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Hampton Roads State of the Region report shows slow recovery
The Hampton Roads region is slowly recovering from pandemic-spurred economic distress but has lost a large chunk of its workforce, according to Old Dominion University’s Dragas Center for Economic Analysis & Policy’s 2021 State of the Region Report released Tuesday. Hampton Roads’ labor force and individual employment levels peaked in February 2020, only to be […]
ODU board names new rector, other officers
The Old Dominion University Board of Visitors has elected a new slate of officers, including former newspaper executive Bruce Bradley as rector, the university announced Monday. Bradley was the president of Landmark Publishing Group and executive vice president of Landmark Media Enterprises LLC before he retired, and he was previously president and publisher of The […]
Va. new jobless claims declined again last week
Virginia’s new unemployment claims fell for the second week in a row last week, declining by 20%, the Virginia Employment Commission reported Thursday. Continued jobless claims also decreased for the filing week ending Sept. 4, down 2,036 claims from the previous week to total 44,435. Initial claims totaled 6,179, down 1,598 claims from the previous […]
Education
MAKOLA M. ABDULLAH PRESIDENT, VIRGINIA STATE UNIVERSITY, ETTRICK While many college presidents enjoy basketball, few have Abdullah’s moves. In March, a video of him tying up an opponent went viral, receiving millions of views and appearing on ESPN’s “SportsCenter.” Abdullah has overseen dramatic turnarounds at Virginia State University since he became its 14th president in [&hellip[...]
Hampton Roads universities ink deal to establish public health school
The presidents of Old Dominion University, Norfolk State University and Eastern Virginia Medical School signed a memorandum of understanding Thursday to establish Virginia’s first school of public health. The MOU solidifies the plan announced in January to develop a regional school of public health and address health inequities. The universities will now apply for accreditation […]
Va. hotel revenues increased by 178% in May
Virginia hotel revenues for May 2021 increased by 178% compared with May 2020, according to data released Tuesday by STR Inc., a CoStar Group division that provides market data on the U.S. hospitality industry. During the same period, rooms sold went up by 96%. The average daily rate (ADR) paid for hotel rooms rose 42% […]
New, continued jobless claims maintain decline in Va.
Virginia’s unemployment claims, both initial and continued, fell again last week, continuing the positive trend of the last few weeks, the Virginia Employment Commission reported Thursday. For the filing week ending June 5, 7,210 people filed new unemployment claims, a decrease of 880 claims since the previous week. Continued claims totaled 50,261 last week, a […]
BDO USA names Hampton Roads market leader
Accounting firm BDO USA LLP announced Thursday that Edward Amorosso has been named market leader for the company’s Hampton Roads market, a promotion from his previous position as the Norfolk office’s managing partner and national co-industry leader in government contracting. Before joining BDO, Amorosso served as CEO of McPhillips, Roberts & Deans, which was acquired […]
Sentara expands Healthier Communities Fund by $40M
Sentara Healthcare is allocating $40 million to expand its Healthier Communities Fund across Virginia and northeast North Carolina, with an aim to address health disparities that have been magnified by the impact of COVID-19 among underserved populations. Today’s announcement follows an initial $10 million the Norfolk-based health care system pledged in January to address health […]
Offshore wind coworking space opens in Norfolk
The growing offshore wind industry in Hampton Roads caught another gust Wednesday with the opening of a coworking and networking space in Norfolk‘s World Trade Center. The hub, called the Virginia Offshore Wind Landing — or the Landing, for short — is a joint venture of Old Dominion University’s OpenSeas Technology Innovation Hub, the Hampton […]
Commonwealth Cyber Initiative funds $1M for student cybersecurity projects
The Commonwealth Cyber Initiative has allocated $1 million toward experiential cybersecurity projects for students at universities across the state, the organization announced Thursday. The seven projects involve student researchers from George Mason University, Longwood University, Marymount University, Old Dominion University, Radford University, the University of Virginia, Virginia Tech and Wil[...]
Va. hotel revenues up 12% in March
Virginia hotel revenues for March 2021 increased by 12% compared with March 2020, according to data released Tuesday by STR Inc., a CoStar Group division that provides market data on the U.S. hospitality industry. During the same period, rooms sold went up by 25%. The average daily rate (ADR) paid for hotel rooms dropped 10% […]
