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Averett University names new VP and CFO
Averett University announced Thursday that Don Aungst has become the university’s new vice president and chief financial and operating officer. He started at the Danville college this month. Aungst was most recently the CFO at Susquehanna University in Pennsylvania. He has more than 30 years of experience in higher educati[...]
Va. Beach-based DroneUp acquires AeroVista Innovations
Virginia Beach-based end-to-end drone pilot service company DroneUp LLC announced Thursday it has acquired Glenview, Illinois-based AeroVista Innovations LLC (AVI). The merged company will rebrand as The DroneUp Training Academy. DroneUp acquired AVI’s assets, employees and customer contracts. Financial terms of the transa[...]
Reston-based IT company names new CFO
Reston-based information technology company Contegix announced Thursday that it has named Mike Dunn as its new chief financial officer. Dunn was most recently the CFO of systems integrator and managed hosting provider NeoSystems LLC. He has also previously been CFO of Siteworx and Recovery Point Systems. In his new role, he will[...]
NOVA Educational Foundation receives $1M donation
The Northern Virginia Community College Educational Foundation (NOVA Foundation) announced Thursday it has received a $1 million donation from Debra Coffman Howe of Palm Beach, Florida. The funding will go to Howe’s existing endowment fund for NOVA nursing student scholarships and also to the NOVA COVID-19 Emergency Studen[...]
Booz Allen Hamilton pledges job security for employees through July 1
McLean-based global IT consulting firm Booz Allen Hamilton has pledged to keep its 27,000 workers employed at least through July 1 during the COVID-19 crisis, and has also pledged funding to support employees dealing with health care and child care issues. The company announced Thursday it will redirect $100 million to a “pandemic resilience program” […]
Richmond EDA to offer no-interest loans to small businesses hurt by crisis
The Richmond Economic Development Authority announced Thursday it will begin offering no-interest loans up to $20,000 to small businesses harmed by the COVID-19 crisis. The Richmond EDA has made $1 million available for the relief fund, according to the city’s economic development director, Leonard Sledge. Businesses based within the city limits with fewer than 25 […]
Canterbury Rehab: 16 residents, including 5 in past 24 hours, dead from COVID-19
Sixteen residents of a Henrico County long-term care facility have died from causes related to COVID-19, the center reported Thursday afternoon. Five people who lived at Canterbury Rehabilitation & Healthcare Center died in the past 24 hours, according to a statement from Canterbury Administrator Jeremiah Davis, and three ea[...]
U.Va. School of Law grants student exception for National Guard duty
3 p.m. update: According to a letter posted on Virginia Law Weekly, U.Va. School of Law’s Academic Review Committee has granted student Frannie Skardon an exception, allowing her to remain a full-time student while serving in the Army National Guard. Her unit has been called up to assist in the COVID-19 emergency in New York City. […]
In one week, Va. unemployment has doubled
A record-breaking 112,497 Virginians filed initial claims for unemployment last week, the Virginia Employment Commission reported Thursday. That’s an increase of 66,220 claimants since last week, when 46,277 people filed for benefits. In the last two weeks, more Virginians have filed for unemployment than in the entire previous year. Nearly 159,000 Virginians filed claims in […]
Thursday coronavirus update: More than 1,700 in Va. have virus
7:30 p.m. April 2 update: A woman in her 60s has died in the Portsmouth Health District, its first COVID-19 fatality. She had underlying health issues, according to local authorities. Her death, in addition to others reported after 5 p.m. Wednesday, will be included on the statewide update Friday at 9 a.m. 1 p.m. April 2 [&hell[...]
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[...]
