After spending more than a year in the red, Genworth Financial made profits in the third quarter.

Continued problems in the auto industry has claimed more jobs in the Tri-Cities region.

Dominion Virginia Power and its parent company, Dominion Resources Inc., have asked the State Corporation Commission for permission to sell up to $1.5 billion of the power company’s common stock to Dominion Resources.

The health care overhaul bill produced by House Democrats would impose an array of new taxes, fees and government mandates on major players in the health industry, including insurers, doctors and drugs and medical devices makers.

A possible early sign that a fragile economic recovery may be under way comes from MeadWestvaco Corp.’s report of a slight rise in the amount of bleached paperboard it sold in late summer.

The conference will be held at 1 p.m. on Nov. 6 at the NRC’s Region II offices in Atlanta.

Senators agreed Wednesday to extend a popular tax credit for first-time homebuyers and to offer a reduced credit to some repeat buyers.

An early progress report on President Barack Obama’s economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake that White House officials promise will be corrected in future reports.

A decline in demand is not keeping R.J. Reynolds Tobacco Co. from raising the list price on its cigarette brands by 6 cents or 8 cents a pack for wholesale customers.

The jobless rate in the Lynchburg region dropped for the third month straight in September, Virginia Employment Commission statistics show.

Sales of new homes dropped unexpectedly last month as the effects of a temporary tax credit for first-time owners started to wane.

On the day after Christmas, nearly 200 people will lose their jobs at Archer Creek Foundry in Campbell County.

The National Research Council governing board’s executive committee will meet next month to discuss the study that would determine whether uranium can be mined and milled safely in Virginia.

A Charlottesville company and researchers at the University of Virginia are designing a new turbine that they anticipate will be capable of harnessing wind power across Virginia.

Bank of America will close its downtown Lynchburg branch on Dec. 11.

After burning through $1 million in savings and seeing no end to their losses, dairy farmers Jake and Lori Slegers figured they didn’t have much choice - they had to kill the cows.

U.S. taxpayers spent about $32 subsidizing the cost of the typical Amtrak passenger in 2008, about four times the rail operator’s estimate, according to a private study.

Bank of the James Financial Group had a non-cash loss of $1.2 million in the third quarter, the Lynchburg company announced Monday.

The tax, paid when drivers fill up at the pump, is a major source of funding for local highway and transit improvements.

Results from a new economic survey may ease concerns about rising unemployment and its effect on consumer spending, as forecasters say more employers appear willing to hire in the coming months.

PlayStation 3 owners will soon be able to stream movies and TV shows from Netflix to their TVs using the gaming console, just as Xbox 360 owners have been able to do for a year.

Capmark Financial Group, one of the nation’s largest commercial real estate lenders, has filed for bankruptcy protection amid mounting bad debt.

The price at a pump may come as a shock to many Americans already strapped for cash in this recession.

Thomas Johnson is carving his dreams out of what could be a bad time for high-end furniture.

PORTLAND, Ore. — The Smart Choices nutrition labeling program, created voluntarily by nine large U.S. manufacturers, is halting after federal regulators said such systems could mislead consumers, officials with the labeling group said Friday.

SAN FRANCISCO (AP) — Amazon.com Inc.‘s shares surged Friday after the company reported third-quarter results that showed consumers comfortable opening their wallets to the online retailer despite the still-shaky economy.

In the third quarter, 580 existing homes sold in the Lynchburg area. That was a 2.4 percent drop from the 594 sales in the third quarter of 2008, according to data released Friday from the Virginia Association of Realtors.

Statistics released this morning by the Virginia Association of Realtors show that 580 existing homes in the Lynchburg area were sold in the third quarter of 2009, a 2.4 percent drop from 594 homes sold in the third quarter of 2008.

The International Paper plant in Lynchburg will not be affected by the closure of three of the company’s mills, including one in Virginia, a company official said Thursday.

The economic heart of the small Tidewater city of Franklin will stop beating next spring when International Paper Inc. will close its mill there and put 1,100 people out of work.