Business Calendar

A weekly listing of property transfers and building permits in and around Charlottesville.

Ten days ago President Obama signed an additional $2 billion into law, tripling the original expense of the “cash for clunkers” program. The president describes the program as a “proven success” because it is stimulating the economy and will reduce carbon emissions. You should examine such economic claims carefully regardless of your politics.

Mary Jean Thomasson says she has never hit or punctured a utility line putting up a “for sale” sign in a yard during her 19 years in the real estate business.

To anyone crammed in a water taxi on a hot August day, Venice seems as full of tourists as ever. This year many of them are speaking Italian.

Diversifying your asset allocation among investments with a low correlation can and should reduce your portfolio’s volatility and boost your returns. But critics are claiming this strategy is no longer valid. That’s because they don’t understand the nature of what happened in 2008.

Local business announcements

Business Calendar

A weekly listing of property transfers and building permits in and around Charlottesville.

Local business announcements

Local business announcements

Local business announcements

A weekly listing of property transfers and building permits in and around Charlottesville.

Business Calendar

Multi-level marketing (MLM), or network marketing, is a nonsustainable business model because it does not provide a valuable service but simply a product that has been marked up in price.

The judge overseeing Delphi Corp.‘s bankruptcy case is expected to rule Thursday on the auto supplier’s plan to hand control of the company to its lenders and eventually end its nearly four-year stay in Chapter 11.

As the effects of the economic collapse began pouring down Main Street, the government last year was left holding a record $2.1 billion in write-offs of small business loans it had guaranteed. Officials expect the number of defaults to rise as the nation continues to climb out of the recession.

A weekly listing of property transfers and building permits in and around Charlottesville.

According to a Dalbar Financial Services study that tracks investor returns, from 1989 to 2008 the S&P 500 yielded 8.35 percent annually. But the average investor only earned 1.87 percent over the same period.

Local business announcements

Business Calendar

More than a half-million Virginians will see more money in their paychecks beginning today, when the federal minimum wage rises by 70 cents an hour.

Helped by a lightened debt load, Ford Motor Co. posted a surprise second-quarter profit of $2.3 billion Thursday, following the worst loss in company history a year earlier. Shares rose 8 percent in morning trading.

Newspaper publisher and TV station owner Media General Inc. said Wednesday that cost cutting helped deliver a profitable second quarter despite tumbling ad revenue.

Ukrop’s Super Markets Inc. has initiated discussions with potential buyers for the 28-store chain, a regional grocery trade publication reported yesterday.

A retired firefighter from New Jersey, Clayton’s passion for the honey-generating flying insects has evolved from a part-time hobby into a full-time job.

Local business announcements

Local business announcements

Business Calendar

There will always be swindlers masquerading as investment advisors. You can learn to recognize such people by their over-the-top lifestyle. Avoid them at all costs.