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Industries

Vested interest
Oct 28, 2022

Vested interest

Eleven months into his first term in elected office, Gov. Glenn Youngkin can boast of several economic development successes and a few legislative wins, but one thing a lot of observers are discussing is his national profile and what it could mean in 2024. Youngkin — and his careful campaign to win over not only […]

Oct 28, 2022

Virginia Society of CPAs’ 2023 Economic Expectations Survey Results

Read VSCPA member interviews and more about the survey.

The Richmond region gained more than $2 billion in economic development investment in the past year, officials say. Photo by Matthew R.O. Brown
Oct 28, 2022

Exceeding expectations

In the greater Richmond region, local economic development authorities have been hard at work landing new business and securing expansions, and this year those efforts bore fruit, they say. In fact, 2022 has outpaced the past two decades, declares Jennifer Wakefield, the Greater Richmond Partnership’s  president and CEO, [...]

Richmond wellness space gets shot from Jack Daniel’s
Oct 28, 2022

Richmond wellness space gets shot from Jack Daniel’s

On his 33rd birthday, Brelan Hillman learned that BareSOUL Yoga and Wellness was selected as one of six finalists to compete for $10,000 in a pitch contest for Black-owned businesses in Richmond. With just a weekend to prepare, Hillman, a business partner and board member for BareSOUL, crafted his three-minute appeal to connect [...]

Everything is not awesome
Oct 28, 2022

Everything is not awesome

When Lego Group representatives toured Chesterfield County’s Meadowville Technology Park on a winter day early this year, they didn’t speak. As with most industrial site visits, the county economic development authority staffers conducting the tour didn’t yet know which company they were working with, although [...]

Return on investment
Oct 28, 2022

Return on investment

Christina Fleming embarked upon a career in marketing with the goal of getting an executive MBA degree, but other commitments kept getting in the way. She got married, had two children and moved up the corporate ladder for 26 years, rising to chief marketing officer at Blackboard Inc., a global education technology company that [...]

Oct 28, 2022

Virginia Society of CPAs’ 2023 Interviews

SOUTHWEST VIRGINIA Tara E. Adams, CPA Partner | Adams & Delp PC | Wytheville What are the benefits of living and working in Southwest Virginia? I love the mountain scenery, access to so many outdoor activities and most of all the sense of community you get in the smaller cities and towns.  How is the […]

Virginia Commonwealth University student Chadwick Davilsaint worked a paid summer internship at The Conciliation Lab, a theater in Richmond. Photo by Shandell Taylor
Oct 28, 2022

A step up the ladder

Internships often help college students learn what they want to do as a profession by expanding their horizons, providing on-the-job experience or helping them change paths to follow a new passion. For instance, an internship helped Virginia Commonwealth University student Oscar Kemp discover that his interest in domestic social[...]

Leidos’ airport security screening machines, including the ProVision2 body scanner, use artificial intelligence to determine quickly if a passenger or their bags contain prohibited items. Photo courtesy Leidos Holdings Inc.
Oct 28, 2022

Artificial intelligence gets real

Technology being developed in a nondescript office building in Reston could change how Army soldiers train for and operate in combat thousands of miles away. The Army’s Integrated Visual Augmentation System (IVAS) runs on a pair of Microsoft goggles and links to a microsized drone that flies autonomously and collects video[...]

Belabored shortages
Oct 28, 2022

Belabored shortages

Faced with a shortage of drivers, Trevor Dunlap had to find a new way to recruit interested candidates for his Chesapeake-based trucking and warehousing companies, Givens Transportation Inc. and Givens Inc. “It‘s very challenging to find qualified people and then be able to retain them,” he says, “and the wages we[...]

Home prices still increasing
Oct 28, 2022

Mortgage rates above 7% shock volatile housing market

Charlottesville Realtor Denise Ramey has a client who put in multiple bids for houses over the summer, when the market was booming, but they were all turned down. Now, with mortgage rates topping 7% for the first time in more than 20 years, he’s not sure if he will buy a house at all — […]

Finance/Insurance: THOMAS J. McINERNEY
Oct 28, 2022

Genworth president gives $1.5M to W&M

William & Mary has established a new postdoctoral fellowship in its Global Research Institute, funded by a $1.5 million gift from Genworth Financial Inc. President and CEO Tom McInerney, the college announced Wednesday. The fellowship will advance the GRI’s international study and research collaborations. A multidiscip[...]

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