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December 2008 Archives

December 31, 2008

BERRYVILLE -- The holding company for Bank of Clarke County has announced it will not accept a capital investment from the U.S. Treasury Department.

December 27, 2008

FRONT ROYAL -- Ashley Hartnett and Leigh Snyder wrap the wireless game controllers around their wrists and fix their gaze on the wall-mounted LCD monitor in front of them, where a pair of female badminton players are set to do battle.

December 24, 2008

Everyone loves a gift card, right? They're always the right color, and they're never too large or too small. But this season, with the economy steeped in recession, the same shoestring budgets that are limiting shoppers to bargain hunting are taking a toll on prepaid plastic.

December 20, 2008

WINCHESTER -- The Shockey Cos.' precast concrete division cut 32 positions this week in response to the crumbling economy.

WINCHESTER -- Shenandoah University has three of the nation's best graduate programs in the health sciences, according to U.S. News & World Report. Shenandoah's graduate-level physician assistant studies program ranked No. 23 out of 73 schools on the magazine's recently published list. "We are very...

WINCHESTER -- Local job growth turned negative in the 12-month period that ended in October due to recent factory layoffs, according to the Virginia Employment Commission.

WOODSTOCK -- Comfort Inn Woodstock is donating five free-room nights to Shenandoah Memorial Hospital this holiday season.

HARRISONBURG -- Farm operators can learn ways to save on electricity and fuel costs at a workshop next month.

December 17, 2008

WINCHESTER -- After nearly 20 years of managing War Memorial Hospital in Berkeley Springs, W.Va., Valley Health has reached an agreement with Morgan County commissioners to purchase the facility for $2.75 million.

MOOREFIELD, W.Va. -- Summit Financial Group on Tuesday announced the termination of its agreement to acquire Greater Atlantic Bank of Reston.

FRONT ROYAL -- Five months after opening a Holiday Inn, Blue Ridge Shadows Hotel and Conference Center LLC has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court.

December 13, 2008

WINCHESTER -- The sign above the checkouts at Sears in Apple Blossom Mall lists all the familiar transactions: cash, check and credit card purchases, account payments and returns.

FRONT ROYAL -- Window dressing. A clean appearance. Service with a smile. Rewarding your loyal customers. These are just a few of the basic strategies that small businesses can initiate at little to no cost to boost their earning potential.

December 10, 2008

Local economic development offices will have to make do with the same or, in some cases, less funding for fiscal year 2010 as jurisdictions struggle to meet their obligations.

Two out-of-town banks with a significant local presence have said they will participate in a government capital infusion plan aimed at increasing available credit to businesses and consumers. The parent companies of BB&T and United Bank have received preliminary approval to receive up to $3.1...

Winchester-area unemployment fell slightly to 4.2 percent in October, as seasonal employment gains offset rising jobless claims, according to the Virginia Employment Commission. Virginia's 10 metropolitan areas showed relatively little change in unemployment from September to October. Winchester, which for employment purposes includes the city,...

EDINBURG -- Shentel has completed the acquisition of Rapid Communications' cable assets and customers in Virginia and West Virginia. The deal includes the rights to 50 of Rapid's former cable TV franchise areas, mostly clustered around Covington, Summersville, W.Va., and Weston, W.Va. Beginning early next...

December 8, 2008

By Elizabeth Wilkerson -- Daily Staff Writer EDINBURG -- A family business is nearly ready to open its new home to the public, its president said Thursday. "When you call this a family business, that's exactly what it is," said Hoyle Laughlin, president of Laughlin...

December 5, 2008

STEPHENSON -- The McDonald's restaurant on Martinsburg Pike will close Monday after 30 years of business, but customers won't have to go far to find another outlet. A new McDonald's will open Thursday at Rutherford Crossing, a few hundred yards away from the current location,...

December 3, 2008

WINCHESTER -- The Top of Virginia Regional Chamber's new executive says he wants to help businesses large and small through the tough economic times.











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