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businessLocal BusinessSeptember 23, 2009Executives at several top local companies took a pay cut last year -- in the form of smaller bonuses and depleted stock options -- in a nod to the economic downturn.September 19, 2009
WINCHESTER -- This year's apple crop is a mixed bag, depending on which side of the equation you fall on.
STEPHENS CITY -- Backstage Video will pull the plug on its store in the Food Lion shopping center next month.
FRONT ROYAL -- Valley Connector, a regional shuttle and commuter bus service, will offer a free ride Tuesday to all passengers on Car Free Day as part of Virginia's second-annual Try Transit Week. WINCHESTER -- The Top of Virginia Regional Chamber's 2009 Business Showcase will be held at Apple Blossom Mall on Sept. 26 from 10 a.m. to 5 p.m. September 16, 2009
FRONT ROYAL -- An economist and former budget director under President Reagan told a group of investors Tuesday that the federal stimulus package isn't working, and a full economic recovery is still years away.
WINCHESTER -- Shenandoah University will create a Free Markets Scholars program in conjunction with BB&T Corp. WINCHESTER -- Rep. Frank Wolf, R-10th, will host a job fair on Oct. 19 from 11 a.m. to 3 p.m. at the newly opened Virginia Army National Guard Armory near the airport. September 15, 2009
WINCHESTER -- The city is moving forward with plans to take over the crumbled Taylor Hotel property after developer Denver Quinnelly failed to provide an acceptable plan for its rehabilitation.
September 12, 2009
WINCHESTER -- Shenandoah University's maintenance department received a jolt this week.
WINCHESTER -- A developer owes money and land to Frederick County included as proffers for a housing project approved years ago, a recently filed lawsuit claims. Area residents who are experiencing problems receiving network TV signals since the transition to digital-only broadcasting have an advocate in Washington, and, for some, a solution is on the way. WASHINGTON -- The Senate has approved a measure that could spark more international travel to area battlefields, parks and other destinations. September 10, 2009WINCHESTER -- After eight years of costly litigation, Trex has won a patent lawsuit on appeal, the company announced late Wednesday.STRASBURG -- The landmark Hotel Strasburg will be sold at auction next month. September 5, 2009
WINCHESTER -- A lawsuit accuses a hat company of negligence in causing a fire in 2006 that destroyed warehouses used by the firm and other businesses.
September 2, 2009MT. JACKSON -- For the first time in the 70-year history of Bowman Apple Products Co. Inc., a non-family member sits at the helm.Winchester-area unemployment fell half a percentage point in July to 8 percent, following a statewide trend. August 29, 2009FRONT ROYAL -- The Front Royal-Warren County Economic Development Authority has endorsed changes to requirements for the downtown technology zone in an effort to attract business.
Red Hot & Blue on Featherbed Lane in Winchester closed its doors this week after its lease expired and wasn't renewed. The southern-style barbecue chain opened in the city in 2002. Dennis Grundman/Daily
August 26, 2009WINCHESTER -- Cabinet maker American Woodmark posted a $6.4 million loss for its fiscal first quarter ended July 31, citing weak sales and restructuring charges from the closing of two of its plants and the idling of a third facility earlier this year.August 15, 2009WOODSTOCK -- The new Hampton Inn & Suites off Interstate 81 and Va. 42 is scheduled to open in late September.WINCHESTER -- The local job market lost 2,500 jobs in the 12 months ended in June, according to a Virginia Employment Commission report. August 8, 2009FRONT ROYAL -- James Madison University will open a distance learning center inside the Royal Phoenix administration building in the coming months, the local Economic Development Authority announced this week.WINCHESTER -- Social networking could draw new businesses and help the local economy. August 5, 2009Soured real estate loans continue to weigh on local banks' balance sheets. Summit Financial Group, the holding company for Winchester-based Summit Community Bank, reported a loss of $3.5 million, or 46 cents a share, for the April-June quarter after writing off $13.8 million in bad loans, mostly in construction and development.August 1, 2009
STRASBURG -- The owners of a shopping center at East King Street and Acton Place are among those whose properties may be sold off because of delinquent real estate taxes due to Shenandoah County.
WINCHESTER -- The federal government likes "them apples" enough to send stimulus money to a local manufacturing plant. WINCHESTER -- Trex said late Friday it has settled a class-action lawsuit filed in California by a group who claimed the composite decking manufacturer's products were defective. EDINBURG -- Shentel posted an 11 percent jump in revenue in the second quarter, but its earnings fell due to costs associated with its new cable TV operations and expansion of its wireless and fiber optic networks. |
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