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Business Archive

Millennials' top competition for condos might be their parents

Millennials have tough new competition for the condominiums and apartments heating up the nation's housing market: Mom and Dad.

Sick day excuses can be a headache

Sorry, I can’t come to work. My grandmother poisoned my ham dinner. We don't think this really happened, but a worker cited it as a reason for a sick day, according to a survey of managers and workers by Career Builder. Among other doozies: I got stuck under the bed. My wife found out I was cheating and I had to spend the day digging my clothes out of a dumpster.

In the workplace, most of us say we're great at our jobs

It’s great to be great. And it seems like most of us are great in the workplace. At least we think so. Eighty-one percent of workers surveyed by Workfront, a cloud-based management company, and Harris Poll said 81 percent of workers considered themselves among the most productive people in their office. More than half said they were more productive than their co-workers and their bosses.

Another Smithfield switch: Dennis Treacy to retire

SMITHFIELD It’s been hard to keep up with all of the management switches at Smithfield Foods this year. Just when you think you’re up to speed, here’s another one: Dennis Treacy, executive vice president and chief sustainability officer, will retire at the end of 2016, the pork company announced last week.

Williamsburg attorney charged with mail, wire fraud

A Williamsburg lawyer was charged today with conspiracy to commit mail and wire fraud. 
The attorney, Deborah Wagner, 43, is accused of helping transfer thousands of time-share units to the names of stolen identities and straw owners, according to a news release from Dana Boente, U.S. Attorney for the Eastern District of Virginia. 

Simon plans to break ground on Norfolk outlet mall in April

NORFOLK
After setbacks and delays, the developers behind a proposed outlet mall on the site of the former Lake Wright Golf Course said this week they plan to break ground in April.

Virginia Beach brewery opens in old fire station

VIRGINIA BEACH For a half-century firefighters rushed from the Chesapeake Beach Volunteer Fire and Rescue center to quench fires in the Chic's Beach area. Now folks are heading to the building to be quenched with craft beers.

Local foreclosures leap in September

Foreclosure activity spiked in September in Hampton Roads, according to a report set to be released this morning. Last month, lending institutions filed 790 foreclosure-related notices across the region, up 77.1 percent from the same month in 2014, according to RealtyTrac, a foreclosure-monitoring service based in Irvine, Calif.

Plan to build homes north of Virginia Beach agricultural line approved

VIRGINIA BEACH Planning commissioners voted 7-3 Wednesday to approve a zoning change for a housing development on undeveloped land just north of the city's agricultural boundary. Kotarides Developers LLC wants to build Princess Anne Meadows, a subdivision of 80 single-family homes, on 42 wooded acres on Princess Anne Road across from Virginia Beach National Golf Club.

Towne Insurance acquires 3 agencies

A subsidiary of Suffolk-based TowneBank has acquired three insurance agencies, expanding the company's footprint in central Virginia. Towne Insurance has added Chesterfield-based Invincia Insurance Solutions, Midlothian-based Total Insurance Planning and B.H. Baird Insurance, based in Warsaw, to its portfolio, the company said. The agencies will not change their names, leadership or locations.

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