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No dice: Richmond casino referendum fails by large margin
Richmond’s do-over casino referendum failed at the ballot box Tuesday by a much larger margin than the first casino referendum did in 2021, as about 61% of Richmond voters said no to the $562 million Richmond Grand Resort & Casino. It was not a good night for gambling interests in Virginia, as voters in Manassas […]
Urban One chair, radio hosts slam casino foes on air
Updated Nov. 4 Richmond casino referendum rhetoric took an ugly turn this week, as an Urban One radio host in Richmond compared anti-casino campaigner Paul Goldman to biblical traitor Judas and negatively referenced his Jewish faith — drawing condemnation as antisemitic speech — while speaking on air Wednesday about the casino referendum on city ballots […]
Former Siemens exec charged in Dominion bid-rigging case
A retired Siemens Energy executive is facing a felony charge in an alleged conspiracy to steal its competitor’s trade secrets, helping the German energy company prevail in a winning bid to build a gas turbine “peaker” plant in Chesterfield County for Dominion Energy in 2019. John Gibson, of Winter Park, Florida, was charged in U.S. […]
Richmond-Petersburg pharma coalition wins fed designation
Central Virginia’s pharmaceutical hub received a federal designation that could lead to millions in federal funding in the future, while a 3D printing consortium in the New River Valley and Danville won a $500,000 federal grant, the U.S. Department of Commerce announced Monday. A group of public and private sector partners conducting pharmaceutical research and […]
Medical Society of Va. elects new president
The Medical Society of Virginia elected Richmond-based Dr. Alice Coombs as its next president at the organization’s annual meeting Oct. 14. Coombs, a critical care specialist, anesthesiologist and internist, as well as the chair of Virginia Commonwealth University School of Medicine’s anesthesiology department, is the fourth woman and first Black president of MSV, which was […]
Va. localities crack down on short-term rentals
RICHMOND, Va. — Several Virginia municipalities have recently drafted or passed ordinances to regulate short-term rentals. Scrutiny of short-term rentals mirrors a nationwide trend. Companies like Airbnb and Vrbo have become popular lodging options for tourists, as well as people in need of temporary housing. Municipalities have pushed back against the rental options for reasons […]
Atlantic Union CEO tapped as American Bankers Assoc. chair-elect
Atlantic Union Bankshares CEO John C. Asbury is the 2023-2024 chair-elect for the American Bankers Association. ABA announced its new board officers and directors on Tuesday, following its annual convention in Nashville, Tennessee. Asbury was the ABA’s 2022-2023 vice chair. He’s a past chairman of the Virginia Bankers Association and the Mid-Size Bank Coalition of […]
Thalhimer Multifamily adds management of five apartment communities
Thalhimer Multifamily has taken on management of five new properties, including two that expand the company’s reach into Culpeper and Front Royal. The company, a division of Glen Allen-based Cushman & Wakefield | Thalhimer, announced the management agreement for Charlottesville-based Hearthwood Apartments; Morningside Apartments in Richmond; Shenandoah Commons in Front Royal; and Southri[...]
McGuireWoods Consulting taps education team lead
Richmond-based McGuireWoods Consulting has named former Virginia Secretary of Education Laura Novey to lead its national education team, the firm announced Tuesday. Novey joined the consulting firm affiliated with the state’s largest law firm in 2017 as senior vice president, after serving as executive assistant to the president for state governmental affairs at the University of Virginia.[...]
Reid retiring as Dominion Energy Services president
Carter Reid, executive vice president, chief of staff and corporate secretary of Dominion Energy, as well as president of Dominion Energy Services, will retire Jan. 1, 2024, the Richmond-based utility announced Monday. Carlos Brown, Dominion’s senior vice president, chief legal officer and general counsel, will be promoted to president of Dominion Energy Services and Dominion […]
Dominion Energy shareholders receive mini-tender offer
Dominion Energy is urging its shareholders to reject a “mini-tender” offer from TRC Capital Investment, the Richmond-based Fortune 500 utility announced Monday. Toronto-based investment firm TRC Capital offered to purchase up to 2 million shares of Dominion Energy’s common stock for $44 per share in cash, approximately 4.47% below the closing price of Dominion common […]
Nasdaq triggers delisting process for Urban One
Nasdaq has begun the delisting process for Urban One, the Maryland-based media company behind the proposed casino in Richmond, because it has not filed quarterly finance reports for fiscal year 2023 on time. The stock exchange’s notification does not affect trading of Urban One or its presence on Nasdaq yet; according to a Friday news […]
