As COVID-19 crisis continues, SBA is saving small businesses
With the world economy in crisis, Congress and President Donald Trump are working at breakneck speed to pass a massive stimulus package. This package is necessary to restore jobs and to stop unemployment from reaching 20%. Lawmakers aren’t alone in taking action to stave off coronavirus-induced economic disaster. The Small Business Administration (SBA) has issued […]
A message to our readers
During the COVID-19 pandemic, Virginia Business continues to gather the most timely and informative news each day, disseminating it through our daily e-newsletter, as well as breaking news alerts. Our upcoming April issue, which will be available both in print and online, will include a cover story special report on the coronavirus crisis. Although news […]
‘We’re going to be here to help you’
Virginia Business virtually sat down with Gary Thomson, managing partner of Richmond-based Thomson Consulting LLC and chairman of the board of the Virginia Society of Certified Public Accountants, to get a feel for how the accounting industry has adapted to doing business during the coronavirus crisis. This is the first of a series of conversations […]
Va. government procuring medical equipment, Northam says
Update, 5:30 p.m., Tuesday: Two elderly Henrico County residents have died from COVID-19, the Virginia Department of Health reports. They were two of four cases reported last week at the Canterbury Rehabilitation and Healthcare Center, and the statewide fatality number now stands at nine. Earlier: During his daily coronavirus press conference, Gov. Ralph Northam said that […]
Northern Virginia Community College launches COVID-19 emergency fund for students
Northern Virginia Community College (NOVA) Educational Foundation on Monday launched an emergency student aid fund to help students struggling with economic fallout from COVID-19, with a goal to issue $500 grants to at least 1,500 students. More than half of NOVA’s 85,000 students work full- or part-time jobs, according to the community college, and the […]
More than 23,000 hotel jobs lost so far in Va.
As of Monday, the lodging and hotels industry has lost more than 23,000 jobs in Virginia as a result of the coronavirus crisis, according to Eric Terry, president of the Virginia Restaurant, Lodging & Travel Association. The American Hotel and Lodging Association (AHLA) on Monday released the results of a study estimating that Virginia’s lodging […]
Death toll reaches 7; Virginia Beach reports first fatality
A man in his 70s has died from COVID-19, the first coronavirus death reported in Virginia Beach and the seventh statewide, according to a statement Monday from the Virginia Beach Health District. The man had underlying health conditions, according to a Monday afternoon news release, and the cause of death was acute respiratory failure. The […]
Va. banks stay open for business, but close lobbies
Virginia banks are open for business during the coronavirus crisis, but many are practicing social distancing by closing their lobbies to the public and only allowing in-person visits by appointment. “Providing safe and reliable service is a key priority for every one of our banks, especially in challenging times,” Virginia Bankers Association (VBA) Chairman Jeff […]
Northam issues more restrictions; schools closed for rest of semester
Updated, 4:15 p.m. Monday: A seventh death has been reported by the Virginia Beach Health District, the first fatality related to COVID-19 in the district. The patient was a man in his 70s who had underlying health conditions, according to the Monday afternoon news release. More information here. Earlier: With novel coronavirus cases mounting across Virginia […]
Six Virginians dead from COVID-19; cases rose 44% in 24 hours
The Virginia Department of Health announced the deaths of three more Virginia residents Sunday, bringing the number of COVID-19 fatalities in the commonwealth to six people. The three patients lived in the Peninsula District and were women in their 80s, according to a VDH news release. One woman lived in a long-term care facility, and […]
The Community Foundation debuts $3M fund to aid nonprofits
Richmond-based nonprofit The Community Foundation is partnering with the Emergency Management Alliance of Central Virginia and PlanRVA to create a regional emergency response fund to support Richmond-area nonprofits responding to the impact of COVID-19. The $3 million Central Virginia COVID-19 Response Fund was seeded with a $500,000 contribution from The Community Foundation and will be […[...]
UPDATED: Six Virginians have died from COVID-19; Va. cases climb to 220
UPDATE, 5 p.m., Sunday: The Virginia Department of Health announced the deaths of three more Virginia residents Sunday, bringing the number of COVID-19 deaths in the state to six people. The three patients lived in the Peninsula District and were women in their 80s, according to a VDH news release. One woman lived in a […]