Sign In
Free Newsletter
Charlottesville Business Innovation Council announces 2020 awards
Charlottesville Business Innovation Council (CBIC) on Thursday announced winners of its 2020 CBIC awards, which honor entrepreneurship, and gifted $8,500 in scholarships and grants to three student entrepreneurs and a teacher to support entrepreneurship and science and technology education. Below is a list of award recipients: 2020 CBIC Educator of the Year: Dominique Morse, a […]
Michael Milken joins Focused Ultrasound Foundation board
Michael Milken, who was pardoned by President Donald Trump in February over felony charges for securities fraud, has joined the Charlottesville-based Focused Ultrasound Foundation’s board, the organization announced Thursday. Milken (often referred to as the “junk bond king”) is credited with being part of the development of high-yield bonds and was indicted in 1989 for […]
More college students head into quarantine as COVID-19 cases rise
RICHMOND — As more universities open, they’re collecting and releasing COVID-19 data and grappling with contingency plans for those who contract the disease. As of Thursday evening, universities across Virginia were reporting that more than 550 students, staff and faculty members have tested positive for COVID-19 since schools reopened two weeks ago, according to the […]
Blue Ridge, Bay Banks announce merger
Charlottesville-based Blue Ridge Bankshares Inc., the parent holding company of Blue Ridge Bank, announced Thursday it will merge with Richmond-based Bay Banks of Virginia Inc., parent holding company of Virginia Commonwealth Bank, in an all-stock transaction to create a bank with pro forma total market capitalization of nearly $200 million. Under the terms of the […]
Lee Enterprises plans newsroom cuts at Virginia publications
The Daily Progress newspaper in Charlottesville will lay off its four-person copy desk in early October, as Iowa-based owner Lee Enterprises eliminates local jobs in favor of a consolidated copy desk in Indiana or Wisconsin, according to a memo sent to affected employees Friday. The cuts at The Daily Progress are possibly just the beginning […]
U.Va. Medical Center snags No. 1 hospital rating for fifth year
University of Virginia Medical Center once again was ranked the best hospital in Virginia by U.S. News and World Report’s annual list of the best hospitals in the nation, which was released Tuesday. “It is an honor to be ranked the No. 1 hospital in Virginia for the fifth consecutive year, and I want to […]
Two Va. lawyers plead guilty in $200M extortion plot
Two Virginia lawyers have pleaded guilty to an extortion plot targeting a multinational chemicals company with demands for $200 million in “consulting fees,” according to a U.S. Department of Justice news release. Lawyers Timothy Litzenburg of Charlottesville, and Daniel Kincheloe of Glen Allen, both pleaded guilty June 19 in Charlottesville federal court. They face up […]
United Way of Greater Charlottesville teams up with Va. 30 Day Fund
The United Way of Greater Charlottesville announced Monday it has partnered with the Virginia 30 Day Fund with a goal to disburse $100,000 in funding to local early education centers, family day homes and minority-owned businesses facing financial challenges due to COVID-19. The United Way has made an initial $24,000 seed grant to the Virginia […]
‘Our chance to restart and reinvent’
As part of its COVID-19 economic recovery initiative Project Rebound, the Charlottesville Regional Chamber of Commerce on Thursday released a blueprint outlining recovery action steps for the business community. Produced by Big Four accounting firm KPMG LLP, the “Blueprint for Economic Resiliency and Reinvention in the Greater Charlottesville Region” maps out recovery action steps based [&he[...]
Charlottesville Chamber to distribute reopening toolkits
The Charlottesville Regional Chamber of Commerce on Wednesday announced that its COVID-19 economic recovery initiative Project Rebound will distribute 500 reopening toolkits to local businesses starting Monday, June 22. The Project Rebound toolkits include branded items that communicate standards such as complying with occupancy limits, wearing face masks and practicing social distancing. Each kit[...]
Charlottesville energy companies move toward merger
Charlottesville-based energy company Tiger Fuel Co. announced Friday it has acquired 40% of the shares of Altenergy Inc., which is also based in Charlottesville — a first step in the acquisition of Altenergy to be completed in March 2021. “Altenergy and Tiger share a common commitment to doing the right thing for our customers, our […]
Facebook awards nearly $170k in grants to three Va. newsrooms
Facebook Inc. announced Thursday that it has awarded a total of nearly $170,000 from its COVID-19 Local News Relief Fund Grant Program to three Virginia media outlets: The Richmond Free Press, Charlottesville Tomorrow and the Henrico Citizen. Facebook received more than 2,000 applications for the funding, dividing more than $10 million in grants among 144 […]
