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Governor orders nightly curfew to start Monday
Amid rising COVID-19 rates in the state, Gov. Ralph Northam announced Thursday he is ordering a midnight to 5 a.m. curfew, as well as limiting gatherings to 10 people, starting at 12:01 a.m. Monday. The governor ordered that masks be worn at all times indoors around other people and at workplaces, as well as outdoors […]
eHealth Technologies creating 160 jobs in Scott County
eHealth Technologies Inc., a provider of medical record and image retrieval and clinical intelligence services, is investing $375,000 to establish a customer support center in Scott County that will create 160 jobs, Virginia Gov. Ralph Northam announced Thursday. Based in Rochester, New York, eHealth Technologies is a wholly owned subsidiary of Fairfax County-based private equity […]
Va. initial jobless claims nearly doubled last week
The number of initial jobless claims filed last week jumped 93.5% — its highest level since the Aug. 8 filing week, the Virginia Employment Commission reported Thursday. For the week ending Dec. 5, 16,654 Virginians filed initial claims for unemployment, nearly a two-fold increase of 8,048 from the previous week. “While one week doesn’t constitute […]
‘From K to grey’ – Bank of America donates $100K to VCU for tech talent pipeline
Continuing a yearslong partnership with Virginia Commonwealth University, Bank of America has awarded a $100,000 grant to the school’s College of Engineering Foundation to focus on establishing data science talent pipelines. The idea behind the grant is to develop interest in computer science and other STEM programs for “K to grey,” says VCU College of […]
Samaritan House receives $1.25M Bezos-funded grant
Virginia Beach-based Samaritan House has received a $1.25 million grant from the Day 1 Families Fund, which was launched in 2018 by Amazon.com Inc. founder and CEO Jeff Bezos, the organization announced Wednesday. Samaritan House is one of 42 nonprofits across the country (and the only Virginia nonprofit) to receive a grant in the $2 […]
Dominion, Smithfield complete first renewable gas project in Utah
Dominion Energy Inc. and Smithfield Foods Inc., both based in Virginia, completed their first renewable natural gas (RNG) project in southwestern Utah, Smithfield announced Wednesday. In 2018, the Richmond-headquartered utility and Smithfield-based food company partnered in the $500 million Align Renewable Natural Gas joint vent[...]
MicroStrategy to increase bitcoin holdings by $550M
Tysons-based business software company MicroStrategy Inc. announced Wednesday that it will increase its bitcoin holdings by as much as $550 million following a convertible debt offering. In August, the company had announced that it had converted $250 million from its cash holdings into more than 21,000 bitcoins, making it one of the first public companies […]
Leidos wins potential $1.76B FAA contract
Reston-based Fortune 500 government contractor Leidos Holdings Inc. was awarded a 10-year contract potentially worth $1.76 billion to continue implementing National Airspace System modernization programs for the Federal Aviation Administration, the U.S. Department of Transportation announced Tuesday. The NAS Integration Support Contract IV contract has a four-year base period and two three-year options. The $1.4 […][...]
State’s Rebuild VA program allocated $100M to Va. small businesses
The state has awarded $100 million in grants to 2,500 Virginia businesses and nonprofits through its Rebuild VA economic recovery fund, Gov. Ralph Northam announced Wednesday. All available funds have now been fully committed, the governor said in a news release. Approximately $50 million went to women, minority and veteran-owned businesses, and 997 small businesses […]
Va. hotel revenue is still down by more than 50% from 2019
Despite the fast-approaching holiday season, Virginia hotel revenues continue to decline when compared with last year, according to data from STR Inc., a CoStar Group division that provides weekly market data on the U.S. hospitality industry. While COVID-19 cases spiked during the week of Nov. 29 through Dec. 5, hotel revenues in Virginia dropped by […]
Caesars delivers $15 million payment to city of Danville
Danville city officials accepted a $15 million initial payment from Caesars Entertainment Inc. on Wednesday, the first installment of $20 million the company pledged to pay the city after receiving approval from city voters to build a $400 million casino and resort in Danville’s Schoolfield area by 2023. Las Vegas-based Ca[...]
Amherst County disburses $450K to 48 local small businesses
Amherst County announced Tuesday it has disbursed $450,000 in CARES Act funding to 48 area businesses that were affected by the pandemic. The local Economic Development Authority and the Amherst County Finance Department partnered to manage the grant program. “As a small business trying to navigate through the ups and downs of this pandemic, we […]
