Richmond Times-Dispatch (Richmond, VA) articles from March 2003

Richmond Times-Dispatch (Richmond, VA) archives from March 2003

Richmond Times-Dispatch, Va., Speaking of Work Column.
March 31, 2003... Byline: Wallace Johnston Mar. 31--Everyone, we generally assume, wants to be a success. I am not sure that's the case for everyone. But those who want to succeed need to understand what it takes. We can define success as being...

Richmond, Va.-Based Coal Company Files for Chapter 11.
March 30, 2003... Byline: Greg Edwards Mar. 30--James River Coal Co. said yesterday that it and 21 subsidiaries have filed for bankruptcy protection. The Chapter 11 filing in the U.S. Bankruptcy Court for the Middle District of Tennessee is intended...

Virginia Governor Won't Stop Power Deregulation.
March 28, 2003... Byline: Greg Edwards Mar. 28--Gov. Mark R. Warner has rejected the State Corporation Commission's advice to suspend electric deregulation in Virginia until mid-2004. To prevent the state from losing oversight of the reliability and...

CEO of Richmond, Va.-Based Business Insurance Firm to Retire.
March 26, 2003... Byline: Bob Rayner Mar. 26--Andrew L. Rogal, who ushered in an era of remarkable growth at the insurance business his father helped start more than two decades ago, is retiring. Rogal will step down as chairman and chief executive...

Richmond, Va.-Based Menswear Retailer Reports 20 Percent Drop in 2002 Profits.
March 26, 2003... Mar. 26--Profit fell 20 percent last fiscal year compared with the previous year at S&K Famous Brands Inc., but earnings per share rose 13 percent. In the November-to-January quarter, earnings at the Richmond-based discount menswear...

Colonial Williamsburg, Va., Reports 10 Percent Decline in Visitors in 2002.
March 26, 2003... Byline: Andrew Petkofsky Mar. 26--Admissions to Colonial Williamsburg in 2002 dropped 10 percent from the previous year -- to 840,000, officials said yesterday. The slippage in visits to the living-history museum was exacerbated by...

Radford, Va.-Area Ammunition Plant to Lay Off 150 Workers.
March 25, 2003... Mar. 25--The Radford Army Ammunition Plant plans to lay off roughly 150 workers in mid-April. The plant, located on the New River near Radford, is owned by the federal government and is operated by a contractor, Alliant Ammunition and...

Richmond, Va., Firm's Magnets Now Popular Since Start of War.
March 22, 2003... Byline: Lauren Nardella Mar. 22--The U.S. flag magnets that made their debut on cars nationwide after Sept. 11 now have some company on the back bumper. New "Support Our Troops" and "God Bless America" magnets, created by Richmond...

Wireless Networks Termed More Secure Since Sept. 11.
March 21, 2003... Byline: McGregor McCance Mar. 21--Absent a terrorist attack or other war-related event within U.S. borders, wireless phone networks should not suffer service problems here, some industry experts and phone company officials say. ...

Meetings Slated about Dominion Virginia's Nuclear Power Station.
March 20, 2003... Byline: Greg Edwards Mar. 20--The Nuclear Regulatory Commission has set up two meetings in the next two weeks to discuss Dominion Virginia Power's North Anna Nuclear Power Station. The first meeting will be held at 2 p.m. today in...

Richmond, Va.-Based Utility to Buy Newport News Coal Loading Pier.
March 19, 2003... Byline: Greg Edwards Mar. 19--Dominion Energy has made a deal to buy Westmoreland Coal Co.'s 20 percent interest in Dominion Terminal Associates, owner of a Newport News coal pier. Dominion Energy, a subsidiary of Dominion Resources...

Richmond, Va., University Presents Leadership Symposium.
March 19, 2003... Byline: Linda Dunham Mar. 19--It is a mystery as old as mankind: Who shall lead? What makes a leader? What qualities must one possess to lead? Five speakers at Virginia Commonwealth University's ninth annual International Business...

Chicago Utility Joins States in Federal Appeal to Overrule Virginia Law.
March 19, 2003... Byline: Greg Edwards Mar. 19--Exelon Corp., the nation's second-largest electric utility, has joined utility commissions in Pennsylvania, Michigan and Ohio in asking federal regulators to assert their authority over a new Virginia law....

Cable Coverage Nets Award for Richmond, Va., Newspaper Reporter.
March 18, 2003... Mar. 18--Richmond Times-Dispatch business reporter McGregor McCance was named one of three winners of a Maxwell Media Award for coverage of the cable telecommunications industry in 2002. The awards are presented by The Cable Center and...

Sign-ups Start Soon for U.S. Disaster Funds for Tobacco, Livestock Farmers.
March 14, 2003... Mar. 14--Sign-up begins soon for federal disaster payments for farmers growing tobacco and livestock. Farmers interested in the Tobacco Payment Program can begin signing up at their local Farm Service Agency offices Monday. Tobacco...

Virginia Commission Approves Request for New Power Plant in Warren County.
March 14, 2003... Byline: Greg Edwards Mar. 14--The State Corporation Commission has approved a request for a 520-megawatt power plant to be built near Front Royal in Warren County. CPV Warren LLC plans to begin construction on the $280 million plant...

Richmond, Va., Law Firm Joins WorldCom Class-Action Lawsuit Network.
March 13, 2003... Mar. 13--A small Richmond law firm is part of a network seeking customers of Salomon Smith Barney who lost money on WorldCom stock. Epperly, Follis & Schork has placed advertisements to advise customers of the brokerage that it is willing...

Richmond, Va., University to Start Bioscience-Entrepreneur Program.
March 12, 2003... Byline: McGregor McCance Mar. 12--Biotechnology researchers who start businesses often don't need advice on the science behind their ventures. The science of running a business? Now that's a different matter. Virginia...

Virginia Commonwealth University to Offer New Certificate Program.
March 12, 2003... Byline: McGregor McCance Mar. 12--Biotechnology researchers who start businesses often don't need advice on the science behind their ventures. The science of running a business? Now that's a different matter. Virginia...

Most Virginia Farmers Are Not Ready for Retirement, Survey Finds.
March 11, 2003... Mar. 11--A recent survey of Virginia farmers by the Virginia Department of Agriculture and Consumer Affairs shows that most are not ready for retirement. Almost 43 percent of farmers said they plan never to retire, and 33 percent said...

Hydrogen-Fueled Vehicles at Virginia's Capitol.
March 8, 2003... Byline: Greg Edwards Mar. 8--Ford Motor Co. brought its hydrogen fuel cell vehicle to the state Capitol yesterday; actually, two of them. The visit was arranged by the Hampton Roads Clean Cities Coalition. President Bush called for...

State Corporation Commission in Virginia Denies American Electric Power Bid.
March 8, 2003... Byline: Greg Edwards Mar. 8--The State Corporation Commission has denied American Electric Power's request for expedited permission to join PJM Interconnection, a regional transmission system operator. Instead the commission has...

Virginia Beach, Va.-Based Bank Makes 918,000-Share Stock Offering.
March 7, 2003... Byline: Carol Hazard Mar. 7--Resource Bankshares Corp. has completed a public common stock offering of 918,373 shares at $21.50 per share. The Virginia Beach-based bank planned to issue 700,000 shares but raised the offering to...

CarMax Reports Flat Used-Car Sales during Fourth Quarter.
March 7, 2003... Byline: Gregory J. Gilligan Mar. 7--Sales of used cars took a pounding by harsh winter weather in the fiscal fourth quarter at CarMax Inc. The Richmond-based automotive retailer said comparable used-car unit sales were flat for the...

Circuit City Announces 10 Percent Decline in Same-Store Sales for February.
March 7, 2003... Byline: Gregory J. Gilligan Mar. 7--Continuing concerns about the economy and national security and the bad winter weather last month hurt sales at Circuit City Stores Inc. Sales at stores opened at least a year, a key indicator of a...

Richmond, Va.-Based Jeweler Names Former Tiffany Executive as President.
March 6, 2003... Byline: Gregory J. Gilligan Mar. 6--A former vice president for world-renowned Tiffany & Co. jewelers has become the president and chief executive of Schwarzschild Jewelers Inc. Merritt W. Mayher assumed her duties at the venerable...

Immigration Practice of Richmond, Va., Law Office to Move to New Firm.
March 4, 2003... Byline: Alan Cooper Mar. 4--The four-lawyer immigration practice at McCandlish Holton will move to the Richmond office of Reed Smith this month. S. Miles Dumville, a partner in Reed Smith's Richmond office, said the practice headed...

Amtrak Reduces Newport News, Va., to Washington Service to Upgrade Tracks.
March 1, 2003... Byline: Carol Hazard Mar. 1--Amtrak is suspending service on one train between Newport News and Washington for 11 days beginning Monday. "Instead of having two options, passengers will have only one option," said Amtrak spokeswoman...

Richmond, Va., Biotechnology Service Firm Maintains Minimum Share Price.
March 1, 2003... Byline: McGregor McCance Mar. 1--Commonwealth Biotechnologies Inc. is back in the good graces of the Nasdaq stock market. The Richmond company learned this week that it has satisfied Nasdaq's rules on maintaining a minimum share...

Richmond Times-Dispatch, Va., Bob Rayner Column.
March 1, 2003... Byline: Bob Rayner Mar. 1--FISCAL RESTRAINT IS REASON TO CELEBRATE: When a train runs off the track, it's news. When a train arrives safely, it's not. That might explain why the clearest accomplishment of the recently adjourned...