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Home>Kate Andrews

Kate Andrews

[email protected]

Recent Articles from Kate Andrews

Yeakel
Money August 21, 2024

Community banking association head Yeakel to retire; successor named

Steve Yeakel, president and CEO of the Henrico County-based Virginia Association of Community Banks, announced Tuesday he will retire at the end of the year, and will be succeeded by Corey Connors, executive director of the Virginia Forestry Association. Connors will join the professional organization in September and assume duties as president and CEO of […]

Economic diversity
Government August 20, 2024

Va. job creation up in July, but filling jobs remains challenge

Total payroll employment in Virginia grew by 4,800 jobs in July, the Federal Reserve Bank of Richmond reported in its regional economic snapshot Friday, but some employers are having difficulty filling jobs. A U.S. Bureau of Labor Statistics survey released Tuesday said that the number of hires in Virginia in June dropped by 33,000 since […]

Former Sykes property. Photo courtesy Virginia Coalfield Economic Development Authority
Money August 16, 2024

Appalachian Community Capital to launch Green Bank

Appalachian Community Capital, the Christiansburg-based community development financial institution for the Appalachian Valley, plans to launch the Green Bank for Rural America with a $500 million award from the Environmental Protection Agency, it announced Friday. Focused on financing up to 2,000 new energy projects that could create up to 13,000 jobs, the Green Bank will […]

Mars announced plans to purchase Kellanova, whose products include Pringles, Eggo and Pop-Tarts, for $35.9 billion on Aug. 14, 2024. Image courtesy Kellanova
News August 14, 2024

Mars to purchase Cheez-It, Pop-Tarts maker in $35.9B deal

Updated Aug. 16 McLean-based snack and pet care giant Mars announced Wednesday it has entered into a $35.9 billion, all-cash deal to purchase Kellanova, the maker of Cheez-It, Pop-Tarts, Pringles, Eggo and other food brands. Kellanova, created in October 2023 when Kellogg split into two companies, had 2023 net sales of more than $13 billion, […]

Default Alt Text
News August 13, 2024

LL Flooring to be delisted from NYSE

Updated Aug. 14 The New York Stock Exchange has informed Henrico County-based LL Flooring Holdings that its common stock will be delisted from the stock exchange and that trading was to be immediately suspended after the company filed for Chapter 11 bankruptcy Sunday, LL Flooring announced Tuesday. In a news release, LL Flooring said that […]

Retail | Wholesale | Food | Beverage 2023: CHARLES E. TYSON
News August 12, 2024

LL Flooring files for bankruptcy

LL Flooring, the Henrico County flooring company previously known as Lumber Liquidators, announced Sunday it has entered Chapter 11 bankruptcy proceedings and is pursuing a sale of its business. Also, according to documents filed with the Securities and Exchange Commission, the company has received a nonbinding letter of intent to sell its Henrico County distribution […]

Boeing names Ortberg as new president and CEO
Federal Contracting July 31, 2024

Boeing names Ortberg as new president and CEO

Updated Aug. 1 Boeing’s board of directors announced Wednesday that Robert K. “Kelly” Ortberg will be its next president and CEO effective Aug. 8, succeeding Dave Calhoun, who previously announced his intention to step down after a turbulent, nearly four-year tenure as the Arlington County Fortune 500 aerospace and defense giant’s chief executive. According to […]

Va. lands back on top in CNBC survey
Site Locator July 30, 2024

Va. lands back on top in CNBC survey

After downplaying his Democratic predecessor’s consecutive wins in CNBC’s America’s Top States for Business study, Gov. Glenn Youngkin found himself as Virginia’s top cheerleader on CNBC July 11, playing the commonwealth regained its crown as No. 1. With this year’s win, the state has been named the nation’s top state for business a record six […]

McLean-based Appian opens office in Seville, Spain
Technology July 30, 2024

Appeals court reverses $2B judgment for Appian

The corporate espionage civil case between rivals Appian and Pegasystems is heading back to court, the Virginia Court of Appeals ruled Tuesday. The three-judge panel ordered a new trial, saying that Appian was improperly relieved of the burden of proving that Pega financially benefited from misappropriating Appian’s trade secrets. In May 2022, McLean cloud computing […]

Education
Education July 26, 2024

Liberty, Falwell Jr. reach global settlement

Liberty University and Jerry Falwell Jr. have reached a global resolution agreement that settles all three lawsuits between the Lynchburg private Christian university and Falwell, Liberty’s former president and chancellor who was forced to resign in 2020 in disgrace. In a joint statement released Friday afternoon, Liberty and Falwell said that Liberty’s board of trustees […]

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Top Stories

Supreme Court allows Trump’s federal job cuts plan

Supreme Court allows Trump’s federal job cuts plan

WASHINGTON (AP) — The Supreme Court on Tuesday cleared the way for President Donald Trump’s[...]

Dollar Tree retail store

Dollar Tree completes $1B Family Dollar sale

Dollar Tree on Monday announced it has completed the sale of its Family Dollar business segment for [...]

Carilion Clinic raises $96M for cancer center

Carilion Clinic raises $96M for cancer center

Carilion Clinic is counting on public support to reach its $100 million goal to build a six-story ca[...]

Default Alt Text

Emerson to lay off 87 workers in Charlottesville

Emerson Electric plans to lay off 87 workers at its Charlottesville manufacturing facility, starting[...]

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced

Virginia senators seek injunction against seating 8 rejected BOV appointees

State senators ask for injunction so eight university board appointees can't be installed at three V[...]

Reshoring manufacturing is one of President Donald Trump’s priorities

Reshoring manufacturing is one of President Donald Trump’s priorities

President Donald Trump wants manufacturing jobs to return to the U.S., but it's not as simple as tha[...]

People

A man wears a navy blue blazer and a green tie.

Dominion promotes Baine to EVP of utility operations

1/7/2025

Virginia 500 July 2025 Spotlight: Michael J. Lutes

Virginia 500 July 2025 Spotlight: Michael J. Lutes

29/6/2025

Virginia Bankers Association names new chair

Virginia Bankers Association names new chair

24/6/2025

Regions

Frederick prepares for data center development

Frederick prepares for data center development

Increasingly, data center developers are eyeing sites in parts of the commonwealth outside Northern [...]

Officials envision new life for shuttered state campus

Officials envision new life for shuttered state campus

Summary CVTC closed in 2020, costing the region 1,600 jobs and $87M. Redevelopment plan envisions ho[...]

Post GreenCity, Henrico tries again

Post GreenCity, Henrico tries again

Henrico revives arena plans after GreenCity collapse, targeting a 17,000-seat venue by 2028 amid law[...]

$35B Capital One-Discover merger closes

$35B Capital One-Discover merger closes

McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Ser[...]


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