Brian Ford's Business Analysis for 7/12/2010

Weekly Monday analysis of the business and financial news by Brian Ford from RBC Wealth Management.

Colonial Heights Council provides demolition financing

Colonial Heights City Council has authorized bonds to begin work on the demolition of the old Colonial Heights Baptist Church and the construction of a new courthouse.

Methamphetamine production rises in Virginia

After declining for several years, government figures now show a jump in the production of methamphetamines.

Petersburg Man Facing Felony Charges in Homicide

A Petersburg man is facing charges in connection with the murder of 27 year old Tameka Claiborne.

Boys Scout Jamboree Opens Today

The Boy Scouts are celebrating their 100th anniversary at the national jamboree at Fort A.P. Hill in Caroline County.

Seven Drum Corps Compete in Warrenton

Drum and Bugle Corps have been a part of the American music scene since before the Second World War. Saturday night seven up and coming corps competed in Warrenton.

Metro Homes Sales Up 23% Over Last Year, but Housing Recovery Still Slow

Mortgage rates fell to a new record low for the forth time in five weeks, and the number of homes sold in the Richmond metro area rose 23 percent in the second quarter from the same period a year ago. But as Charles Fishburne reports, this doesn’t necessarily mean a recovery in the housing market

Safe Harbor Names New Executive Director

Safe Harbor, an organization in Henrico that works to help victims of domestic violence, has named its new executive director.

Small Plane Skids, Shuts Down Runway for Four Hours

Richmond International’s runway 2/20 is back to normal this morning, after a small plane lost a landing gear and crash landed about two o’clock yesterday afternoon…

Remains Found In Upper Appomattox Canal

Skeletal remains have been found in the Upper Appomattox Canal near the site where a missing man’s ATV was located in the winter.