“Drill, baby, drill” off the coast of Virginia?

The chant “drill, baby, drill” may soon be heard off the coast of the Commonwealth. The Washington Post reports that the Bush Administration is taking the next step in its efforts to lease waters off the coast of Virginia to companies that are interested in drilling oil and natural gas.

Endowment takes nasty hit as economy falters

The University’s multibillion dollar investments, which include the University’s endowment, lost $600 million, or 11 percent, in the first quarter of the fiscal year, according to UVA’s Investment Management Company (UVIMCO) quarter-end report. By mid-October, the policy benchmark had declined by another 20 percent. According to the report, after the initial hit, the investment pool […]

Local circuit city powers down

Along with ACAC, Charlottesville’s Circuit City reigns supreme in the Albemarle Square shopping center. But the big red and white sign, visible from Route 29, will soon disappear. On November 3, Circuit City Stores, Inc., announced it will be closing 155 stores nationwide to combat a “continued weak macroeconomic environment.” Of the three stores that […]

I-64 sniper gets 2 years in jail

Slade Allen Woodson, 19, has been sentenced to two years in jail in Waynesboro Circuit Court for six felony counts in connection with the I-64 shootings in March of this year, reports the News Virginian in Waynesboro.

UVA professor wins the 2008 George Louis Beer Prize

The American Historical Association has bestowed upon Melvyn P. Leffler of UVA’s Miller Center of Public Affairs, the 2008 George Louis Beer Prize for outstanding historical writing in European international history since 1895 for his book, “For the Soul of Mankind: The United States, the Soviet Union, and the Cold War.”