Dominion, PGEC sign deal to bring broadband to Surry County
Dominion Energy Virginia and Prince George Electric Cooperative (PGEC) signed a memorandum of understanding that would bring high-speed internet to about 7,000 households in Surry County, Dominion announced Friday. This is the first time a utility and a cooperative have partnered to expand broadband access in Virginia, according to Dominion’s news release. The agreement would […]
Bill allows renters to make certain repairs if landlord doesn’t respond
CORRECTION: THIS WIRE STORY HAS BEEN UPDATED. The original version incorrectly stated the party affiliation of state Sen. John Bell. RICHMOND, Va. — A bill that gives tenants the power to make repairs on their property and deduct the costs from their rent, with conditions, recently passed the Virginia Senate and is expecte[...]
Dominion proposes $6/month decrease in residential power bills
Dominion Energy Inc. announced Friday a proposed $6/month decrease in customers’ residential electric bills starting in May, pending approval from the State Corporation Commission. The announcement comes after the House of Delegates overwhelmingly passed the bipartisan Fair Energy Bills Act earlier this month, which would save customers about $10 a month on their power bills […]
Beer Marketing & Tourism Conference coming to Richmond in 2021
Richmond will play host to next year’s Beer Marketing & Tourism Conference, Richmond Region Tourism announced Friday. The annual conference draws attendees from breweries, guilds, tour operators, marketing agencies and media from around the country. The 2021 conference will take place Feb. 23-25, 2021, at the Omni Richmond Hotel downtown. Richmond’s craft beer profile has […]
SAIC exec joins Intelligence and National Security Alliance board
Arlington-based nonprofit Intelligence and National Security Alliance (INSA) named Michael LaRouche, an executive with Reston-based Science Applications International Corp. (SAIC), to its board of directors, INSA announced Thursday. INSA is a nonpartisan and nonprofit trade association that creates a public-private partnership for intelligence and national security issues. It has more than 160 corporate members and […][...]
Booz Allen Hamilton lands $113M SEC cyber defense contract
The Securities and Exchange Commission (SEC) awarded McLean-based Booz Allen Hamilton Inc. a $113 million, 10-year contract for cyber defense operations support, the company announced Thursday. The contract was awarded on Dec. 12, 2019, but announced Thursday. “Our team will provide the SEC with leading-edge, threat-centric, proactive cyber defense with the ability to detect and […]
Falls Church federal contractor NetImpact Strategies names COO
Falls Church-based federal contractor NetImpact Strategies Inc. promoted Stephanie Wilson to the company’s newly created role of chief operating officer. Most recently, Wilson served as chief strategy officer for the company and focused on business development. She has almost 30 years of experience and has also worked for Anthem’s National Government Services federal platform and […][...]
Former Va. Dept. of Emergency Management building sells for $2.7M
The former headquarters of the Virginia Department of Emergency Management (VDEM) has sold for $2.7 million to Trade Court Associates LLC, according to an announcement Thursday from Toronto, Ontario, Canada-based commercial real estate company Colliers International. The two-story, 31,825-square-foot building is located on Trade[...]
Morgan Stanley to acquire E-Trade for $13B
New York City-based wealth management company Morgan Stanley will acquire Arlington-based E-Trade Financial Corp. under a $13 billion definitive agreement expected to close in the fourth quarter of this year, the companies announced Thursday. E-Trade stockholders will receive 1.0432 Morgan Stanley stares for each of their E-Trad[...]
Virginia students could get in-state tuition despite citizenship status
RICHMOND, Va. — The state Senate and the House have advanced bills to make students living in the U.S. without documentation eligible for in-state tuition. SB 935, introduced by Democratic Sens. Jennifer Boysko and Ghazala Hashmi, would require a student to provide proof of filed taxes to be eligible for in-state tuition. [...]
Arlington machine learning developer receives $63M investment
Arlington- and Boston-based machine learning developer Carbon Relay received a $63 million investment from New York City-based venture capital and private equity firm Insight Partners, the companies announced Wednesday. Carbon Relay will use the investment to grow its Red Sky Ops platform for optimizing application performance in Kubernetes environments. Kubernetes — originally developed by Google […][...]
Amazon to open fulfillment center in Prince George County
Seattle-based Amazon.com Inc. — which is building its $2.5 billion HQ2 East Coast headquarters in Arlington — will open a fulfillment center for its AmazonBasics line in Prince George County by the end of the year, creating 150 jobs, Gov. Ralph Northam announced Wednesday. The fulfillment center will open in the former 798[...]