• Financial Crisis Headlines
Honeywell to expand Va. operation

Honeywell plans to spend $27.5 million to increase its Chesterfield County operation's production capability.

Minority business contracts increase

Hampton has nearly quadrupled the number of contracts awarded to minority and women-owned businesses in the past year.

Commerce secretary visits Norfolk plant

The U.S. secretary of commerce is in Virginia to begin selling President Barack Obama's election-year economic proposals.

Rep. Smith defends anti-piracy bill

The author of the anti-Internet piracy legislation that sparked a worldwide wave of online protests Wednesday said the measure is being misrepresented by its

Time Lounge closing for new retailer

Time Lounge in downtown Norfolk will be closing this week to make room for the new Urban Outfitters set to open this summer.

Four local Bottom Dollar stores closing

The company that owns Food Lion, Bloom, and Bottom Dollar announced that it will be closing 126 stores nationwide, including four Bottom Dollar Food stores in

Va. Beach listed as best run city in America

The financial news website, 24/7 Wall St., named Virginia Beach as the best run city in America.

Gov. outlines job creation initiatives

Gov. Bob McDonnell is hoping nearly $37 million in additional funding in his proposed two-year state budget will help spur economic development and create

Progress Energy CEO to speak at forum

The chief executive officer of Progress Energy is among those speaking at the Economic Forecast Forum in Research Triangle Park.

Silver Diner, 3 other restaurants close

The final two Silver Diner restaurants in Hampton Roads have closed. The restaurants in Newport News and Virginia Beach closed on January 1 and did not reopen

Verizon to charge $2 for bill payments

Verizon Wireless, the country's largest cellphone company, is introducing a $2 fee for every payment subscribers make over the phone or online with their

Dominion Power plans center in Halifax

Dominion Virginia Power plans to open a customer care center in Halifax County that's expected to create 150 jobs.

Amazon to open Va distribution centers

Amazon.com plans to invest $135 million in two distribution centers that it will open in the Richmond area in 2012.

NC jobless rate dips to 10 percent

North Carolina's unemployment rate has dipped to 10 percent, the lowest since June, as the private sector added roughly 4,600 jobs.

Gear maker to expand VB operation

Automotive gear assembly maker IMS Gear Virginia Inc. is planning a $35.5 million expansion of its Virginia Beach production facility.

Krispy Kreme shop opening in Portsmouth

Krispy Kreme is bringing its doughnuts to Portsmouth with a new shop opening on Victory Boulevard.

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