Business

4:00pm

Wed October 10, 2012
Wind Power-Study

Report forecasts jobs, revenues in offshore winds

RICHMOND, Va. (AP) — An industry-sponsored study concludes that the large-scale development of wind power off the Mid-Atlantic coast would create more than 70,000 jobs from New York to Virginia.

The study released Wednesday said those jobs would be created by a new industrial base needed to manufacture, build, operate and maintain the towering wind turbines, and an additional 40,000 jobs would be needed to serve the supply chain to that industry. The job growth would be realized over a 10-year build out of the offshore industry.

Read more

3:50pm

Fri October 5, 2012
Poultry Dollars

Report: Va. poultry an $8 billion industry

RICHMOND, Va. (AP) — The poultry industry has an $8 billion economic impact in Virginia.

That sum is contained in a study released Friday by the U.S. Poultry and Egg Association. The report tallies up jobs, wages and other economic activity to arrive at that number.

The report found that the poultry and egg industries in Virginia provide 13,480 direct jobs and indirectly contribute to a total of 41,710 jobs. Direct wages total a half-billion dollars, while indirect wages total more than $2 billion.

Read more
Tags: 

3:50pm

Thu August 23, 2012
Labor Violations

Va company agrees to pay back wages

VIRGINIA BEACH, Va. (AP) — Federal labor officials say a Virginia Beach window company has agreed to pay 45 workers more than $83,000 in back wages.

The Virginian-Pilot (http://bit.ly/O5hXqk) reports the payments are to settle violations of overtime and record-keeping laws.

The U.S. Labor Department says Sea-Thru Windows didn't pay employees overtime despite requiring them to perform tasks such as cleaning and detailing vehicles before or after their scheduled shifts. In addition, the company failed to record the extra hours the workers put in.

___

Read more

3:26pm

Thu August 23, 2012
Shellfish Aquaculture

Delaware officials explore shellfish aquaculture

REHOBOTH BEACH, Del. (AP) — Commercial shellfish aquaculture is a multimillion dollar business in states up and down the East Coast, but not in Delaware.

Delaware is the only coastal state without a commercial shellfish aquaculture industry, but officials with the Center for the Inland Bays are exploring the possibilities of creating one.

Read more

2:15pm

Thu August 16, 2012
EARNS-DOLLAR TREE

Dollar Tree 2Q profit up on higher sales

RICHMOND, Va. (AP) — Dollar Tree says its net income increased nearly 26 percent in the second quarter as consumers spent more at the discount retailer. The results missed analysts' expectations and its shares fell 6 percent in premarket trading.

The chain said Thursday that it made $119.2 million, or 51 cents per share, for the period ended July 28. That's up from $94.9 million, or 39 cents per share, a year ago.

Net sales increased 10.5 percent to $1.7 billion. Sales at stores open at least one year rose 4.5 percent.

Read more

Pages