Sign In
Free Newsletter
Labor market continued slow recovery in early November
The labor market continued its slow recovery during the week of Nov. 8, according to Virginia Commonwealth University and Arizona State University economists. Early November saw 69.9% of working age adults employed, which is still far below the 73.8% employment rate from February right before the pandemic, according to the Real-Time Population Survey conducted by […]
Virginia sees significant uptick in COVID-19 cases, deaths
As the coronavirus spreads dramatically across the nation, Virginia recorded 16,401 new COVID-19 cases and 136 deaths last week, a significant increase in both statistics compared with recent weeks. The previous week brought 11,160 new cases and 93 deaths, according to the Virginia Department of Health (VDH). Due to increased testing, though, the seven-day positivity […]
Va. unemployment rate fell less than 1% between September and October
Virginia’s seasonally adjusted unemployment rate fell by less than 1% between September and October to 5.3%, according to employment statistics released Friday by the Virginia Employment Commission — but unemployment still remains 2.6% higher than the same time last year. The labor force fell by 0.4% to 4.27 million while the number of employed Virginians increased […]
David Baldacci donates $100K to Smith Mountain Lake meals program
Bestselling author David Baldacci and his wife, Michelle, have donated $100,000 to The Landing Love Project, a nonprofit initiative to expand meal delivery services to at-risk families and seniors in the Smith Mountain Lake region. The Landing Love Project was established in March 2020 by March Bruno and Tiffany Silva, owners of The Landing Restaurant, […]
Initial jobless claims rise as extended benefits come to an end
As the U.S. Department of Labor notified the Virginia Employment Commission that the state’s extended benefits program would end on Nov. 21, more than 11,000 Virginians filed initial jobless claims and more than 85,000 filed continued claims. Under the extended benefit program, Virginians who had already used regular unemployment insurance benefits as well as any […]
Judge cancels Fairfax County gun show due to COVID risk
A large gun show scheduled this weekend at the Dulles Expo Center that could have drawn an estimated crowd of 25,000 people will not take place, a Fairfax County circuit court judge ruled Thursday morning. The Nation’s Gun Show was scheduled for Nov. 20-22, and the gun show’s promoter, Showmasters Inc., along with a firearm […]
Online education provider K12 Inc. rolls out new brand name
Herndon-based online education provider K12 Inc. announced Wednesday plans to change its brand name to Stride Inc., effective Dec. 16. “A great education doesn’t stop at high school graduation,” Stride CEO and Chairman Nate Davis said in a statement. “The Stride brand recognizes that, as a company, we are no longer limited by the boundaries […]
Hilton to sell $1.9B in debt in private offering
As hotel industry revenues continue plummeting, McLean-based Hilton Worldwide Holdings Inc. announced this week it will sell $1.9 billion in debt in a private offering to institutional buyers. The hotelier will sell $800 million of senior notes (due in 2029) at a 3.75% interest rate and an additional $1.1 billion at a 4% rate. Those […]
Northam: ‘Staying home is an act of love’
Gov. Ralph Northam said that news about mobile morgues in other states with COVID-19 spikes prompted him to enact new mitigation measures on Friday across the state. “What really affected me was seeing mobile morgues outside hospitals because there was no place to put the dead,” the governor said at his news conference Wednesday afternoon. […]
Hampton Roads Navy installations under increased COVID-19 restrictions
U.S. Navy personnel in Hampton Roads were ordered Tuesday to restrict their travel to work, home and essential stops, and avoid gathering in groups of more than 10 people. Rear Adm. Charles W. Rock, commander of the Navy’s mid-Atlantic region, issued the order after an increase in COVID-19 cases. The following restrictions — labeled “Health […]
Washington Football Team closes Ashburn sports training complex
The Washington Football Team announced Tuesday it would close its Inova Sports Performance Center in Ashburn after finding out that a player had tested positive for COVID-19 on Monday night. The team has closed the sports complex where the team trains in Ashburn and has moved all meetings online scheduled for this week, according to […]
More than $1.9M in grants going to Va.’s tourism industry
While COVID-19 continues to slam the tourism and hospitality industries, Gov. Ralph Northam announced Monday that more than $1.9 million in matching grants will be disbursed among 161 local tourism initiatives as part of Virginia Tourism Corp.’s Recovery Marketing Leverage Program (RMLP). Although Virginia’s tourism industry had another record year in 2019, posting $27 billion [&hellip[...]
