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EDA changes economic inventives policy for businesses

The changes will set limits on the monetary value of incentives and formalizes the process of paying to connect businesses to high-speed Internet. The new policy will make incentives available to more kinds of companies, said Mark Varah, a member of the EDA’s incentives committee.

Double-dip recession unlikely, economist tells Richmond group

The numbers this summer likely will show economic growth is slowing. The pundits likely will start muttering about a double-dip recession.

Perriello votes against ‘deem-and-pass’

Rep. Tom Perriello broke with Democratic Party leadership Thursday and voted against a procedure known as “deem-and-pass” that could be used when the health care bill comes to the floor of the House of Representatives.

Social media becoming a must for the job search

Just about anyone looking for a job has heard of CareerBuilder or HotJobs. That’s why companies who post jobs there can receive thousands of resumes for a single position.

60 Seconds with: Keith Muth on financial planning for retirement

KEITH MUTH: Metro Business asked certified financial planner Keith Muth, chief investment officer at Virginia Asset Management, a financial-services firm in Chesterfield County, about the steps necessary to determine if someone can retire:

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News from Virginia Business
CACI receives $219 million IT Navy contract

CACI International has received a $219 million contract for information technology services for the Space and Naval Warfare Systems Center Atlantic.

Chinese company to create 150 jobs in Shenandoah

Mercury Paper is planning to expand its Shenandoah County facility and move its North American headquarters to the site. The $21.2 million investment will create 150 jobs.

Kansas-based firm will buy former Qimonda plant

Bankruptcy court approves sale for $12 million

Newport News shipyard receives $80 million contract to repair aircraft carrier

Northrop Grumman Corp. Shipbuilding has received an $80.1 million contract to plan for the overhaul and refueling of the USS Abraham Lincoln, a nuclear-powered aircraft carrier.

Peak 10 Inc. will expand operations in Richmond

Company to add on to existing data center

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