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Recent Articles from Virginia Business
HEARD AROUND VIRGINIA November 2023
Richmond-based Absurd Snacks is now selling its products in 14 Whole Foods Market stores throughout Washington, D.C., Maryland and Virginia, as well as via Amazon.com. Co-founders Grace Mittl and Eli Bank, who serve as CEO and chief operating officer respectively, began fostering a relationship with Whole Foods in 2021 while taking an entrepreneurial pilot course at the University […]
An overview of Hampton Roads
With a population of 1.79 million people in 17 localities, Hampton Roads is the second most populated region of Virginia, just behind Northern Virginia. Virginia Beach, with approximately 457,000 residents, is the commonwealth’s biggest city by population, and neighboring Norfolk has the highest density in the region, with 4,467 people per square mile, according to […]
Executive insights
Virginia Business asked six Hampton Roads leaders to discuss how their organizations are contributing to the region’s success and meeting challenges such as workforce recruitment and inflation. DAWN GLYNN President and chief experience officer, Corporate Services Group, TowneBank, Suffolk How are your customers responding to inflation and higher interest rates? After many years of historically[...]
Making bank
Suffolk-based TowneBank continued to lead Hampton Roads with the largest market share in fiscal 2022, 25.67%, according to the Federal Deposit Insurance Corp.’s June 30, 2022, report. However, that figure declined from fiscal 2021, when the bank held a 27.49% market share. Meanwhile, Charlotte, North Carolina-based Truist Bank is threatening to close in on that […]
October 2023 FOR THE RECORD
Central Health system Bon Secours filed suit against insurer Anthem Health Plans of Virginia Aug. 30 in Henrico County Circuit Court, alleging Anthem owes Bon Secours $93 million in unpaid claims. The plaintiff, BSMH Virginia, alleges Anthem Health Plans of Virginia, doing business as Anthem Blue Cross and Blue Shield, failed to pay “in excess […]
October 2023 Top Five
The top five most-read daily news stories on VirginiaBusiness.com from Aug. 16 to Sept. 14, 2023, were led by the news that Bon Secours filed suit against Anthem in Henrico County Circuit Court. 1 | Bon Secours sues Anthem for $93 million The health system alleges that insurer Anthem Health Plans of Virginia owes unpaid […]
Answering local needs
Since it began offering inpatient psychiatric care at its $224 million Children’s Pavilion last October, Children’s Hospital of The King’s Daughters has admitted 500 patients, according to Dr. Carl Petersen, chief of mental health services at CHKD. One in five children are estimated to have a mental health condition, according to the U.S. Centers for […]
Startup resources
Entrepreneurship continues to grow across Hampton Roads, with many organizations dedicated to helping startups and small businesses expand and thrive. Here is a sample of the many resources available: 504 Capital 504capital.com 757 Accelerate 757accelerate.org 757 Angels 757angels.org 757 Startup Studios 757startupstudios.org 757 Makerspace 757makerspace.com Black BRAND blackbrand.biz Business Dev[...]
Workforce development
The Apprentice School at Newport News Shipbuilding Founded in 1919, The Apprentice School in Newport News has graduated more than 11,000 apprentices over its long history. Part of Huntington Ingalls Industries’ Newport News Shipbuilding division, it offers apprenticeship programs and Associate of Applied Science degrees in 19 shipbuilding disciplines and seven optional advanced programs of [&hel[...]
