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Business & Technology

Hundreds of layoffs on SW Va.'s horizon

December 4th, 2008 12:00 am by Staff Report

The Roanoke Times is reporting that four companies stretching from Bedford to Wytheville are looking at layoffs involving more than 400 workers starting early next year, with as many as 300 of those jobs imperiled by the drastic drop in U.S. auto sales.

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Business & Technology

Eastman officials expected to widely miss 4th quarter earning projection

December 3rd, 2008 12:00 am by Associated Press

Shares of Eastman Chemical Co. dropped Tuesday after the chemicals maker said it expects its fourthquarter earnings to widely miss guidance due to the economic tumult.

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