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Dominion Virginia Power seeks lower fuel rate

Dominion Virginia Power has asked the State Corporation Commission of Virginia (SCC) for approval to reduce the company’s fuel charge and lower customer electricity bills.

Cuccinelli's office improperly used funds to advise energy companies

Virginia's inspector general has released his review of the attorney general’s office and an assistant attorney general's emails to the attorneys of companies extracting methane gas in Southwest Virginia.

“Yes 4 Henrico’s Kids” PAC to support passage of Henrico meals tax

Henrico County has formed “Yes 4 Henrico’s Kids” PAC to advocate for passage of the meals tax on the ballot on Nov. 5. The small surcharge on restaurant meals, according to supporters who recently gathered at an press event, will ...

Study: Home ownership does not mitigate residential segregation for blacks

While home ownership has long been a key to affluence and a symbol of the American dream, blacks owning homes may not reap the same as whites and other minorities in metropolitan America, a recent University at Albany study found.

Divaris sells Tobacco Row Shopping Center

Divaris Real Estate, Inc. (DRE), has sold the Tobacco Row Shopping Center, totaling 43,373 square feet for $6.6 million.

Va. files suit against payday lender making illegal loans

Attorney General Ken Cuccinelli has filed a lawsuit against Jupiter Funding Group, LLC , an Internet payday lender, alleging it is making illegal payday loans to Virginia consumers without having a valid state payday loan license.

As hybrid car tax takes effect, advocates launch repeal effort

As Virginia’s broadly renounced new annual tax on hybrid vehicles went into effect on July 1, Sen. Adam P. Ebbin (D-Alexandria) and Del. Scott A. Surovell (D-Mt. Vernon) joined hybrid car owners and climate advocates outside a Department of Motor ...

Millionaire interrupted: NBA player turns career-ending injury into business triumph

When Jonathan Bender skipped college to go play for the Pacers in 1999, he became an instant millionaire.

Change to Va. gas tax could place it among five most affordable gas states

After July 1, with the implementation of Gov. Bob McDonnell’s transportation funding plan, Virginia retail gas prices should begin to drop by about six cents per gallon as the commonwealth’s retail gas tax is replaced with lower tax at the ...

Va. signs $25 billion mortgage servicing settlement

Virginia has signed on to a $25 billion joint federal-state settlement with the nation's five largest mortgage servicers over foreclosure abuses and fraud. The proposed agreement provides an estimated $479,594,672.22 in direct relief or other benefits to Virginia home borrowers.

Keep the Child Care Credit in mind for summer

While the end of the school year brings its own set of worries, such as how do I keep the kids entertained and productive? Can I afford summer day camp?, parents will be glad to know that summer expenses may ...

Payday lender settles violations

Advance, LLC, d/b/a Advance 'Til Payday, has reached a settlement with Virginia for alleged violations of the state's statutes governing consumer finance. The Illinois-based consumer lender operates one location in the Richmond area, at 4311 Nine Mile Rd. Unless exempt, ...

Blacks' wealth building weakened by competing financial priorities

The results of a new study has found that competing priorities and fewer investment products constrict African Americans’ ability to build a legacy of wealth. The biennial study covering 2013-14 Prudential Financial, Inc. study also found that the African American ...

Survey ranks the 10 best cities to raise a family in America

An abundance of new mothers and fathers frequenting the Movoto real estate blog in recent moths was the inspiration for the recent release of the blog's latest unscientific release of the best cities to raise a family. "This [abundance] started ...

Richmond housing market sees increased sale prices in April

The greater Richmond real estate market, including Chesterfield, Henrico, Goochland and Hanover counties and Richmond city, experienced some positive trends compared to April of last year, according to The Long & Foster Market Minute reports, which are compiled from data ...