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Recent Articles from Virginia Business
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[...]
Inc. 5000 2023 rankings
In July, the following Hampton Roads companies were named among the nation’s fastest growing companies based on verified annual revenues from the past three years, according to Inc. magazine. Read more about local Inc. 5000 winners.
October 2023 Virginia 500 Spotlight: NEIL HOUFF
FIRST JOB: Feeding calves on the family farm MOST VALUED POSSESSION: My faith in Jesus. All else will be gone at some point. HOW I UNWIND FROM WORK: Mowing the lawn or mowing pastures on our farm HOW I BALANCE MY WORK AND PERSONAL LIFE: My work and personal life have always been intermingled and […]
StartVirginia: October 2023 Heard Around Virginia
Aravenda, a Fairfax e-commerce software company targeting consignment shops and resellers, landed a spot in the latest women founders cohort of the Google for Startups Accelerator. Aravenda’s software helps consignment and resale shops track inventory and manage payouts to people who sell there. Customers can use the software to build websites and manage inventory across […]
October 2023 Out and About
1. L to R: Justine Gayle, vice president of Booz Allen Hamilton’s business services team; Booz Allen Hamilton President and CEO Horacio Rozanski; and Norfolk Economic Development Interim Director Sean Washington cut the ribbon on Aug. 15 for a delivery hub expanding the firm’s Business Services Center at its Norfolk office. Photo by Stephanie Kalis/Booz […]
