Recent Articles from Kate Andrews
State deficit stands at $236.5M, down from $1B spring forecast
The state’s fiscal year 2020 deficit, predicted at one point to reach as much as $1 billion, stands at $236.5 million, Gov. Ralph Northam announced Thursday. Also, the state’s revenues increased by 2% compared to fiscal year 2019. The news comes as the General Assembly prepares to meet in August to make adjustments to the […]
Primland, Salamander nominated for USA Today resort list
Two Virginia resorts have landed on a list of 20 nominees for USA Today’s 10Best readers’ choice award for favorite destination resorts. Primland, in Meadows of Dan, and Middleburg’s Salamander Resort & Spa are nominated for the final list, which will be determined by readers’ ballots through July 27. The 10 winners will be named […]
Bausch + Lomb to expand, create 79 jobs in Lynchburg
Bausch + Lomb plans to invest more than $35 million to expand its contact lens products manufacturing facility in Lynchburg, creating 79 jobs over the next five years, Gov. Ralph Northam announced Wednesday. The new plant, which will be on 13.1 acres across from its existing facility on Graves Mill Road, will be the main […]
Richmond Symphony executive director stepping down
David Fisk, the executive director of the Richmond Symphony since 2002, will be leaving this fall to become president and CEO of the Charlotte Symphony in North Carolina. Born in Great Britain, Fisk is a graduate of Manchester University and the Royal Northern College of Music, where he studied piano accompaniment, harpsichord, composition and conducting. […]
Altria’s tobacco heating system approved as ‘modified risk’ product
Henrico County-based Altria Group Inc.’s IQOS tobacco heating system will be allowed to be marketed as a “modified risk” product, the U.S. Food and Drug Administration ruled Tuesday. IQOS is available in 53 countries, and more than 10 million people have purchased the system, which is marketed to adult smokers seeking to quit cigarettes. According […]
Northam speeds up Virginia’s clean energy timetable
The governor announced Tuesday the Clean Energy Virginia initiative, a project that aims to generate 100% of Virginia’s electricity from carbon-free sources by 2045 while investing in solar and wind energy and battery storage. “Virginia has a unique opportunity to fundamentally transform the state’s electric grid in a way that powers our COVID-19 economic recovery […]
Virginia sees increase in COVID-19 cases for second week
COVID-19 cases increased slightly last week in Virginia for the second week in a row, although the number of deaths during the same period was down a bit. The Virginia Department of Health reported 3,920 new cases for the week ending July 3, up from 3,724 the previous week. The seven-day positivity rate reported Monday […]
Colonial Williamsburg names chief development officer
William & Mary’s associate vice president for development has been named chief development officer at the Colonial Williamsburg Foundation. Earl T. Granger III will start his new position Aug. 2, the foundation announced Thursday. His hiring comes after a national search. A 1992 William & Mary graduate, Granger has served in various roles over the […]
McLean-based MorganFranklin Consulting public practice acquired by BDO
Accounting and advisory firm BDO USA purchased the public sector practice at McLean-based MorganFranklin Consulting, BDO announced this week. The sale, terms of which were not disclosed, will close July 16, according to a news release. MorganFranklin’s public sector practice works with several federal agencies, including the Department of Defense, the Army, the Marine Corps, […]
2020 RAMP cohort chosen
Roanoke-based business accelerator RAMP — the Regional Acceleration and Mentoring Program — announced the selection of six high-growth startups as part of its fourth round of training. The companies are taking part in workshops that test the viability and marketability of their products before they enter a larger market. RAMP is focused on companies in […]