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businessMay 2009 ArchivesMay 30, 2009Winchester-area unemployment fell six-tenths of a point to 8 percent in April. Most of the local job gains were in services, and losses in the goods-producing sector totaled only 100, according to Virginia Employment Commission data. RICHMOND -- The State Corporation Commission on Friday directed Embarq to reduce gradually the charges it imposes on other telephone companies to connect to its local network. May 27, 2009May 23, 2009Last year, runaway gas prices and a crumbling economy kept many would-be travelers at home.Allegheny Power customers in the Northern Shenandoah Valley will see their bills go up an average of 6 percent beginning this summer. Openings The Wine Cellar is now open on the lower level of the Edinburg Village Shop at 201 S. Main St. The shop features wines from Virginia, California, Oregon and Washington as well as premier vintages from France, Germany, Italy, Australia, Argentina and South Africa.... May 20, 2009WINCHESTER -- A new shopping center planned for the city nearly 10 years ago could finally move forward. RICHMOND -- The State Corporation Commission has approved a merger plan involving Embarq, the parent company of two Virginia local telephone carriers. MT. JACKSON -- The inaugural Shenandoah County Chamber Challenge Golf Tournament was held May 13 at Bryce Resort. Small businesses suffering financial hardship as a result of the slow economy may be eligible to receive temporary relief through a new loan program administered by the Small Business Administration. WINCHESTER -- The U.S. Postal Service will hold a Passport Fair on Thursday from 1 to 6 p.m. at Schrock Travel at 220 Imboden Drive in Winchester. May 19, 2009May 16, 2009NEW YORK -- General Motors Corp. on Friday told about 1,100 dealers, or nearly 20 percent of its U.S. network, that they will be fired by the automaker late next year because their sales are weak.May 15, 2009May 13, 2009WINCHESTER -- Despite an ailing economy, demand for health care in the Northern Shenandoah Valley remains strong.Shenandoah Valley Electric Cooperative will pick up Page County, Winchester and portions of Warren, Frederick and Highland counties as a result of Allegheny Power's planned divestiture of its Virginia operations. WINCHESTER -- The Top of Virginia Regional Chamber has released a statement expressing its concern about the U.S. Postal Service's plans to consolidate bulk mail processing from the Pleasant Valley Road post office to a regional mailing center near Washington Dulles International Airport. MIDDLETOWN -- Lord Fairfax Community College searched the country for a dean of learning for humanities, mathematics and social sciences. FRONT ROYAL -- Edward Jones financial adviser George Karnes II will host a seminar Virginia's second Hurricane Preparedness Sales Tax Holiday will take place May 25-31. May 12, 2009BERRYVILLE -- Berryville Graphics will lay off 47 workers over the next three months in an effort to streamline operations and maintain its long-term viability, company officials said Monday.May 9, 2009WINCHESTER -- A local contracting firm is suing the George Washington Hotel to recover what it claims is an unpaid balance of more than $34,000 for renovation work. BB&T announced Thursday that its capital levels are more than sufficient and exceed the government's minimum stress-test requirements, according to a report issued by federal regulatory agencies following a rigorous examination of the nation's 19 largest financial institutions. LINDEN -- The Apple House has expanded its operations to include a frozen custard stand. FRONT ROYAL -- The River 95.3 FM and WFTR-AM 1450 will air a new radio program, "Ritmo Latino," on Saturday and Sunday mornings, beginning today. Virginia Cooperative Extension will host the 2009 Women in Agriculture Conference on May 20 from 8 a.m. to 4:30 p.m. at the Plecker Workforce Center at Blue Ridge Community College in Weyers Cave. May 6, 2009Just as local General Motors and Chrysler dealerships find themselves at the mercy of their struggling corporate parents, area parts suppliers are anxiously awaiting some good news out of Detroit. EDINBURG -- Shentel swung to a loss in the first quarter after recording a $10.7 million write-off after taxes from its discontinued converged services unit. FRONT ROYAL -- AT&T has activated four new cell sites in the area to expand and enhance customers' wireless network experience. May 2, 2009MIDDLETOWN -- Lord Fairfax Community College is offering people the chance to become a middle- or high school teacher through the Career Switchers Program. More than 40 federal agencies and private-sector companies will participate in a job fair on May 7 in Loudoun County hosted by Rep. Frank Wolf, R-10th. MOOREFIELD, W.Va. -- Summit Financial Group saw a 52 percent drop in earnings in the first quarter, primarily due to a higher allowance for losses from construction and development loans. WINCHESTER -- Composite decking, railing and fencing manufacturer Trex reported a loss of $3.1 million, or 21 cents a share, for the first quarter on a sharp drop-off in sales. WINCHESTER -- After topping out at a revised 9.1 percent in February, the local jobless rate fell four-tenths of a point in March, according to a Virginia Employment Commission report. WINCHESTER -- The Shockey Cos. CEO William F. Simmons III officially retired this week as one of the firm's longest-tenured leaders. May 1, 2009 |
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