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Instacart hiring 12,000 Va. shoppers to meet rising demand
San Francisco-based online grocery delivery company Instacart announced Tuesday it would hire 300,000 more full-time shoppers, including 12,000 in Virginia, to meet the increase in demand caused by the COVID-19 crisis. “The last few weeks have been the busiest in Instacart’s history,” said founder and CEO Apoorva Mehta in a statement. “We expect to see […]
Genworth Financial moves closer to acquisition
Henrico County-based Genworth Financial Inc. has cleared another regulatory hurdle in its long-delayed takeover bid by China Oceanwide Holdings Group Co. Ltd. On Tuesday, the New York State Department of Financial Services reapproved Oceanwide’s proposed acquisition of Genworth’s New York-based insurance company, Genworth Life Insurance Company of New York (GLICNY). In connection with the reapproval, Genworth […][...]
The Hilb Group acquires Ohio company
Henrico County-based insurance company The Hilb Group LLC (THG) announced Tuesday the acquisition of Cleveland, Ohio-based Healthcare Liability Consultants Agency Inc., effective March 1. THG also hired the Healthcare Liability Consultants owner owner and medical malpractice insurance specialist Julie Paton as a producer. Financial terms of the acquisition were not disclosed. Founded in 2009, THG […][...]
Virginia ABC stores cut operating hours
Due to the ongoing coronavirus crisis, the Virginia Alcoholic Beverage Control Authority (ABC) is reducing operating hours at all of its statewide retail locations starting Friday, March 27. ABC’s 388 stores across the commonwealth will be open from noon to 7 p.m., seven days a week. ABC stores in the Peninsula Health District, which includes […]
‘We’re going to be here to help you’
Virginia Business virtually sat down with Gary Thomson, managing partner of Richmond-based Thomson Consulting LLC and chairman of the board of the Virginia Society of Certified Public Accountants, to get a feel for how the accounting industry has adapted to doing business during the coronavirus crisis. This is the first of a ser[...]
Va. government procuring medical equipment, Northam says
Update, 5:30 p.m., Tuesday: Two elderly Henrico County residents have died from COVID-19, the Virginia Department of Health reports. They were two of four cases reported last week at the Canterbury Rehabilitation and Healthcare Center, and the statewide fatality number now stands at nine. Earlier: During his daily coronavirus p[...]
Northern Virginia Community College launches COVID-19 emergency fund for students
Northern Virginia Community College (NOVA) Educational Foundation on Monday launched an emergency student aid fund to help students struggling with economic fallout from COVID-19, with a goal to issue $500 grants to at least 1,500 students. More than half of NOVA’s 85,000 students work full- or part-time jobs, according to the community college, and the […]
More than 23,000 hotel jobs lost so far in Va.
As of Monday, the lodging and hotels industry has lost more than 23,000 jobs in Virginia as a result of the coronavirus crisis, according to Eric Terry, president of the Virginia Restaurant, Lodging & Travel Association. The American Hotel and Lodging Association (AHLA) on Monday released the results of a study estimating th[...]
Va. banks stay open for business, but close lobbies
Virginia banks are open for business during the coronavirus crisis, but many are practicing social distancing by closing their lobbies to the public and only allowing in-person visits by appointment. “Providing safe and reliable service is a key priority for every one of our banks, especially in challenging times,” Virginia [...]
Northern Va. home prices rise, home inventory falls in February
Chantilly-based Long & Foster Real Estate released a report Thursday showing that median home sale prices rose, but home inventory dropped in most of Northern Virginia in February. The Long & Foster Real Estate Market Minute Report studied trends in Alexandria, Arlington, Fairfax County, Loudoun County and Prince Willi[...]
Northam issues more restrictions; schools closed for rest of semester
Updated, 4:15 p.m. Monday: A seventh death has been reported by the Virginia Beach Health District, the first fatality related to COVID-19 in the district. The patient was a man in his 70s who had underlying health conditions, according to the Monday afternoon news release. More information here. Earlier: With novel coronavirus[...]
Commercial real estate firms confident they can weather pandemic
Faced with the coronavirus pandemic, Virginia-based commercial real estate firms say they’re pausing transactions in the short term, but are still moving forward with long-term development plans. The firms are also turning their focus toward supporting tenants and landlords through financial difficulties caused by the cris[...]
