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 […]
U.Va. names McIntire School of Commerce dean
The University of Virginia announced Wednesday that Nicole Thorne Jenkins will be the dean of the McIntire School of Commerce, effective July 1. Jenkins is currently vice dean of the Gatton College of Business and Economics at the University of Kentucky, where she is also the Von Allmen chaired professor of accountancy. She has also […]
U.Va. receives $1M gift for COVID-19 research fund
The University of Virginia announced Tuesday it has received a $1 million commitment from Charlottesville-area businessman and investor Paul Manning to establish The Manning Fund for COVID-19 Research, which will support the university’s efforts to develop COVID-19-related research projects. “The Manning Fund for COVID-19 Research is entrepreneurial, agile and will have an immediate impa[...]
Charlottesville Chamber launches local economic recovery initiative
The Charlottesville Regional Chamber of Commerce on Tuesday announced the launch of Project Rebound, a local economic recovery initiative to address the COVID-19 economic crisis. The project, hosted by The Chamber and economic offices at the University of Virginia, Albemarle County and the city of Charlottesville, aims to bring together local businesses to discuss challenges […]
U.Va. Foundation hires director of real estate asset management
The University of Virginia Foundation has hired Maryellen Dolan as director of real estate asset management, the organization announced Wednesday. The U.Va. Foundation has provided real estate, financial and administrative services to the university since 1986. Dolan will develop and implement strategies for the foundation’s real estate asset management and oversee asset management and facil[...]
Cville’s Castle Hill Gaming signs new HQ lease
Charlottesville-based slot-machine-gaming software developer Castle Hill Gaming signed the lease for its new 20,000-square foot headquarters in Albemarle County, where it will be the anchor tenant in the $45 million Stonefield mixed-use development. Washington, D.C.-based real estate firm The Bernstein Companies is funding the development via its OPZ Bernstein Opportunity Fund. Construction has y[...]