November 10, 2009
Federal Reserve warns weak recovery won’t spur jobs
Unemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warnedNovember 09, 2009
Study says state could benefit by trimming tax breaks
The Commonwealth Institute, economic research arm of the liberal Virginia Interfaith Center, says the state currently loses $2.5 billion a year to tax cuts and credits,November 05, 2009
Federal official says economic stimulus is helping Virginia‘s small businesses
The SBA has provided more than 2,000 loans worth nearly $280 million to the state's small entrepreneursNovember 02, 2009
Southside manufacturers see increase in business
Local manufacturers say they’re seeing marginal to substantial growth in business, yet still remain cautious about the economy.October 28, 2009
Requests rising for winter heating help
In the past two weeks, more than 6,000 people in the Lynchburg area have asked for winter heating fuel assistanceOctober 25, 2009
Anonymous donation makes for rent-free local nonprofits
Several non-profit groups in Franklin County celebrated a new building on Sunday. It will be rent-free thanks to an anonymous donation.October 23, 2009
Going ‘green’ could help Southside
Generating renewable energy from local sources could help rural areas like Southside, business leaders told policymakersOctober 22, 2009
Wythe County leaders agree to cover state cutbacks
Harsh words turned into happy grins and accusations turned into exaltations as the county committed up to $126,478 to ensure that government employees won’t be shown the doorNautilus may close Grayson Co. plant
Workers were served with a Warn Act notice on TuesdayOctober 21, 2009
Intermet to close foundry in Radford
76 people will lose their jobsMohawk Industries to close Waynesboro plant
The move will leave its last 120 employees without jobsOctober 15, 2009
Bassett Furniture to close fiberboard plant in Bassett
The company's CEO blames low demand for medium density fiberboardVirginia foreclosures up 4.1% from last year
RealtyTrac also said that foreclosure filings in the state increased 10 percent in September from the same month a year ago but dropped 3.7 percent from AugustEconomy in crisis: 514,000 new unemployment claims, inflation remains muted
New jobless claims dropped to the lowest level since January and the prices of many household goods stayed low last monthOctober 14, 2009
