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Jan 29, 2021

Bill would allocate 23% of state contracts to woman- and minority-owned businesses

With the release of a study that shows only 13.4% of all state contracts were awarded to woman- and minority-owned businesses in Virginia, Gov. Ralph Northam on Friday threw support behind a reframed state bill that would raise that percentage to at least 23.1% of state contracts. The bill would set a similar goal for […]

Charis Jones, founder of Sassy Jones, started her online fashion retail business in 2013 with money she got from selling her car. The company brought in $14 million in revenue last year. Photo by Caroline Martin
Jan 29, 2021

Talking shop

Charis Jones, by any measure, is a major success. Her online retail brand, Sassy Jones, was the top-ranking Virginia business on the 2020 Inc. 5000 list of the fastest-growing U.S. private companies, based on its 2019 growth. The Richmond-based fashion accessories and beauty e-commerce company reaped $14 million in revenue last [...]

Jan 29, 2021

By land, air and sea

Marine biologists at the Virginia Seafood Agricultural Research and Extension Center in Hampton enjoy getting up close and personal with the sea and the life it fosters. Lately though, they’ve gotten a little too close. Two to three times a year — usually because of a hurricane or nor’easter — the Virginia Tech research [...]

Jan 28, 2021

Tegna acquires podcast company

Tysons-based broadcast and digital media company Tegna Inc. announced Thursday it has acquired Locked On Podcast Network, which covers local sports and the four major professional sports leagues. Financial terms of the transaction were not disclosed, but the acquisition will expand Tegna’s podcast market presence.  Locked On produces daily shows for the NBA, NFL, MLB […]

Initial unemployment insurance claimants by county and city weeks ending Jan. 23 over Jan. 16 change. Green shows a decrease, yellow shows an increase of 1 to 10 claimants and red shows an increase of 11 to 50 claimants. Graphic courtesy Virginia Employment Commission
Jan 28, 2021

Va. saw slight decline in initial jobless claims last week

Virginia saw a 13.1% drop in the number of initial jobless claims filed last week compared to the previous week, but unemployment remains high across the state, according to figures released by the Virginia Employment Commission on Thursday. The week ending Jan. 23 saw 18,312 Virginians filing initial unemployment claims, a decr[...]

Jan 28, 2021

Charlottesville’s MicroGEM acquires engineering company for COVID-19 test manufacturing

Charlottesville-based molecular diagnostics company MicroGEM announced Thursday it has acquired New Hampshire-based engineering company Jump Start Manufacturing LLC. Financial terms of the transaction were not disclosed, but the acquisition will allow MicroGEM to “rapidly scale” production of its SARS-CoV-2 (COVID-19) testing system, which is designed to detect the virus in both symptomatic and asymptomatic people. […][...]

Jan 28, 2021

CACI wins $376.4M National Geospatial-Intelligence Agency contract

Arlington-based federal technology contractor CACI International Inc. was awarded a potential $376.4 million contract from the National Geospatial-Intelligence Agency to improve its structured observation management (SOM) storage and production capabilities, according to a federal System for Award Management (SAM) notice. CACI will develop and deploy a software environment allowing the agency and its partners to […][...]

Photo courtesy the Virginia Department of Health
Jan 28, 2021

VDH will begin texting people who test positive for COVID-19

Starting Thursday, the Virginia Department of Health will begin sending a text to anyone who tests positive for COVID-19 if their mobile phone number is registered in the state’s system. The texts will automatically be sent to anyone with a positive lab test who has a valid mobile number, providing faster notification of r[...]

Jan 28, 2021

Crown Holdings to build $145M aluminum can factory in Henry County

Yardley, Pennsylvania-based metal packaging tech company Crown Holdings Inc. will establish a $145 million aluminum can manufacturing operation in Henry County, creating 126 jobs, Gov. Ralph Northam announced Thursday. The company will build the 355,000-square-foot facility to be used for aluminum beverage can production in the Commonwealth Crossing Business Centre. Founded in 1892, the Fortune […][...]

COVID-19 vaccination shot Photo credit Art Writ, Capital News Service
Jan 27, 2021

Bills advance to facilitate COVID-19 vaccine distribution

RICHMOND, Va. — The Virginia House and Senate have unanimously advanced separate bills to facilitate administration of the COVID-19 vaccine. House Bill 2333, introduced by Del. Lamont Bagby, D-Richmond, intends to strengthen the state’s vaccine distribution efforts and also bolster data collection. The measure removes ba[...]

Jan 27, 2021

Stride, formerly K12, names new CEO

Herndon-based online education provider Stride Inc., formerly K12 Inc., announced Tuesday that Nathaniel A. “Nate” Davis is retiring from his role as CEO and will be succeeded by James J. Rhyu. Davis joined the K12 board of directors in 2009 and was named chairman in 2012 and CEO in February 2018. He will remain with [&helli[...]

Jan 27, 2021

2020 withholding records from employers due Feb. 1

The commonwealth of Virginia’s Department of Taxation reminded employers/payers Wednesday that the final date to submit 2020 withholding records is Monday, Feb. 1. The final date to submit withholding records is typically Jan. 31, which falls on a weekend this year, and the deadline was moved to Feb. 1. “If you’re an employer or payer […]

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