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Bank of America donates $1M to Northern Virginia Community College
Bank of America donated $1 million to Northern Virginia Community College to help students of color complete education and training necessary for the workforce as part of its $25 million commitment to community colleges, historically Black colleges and universities, and Latino-serving institutions. Using the donation, NOVA intends to develop and expand programs to meet skill […]
15 Va. tech companies ranked fastest-growing in North America
Fifteen Virginia tech companies earned spots on Deloitte’s 26th annual North America Technology Fast 500 Rankings list released Wednesday. “For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — […]
Judge cancels Fairfax County gun show due to COVID risk
A large gun show scheduled this weekend at the Dulles Expo Center that could have drawn an estimated crowd of 25,000 people will not take place, a Fairfax County circuit court judge ruled Thursday morning. The Nation’s Gun Show was scheduled for Nov. 20-22, and the gun show’s promoter, Showmasters Inc., along with a firearm […]
Norfolk startup initiative launches
The Norfolk Innovation Corridor (NIC), an initiative to attract and retain startups in the region, launched on Thursday, Old Dominion University announced. Qualifying startups and company expansions can receive tax incentives (abatement of Business, Professional and Occupational License taxes at 100% for two years and 50% for three years) through the NIC, in collaboration with […]
Downtown Suffolk unveils new branding
The Suffolk Economic Development Department on Wednesday unveiled new Downtown Suffolk branding. Downtown District businesses will have access to the logo and other marketing tools developed by advertising agency BrandFirst. There are also logos available with a “We’re Open” tagline. The new branding and tagline are part o[...]
Va. ABC recognized as top alcohol enforcement agency
The Virginia Alcoholic Beverage Control Authority (ABC) won the Alcohol Law Enforcement Agency of the Year award from the National Liquor Law Enforcement Association (NLLEA), the agency announced Wednesday. This marks the third time that Virginia ABC has earned this recognition — also marking wins in 2002 and 2017. The NLLEA is a nonprofit association […]
More than 70% of U.S. hotels may not survive pandemic
As COVID-19 cases continue to rise in the U.S. and travel restrictions are reinstated, the American Hotel & Lodging Association (AHLA) projects that 71% of hotels won’t survive another six months without federal assistance, according to recent survey results. In Virginia alone, Virginia hotel revenues continued last week to stay well below pre-pandemic levels compared […]
Online education provider K12 Inc. rolls out new brand name
Herndon-based online education provider K12 Inc. announced Wednesday plans to change its brand name to Stride Inc., effective Dec. 16. “A great education doesn’t stop at high school graduation,” Stride CEO and Chairman Nate Davis said in a statement. “The Stride brand recognizes that, as a company, we are no longer limited by the boundaries […]
Hilton to sell $1.9B in debt in private offering
As hotel industry revenues continue plummeting, McLean-based Hilton Worldwide Holdings Inc. announced this week it will sell $1.9 billion in debt in a private offering to institutional buyers. The hotelier will sell $800 million of senior notes (due in 2029) at a 3.75% interest rate and an additional $1.1 billion at a 4% rate. Those […]
Northrop Grumman completes design review for astronaut living quarters
Falls Church-based Fortune 100 defense contractor Northrop Grumman Corp. announced Wednesday it has completed the initial preliminary design review (PDR) for the Habitation and Logistics Outpost (HALO), which will serve as living quarters for astronauts at the Lunar Gateway mini space station during lunar exploration missions. T[...]
Northam: ‘Staying home is an act of love’
Gov. Ralph Northam said that news about mobile morgues in other states with COVID-19 spikes prompted him to enact new mitigation measures on Friday across the state. “What really affected me was seeing mobile morgues outside hospitals because there was no place to put the dead,” the governor said at his news conferen[...]
McLean health IT provider forms board of advisers
McLean-based health information technology provider CNSI announced Wednesday it has formed a board of advisers. “Their deep policy, technology, clinical, Medicaid, Medicare and commercial health knowledge and experience will be invaluable to CNSI’s future strategic growth,” CNSI CEO Todd Stottlemyer said in a statement. “They will also advise us on better ways to support our […]
