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Va. hotel revenues slowly improving
Hotel revenues in Virginia slightly improved last week, but still remain at a 46% decrease compared to the same week last year, according to new data from STR Inc., a division of CoStar Group providing market data on the U.S. hospitality industry. The week before last, STR had reported a 50% decrease in hotel revenues […]
Richmond nonprofit wins $2.99M National Science Foundation grant
The National Science Foundation (NSF) has awarded Richmond-based nonprofit CodeVA a four-year, $2.99 million project award to develop a computer science program for teaching history to underserved communities in Virginia. This is CodeVA’s first federal grant award. CodeVA was awarded the Discovery Research PreK-12 (DRK-12) program grant for its proposal “Reaching Across the Hallway: An […][...]
For first time ever, Kings Dominion will close for entire year
Kings Dominion won’t open this year due to challenges surrounding the COVID-19 pandemic, the theme park in Doswell announced Tuesday. The park, which first opened in in 1975 has never before closed for an entire season, Kings Dominion communications manager Maggie Sellers confirmed Tuesday. “We are disappointed that we are u[...]
Hampden-Sydney College receives $6M gift
Hampden-Sydney College has received its second-largest gift in its 245-year history — a $6 million gift from Rob (an alum) and Cindy Citrone to support the college’s experiential learning program Compass. “Rob and Cindy have long been devoted champions of the college’s mission and our efforts to strengthen the experience we offer young men,” President […]
Va. tops annual tech business rankings
Virginia topped the charts in many categories of Business Facilities’ 16th Annual State Rankings Report released last week — especially for technology. This year, Virginia was ranked No. 1 for its cybersecurity leaders, digital infrastructure and unmanned aerial systems and No. 2 for its business climate. This was the first year that the national business […]
Leidos names health group president
Reston-based federal contractor Leidos announced Monday that Elizabeth “Liz” Porter has been promoted as the company’s health group president. She will report to Chairman and CEO Roger Krone. Porter had been serving as acting health group president since March 9 and had previously served as operation manager for the Leid[...]
Dominion taps new CEO, rearranges top leadership
Dominion Energy Inc. Chairman, President and CEO Thomas F. Farrell II will become executive chair effective Oct. 1. Robert M. Blue, the Richmond-based Fortune 500 energy utility’s executive vice president and co-chief operating officer, will succeed Farrell as president and CEO, the company announced Friday. Also on Friday[...]
Bechtel Corp. names new president, COO
Reston-based construction company Bechtel Corp. announced Thursday that Craig Albert has been promoted to president and chief operating officer, effective Sept. 8. Albert will succeed Jack Futcher, who will retire at the end of the year after a 40-year career but continue to serve as a director on the company’s board. “Jac[...]
Va. saw nation’s second-highest jobless spike last week
Coming on the heels of reports that the U.S. domestic gross product in the second quarter dropped to its lowest point since 1947, the U.S. Department of Labor reported Thursday that Virginia saw the second-highest increase in initial jobless claims in the nation last week. The Department of Labor reported Thursday morning that 46,524 Virginians […]
Strategic Education buys Aussie, NZ universities for $642.7M
Herndon-based education company Strategic Education Inc. announced Wednesday it will acquire Laureate Education’s Australia and New Zealand academic operations for $642.7 million in cash. The acquisition will allow Strategic Education to expand outside of its U.S. operations, which currently includes online Capella University and Strayer University, as well as coding schools DevMountain, Generation Code, Hackbright […][...]
VCU names health system CEO, health sciences senior VP
Virginia Commonwealth University and VCU Health System announced Wednesday that Dr. Arthur L. Kellermann will become VCU Health System CEO and VCU’s senior vice president for health sciences on Oct. 1. Dr. Peter F. Buckley, who has held both positions on an interim basis since January, will continue in his role until Kellerman[...]
Va. hotel revenues dropped by 50% last week
Hotel revenues last week continued to decrease by 50%, compared with the same week last year, according to new data from STR Inc., a division of CoStar Group providing market data on the U.S. hospitality industry. Last week, STR had reported that the U.S. hospitality industry had marked its worst quarter yet. Nationally, however, the […]
