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Colonial Williamsburg extends closures through May, plans additional furloughs
Colonial Williamsburg Foundation is extending its closures through May 31 and is furloughing additional staff. The nonprofit, which owns and operates the Historic Area, museums, hotels, restaurants and other attractions, had originally announced closures would last through April 30. The Williamsburg Lodge, which has remained ope[...]
SBA Paycheck Protection Program loaned nearly $9B to Va. businesses
Before the Small Business Administration’s (SBA) $349 billion Paycheck Protection Program (PPP) relief fund ran out Thursday morning, Virginia banks processed more than 40,000 applications totaling nearly $9 billion, the Virginia Bankers Association announced Friday evening. Small businesses that received the forgivable loans are allowed to use the funds to meet payroll costs and pay […][...]
Va. Tech gears up to produce PPE for Carilion
Although the Roanoke and New River Valley health districts are seeing fewer confirmed COVID-19 cases than health districts in Northern, Eastern and Central Virginia, the Roanoke-based Carilion Clinic health care system has asked Virginia Tech to help it stockpile personal protective equipment (PPE) in the event of a surge in cas[...]
Survey shows 24M jobs lost since labor market stats last released
Approximately 24 million jobs have been lost since the last United States Department of Labor market statistics were released in mid-March, according to a survey conducted by economists at Virginia Commonwealth University and Arizona State University. “[This is] an unheard of loss in any economic downturn since the Great Depression,” said Adam Blandin, a VCU […]
Va. Beach commercial real estate development company names president
Virginia Beach-based The Runnymede Corp. announced Friday it has named Matthew Fine as president of the family-owned commercial real estate development company. Fine has been on the company’s board of directors for 30 years and managed a Hampton Roads portfolio for 20 years. He is also a founding director of Townebank Norfolk [...]
Northam issues order to expand state health care workforce
With an estimated 30,000 medical workers needed in the event of a surge of COVID-19 cases in Virginia, Gov. Ralph Northam has issued an executive order aimed at making it easier for nurse practitioners, fourth-year medical students, residents, interns and out-of-state doctors to assist hospitals and long-term care facilities wit[...]
Fairfax County establishes $2.5M small business loan fund
Fairfax County announced Thursday that it has established the Fairfax County Small Business COVID-19 Recovery Fund — a $2.5 million fund to support small businesses that have suffered economic hardship during the pandemic. The recovery fund will make no-interest loans of up to $20,000 to eligible businesses. In order to apply, the small business must […]
Danville Community College names associate VP of human resources
Danville Community College announced Tuesday it has hired Bruce Cottrill as its associate vice president of human resources, a new position for the college. Cottrill relocated from Charleston, West Virginia, where he was most recently the interim vice chancellor for human resources with the West Virginia Higher Education Pol[...]
Fairfax software company names new COO
Fairfax County-based computer software company 3Pillar Global announced Thursday it had promoted former chief revenue officer Heather Combs to chief operating officer. In her new role, Combs will work on company growth strategies and will continue to oversee development and operations of 3Pillar’s services including marketin[...]
More than 100k Virginians filed for unemployment last week
More than 100,000 Virginians filed initial claims for unemployment last week, according to a news release Thursday afternoon from the Virginia Unemployment Commission. During the week that ended on April 11, Virginia saw 104,619 workers file for unemployment, bringing the most recent four-week total to 410,762. If 67,000 more Vi[...]
Amazon.com Inc. hires 3.3k+ Virginians, more to come
Amazon.com Inc. has hired more than 3,300 employees in Virginia to meet the increased demand for home deliveries during the coronavirus crisis, the e-commerce giant announced Thursday. The hirings are part of Amazon’s initiative to create more than 100,000 full- and part-time jobs in the U.S. in response to the COVID-19 pandemic. It’s also more […]
SBA Paycheck Protection Program runs dry, as expected
The Small Business Administration’s (SBA) $349 billion Paycheck Protection Program (PPP) relief fund officially ran dry Thursday morning, as expected. “The SBA is currently unable to accept new applications for the Paycheck Protection Program based on available appropriations funding,” according to the SBA’s PPP page. Small businesses that receive the forgivable loans are allowed to […][...]
