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AHLA: Va. stands to lose 86K+ hotel jobs without federal support
Virginia stands to lose 86,821 hotel-related jobs if Congress doesn’t extend Paycheck Protection Program loans or expand the Main Street Lending program, according to projections released Wednesday by the American Hotel & Lodging Association (AHLA) — and the state may lose all but about 500 hotels to foreclosure. Pre-pandemic, Virginia was home to 1,532 hotels, […]
Fairfax peanut butter maker will open manufacturing facility
OmMade Peanut Butter, an all-natural peanut butter brand created by a Fairfax County woman, will build a manufacturing operation in the county, investing $300,000 and creating five jobs, Gov. Ralph Northam announced Wednesday. Owner Radhika Murari, who sells her products online and at area Whole Foods grocery stores, plans to source 30,000 pounds of peanuts […]
Va. offshore wind industry could create 5.2K jobs, study finds
The offshore wind industry could create up to 5,200 jobs in Virginia (with a majority in Hampton Roads) and an estimated $740 million in total economic activity during the next several years, according to an economic impact analysis conducted by Henrico County-based Mangum Economics and released Tuesday by the Hampton Roads Alli[...]
Arlington tech firm launches ransomware negotiation service
Arlington-based threat intelligence company GroupSense on Tuesday launched a new service to help companies dealing with ransomware attacks. The ransomware negotiation service will allow GroupSense to help during the negotiation process with hackers. During ransomware attacks, rogue software can block access to programs and data until a payment is made to hackers. “Enterprises need to […][...]
Liberty pays Falwell two years’ base salary in severance deal
Liberty University announced Tuesday that it has paid Jerry Falwell Jr., its embattled and controversial former president and chancellor, two years’ base salary as severance. Falwell resigned on Aug. 25 under a barrage of international media coverage of his alleged role in a sex scandal involving his wife’s admitted [...]
Ex-WMATA official sentenced in federal fraud case
A former assistant superintendent of Washington Metropolitan Area Transit Authority (WMATA) was sentenced Tuesday to 14 days of incarceration and two years of supervised release after conspiring with a former pro football player to defraud the transit authority of more than $300,000. In January, Kirby Smith pleaded guilty to violating federal law by supplementing his […]
Fall enrollment down nearly 10% at community colleges
Early estimates indicate that fall enrollment at Virginia’s community colleges is down nearly 10% compared to fall 2019, and down by 6.6% at private four-year universities, according to the State Council of Higher Education for Virginia in a study released Tuesday. However, public four-year universities are holding steady,[...]
Suffolk city manager resigns
Suffolk City Manager Patrick Roberts has resigned, effective Oct. 2. Suffolk City Council accepted Roberts’ resignation during a special meeting on Monday evening after returning from a closed session. Albert Moor was appointed as interim city manager and will assume the position Oct. 3. “It is with extremely heavy hea[...]
DXC Technology announces leadership overhaul
Only one year after CEO Mike Salvino took the reins, Tysons-based Fortune 500 IT company DXC Technology on Monday announced a major leadership overhaul, including naming new heads of its Americas, Asian Pacific and Europe, Middle East and Africa business segments, among others. Salvino announced the following appointments and [...]
Hitachi AAB Power Grids expanding in Bland County
Hitachi ABB Power Grids will invest $6.2 million to upgrade equipment and increase manufacturing capacity at its operations in Bland County, where it is the county’s largest private-sector employer. The expansion will add 40 jobs, Gov. Ralph Northam announced Monday. “Hitachi ABB Power Grids has made tremendous contributions to Southwest Virginia and the commonwealth for […]
Centreville defense contractor wins $50.6M contract
Centreville-based Parsons Corp. has received a $50.6 million, six-year contract contract from the U.S. Air Force for 13 ground vehicles that clear mines and unexploded ammunition, the company announced Oct. 1. The military branch awarded Parsons the contract Sept. 23, with a completion date of Sept. 2023. The vehicles are known as RADBO, or Recovery […]
State to allocate $10M in block grants for COVID-19 recovery
The state government is earmarking more than $10 million in federally funded Community Development Block Grants (CBDG) for COVID-19 recovery projects across the commonwealth, including some small business assistance funds, Gov. Ralph Northam announced Monday. “Our administration remains committed to investing in rural communities during this unprecedented health crisis and as we work to rebuild […][...]
