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Hotels saw 66% revenue drop in late May compared to 2019
Suffering the economic impacts of the coronavirus pandemic, Virginia hotels saw revenues drop 66% for the last week in May compared to the same time a year ago, according to findings released Wednesday by Old Dominion University’s Dragas Center for Economic Analysis and Policy. Rooms sold were also down by 50% and the average daily […]
Private equity firm to acquire Herndon tech company
Herndon-based tech company Exostar LLC announced Tuesday it will be acquired by private equity firm Thoma Bravo LLC. The transaction amount was not disclosed. Exostar is a cloud-based platform that allows companies to securely share information and operate with security compliance. The platform is used by more than 135,000 aerospace and defense organizations across 150 […]
Governor declares state of emergency over protests
Following nights of heated and violent nationwide protests in response to the police killing of George Floyd in Minneapolis, Gov. Ralph Northam has declared a state of emergency and activated the state National Guard to assist local law enforcement in quelling “escalating violence across the commonwealth.” “Thi[...]
Va. COVID-19 cases pass 42,000 on Friday
Virginia has 42,533 confirmed and probable COVID-19 cases statewide Friday, an increase of 1,132 cases since Thursday. There are 1,358 deaths related to the coronavirus, 20 more than Thursday, and the Virginia Hospital & Healthcare Association reports that 1,524 people with positive and pending test results are currently hos[...]
Mask mandate is a ‘personal responsibility,’ Northam counsel says
As Virginia’s mask mandate goes into effect Friday, both Gov. Ralph Northam and Rita Davis, counsel to the governor, told residents Thursday that it’s their personal responsibility to wear a mask in businesses and other enclosed public places. Davis clarified the enforcement process of Executive Order 63, which re[...]
Nation reaches 100,000 virus deaths; 1,338 in Virginia
As the nation passed 100,000 COVID-19 deaths Wednesday, the Virginia Department of Health recorded 1,338 virus-related deaths in the state Thursday, an increase of 57 over the past 24 hours. VDH also reported 41,401 confirmed and probable COVID-19 cases Thursday, an increase of 1,152 cases since Wednesday. According to the Virgi[...]
402K+ Virginians still unemployed, although initial claims fall
More than 402,000 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 39,000 Virginians filed initial claims for unemployment last week, down from roughly 44,000 the prior week, according to the[...]
Va. COVID-19 cases exceed 40,000
The Virginia Department of Health reported 40,249 confirmed and probable cases of COVID-19 in the state Wednesday, up 907 from Tuesday. Also, Fairfax County exceeded 10,000 cases Wednesday. The total number of deaths is 1,281, up 45 over the past 24 hours, and the number of confirmed positive patients in hospitals, along with those whose […]
Portsmouth, Norfolk move forward on casino projects
On Tuesday, the Portsmouth City Council approved Rush Street Gaming’s casino proposal and the Norfolk City Council selected the Pamunkey Indian Tribe as its preferred casino operator, as the two Hampton Roads projects move toward a November referendum vote on the cities’ ballots. Chicago-based Rush Street Gaming expects to invest at least $300 million, the […]
Va. sees increase of 1,600 COVID-19 cases in 24 hours
Virginia saw an increase of 1,615 COVID-19 cases over the past 24 hours, the Virginia Department of Health reported Tuesday; there are 39,342 confirmed and probable cases across the state, up from 37,727 cases reported Monday. VDH also reported 1,236 deaths related to the coronavirus, up from 1,208 Monday. The Virginia Hospital [...]
COVID-19 cases rise to 37k in Virginia
As of Monday, May 25, Virginia has 37,727 confirmed and probable cases of COVID-19, the Virginia Department of Health reported, an increase of 2,777 cases since Friday. There are 1,208 deaths and 1,376 people currently hospitalized with either confirmed or pending test results. The statewide percentage of positive tests, compared with total PCR tests given, […]
Will telework replace the office?
We’ve all gotten used to dog, kid and even outdoor bird interruptions of Zoom conferences, and some of us are not quite ready to start wearing pants with zippers and belt loops every day. Still others miss having doughnuts in the breakroom with work mates. Telework is the way many Virginians with office jobs work […]
