Sign In
Free Newsletter
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 […]
Fairfax company lands $54M cybersecurity contract
The U.S. Department of the Interior (DOI) has awarded Fairfax-based business and technology consulting company Customer Value Partners Inc. (CVP) a four-year, $54 million contract to provide department-level cybersecurity services. The award has been distributed through the DOI’s Information Management and Assurance Program Support contract. CVP will provide risk management, continuous monitoring, information security officer [&hellip[...]
CES to go digital for 2021
The Arlington-based Consumer Technology Association (CTA) announced Tuesday its 2021 CES tech trade show — held in Las Vegas every year — will be all digital. The nation’s premier trade show for the consumer technology industry, CES will be held from Jan. 6 through Jan. 9. “Amid the pandemic and growing global health concerns about […]
Amherst County launches small business relief program
The Economic Development Authority of Amherst County (EDA) announced Tuesday the launch of its $500,000 Back in Business grant program, offering small businesses up to $15,000 in funding. The EDA received the funding Department of Housing and Community Development (DHCD) Community Development Block Grant (CDBG) for small business recovery assistance. Small businesses can also apply […]
U.Va. Medical Center snags No. 1 hospital rating for fifth year
University of Virginia Medical Center once again was ranked the best hospital in Virginia by U.S. News and World Report’s annual list of the best hospitals in the nation, which was released Tuesday. “It is an honor to be ranked the No. 1 hospital in Virginia for the fifth consecutive year, and I want to […]
VA awards Arlington tech company $153M contract
The U.S. Department of Veterans Affairs (VA) awarded Arlington-based federal technology contractor CACI International Inc. a six-year contract worth up to $153 million to modernize the department’s legacy financial management system, the VA announced Monday. The VA received three bids for the contract, which was awarded through the General Services Administration’s Information Technology Schedule 70. […][...]
Atlanta firm acquires Reston telecommunications company
Atlanta-based investment company Battle Investment Group has acquired Reston-based telecommunications company Oceus Networks, the company announced Tuesday. A transaction amount was not disclosed. As part of the acquisition, former Oceus Networks CEO Jeff Harman will be promoted to president. Brad Antle, the former CEO of Fa[...]
