Axios returns $4.8M in PPP funding
Arlington County-based digital media company Axios Media Inc. is returning $4.8 million it received from the Small Business Administration’s Paycheck Protection Program (PPP), according to Axios cofounder and CEO Jim VandeHei, who said the federal relief program aimed at helping small businesses keep their workforces employed [...]
Reston IT company names president
Tony Crescenzo has been hired as president of Reston-based information technology company Intelligent Waves LLC. Formerly the CEO of Falls Church-based IT company IntelliDyne LLC, Crescenzo earned his bachelor’s degree from Stockton University and his master’s degree in business administration from Rutgers University. Intell[...]
Virginia sees nearly 1K increase in COVID-19 cases in 24 hours
The Virginia Department of Health reported Friday that there are 16,109 confirmed cases of COVID-19 in Virginia, as well as 572 deaths and 2,407 people hospitalized who have tested positive. This is an increase of 929 confirmed cases in the past 24 hours, not counting 792 probable cases. As of Friday, 105,648 people have been […]
Virginia Business wins four VPA awards
Virginia Business magazine won four awards in the Virginia Press Association’s annual journalism contest. This year’s VPA awards banquet was canceled due to the coronavirus and the association asked member publications to announce the winners on April 30. Virginia Business competes in VPA’s specialty publications [...]
Virginia Chamber of Commerce seeks input for reopening businesses
During the next two weeks, the Virginia Chamber of Commerce will be soliciting input from the business community for its “Blueprint for Getting Virginians Back to Work” initiative. The chamber plans to release the blueprint plan in May after compiling the input it receives from surveys and other community engagement opportunities. Interested people must submit […]
GO Virginia earmarks funding for SW Va. tech talent program
The GO Virginia Region 1 Council, which covers Southwest Virginia, announced Thursday it has recommended $1.38 million in funding for the United Way of Southwest Virginia to create a technology talent development program. As more tech companies enter the Virginia market during the next decade, it’s estimated that more than 2[...]
Hanover County packaging manufacturer making isolation gown material
Hanover County-based packaging manufacturer INDEVCO North America announced Thursday that it’s shifting its manufacturing materials to make materials for protective isolation gowns, worn by first responders and medical workers. The company typically produces house wrapping material under its Barricade Building Products brand, [...]
Cumberland Hospital for Children and Adolescents names medical director
Cumberland Hospital for Children and Adolescents in New Kent County, which treats patients who suffer from chronic illness, brain injury or neurological impairment, announced this week that Dr. Brett Sharp has been named as its medical director, which became effective April 20. Sharp, who has 29 years of clinical experience, has[...]
Leidos subsidiary tapped to develop lunar landing system
Dynetics, a wholly owned aerospace subsidiary of Reston-based defense contractor Leidos, is one of three prime contractors awarded contracts by NASA to design the human lunar landing system that will take the first woman and next man to the moon’s surface by 2024. The other two aerospace companies are Amazon.com Inc. Presi[...]
Tysons software company CFO resigns after 6 months
Tysons-based software company MicroStrategy announced Wednesday that its chief financial officer, Lisa Mayr, has resigned after joining the company six months ago. The company’s chief operating officer Phong Le, who has previously served as the CFO, will take over the role. Mayr was hired as MicroStrategy’s CFO in October after serving as CFO at Washington, […]
Va. coronavirus cases jump past 15,000
Virginia saw an increase of 852 new coronavirus cases in the last 24 hours, bringing the commonwealth’s total confirmed cases to 15,180, according to Virginia Department of Health data released Thursday. The latest numbers do not include 666 probable COVID-19 infections. More than 2,300 Virginians are hospitalized from the[...]
72k+ Virginians filed jobless claims last week
More than 72,000 Virginians filed initial claims for unemployment last week, according to the Virginia Employment Commission, a decrease of about 10,000 jobless claims from the week prior. “Though the 12.4% decline indicates that the volume of initial claims has retreated from its recent peak, it may not return to pre-pandemic[...]