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 ...

Democrats split over Thompson

Get “rid of a turncoat Lieberman-esque Democrat who has done way too much to empower her state's reactionary Republicans, while also building our bench with a potential future star.” So reads part of a recent endorsement by The Daily Kos, ...

HUD, Suntrust settle maternity leave discrimination claims

The U.S. Department of Housing and Urban Development (HUD) has reached two Conciliation Agreements with SunTrust Mortgage, Inc., settling allegations that the Richmond, VA-based lender denied mortgage loans to a couple in Port St. Lucie, FL, and another couple in ...

Virginia posts revenue increase in April

In yet another sign of a growing economy, Virginia's April revenue collections increased by 2.2 percent over the prior year, according to Gov. Bob McDonnell's office. April is a significant month for revenue collections, because, in addition to regular revenue ...

VHWDA awards community grants

The Virginia Health Workforce Development Authority (VHWDA) has awarded $369,162 to eight organizations across the Commonwealth to strengthen health workforce and pipeline development.