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Genworth Financial acquisition delayed again
The long-delayed $2.7 billion acquisition of Henrico County-based Genworth Financial Inc. by China Oceanwide Holdings Group Co. Ltd. has been postponed again. The Virginia State Corporation Commission’s Bureau of Insurance reapproved the merger and the companies agreed to a 14th waiver and agreement to each party’s right to terminate the proposed agreement. The latest waiver […]
Gun group asks Northam to lift indoor gun range restrictions
RICHMOND, Va. — Virginia gun owners are calling on Gov. Ralph Northam to remove indoor gun ranges from the list of nonessential businesses closed due to the COVID-19 pandemic. Meanwhile, this comes as background checks for firearm purchases saw double digit growth from February to March. The Second Amendment advocacy group[...]
Va. ER physician spearheads intubation PPE production
Virginia College of Emergency Physicians President Dr. Scott Hickey turned to the owners of contracting companies in Powhatan — Michael Potter of Village Building Co. Inc. and David Dowdy of Interior 2000 — to produce boxes designed to protect emergency health care workers while they intubate patients with COVID-19. Designed[...]
Va. coronavirus cases to surge between late April and late May, Northam says
Virginia is making preparations to establish temporary overflow medical facilities, with the expectation that coronavirus cases in the commonwealth will surge between late April and late May, Gov. Ralph Northam said during a news briefing Wednesday. “For now, we are at the beginning of this virus, and that is why it is s[...]
Arlington tech company names COO
Arlington-based tech company Excella Consulting Inc. announced Tuesday it has named Sandy Gillespie as its chief operating officer. Gillespie was most recently COO and executive vice president for Reston-based NCI Information Systems Inc. since April 2018. In her new role at Excella, she will oversee client delivery and growth s[...]
Roanoke construction company promotes senior VP
Roanoke-based construction company Branch Builds announced Tuesday it has promoted Cathy Underwood to senior vice president and regional business unit leader. Underwood was most recently vice president at the company, and in her new role she will pursue new business opportunities and manage the Roanoke and Charlotte, North Carol[...]
Chesterfield County furloughs 500+ employees
Chesterfield County will furlough more than 500 part-time and full-time county employees starting April 4 until further notice, the county announced Tuesday in a released statement. Employees were notified last week of the furloughs. “Unfortunately, we find ourselves in unusual circumstances as the national, state and local economies continue to be negatively impacted by COVID-19 […]
Hearing call for telehealth, audiologist steps up
Virginia Business virtually sat down with audiologist Dr. Kristin Koch at Evolution Hearing, a private audiology practice that has Charlottesville and Richmond locations. This is part of an ongoing series of conversations with Virginians about how their work lives and businesses have changed during the pandemic. Virginia Busine[...]
Bon Secours Mercy Health furloughs 700 employees amid coronavirus
Bon Secours Mercy Health —which operates 11 hospitals in the Richmond and Hampton Roads regions — has furloughed 700 full-time employees across seven states and 12 markets, the health care system announced Tuesday. The health care system said in a released statement that the furloughs come as a result of fewer people seeking primary care, […]
Va. COVID-19 cases top 1,000
There are now 1,020 confirmed coronavirus cases in the commonwealth and at least 25 deaths, according to the Virginia Department of Health. More than 12,000 Virginians have been tested for the virus and 136 are hospitalized with COVID-19. Northern Virginia continues to have the most confirmed cases, with 224 in Fairfax County, 8[...]
Developer to renovate Rosslyn Marriott, construct three residential buildings
The Rosslyn Marriott hotel will be partially demolished and renovated and three residential buildings will be added to the site, according to a release from the Arlington County Board. Financial terms of the plans were not released. The hotel is located at 1401 Lee Highway and currently has 445 rooms. Site developer KBLH LLC wil[...]
Mechanicsville apartment complex sells for $7.6 million
The Signal Hill Apartments complex in Mechanicsville sold for $7.6 million on March 26, according to Glen Allen-based real estate company Commonwealth Commercial Partners LLC. Signal Hill includes 68 units and one four-bedroom rental home and is located at 8111 Signal Hill Road. The property came on the market during fall 20[...]
