Please ensure Javascript is enabled for purposes of website accessibility

Industries

Jan 30, 2022

Directory of business schools in Virginia

Public colleges & universities (nonprofit, based in Virginia) CHRISTOPHER NEWPORT UNIVERSITY Joseph W. Luter III School of Business Newport News | 757-594-7215 cnu.edu/schoolofbusiness GEORGE MASON UNIVERSITY School of Business Fairfax | 703-993-1880 business.gmu.edu JAMES MADISON UNIVERSITY College of Business Harrisonburg | 540-568-2785 jmu.edu/cob LONGWOOD UNIVERSITY College of Business & Economics Farmville | 434-395-2042 lo[...]

America is “dangerously dependent on foreign sources for some of our most critical essential medicines,” says Phlow CEO Dr. Eric Edwards (L), who co-founded the Richmond-based pharmaceutical startup with Frank Gupton (R).
Jan 30, 2022

Economic healing

Over the years, Petersburg has become accustomed to bad economic news. After Brown & Williamson Tobacco Corp., Petersburg’s largest employer for decades, left the city in 1985, Petersburg suffered an economic downturn from which it’s never quite recovered. More recently, in 2016, Petersburg city government had a roughly [...]

Virginia State Capitol. Courtesy Virginia Department of Historic Resources.
Jan 28, 2022

Va. bills advance to halt minimum wage increases

RICHMOND, Va. – Two bills introduced by Republicans to halt future minimum wage increases have advanced to the House floor. Minimum wage in Virginia increased to $11 an hour on Jan. 1 and is set to increase to $12 next January. The House Commerce and Energy committee approved House Bill 320, introduced by Del. Nicholas [&helli[...]

Christopher D. Kastner will become president and CEO of Huntington Ingalls Industries on March 1. Photo courtesy HII.
Jan 28, 2022

HII names new president and CEO

Christopher D. Kastner will become president and CEO of Newport News-based Huntington Ingalls Industries, the nation’s largest military shipbuilder, on March 1. Mike Petters, who has served as the Fortune 500 company’s president and CEO since Northrop Grumman Corp. spun off its shipbuilding division in 2011, will bec[...]

Jan 27, 2022

Hilb Group founder to lead acquisitions for Virginia Beach firm

Robert “Bob” Hilb will lead mergers and acquisitions at Virginia Beach-based insurance agency Choice Financial Group and continue to serve as a senior adviser and board member, the company announced Wednesday. “Bob’s experience and knowledge assisted my agency in achieving 700% growth from 2018 to 2021,” Richard Braun,[...]

Jan 27, 2022

Port of Va. had $100B+ economic impact in FY21

Amid some of the toughest months of the pandemic, the Port of Virginia set cargo records, processing more than 3.2 million TEUs (20-foot equivalent units) for the fiscal year ending June 30, 2021, and generating more than $100.1 billion in ancillary economic impact, according to the port’s fiscal 2021 economic impact repor[...]

Jan 27, 2022

Appalachian Council for Innovation taps exec director

John Bebber has been hired as executive director of the Appalachian Council for Innovation, its board announced earlier in January. He was previously district director for U.S. Rep. Morgan Griffith, R-Abingdon. ACI is a nonprofit regional economic development organization founded in 1999 as the Southwestern Virginia Technology C[...]

Jan 27, 2022

Va. job openings, number of hires rebound from October 2021

Virginia had 301,000 job openings in November, a small rebound from October 2021, according to U.S. Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) data released Jan. 21. In October 2021, job openings in Virginia declined by about 28,000, which was the largest drop among states. The Virginia job openings rate […]

Jan 27, 2022

New Va. unemployment claims down 32%

Virginia’s new unemployment claims declined by almost 32%, the Virginia Employment Commission reported Thursday. For the filing week ending Jan. 22, Virginians filed 1,940 initial claims, down 909 from the previous week. Continued claims totaled 7,543, an increase of 484 claims from the week before. Compared to the same week l[...]

Jan 26, 2022

ODU’s Strome Center to host tech entrepreneur weekend

Old Dominion University’s Strome Entrepreneurial Center will hold its 3 Day Startup weekend entrepreneurship program, where participants develop and pitch a product, from Feb. 4 to Feb. 6. ODU previously held the program in 2018, 2019 and 2021. This year’s event is focused on technology solutions. Attendees form groups on Friday afternoon and begin to […]

Jan 26, 2022

Elizabeth River Crossings announces CEO

Elizabeth River Crossings OpCo LLC (ERC) has promoted Anna Bonet to CEO, the company announced Wednesday. ERC finances, operates and maintains the Elizabeth River Tunnels from Portsmouth to Norfolk. Bonet joined ERC as deputy CEO in September 2021 and worked with former CEO David Sullivan, who announced his retirement last week.[...]

Vinod Agarwal. Photo by Mark Rhodes
Jan 26, 2022

Va. economic growth will slow in 2022, ODU economists predict

Virginia’s economy is likely to grow at a slightly slower pace in 2022 than it did last year, with the COVID-19 pandemic continuing to make future predictions murky, according to the 2022 Annual Economic Forecast released Wednesday by Old Dominion University’s Dragas Center for Economic Analysis and Policy. “If we can [...]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.