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Colonial Williamsburg eyes limited reopening in Phase 2
Colonial Williamsburg is remaining mostly closed the rest of May, but portions of the historic area and art museums will reopen in early June as Virginia moves into Phase Two of Gov. Ralph Northam’s “Forward Virginia” plan. The Colonial Williamsburg Foundation, in a news release Thursday, announced that Chownin[...]
403K+ Virginians unemployed
More than 403,500 Virginians are still unemployed following the economic devastation from the COVID-19 pandemic, though the number of initial jobless claims in the commonwealth continues to decrease. About 44,000 Virginians filed initial claims for unemployment last week, down from roughly 52,000 initial claims the prior week, a[...]
U.Va. receives $27.5M gift for democracy projects
John L. Nau III, president and CEO of Silver Eagle Distributors LP, the largest Anheuser-Busch beer distributor in the country, has donated $27.5 million to the University of Virginia’s new Democracy Initiative at the College and Graduate School of Arts & Sciences, the university announced Wednesday. The Nau Foundation[...]
Virginia sees one-day spike of 1,229 new COVID-19 cases
As coronavirus cases topped 5 million worldwide, Virginia saw a one-day jump of 1,229 new coronavirus cases, bringing Thursday’s statewide total of confirmed and probably COVID-19 cases to 34,137, according to the latest figures from the Virginia Department of Health (VDH). There have been 1,099 deaths from coronavirus acr[...]
Va. approaches 33,000 COVID-19 cases
The state has 32,908 cases of COVID-19, the Virginia Department of Health reported Wednesday, an increase of 753 confirmed and probable cases since Tuesday. The number of deaths is now 1,074, up 33 in the past 24 hours, and 3,979 people are hospitalized with the virus statewide, VDH said. In Wednesday’s data, 210,965 PCR ([...]
Falls Church health IT company acquires Vienna tech firm
Falls Church-based health information technology company Cognosante LLC has acquired Vienna-based tech company Enterprise Information Services LLC (EIS). Financial terms of the transaction were not disclosed. Cognosante plans to use the acquisition to expand its federal contracting market. “EIS’ proven success in enterprise services, biometrics and cybersecurity provides expanded capabilities to offer to our existing […][...]
Goldman Sachs to acquire McLean financial firm
McLean-based online financial services company Folio Financial Inc. announced Tuesday it will be acquired by New York City-based The Goldman Sachs Group Inc. Both companies provide investment management, asset management and brokerage services. Financial terms of the transaction were not disclosed. Acquisition discussions began in 2019, and the transaction is expected to close by the […]
Booz Allen wins $800M AI defense contract
Tysons-based federal contractor Booz Allen Hamilton announced Tuesday it has won an $800 million, five-year contract from the U.S. General Services Administration to create artificial intelligence products for warfighting operations supporting the Department of Defense’s Joint Warfighter National Mission Initiative. Booz Allen will embed AI decision-making and analysis at all tiers of DoD operations. As […][...]
William & Mary Law School names new dean
The William & Mary Law School announced Monday that A. Benjamin Spencer will become its next dean, effective July 1. Spencer will also serve as a Chancellor Professor of Law. Spencer succeeds Davison M. Douglas, who has served as dean for more than 10 years. Douglas will return to the school’s faculty after Spencer takes [[...]
Port expansion project nears finish line
The Port of Virginia announced Monday that the final group of stacking cranes needed to complete the $375 million crane addition portion of expansions at both the Norfolk International Terminals and Virginia International Gateway arrived May 14. The offloading process began the next day, Friday, May 15, and continued through the[...]
Virginia Port Authority CEO retiring next March
John F. Reinhart, CEO and executive director of the Virginia Port Authority, which oversees the Port of Virginia, announced at a board meeting Tuesday that he plans to retire in March 2021. “A lot of thought went into this decision, but when I consider the growth and maturity of this organization and the level of […]
Va. Beach military contractor announces $4M expansion
Virginia Beach-based military-industrial contractor SJS Executives LLC announced Tuesday it has received a $125,000 grant from the Virginia Beach Development Authority that will be used toward workspace and workforce expansion, as part of its Economic Development Investment Program (EDIP). As part of its expansion, the company plans to make a total of $4 million in […]
