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Gather opens third Hampton Roads coworking space
While businesses are still in the process of reopening during the pandemic, coworking office operating company Gather Workspaces LLC will open its Virginia Beach location Wednesday — Gather’s third in the Hampton Roads region. “Our members have 24/7 access to all six of our locations in Virginia, which is a unique bene[...]
Amherst County launches small business relief program
The Economic Development Authority of Amherst County (EDA) announced Tuesday the launch of its $500,000 Back in Business grant program, offering small businesses up to $15,000 in funding. The EDA received the funding Department of Housing and Community Development (DHCD) Community Development Block Grant (CDBG) for small business recovery assistance. Small businesses can also apply […]
U.Va. Medical Center snags No. 1 hospital rating for fifth year
University of Virginia Medical Center once again was ranked the best hospital in Virginia by U.S. News and World Report’s annual list of the best hospitals in the nation, which was released Tuesday. “It is an honor to be ranked the No. 1 hospital in Virginia for the fifth consecutive year, and I want to […]
VA awards Arlington tech company $153M contract
The U.S. Department of Veterans Affairs (VA) awarded Arlington-based federal technology contractor CACI International Inc. a six-year contract worth up to $153 million to modernize the department’s legacy financial management system, the VA announced Monday. The VA received three bids for the contract, which was awarded through the General Services Administration’s Information Technology Schedule 70. […][...]
Atlanta firm acquires Reston telecommunications company
Atlanta-based investment company Battle Investment Group has acquired Reston-based telecommunications company Oceus Networks, the company announced Tuesday. A transaction amount was not disclosed. As part of the acquisition, former Oceus Networks CEO Jeff Harman will be promoted to president. Brad Antle, the former CEO of Fa[...]
OneWeb co-acquired by Maryland-based Hughes
Germantown, Maryland-based Hughes Network Systems LLC has joined a coalition with the United Kingdom government and Bharti Enterprises Ltd. of India to acquire London-based OneWeb, which has its U.S. headquarters in McLean, out of bankruptcy. Hughes invested $50 million in the coalition to acquire OneWeb, which has plans to launch a constellation of 650 low […]
Trustify CEO charged with defrauding investors
Daniel Boice, CEO and founder of Arlington-based tech startup Trustify Inc., was charged by federal prosecutors Monday with fraud and money laundering charges related to a scheme to defraud investors of $18.5 million. In a parallel action, the Securities and Exchange Commission also charged Trustify Inc. and Boice with violating the antifraud provisions of the […]
Colonial Downs announces leadership changes
The Colonial Downs Group, owner of the New Kent County horse race track and Rosie’s Gaming Emporium, announced Friday Lisa Speller will serve as the company’s vice president of government affairs. Speller, who most recently served as a policy adviser for Gov. Ralph Northam’s administration, will oversee community relat[...]
Hampton office building sells for $1.325M
An office building in Hampton has sold for $1.325 million, Cushman & Wakefield | Thalhimer announced Monday. Located at 2310 Tower Place, the 13,500-square-foot property was purchased by Temple Realty I LLC, which will partially occupy the building. Real estate company Harrison & Lear Inc., which sold the property, wil[...]
Could Redskins replacement name be Sentinels?
Following the Thursday announcement that the Ashburn-based National Football League team formerly known as the Redskins would simply be called the Washington Football Team this season, social media platforms have been a playing ground for best bets on what the team’s permanent name will be. But fans may not be left in the dark for […]
NoVa home prices soar in June
Median home sales prices increased in Northern Virginia during June, according to the Long & Foster Real Estate Market Minute Report released Tuesday. Loudoun County home prices rose 2%, while prices rose 17% in both Arlington County and the city of Alexandria. Inventory levels have dropped, however, causing the number of homes sold to decline, […]
Chesterfield pharma company enters $600M federal plea deal
Less than one month after former Indivior PLC CEO Shaun Thaxter pleaded guilty in federal court in Abingdon to a misdemeanor criminal charge related to the marketing of the Chesterfield County-based company’s opioid addiction treatment drug Suboxone, the company announced Friday it has entered a $600 million plea deal with the U.S. Justice Department, the […]
