JP Morgan CEO Jamie Dimon dubs losses 'egregious,' but market analysts expect that, this time, the damage will not spread to the entire financial system.More >>
JP Morgan CEO Jamie Dimon dubs losses 'egregious,' but market analysts expect that, this time, the damage will not spread to the entire financial system.More >>
The most popular beliefs as to what caused the U.S. mortgage crisis and subsequent economic collapse are wrong, according to a new study by the Boston Fed.More >>
The most popular beliefs as to what caused the U.S. mortgage crisis and subsequent economic collapse are wrong, according to a new study by the Boston Fed.More >>
When Facebook goes public it will cost between $28 and $35 per share, potentially netting the company $13.6 billion.More >>
When Facebook goes public it will cost between $28 and $35 per share, potentially netting the company $13.6 billion, with Mark Zuckerberg making $1 billion by himself.More >>
Occupy Wall Street has big plans for May Day, including marches and strikes, but faces big challenges.More >>
Occupy Wall Street has big plans for May Day, including marches and strikes, but faces big challenges: It is still largely decentralized, and has lost its hold on the support of the public.More >>
Postal bill averts 3,700 post-office closings for at least two years.More >>
Postal bill averts 3,700 post-office closings for at least two years, but fails to address deeper, structural problems in how the postal service manages a vast operation.More >>
Postal Service closings could mean longer lines and possibly slower delivery.More >>
Postal Service closings could mean longer lines and possibly slower delivery. But the alternative to Postal Service closings would mean using tax money.More >>
Electronics retail giant Best Buy has named the 50 stores it plans to close as it struggles in the face of tough competition from e-commerce giants such as Amazon.More >>
Americans foresee, on average, gas prices at $4.75 a gallon within three months. They most blame the oil industry and Wall Street. But they expect politicians to act.More >>
The economic fallout from pink slime is just beginning.More >>
A major beef processor has declared bankruptcy, citing the backlash against 'pink slime.' The economic fallout from pink slime is just beginning.More >>
Harsh questioning from the Supreme Court majority has touched off new political calibrations over Obama's health-care law. In some ways, Democrats could be the winners.More >>
Gas prices jumped 5 cents a gallon last week on average, even as oil prices stabilized a bit. When gas prices reach $4 a gallon, motorists begin to change their habits.More >>
Thursday, May 3 2012 7:16 AM EDT2012-05-03 11:16:11 GMT
Looking for a job? Get a pen and paper. We went digging and found the local companies that are doing some serious hiring right now. Here are the hot jobs and how to get one. Elephant Auto Insurance isMore >>
Looking for a job? Get a pen and paper. We went digging and found the local companies that are doing some serious hiring right now. Here are the hot jobs and how to get one.
Monday, April 23 2012 5:30 PM EDT2012-04-23 21:30:31 GMT
Virginia Congressman and House Majority Leader Eric Cantor is leading the push for a 20% tax cut for small businesses. The House just passed the Small Business Tax Cut Act last week, now it goes to theMore >>
Virginia Congressman and House Majority Leader Eric Cantor is leading the push for a 20% tax cut for small businesses. The House just passed the Small Business Tax Cut Act last week, now it goes to the Senate. Supporters hope it will enable companies to create jobs.More >>
Tuesday, April 17 2012 5:15 AM EDT2012-04-17 09:15:31 GMT
Many people who were laid off in the recession had more than 20 years of experience in their fields and have found it hard to find jobs with comparable salaries. The Community College Workforce Alliance developed a program that helped some of those workers become entrepreneurs and 62 new small businesses have resulted in greater Richmond.More >>
Monday, April 2 2012 5:42 PM EDT2012-04-02 21:42:21 GMT
Travel website TripAdvisor has named a bed and breakfast here in Richmond as one of the top 25 in the country. It's Maury Place on West Franklin Street. The B&B was opened just a few years ago by two men who were looking for a complete career change.More >>
Tuesday, March 20 2012 5:15 AM EDT2012-03-20 09:15:29 GMT
If you're thinking of buying a camera before your spring break vacation, a local company can save you hundreds of dollars. An Ashland couple has grown from selling used cameras from their home on eBay, to becoming one of the largest used camera dealers in the country.More >>
Tuesday, March 13 2012 7:17 AM EDT2012-03-13 11:17:45 GMT
Basketball fans are looking for any excuse to be able to stay home from work and watch March Madness. So how far would you go to skip work? Would you or your husband have a vasectomy? Some men are!More >>
Monday, March 5 2012 5:20 PM EST2012-03-05 22:20:40 GMT
Spring is coming, the season of the birds and the bees. But there will be fewer bees this year. The bee population worldwide has been shrinking for years. That's forcing local farmers to pay tens of thousands of dollars to rent bees to pollinate their crops.More >>
Monday, February 27 2012 5:15 PM EST2012-02-27 22:15:39 GMT
A few months ago, a French company crossed the Atlantic and saved 500 local jobs after Pfizer announced it would close it's Eastern Henrico plant. That company, Fareva, is now in full production, with plans to grow and add more jobs.More >>
Monday, February 20 2012 5:15 PM EST2012-02-20 22:15:57 GMT
When you check into a hotel, you may not be able to assume it's completely clean and safe. Just like NBC12 looks at restaurant health inspections, this time we checked out hotel inspections by the State Health Department.More >>
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