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D.C.-area leaders launch initiative to help laid-off federal workers
Talent Capital, a website launched Wednesday, aims to help laid off federal workers find jobs and keep them in the Greater Washington region.
Virginia CEO compensation continues climbing
Virginia CEOs earned an average $10.17M in 2024, with Capital One’s Richard Fairbank leading the list at nearly $30M.
Whistleblowers amend complaint against Sentara
Whistleblowers last week filed an amended complaint accusing Sentara of improperly inflating 2018–2019 insurance rates.
Reston growth equity firm closes $560M investment fund
Razor’s Edge, a Reston-based growth equity firm focused on the national security tech market, has closed a $560 million investment fund.
General Dynamics Information Technology wins $1.5B contract
General Dynamics Information Technology has been awarded a $1.5 billion contract to modernize U.S. Strategic Command’s enterprise IT systems.
Regional jet overshoots landing at Virginia airport
A commercial regional jet from Dulles overran a runway at Roanoke airport during heavy rain, but no injuries were reported, officials said.
Baldaccis pledge $13M to VCU, Library of Virginia
Virginia author David Baldacci and wife, Michelle, pledged $13M to VCU and the Library of Virginia to launch a civil discourse initiative.
Hillsville manufacturer to close, leaving 68 out of work
Parkdale will close its Hillsville plant on Oct. 9, cutting 68 jobs. Company said rising energy costs created unsustainable business model.
Serco appoints new CEO
Michael LaRouche will succeed Tom Watson as CEO of Herndon-based federal contractor Serco on Oct. 1.
Amentum to add 3,000 UK jobs
Amentum announces plans to add 3,000 U.K. jobs as part of President Donald Trump’s state visit to Britain.
VCU launches $1.8B fundraising campaign
Virginia Commonwealth University and VCU Health have launched the public phase of a $1.838 billion fundraising campaign — the largest fundraising effort ever undertaken by the Richmond university and its health system. The effort, called Unlocking Potential: VCU’s Campaign for the Future, was announced Thursday at a kick[...]
Ex-CEO pleads guilty to $200M bitcoin Ponzi scheme in federal court
CEO Ramil Ventura Palafox pled guilty in Alexandria to wire fraud and money laundering in a $200M bitcoin MLM scheme defrauding 90,000
