proposes sweeping overhaul of financial regulation</title>
          <link>http://www2.wsls.com/sls/business/investment/article/bush_administration_proposes_sweeping_overhaul_of_financial_regulation/7934/</link>
          <description><![CDATA[
In an effort to deal with the problems highlighted by the current severe credit crisis, the new plan would give major new powers to the Federal Reserve, according to a 26-page executive summary obtained Friday by The Associated Press.
           ]]></description>
          <pubDate>Fri, 28 Mar 2008 23:16:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/bush_administration_proposes_sweeping_overhaul_of_financial_regulation/7934/#When:04:16:00Z</guid>
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         <item>
          <title>Home sales unexpectedly rise in February</title>
          <link>http://www2.wsls.com/sls/business/investment/article/home_sales_unexpectedly_rise_in_february/7642/</link>
          <description><![CDATA[
After falling for six straight months, sales of existing homes posted an unexpected increase in February. But the median home price tumbled by the largest amount on record.           ]]></description>
          <pubDate>Mon, 24 Mar 2008 10:13:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/home_sales_unexpectedly_rise_in_february/7642/#When:15:13:00Z</guid>
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         <item>
          <title>Big winners in airwaves action include wireless incumbents</title>
          <link>http://www2.wsls.com/sls/business/investment/article/big_winners_in_airwaves_action_include_wireless_incumbents/7552/</link>
          <description><![CDATA[
AT&amp;T Inc. and Verizon Wireless, the nation&#8217;s two biggest cell phone carriers, bid a combined $16 billion of the record $19.6 billion pledged in the auction, according to an AP analysis of the results. Verizon Wireless bid $9.4 billion while AT&amp;T Inc. bid $6.6 billion.           ]]></description>
          <pubDate>Thu, 20 Mar 2008 15:53:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/big_winners_in_airwaves_action_include_wireless_incumbents/7552/#When:20:53:00Z</guid>
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         <item>
          <title>Jobless claims rise by larger&#45;than&#45;expected amount</title>
          <link>http://www2.wsls.com/sls/business/investment/article/jobless_claims_rise_by_larger_than_expected_amount/7541/</link>
          <description><![CDATA[
The Labor Department said Thursday that applications for jobless benefits totaled 378,000 last week. That was an increase of 22,000 from the previous week and was a far bigger jump than had been expected.           ]]></description>
          <pubDate>Thu, 20 Mar 2008 11:31:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/jobless_claims_rise_by_larger_than_expected_amount/7541/#When:16:31:00Z</guid>
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         <item>
          <title>Lawmaker looking at mandatory reserves for investment banks</title>
          <link>http://www2.wsls.com/sls/business/investment/article/lawmaker_looking_at_mandatory_reserves_for_investment_banks/7504/</link>
          <description><![CDATA[
The chairman of the House Financial Services Committee said Wednesday he will push for stricter federal regulation of investment banks, including making them hold reserves similar to those required of commercial banks.           ]]></description>
          <pubDate>Wed, 19 Mar 2008 17:42:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/lawmaker_looking_at_mandatory_reserves_for_investment_banks/7504/#When:22:42:00Z</guid>
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         <item>
          <title>Wall Street Close Wednesday, March 19th: Stocks plummet</title>
          <link>http://www2.wsls.com/sls/business/investment/article/wall_street_close_wednesday_march_19th/7498/</link>
          <description><![CDATA[
Declining issues outpaced advancers by more than 2 to 1 on the New York Stock Exchange           ]]></description>
          <pubDate>Wed, 19 Mar 2008 16:54:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/wall_street_close_wednesday_march_19th/7498/#When:21:54:00Z</guid>
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         <item>
          <title>U.S. Treasury could profit from $30 billion support of Bear Stearns, though it&#8217;s unlikely</title>
          <link>http://www2.wsls.com/sls/business/investment/article/us_treasury_could_profit_from_30_billion_support_of_bear_stearns_though_its/7444/</link>
          <description><![CDATA[
If money can be made on the deal, a purely private-sector buyout could have been arranged, but &#8220;the markets right now are so opaque, and have been for so long, that investors don&#8217;t know what to believe,&#8220; Mason said.
           ]]></description>
          <pubDate>Tue, 18 Mar 2008 16:56:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/us_treasury_could_profit_from_30_billion_support_of_bear_stearns_though_its/7444/#When:21:56:00Z</guid>
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         <item>
          <title>Delta to offer voluntary severance payouts to 30,000 employees; further cut US capacity</title>
          <link>http://www2.wsls.com/sls/business/investment/article/delta_to_offer_voluntary_severance_payouts_to_30000_employees_further_cut_u/7429/</link>
          <description><![CDATA[
Delta Air Lines, faced with a weak economy, dimmer hopes of a combination with Northwest Airlines and record fuel prices that are eating up profits, said Tuesday it will offer voluntary severance payouts to roughly 30,000 employees - more than half its work force - and cut U.S. capacity by an extra 5 percent.
           ]]></description>
          <pubDate>Tue, 18 Mar 2008 14:25:01 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/delta_to_offer_voluntary_severance_payouts_to_30000_employees_further_cut_u/7429/#When:19:25:01Z</guid>
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         <item>
          <title>Fed lowers funds rate 0.75%</title>
          <link>http://www2.wsls.com/sls/business/investment/article/fed_lowers_funds_rate_075/7427/</link>
          <description><![CDATA[
The latest action brought the federal funds rate - the interest that banks charge each other - down to 2.25 percent, the lowest point since late 2004. It marked the second back-to-back cuts of three-fourths of a percentage point.
           ]]></description>
          <pubDate>Tue, 18 Mar 2008 14:21:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/fed_lowers_funds_rate_075/7427/#When:19:21:00Z</guid>
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         <item>
          <title>CVS Caremark agrees to settle Medicaid fraud claims</title>
          <link>http://www2.wsls.com/sls/business/investment/article/cvs_caremark_agrees_to_settle_medicaid_fraud_claims/7425/</link>
          <description><![CDATA[
Pharmacy chain CVS Caremark Corporation has agreed to pay almost $37 million to the federal government, 23 states including Virginia and the District of Columbia to settle claims it billed Medicaid programs for a more expensive formulation of an antacid.           ]]></description>
          <pubDate>Tue, 18 Mar 2008 12:26:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/cvs_caremark_agrees_to_settle_medicaid_fraud_claims/7425/#When:17:26:00Z</guid>
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         <item>
          <title>With JPMorgan deal to rescue Bear Stearns, market wonders which investment bank may fall next</title>
          <link>http://www2.wsls.com/sls/business/investment/article/with_jpmorgan_deal_to_rescue_bear_stearns_market_wonders_which_investment_b/7371/</link>
          <description><![CDATA[
Despite the weekend agreement for JPMorgan Chase &amp; Co. to buy Bear Stearns for a fraction of its value last week, worries that other banks had sizable exposure to troubled credit markets sent global markets tumbling           ]]></description>
          <pubDate>Mon, 17 Mar 2008 13:32:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/with_jpmorgan_deal_to_rescue_bear_stearns_market_wonders_which_investment_b/7371/#When:18:32:00Z</guid>
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         <item>
          <title>Wall Street at Midday Monday, March 17th &#45; Stocks down, but off lows</title>
          <link>http://www2.wsls.com/sls/business/investment/article/wall_street_at_midday_monday_march_17th_stocks_down_but_off_lows/7362/</link>
          <description><![CDATA[
Wall Street has seen calm today, as investors react to news that JPMorgan Chase &amp; Co. is buying investment house Bear Stearns in a deal backed by the government.           ]]></description>
          <pubDate>Mon, 17 Mar 2008 12:11:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/wall_street_at_midday_monday_march_17th_stocks_down_but_off_lows/7362/#When:17:11:00Z</guid>
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         <item>
          <title>Verizon upgrades DSL speed in Lynchburg</title>
          <link>http://www2.wsls.com/sls/business/investment/article/verizon_upgrades_dsl_speed_in_lynchburg/7350/</link>
          <description><![CDATA[
Verizon has upgraded equipment in several Lynchburg-area locations to more than double the download speed available to some DSL users           ]]></description>
          <pubDate>Mon, 17 Mar 2008 11:12:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/verizon_upgrades_dsl_speed_in_lynchburg/7350/#When:16:12:00Z</guid>
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         <item>
          <title>Lynchburg hotel owners step up renovations to compete with new hotels</title>
          <link>http://www2.wsls.com/sls/business/investment/article/lynchburg_hotel_owners_step_up_renovations_to_compete_with_new_hotels/7349/</link>
          <description><![CDATA[
The increasing number of rooms means hotels could have to compete more for market share, and they might have to struggle to keep rooms full in other times of the year.            ]]></description>
          <pubDate>Mon, 17 Mar 2008 11:10:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/lynchburg_hotel_owners_step_up_renovations_to_compete_with_new_hotels/7349/#When:16:10:00Z</guid>
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         <item>
          <title>Gretna company named to prestigious list of top privately&#45;held businesses</title>
          <link>http://www2.wsls.com/sls/business/investment/article/gretna_company_named_to_prestigious_list_of_top_privately_held_businesses/7344/</link>
          <description><![CDATA[
Fire tankers, tanker trucks that haul propane and gasoline, septic system trucks, waste oil tankers - if it has wheels and a tank on it, odds are the tank was built at Amthor International in Gretna.           ]]></description>
          <pubDate>Mon, 17 Mar 2008 10:57:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/gretna_company_named_to_prestigious_list_of_top_privately_held_businesses/7344/#When:15:57:00Z</guid>
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         <item>
          <title>U.S. stocks head for sharply lower open as markets are left reeling by Bear Stearns buyout</title>
          <link>http://www2.wsls.com/sls/business/investment/article/us_stocks_head_for_sharply_lower_open_as_markets_are_left_reeling_by_bear_s/7336/</link>
          <description><![CDATA[
The stunning implosion of Bear Stearns stirred fear among investors worldwide that other banks had sizable exposure to troubled credit markets. Stocks fell sharply in Asia and Europe and oil prices set fresh records in Asian trading.           ]]></description>
          <pubDate>Mon, 17 Mar 2008 08:52:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/us_stocks_head_for_sharply_lower_open_as_markets_are_left_reeling_by_bear_s/7336/#When:13:52:00Z</guid>
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         <item>
          <title>JPMorgan Close To Buying Bear Stearns</title>
          <link>http://www2.wsls.com/sls/business/investment/article/jpmorgan_close_to_buying_bear_stearns/7328/</link>
          <description><![CDATA[
JPMorgan close to deal to buy Bear           ]]></description>
          <pubDate>Sun, 16 Mar 2008 19:10:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/jpmorgan_close_to_buying_bear_stearns/7328/#When:00:10:00Z</guid>
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         <item>
          <title>United Airlines increases fares by up to $50 round&#45;trip to cover fuel; Continental matches</title>
          <link>http://www2.wsls.com/sls/business/investment/article/united_airlines_increases_fares_by_up_to_50_round_trip_to_cover_fuel_contin/7259/</link>
          <description><![CDATA[
United Airlines said Friday it boosted its ticket prices by as much as much as $50 round-trip, raising the stakes in the airline industry&#8217;s battle against rapidly rising fuel costs.
           ]]></description>
          <pubDate>Fri, 14 Mar 2008 15:13:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/united_airlines_increases_fares_by_up_to_50_round_trip_to_cover_fuel_contin/7259/#When:20:13:00Z</guid>
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         <item>
          <title>Paulson says U.S. blueprint calls for stronger oversight of mortgage lenders</title>
          <link>http://www2.wsls.com/sls/business/investment/article/paulson_says_us_blueprint_calls_for_stronger_oversight_of_mortgage_lenders/7196/</link>
          <description><![CDATA[
&#8220;The objective here is to get the balance right &#8212; regulation needs to catch up with innovation and help restore investors confidence but not go so far as to create new problems, make our markets less efficient or cut off credit to those who need it,&#8220; Treasury Secretary Henry Paulson said.           ]]></description>
          <pubDate>Thu, 13 Mar 2008 09:42:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/paulson_says_us_blueprint_calls_for_stronger_oversight_of_mortgage_lenders/7196/#When:14:42:00Z</guid>
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         <item>
          <title>Gas prices rise to new national record, driven by crude oil&#8217;s own record&#45;breaking rally</title>
          <link>http://www2.wsls.com/sls/business/investment/article/gas_prices_rise_to_new_national_record_driven_by_crude_oils_own_record_brea/7075/</link>
          <description><![CDATA[
The cost of filling up the family car climbed to a record high Tuesday, adding to the challenges consumers already face with falling home values and rising food prices.           ]]></description>
          <pubDate>Tue, 11 Mar 2008 15:39:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/gas_prices_rise_to_new_national_record_driven_by_crude_oils_own_record_brea/7075/#When:20:39:00Z</guid>
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         <item>
          <title>Kroger 4th&#45;quarter profit drops; results top estimates</title>
          <link>http://www2.wsls.com/sls/business/investment/article/kroger_4th_quarter_profit_drops_results_top_estimates/7073/</link>
          <description><![CDATA[
The grocery chain Kroger Company says its fourth-quarter profits slipped 16 percent, partly because of one fewer week in the period than the previous year.
           ]]></description>
          <pubDate>Tue, 11 Mar 2008 15:33:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/kroger_4th_quarter_profit_drops_results_top_estimates/7073/#When:20:33:00Z</guid>
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         <item>
          <title>Altria looks to growth in Marlboro brand, smokeless products</title>
          <link>http://www2.wsls.com/sls/business/investment/article/altria_looks_to_growth_in_marlboro_brand_smokeless_products/7066/</link>
          <description><![CDATA[
In an investor presentation today, Altria projected that cigarette sales volume will fall between 2.5 percent to 3 percent in the U.S. over the next few years.           ]]></description>
          <pubDate>Tue, 11 Mar 2008 12:22:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/altria_looks_to_growth_in_marlboro_brand_smokeless_products/7066/#When:17:22:00Z</guid>
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         <item>
          <title>Verizon&#8217;s new $99 unlimited calling plan boosting subscribers</title>
          <link>http://www2.wsls.com/sls/business/investment/article/verizons_new_99_unlimited_calling_plan_boosting_subscribers/7045/</link>
          <description><![CDATA[
After Verizon unveiled the plan three weeks ago, AT&amp;T matched it within hours, followed by T-Mobile USA           ]]></description>
          <pubDate>Mon, 10 Mar 2008 18:26:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/verizons_new_99_unlimited_calling_plan_boosting_subscribers/7045/#When:23:26:00Z</guid>
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         <item>
          <title>Wall Street Close, Monday March 10th: Stocks stumble as oil reaches another high</title>
          <link>http://www2.wsls.com/sls/business/investment/article/wall_street_close_monday_march_10th_stocks_stumble_as_oil_reaches_another_h/7044/</link>
          <description><![CDATA[
It was the third straight triple-digit decline for the Dow, which has lost a total of more than 530 points in three days.           ]]></description>
          <pubDate>Mon, 10 Mar 2008 18:24:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/wall_street_close_monday_march_10th_stocks_stumble_as_oil_reaches_another_h/7044/#When:23:24:00Z</guid>
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         <item>
          <title>Sprint Phone First to Use Fast Network</title>
          <link>http://www2.wsls.com/sls/business/investment/article/sprint_phone_first_to_use_fast_network/7018/</link>
          <description><![CDATA[
Sprint said Monday it was releasing a software update for the Mogul phone, made by HTC Corp. of Taiwan, that will enable the phone to connect at Rev. A speeds. Downloads speeds should be 600 kilobits per second to 1,400 kbps. It will be capable of uploads of 350 to 500 kbps.           ]]></description>
          <pubDate>Mon, 10 Mar 2008 14:12:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/sprint_phone_first_to_use_fast_network/7018/#When:19:12:00Z</guid>
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         <item>
          <title>Volkswagen outlines big plans for U.S.</title>
          <link>http://www2.wsls.com/sls/business/investment/article/volkswagen_outlines_big_plans_for_us/6973/</link>
          <description><![CDATA[
Stefan Jacoby, chief executive of Volkswagen Group of America, said yesterday that his goal is to sell 1 million vehicles annually by 2018&#8212;800,000 from the Volkswagen brand and 200,000 from the Audi brand.           ]]></description>
          <pubDate>Sat, 08 Mar 2008 13:09:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/volkswagen_outlines_big_plans_for_us/6973/#When:18:09:00Z</guid>
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         <item>
          <title>2 Circuit City leaders out</title>
          <link>http://www2.wsls.com/sls/business/investment/article/2_circuit_city_leaders_out/6942/</link>
          <description><![CDATA[
The departure of two high-level executives at Circuit City Stores Inc. had nothing to do with recent rumblings from disgruntled shareholder Mark Wattles, a company spokesman said           ]]></description>
          <pubDate>Fri, 07 Mar 2008 13:32:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/2_circuit_city_leaders_out/6942/#When:18:32:00Z</guid>
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         <item>
          <title>Apple tweaks iPhone for business uses, seeking competitive edge</title>
          <link>http://www2.wsls.com/sls/business/investment/article/apple_tweaks_iphone_for_business_uses_seeking_competitive_edge/6918/</link>
          <description><![CDATA[
To help fuel that transformation, the company is teaming with a prominent venture capital firm to offer $100 million to lure developers to the iPhone to create the next generation of applications.
           ]]></description>
          <pubDate>Thu, 06 Mar 2008 18:52:01 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/apple_tweaks_iphone_for_business_uses_seeking_competitive_edge/6918/#When:23:52:01Z</guid>
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         <item>
          <title>Circuit City extends HD&#45;DVD player return time as Blu&#45;ray wins</title>
          <link>http://www2.wsls.com/sls/business/investment/article/circuit_city_extends_hd_dvd_player_return_time_as_blu_ray_wins/6916/</link>
          <description><![CDATA[
A spokesman for the nation&#8217;s No. 2 electronics retailer says the company&#8217;s stores are accepting returns of HD DVD players within 90 days of purchase, instead of 30 days. The policy doesn&#8217;t apply to HD DVD movie discs.
           ]]></description>
          <pubDate>Thu, 06 Mar 2008 18:28:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/circuit_city_extends_hd_dvd_player_return_time_as_blu_ray_wins/6916/#When:23:28:00Z</guid>
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         <item>
          <title>Economy Watch: Factory orders drop, service sector activity shrinks</title>
          <link>http://www2.wsls.com/sls/business/investment/article/economy_watch_factory_orders_drop_service_sector_activity_shrinks/6832/</link>
          <description><![CDATA[
U.S. factories saw demand for their products drop sharply, while the country&#8217;s service sector contracted, fresh evidence of an economy hobbled by housing and credit crises.
           ]]></description>
          <pubDate>Wed, 05 Mar 2008 16:36:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/economy_watch_factory_orders_drop_service_sector_activity_shrinks/6832/#When:21:36:00Z</guid>
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          <title>U.S. official says speculation blamed for oil price surge</title>
          <link>http://www2.wsls.com/sls/business/investment/article/us_official_says_speculation_blamed_for_oil_price_surge/6725/</link>
          <description><![CDATA[
A top Energy Department official says market speculation may be adding as much as $12 to the price of crude oil and that prices may not yet have peaked.           ]]></description>
          <pubDate>Tue, 04 Mar 2008 11:16:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/us_official_says_speculation_blamed_for_oil_price_surge/6725/#When:16:16:00Z</guid>
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          <title>Fed Chairman says more needs to be done to prevent home foreclosures</title>
          <link>http://www2.wsls.com/sls/business/investment/article/fed_chairman_says_more_needs_to_be_done_to_prevent_home_foreclosures/6719/</link>
          <description><![CDATA[
Even with some relief efforts under way by industry and government, foreclosures and late payments on home mortgages are likely to rise &#8220;for a while longer,&#8220; Ben Bernanke warned.           ]]></description>
          <pubDate>Tue, 04 Mar 2008 10:35:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/fed_chairman_says_more_needs_to_be_done_to_prevent_home_foreclosures/6719/#When:15:35:00Z</guid>
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         <item>
          <title>Wall Street Close Monday, March 3rd: Stocks settle mostly lower</title>
          <link>http://www2.wsls.com/sls/business/investment/article/wall_street_close_monday_march_3rd_stocks_settle_mostly_lower/6693/</link>
          <description><![CDATA[
Declining issues led advancers by a 17-to-14 margin on the New York Stock Exchange           ]]></description>
          <pubDate>Mon, 03 Mar 2008 17:16:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/wall_street_close_monday_march_3rd_stocks_settle_mostly_lower/6693/#When:22:16:00Z</guid>
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         <item>
          <title>Car sales slump in U.S.</title>
          <link>http://www2.wsls.com/sls/business/investment/article/car_sales_slump_in_us/6676/</link>
          <description><![CDATA[
General Motors Corp. and Ford Motor Co. said Monday they would cut second quarter production in the face of falling U.S. sales and weakened consumer confidence, while Toyota Motor Corp. said plummeting sales of sport utility vehicles and large sedans contributed to its 3 percent drop in U.S. sales for February.
           ]]></description>
          <pubDate>Mon, 03 Mar 2008 15:20:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/car_sales_slump_in_us/6676/#When:20:20:00Z</guid>
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         <item>
          <title>Wall Street at midday Monday: Stocks lower at midday</title>
          <link>http://www2.wsls.com/sls/business/investment/article/wall_street_at_midday_monday_stocks_lower_at_midday/6662/</link>
          <description><![CDATA[
Decliners on the New York Stock Exchange hold an 8 to 7 lead over advancers.           ]]></description>
          <pubDate>Mon, 03 Mar 2008 12:13:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/wall_street_at_midday_monday_stocks_lower_at_midday/6662/#When:17:13:00Z</guid>
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          <title>Oil jumps to a new record above $103</title>
          <link>http://www2.wsls.com/sls/business/investment/article/oil_jumps_to_a_new_record_above_103/6649/</link>
          <description><![CDATA[
Oil prices surged to a new record high Monday as the dollar weakened to another low against the euro           ]]></description>
          <pubDate>Mon, 03 Mar 2008 11:03:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/oil_jumps_to_a_new_record_above_103/6649/#When:16:03:00Z</guid>
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          <title>Survey shows manufacturing activity falling in February</title>
          <link>http://www2.wsls.com/sls/business/investment/article/survey_shows_manufacturing_activity_falling_in_february/6648/</link>
          <description><![CDATA[
U.S. manufacturing activity declined in February to its weakest level in nearly five years, an industry group survey showed Monday, heralding more instability in the job market and further frailty in the overall economy.           ]]></description>
          <pubDate>Mon, 03 Mar 2008 11:03:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/survey_shows_manufacturing_activity_falling_in_february/6648/#When:16:03:00Z</guid>
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          <title>Construction spending plunges in January by most in 14 years</title>
          <link>http://www2.wsls.com/sls/business/investment/article/construction_spending_plunges_in_january_by_most_in_14_years/6647/</link>
          <description><![CDATA[
Construction spending took its biggest nosedive in 14 years and manufacturing activity contracted, fresh trouble signs for a struggling economy.           ]]></description>
          <pubDate>Mon, 03 Mar 2008 11:02:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/construction_spending_plunges_in_january_by_most_in_14_years/6647/#When:16:02:00Z</guid>
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         <item>
          <title>FNB to change name to StellarOne Bank</title>
          <link>http://www2.wsls.com/sls/business/investment/article/fnb_to_change_name_to_stellarone_bank/6571/</link>
          <description><![CDATA[
StellarOne Corp. has completed a merger of equals between Virginia Financial Group Inc. and FNB Corp.&nbsp; The combined companies adopted the StellarOne name, and the new company began trading yesterday on the Nasdaq market under the symbol STEL.
           ]]></description>
          <pubDate>Fri, 29 Feb 2008 17:22:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/fnb_to_change_name_to_stellarone_bank/6571/#When:22:22:00Z</guid>
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         <item>
          <title>Investor calls for new Circuit City directors</title>
          <link>http://www2.wsls.com/sls/business/investment/article/investor_calls_for_new_circuit_city_directors/6569/</link>
          <description><![CDATA[
Disgruntled investor Mark Wattles, who owns 6.5 percent of the chain, submitted a proposal that each board member besides the five nominated by the firm should be removed, according to a statement distributed this morning.           ]]></description>
          <pubDate>Fri, 29 Feb 2008 17:16:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/investor_calls_for_new_circuit_city_directors/6569/#When:22:16:00Z</guid>
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         <item>
          <title>Transportation Department investigators find lax oversight of aircraft parts suppliers</title>
          <link>http://www2.wsls.com/sls/business/investment/article/transportation_department_investigators_find_lax_oversight_of_aircraft_part/6564/</link>
          <description><![CDATA[
Regulators and aircraft manufacturers are not keeping adequate tabs on the quality of plane parts made domestically and abroad, potentially raising risks for fliers, government investigators said in a report released Friday.           ]]></description>
          <pubDate>Fri, 29 Feb 2008 16:58:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/transportation_department_investigators_find_lax_oversight_of_aircraft_part/6564/#When:21:58:00Z</guid>
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         <item>
          <title>Fed announces March auctions to banks combat credit crisis</title>
          <link>http://www2.wsls.com/sls/business/investment/article/fed_announces_march_auctions_to_banks_combat_credit_crisis/6534/</link>
          <description><![CDATA[
The Federal Reserve announced Friday that it will auction another $60 billion in March as it continues to combat the effects of a severe credit crisis. It repeated a pledge to keep holding the auctions &#8220;for as long as necessary.&#8220;
           ]]></description>
          <pubDate>Fri, 29 Feb 2008 12:29:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/fed_announces_march_auctions_to_banks_combat_credit_crisis/6534/#When:17:29:00Z</guid>
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          <title>GM temporarily shuts 3 more plants as impact widens from strike at parts maker</title>
          <link>http://www2.wsls.com/sls/business/investment/article/gm_temporarily_shuts_3_more_plants_as_impact_widens_from_strike_at_parts_ma/6531/</link>
          <description><![CDATA[
General Motors Corp. says it will temporarily shut down three more pickup truck factories due to a strike at a key parts supplier           ]]></description>
          <pubDate>Fri, 29 Feb 2008 12:07:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/gm_temporarily_shuts_3_more_plants_as_impact_widens_from_strike_at_parts_ma/6531/#When:17:07:00Z</guid>
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         <item>
          <title>Oil prices jump to records above $102</title>
          <link>http://www2.wsls.com/sls/business/investment/article/oil_prices_jump_to_records_above_102/6489/</link>
          <description><![CDATA[
Crude prices extended their march into record high territory Thursday, shooting up more than $2 a barrel as a falling dollar and the prospect of lower interest rates attracted more investors to the oil market. Retail gas prices, meanwhile, rose closer to records above $3 a gallon.
           ]]></description>
          <pubDate>Thu, 28 Feb 2008 15:39:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/oil_prices_jump_to_records_above_102/6489/#When:20:39:00Z</guid>
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         <item>
          <title>Fed chairman learning to navigate treacherous economic and political waters</title>
          <link>http://www2.wsls.com/sls/business/investment/article/fed_chairman_learning_to_navigate_treacherous_economic_and_political_waters/6488/</link>
          <description><![CDATA[
Federal Reserve Chairman Ben Bernanke is proving to be a quick study in navigating a treacherous housing slump and credit crisis that could push the economy into a recession. He also seems to be learning fast on an equally perilous course - avoiding political land mines in Washington.
           ]]></description>
          <pubDate>Thu, 28 Feb 2008 15:27:01 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/fed_chairman_learning_to_navigate_treacherous_economic_and_political_waters/6488/#When:20:27:01Z</guid>
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         <item>
          <title>Fed chief dismisses worries about US economy returning to 1970&#8217;s style &#8220;stagflation&#8221;</title>
          <link>http://www2.wsls.com/sls/business/investment/article/fed_chief_dismisses_worries_about_us_economy_returning_to_1970s_style_stagf/6476/</link>
          <description><![CDATA[
High energy prices and rising inflation do complicate the Fed&#8217;s job of trying to keep the economy growing and inflation contained, Ben Bernanke acknowledged.           ]]></description>
          <pubDate>Thu, 28 Feb 2008 13:26:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/fed_chief_dismisses_worries_about_us_economy_returning_to_1970s_style_stagf/6476/#When:18:26:00Z</guid>
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         <item>
          <title>Treasury Secretary says various housing proposals would do more harm than good</title>
          <link>http://www2.wsls.com/sls/business/investment/article/treasury_secretary_says_various_housing_proposals_would_do_more_harm_than_g/6475/</link>
          <description><![CDATA[
While he said that while the housing problem remains the biggest downside risk to the economy, the issue needed to be put in perspective. Paulson said that 93 percent of all mortgages are being paid on time and that less than 2 percent are in foreclosure.           ]]></description>
          <pubDate>Thu, 28 Feb 2008 13:25:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/treasury_secretary_says_various_housing_proposals_would_do_more_harm_than_g/6475/#When:18:25:00Z</guid>
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         <item>
          <title>Smithfield Foods profit dips, but beats Wall Street expectations</title>
          <link>http://www2.wsls.com/sls/business/investment/article/smithfield_foods_profit_dips_but_beats_wall_street_expectations/6461/</link>
          <description><![CDATA[
Virginia pork producer Smithfield Foods said today that third-quarter profits fell about 10 percent on lower live hog prices and a higher tax rate, but results beat expectations handily.           ]]></description>
          <pubDate>Thu, 28 Feb 2008 11:46:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/smithfield_foods_profit_dips_but_beats_wall_street_expectations/6461/#When:16:46:00Z</guid>
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         <item>
          <title>More people sign up for unemployment benefits</title>
          <link>http://www2.wsls.com/sls/business/investment/article/more_people_sign_up_for_unemployment_benefits/6454/</link>
          <description><![CDATA[
The Labor Department reported Thursday that new applications for unemployment benefits rose by 19,000 to 373,000 last week. The increase was larger than many economists were expecting.            ]]></description>
          <pubDate>Thu, 28 Feb 2008 10:34:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/more_people_sign_up_for_unemployment_benefits/6454/#When:15:34:00Z</guid>
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         <item>
          <title>Huge 4th quarter loss for Sprint&#45;Nextel</title>
          <link>http://www2.wsls.com/sls/business/investment/article/huge_4th_quarter_loss_for_sprint_nextel/6452/</link>
          <description><![CDATA[
The Virginia based company says much of the loss came from writing down most of the remaining value of its 2005 purchase of Nextel Communications.           ]]></description>
          <pubDate>Thu, 28 Feb 2008 10:32:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/huge_4th_quarter_loss_for_sprint_nextel/6452/#When:15:32:00Z</guid>
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         <item>
          <title>Dollar sinks to new low in Europe as U.S. economy slows to near halt</title>
          <link>http://www2.wsls.com/sls/business/investment/article/dollar_sinks_to_new_low_in_europe_as_us_economy_slows_to_near_halt/6450/</link>
          <description><![CDATA[
The 15-nation euro bought $1.5150 in early European trading - up from $1.5120 in New York the previous night and above a record $1.5143 reached earlier Wednesday.&nbsp; The euro gave up a little ground and was trading at $1.5122, still above Wednesday&#8217;s close.           ]]></description>
          <pubDate>Thu, 28 Feb 2008 10:30:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/dollar_sinks_to_new_low_in_europe_as_us_economy_slows_to_near_halt/6450/#When:15:30:00Z</guid>
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         <item>
          <title>Economy skids to near halt in final quarter of 2007</title>
          <link>http://www2.wsls.com/sls/business/investment/article/economy_skids_to_near_halt_in_final_quarter_of_2007/6449/</link>
          <description><![CDATA[
The economy skidded to a near halt in the final quarter of last year, clobbered by dual slumps in housing and credit that caused people and businesses to spend and invest more sparingly.           ]]></description>
          <pubDate>Thu, 28 Feb 2008 10:29:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/economy_skids_to_near_halt_in_final_quarter_of_2007/6449/#When:15:29:00Z</guid>
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         <item>
          <title>Wall Street Close Wednesday, February 27th: Stocks end little changed from open</title>
          <link>http://www2.wsls.com/sls/business/investment/article/wall_street_close_wednesday_february_27th_stocks_end_little_changed_from_op/6420/</link>
          <description><![CDATA[
Stocks rallied after Federal Reserve Chairman Ben Bernanke signaled a willingness to lower interest rates further.&nbsp; But the market settled narrowly mixed.           ]]></description>
          <pubDate>Wed, 27 Feb 2008 16:39:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/wall_street_close_wednesday_february_27th_stocks_end_little_changed_from_op/6420/#When:21:39:00Z</guid>
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         <item>
          <title>Dodge &amp;amp; Cox builds a buzz with creation of new fund</title>
          <link>http://www2.wsls.com/sls/business/investment/article/dodge_cox_builds_a_buzz_with_creation_of_new_fund/6399/</link>
          <description><![CDATA[
Dodge &amp; Cox Global Stock fund will follow the firm&#8217;s valueand team-oriented strategy to pick stocks from around the world. It will invest in midto large-sized companies from at least three different countries and will keep at least 40 percent of its assets in non-U.S. stocks           ]]></description>
          <pubDate>Wed, 27 Feb 2008 12:39:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/dodge_cox_builds_a_buzz_with_creation_of_new_fund/6399/#When:17:39:00Z</guid>
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         <item>
          <title>New home sales fall for third straight month</title>
          <link>http://www2.wsls.com/sls/business/investment/article/new_home_sales_fall_for_third_straight_month/6370/</link>
          <description><![CDATA[
In more bad news for the beleaguered housing industry, sales of new homes fell in January for a third straight month, pushing activity down to the slowest pace in nearly 13 years.           ]]></description>
          <pubDate>Wed, 27 Feb 2008 10:29:00 EST</pubDate>
<guid>http://www2.wsls.com/sls/business/investment/article/new_home_sales_fall_for_third_straight_month/6370/#When:15:29:00Z</guid>
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