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Va. hotel revenues stay at steady decline
As the pandemic surges on, Virginia hotel revenues remain at a steady decline when compared to last year, according to data from STR Inc., a CoStar Group division that provides weekly market data on the U.S. hospitality industry. For the week of Oct. 18 through Oct. 24, hotel revenues in Virginia decreased by 50% and […]
Con man gets 7 years for $4.4M government intelligence scam
A former Drug Enforcement Administration spokesperson was sentenced to seven years in federal prison on Wednesday for defrauding at least a dozen companies of more than $4 million while pretending to be a covert officer of the Central Intelligence Agency. In June, Garrison Kenneth Courtney, 44, of Florida, entered a guilty plea in U.S. District […]
Va. initial jobless claims jumped nearly 25% last week
The number of initial jobless claims in Virginia rose by 24.75% last week, the Virginia Employment Commission reported Thursday. For the week ending Oct. 17, 11,365 Virginians filed initial claims for unemployment, an increase of 2,255 from the previous week, according to the VEC. And the number of initial claims filed during the week ending […]
Arlington tech company names health operations lead
Arlington-based technology services provider Halfaker and Associates LLC announced Wednesday that it has named Katrina Tuisamatatele as deputy executive vice president of health operations. With more than 25 years of experience, Tuisamatatele most recently worked for the Department of Veterans Affairs’ Office of Information & Technology (OI&T), where she served as director of the hea[...]
NoVa housing market continues upward trend in September
Unlike other industries struggling during the pandemic, residential real estate continues to stay strong. Northern Virginia Realtors saw a 58% increase, or nearly $1.5 billion, in the amount of real estate sold in September compared to the same time period last year, according to the Northern Virginia Association of Realtors (NVAR). The NVAR service area […]
EY names five Virginians as mid-Atlantic entrepreneurs of the year
Virginia businesspeople took home five of the 12 Entrepreneur of the Year Mid-Atlantic Awards announced last week by multinational professional services company Ernst & Young LLP. The Virginia winners for the 2020 Entrepreneur of the Year Mid-Atlantic Award were: 3Pillar Global Inc. | David DeWolf, Fairfax HUNGRY Marketplace | Jeff Grass and Shy Pahlevani, Arlington […]
NoVa home sales increase during August
Northern Virginia home sales increased during the month of August, according to a report released Wednesday from Chantilly-based Long & Foster, the largest privately owned real estate company in the nation. Alexandria saw the largest increase, at 32%, followed by Arlington and Loudoun counties, which both increased by 15%. Although inventory fell throughout most of […]
Tech Innovation Campus announces advisory board
Amid its inaugural virtual semester, the Virginia Tech Innovation Campus in Alexandria is already kickstarting its future tech talent production through the creation of an advisory board, for which top Virginia executives will provide guidance to the campus on business partnerships and projects. Top executives from Qualcomm, Boeing, KPMG, Northrop Grumman, The Carlyle Group and […]
Metro considering $200M in spending cuts
The Metro Board of Directors is contemplating $200 million in spending cuts to maintain a balanced budget in the event that federal CARES Act funding runs out, which could lead to service cuts, shorter hours and layoffs. On Friday, the board for the Washington Metropolitan Area Transit Authority (WMATA) voted on potential service cuts, schedule […]
Academy launched to help 20 NoVa tech firms pivot for COVID-19
McLean-based Amplifier Advisors and a group of university, government, corporate and community partners on Tuesday announced the launch of the Tandem Product Academy, which will assist a cohort of 20 Northern Virginia tech companies to pivot their business models to respond to the COVID-19 economy. The four-month program, set to start on Oct. 21, is […]
NoVa housing market continues to recover
Northern Virginia saw an increase in the number of housing units sold in July, according to the Long & Foster Real Estate Market Minute Report released Friday. The report includes data from Alexandria and Arlington, Fairfax, Loudoun and Prince William counties. Alexandria saw the largest increase in units sold at 15%, and also saw the […]
Federal Contractors | Technology
CRAIG P. ABOD FOUNDER AND PRESIDENT, CARAHSOFT TECHNOLOGY CORP., RESTON The former president of Herndon-based DLT Solutions Inc., Abod founded Carahsoft in 2004. With roughly $5 billion in annual revenue, the defense contractor offers software, hardware and IT consulting services in the fields of cybersecurity, accounting, business intelligence and data analysis and storage. This year […]
