Anthem/Cigna and Aetna/Humana mergers challenged by AG Mark Herring

Thursday, July 21, 2016

Anthem/Cigna and Aetna/Humana mergers challenged by AG Mark Herring

RICHMOND (July 21, 2016) – Attorney General Mark R. Herring has joined a legal challenge against the proposed mergers of Anthem with Cigna and of Aetna with Humana as illegal, anti-consumer moves that would reduce competition, eliminate choices, stifle innovation, and drive up costs by allowing four of the largest health insurers in the nation to […]

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Microsoft to acquire LinkedIn for $26 billion – video

Monday, June 13, 2016

Microsoft to acquire LinkedIn for $26 billion - video

Have a LinkedIn account? Have LinkedIn stock? Microsoft today announced that it will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will retain its distinct brand, culture and independence. LinkedIn CEO Jeff Weiner will remain. Chairman of the board, Reid Hoffman, co-founder and […]

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BMT grand opening of Mini Mall Friday with raffle drawings

Wednesday, June 1, 2016

BMT grand opening of Mini Mall Friday with raffle drawings

On Friday, the 3rd of June, from 9:00am to 7:00pm, BMT Mini Mall will be celebrating its Grand Opening with refreshments , giveaways and All to make a purchase will be entered into a raffle to win 1 of 3 prizes! BMT is delighted to be opening its first store in Roanoke Va and wants […]

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Ballast Point Brewing and Spirits comes to Botetourt

Tuesday, May 24, 2016

Ballast Point Brewing and Spirits comes to Botetourt

The Center at Greenfield in Botetourt County gets another tenant. Ballast Point Brewing and Spirits joins  Eldor Corp and the 2014 Altec Industries expansion. The Virginia Community College System’s system-wide administrative center is leasing nearby. The announcement comes on the heels of Roanoke’s capture of Deschutes Brewery that will start construction in 2017. The announcement: Ballast Point Brewing […]

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Gov. McAuliffe goes on business enticement mission to Boston and Canada

Monday, May 16, 2016

Gov. McAuliffe goes on business enticement mission to Boston and Canada

RICHMOND – Governor Terry McAuliffe today announced that he will lead a four-day marketing mission to Boston and Canada, May 17-20, 2016. The Governor will be accompanied by Secretary of Commerce and Trade Maurice Jones, Secretary of Agriculture and Forestry Todd Haymore, and representatives of the Virginia Economic Development Partnership (VEDP), Virginia Tourism Corporation and […]

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Kroger misses out on acquisition of The Fresh Market

Monday, March 14, 2016

Kroger misses out on acquisition of The Fresh Market

UPDATE March 14: New York-based private-equity firm Apollo Global Management will purchase The Fresh Market for $1.36 billion as reported in the Triad Business Journal today. CLICK HERE FOR THE WHOLE STORY. It came down to the leaked story that Kroger was close to a deal. The leak “attracted other companies and private equity firms.” […]

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Claw machines entice scam or skill in waiting spaces

Friday, October 30, 2015

Claw machines entice scam or skill in waiting spaces

Modern computerized machines have very tricky ways of keeping the prizes inside, The ability to win a prize can depend as much on the crane in question as it does on the player. Just like prizes at carnivals the price to play and determination to win costs more than the prize itself. Mitchell Distributing was […]

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Volvo will invest $38 million and add 32 new jobs

Friday, September 25, 2015

Volvo will invest $38 million and add 32 new jobs

In Dublin today Governor Terry McAuliffe announced that the Volvo Group will invest $38.1 million at the New River Valley (NRV) assembly facility in Pulaski County, where all Volvo Trucks models for North America are assembled. The investment will allow Volvo to make several plant upgrades and build a 36,000-square-foot Volvo Trucks Customer Experience Center on […]

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U.S. Senator Mark Warner meets with entrepreneurs to help spur innovation

Wednesday, August 19, 2015

U.S. Senator Mark Warner meets with entrepreneurs to help spur innovation

Virginia U.S. Senator Mark Warner defined himself as a failed entrepreneur, at first that is. He himself had student debt like many of the 20 entrepreneurs that came to the Grandin CoLab to share their experiences with the Senator. Eventually Warner hit it big with a telecommunications-related venture. He founded the firm Columbia Capital.  Warner […]

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Tulane Patterson is 2015 Small Business Person of the Year

Wednesday, April 8, 2015

Tulane Patterson is 2015 Small Business Person of the Year

The U.S. Small Business Administration’s Richmond District Office proudly announces P. Tulane Patterson, the CEO and Owner of Generation Solutions Holdings Inc. located in Lynchburg and Roanoke, as Virginia’s 2015 Small Business Person of the Year. “We are very excited to have Tulane Patterson as Virginia’s Small Business Person of the Year. He is the […]

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J.C. Penney store closures spare Roanoke for now

Thursday, January 8, 2015

Virginia is among the list of 39 J.C. Penney stores that will close in 2015, The 39 stores equates to about 4 percent of their total number of stores according to The Huffington Post. The two stores in Virginia include Manassas (Manassas Mall) and Williamsburg (The Marquis). Roanoke’s stores have been spared at least for […]

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Hank McHale, author opens management consulting business at SML

Wednesday, July 2, 2014

Hank McHale, author opens management consulting business at SML

Hank McHale, author of “Actual Experiences of a CEO: How to Make Continuous Improvement in Manufacturing Succeed for Your Company” has opened a management consulting business. Hank McHale & Associates specializes in sales growth, cost improvement and helping executives set and reach their goals and is located at Smith Mountain Lake in Moneta. Hank has […]

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