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Va. new jobless claims settle down after last week’s surge
After a 300% surge in new unemployment claims the previous week, the state saw numbers return to relatively normal levels in the filing week ending Sept. 25, the Virginia Employment Commission reported Thursday. Last week, 8,717 people filed initial claims, a decrease of 7,245 from the week before. Continued claims, however, ros[...]
Italian meat company bringing 150 jobs to Rockingham County
Italian cured meats manufacturer Veronesi Holding S.p.A., a Gruppo Veronesi company, will invest approximately $100 million to establish its first U.S. production facility in Rockingham County, creating an estimated 150 jobs over the next four years, Gov. Ralph Northam announced Thursday. The facility will be located on 75.8 acres in the Innovation Village @ Rockingham […]
Tale of the tape
As Virginians decide whether to go with the known — Democratic former Gov. Terry McAuliffe — or the unknown — first-time candidate Glenn Youngkin, a Republican — Virginia Business checks in with the two major contenders to be the commonwealth’s 74th governor. In exclusive interviews, the candidates lay out their plans [...]
Enter the candidates
With early voting starting the next day, Virginia gubernatorial candidates Terry McAuliffe and Glenn Youngkin came out swinging in their Sept. 16 first debate, sniping over issues ranging from coronavirus vaccine mandates to abortion in what The Washington Post described as a “bare-knuckled” sparring match at the Appalachian School of Law. Democratic former Gov. McAuliffe […]
All in the family
In the popular HBO TV series “Succession,” members of the Roy clan scheme, lie and backbite in an attempt to take over the family’s media empire once the patriarch steps down. The show, which reportedly filmed scenes in Richmond in May for its third season, is a satiric festival of twisted relationships and family dysfunct[...]
A developing picture
As Norfolk prepares for some sizable development projects, city officials don’t plan to forget the strong business base that positioned the area for such investments. “We’re really focused on business expansion and our primary employers,” says Jared Chalk, Norfolk’s director of economic development. “That’s been ou[...]
DXC moves HQ to Ashburn, shifts to ‘virtual first’
Fortune 500 IT services company DXC Technology is leaving Tysons for a smaller headquarters in Ashburn in November, the company announced this week. DXC’s new 10,000-square-foot building is located at One Loudoun in Ashburn. The new corporate headquarters will reflect the shift to a virtual-first mentality. Employees can w[...]
Peraton awarded $109M cyberspace contract
Herndon-based federal Peraton Inc. announced this week it has been awarded a contract worth up to $109 million by the U.S. Cyber Command, a project that will deliver full-spectrum cyberspace operations for the Department of Defense. The indefinite-delivery, indefinite-quantity Cyberspace Operations Support Services task order could last four years, the company said in a news […]
Fluence files plans for IPO
Fluence Energy Inc., an Arlington-based energy storage and digital application company owned by Siemens and AES Corp., announced this week it has filed paperwork with the U.S. Securities and Exchange Commission for an initial public offering of its Class A common stock. The number of shares and price range for the proposed offer[...]
Alpine-X opens crowdfunding campaign to public investors
Alpine-X LLC, a McLean-based indoor snow sports company, announced a crowdfunding campaign to open the stock to public investors. The offering — started on crowdfunding site Republic — allows accredited and non-accredited investors to own a piece of the McLean-based company that is planning a national chain of indoor ski res[...]
$300M widening of U.S. Route 58 has started in Patrick County
A groundbreaking ceremony took place Wednesday in Patrick County to widen a 7.4-mile stretch of U.S. Route 58 in Patrick County, the first phase of a project to create a continuous four-lane highway between Virginia Beach and Interstate 77. The project, part of the U.S. Route 58 Corridor Development Program enacted by state lawm[...]
State launches app to connect vendors with Va. agencies
Virginia has launched an app to help connect state government agencies and other users with local, woman- and minority-owned businesses more efficiently, Gov. Ralph Northam announced Wednesday. The Start Small app is available for free, and it allows users to conduct keyword searches to match with businesses that fit their needs, and can be narrowed […]
