Business

Less than a month after filing for Chapter 11 bankruptcy protection, the Richmond-based company says it is now “winding down operations” after failing to find a buyer in recent negotiations with prospective bidders.

The city of Staunton will receive $9 million for its Staunton Crossing project while Rockingham County will get $4.5 million for the Innovation Village project.

Steve Campbell, President of Cornerstone Wealth Advisors, says for the last three years, the concern was that the Federal Reserve raised interest rates too much. Now, the concern is that the reserve is not cutting rates in a timely fashion.

The new contract is expected to begin January 1, 2026, and would offer lodging operation, food and beverage sales, retail, grocery, camper services, fueling stations, stable operations and four campgrounds.

These grants are up to $3,000 to support eligible activities such as festivals and events.

The City and the Harrisonburg Redevelopment & Housing Authority are working with Blue Ridge Legal Services and Rockingham County to offer the free lunch session at City Hall.

The Jeep Grand Cherokee had the biggest price drop at around 14.5 percent, which is about $5,000 less than last year.

Wilt had introduced measures in the last three General Assembly sessions withdrawing the commonwealth from the California Emissions Standards only to see those bills defeated by Democratic-controlled chambers.

The General Assembly passed a law three years ago linking Virginia to that directive, which requires 35 percent of new vehicles sold in the commonwealth to be fully electric starting in 2026. Rockingham County Delegate Tony Wilt has since introduced three bills to terminate that agreement.

Governor Glenn Youngkin announced Tuesday that Boxer Gifts LLC, an English company that designs, builds, and distributes unique gifts and toys, is opening a new $1.5 million operation in Harrisonburg.