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Sep 1, 2020

Calabash Seafood ordered closed by court

Updated 2:45 p.m. A Hanover County seafood restaurant was ordered closed by a Hanover County Circuit Court judge Tuesday after the restaurant continued to operate with a suspended license due to COVID-19 safety violations. Judge Patricia Kelly issued a temporary restraining order effective as of 10 a.m. Tuesday, temporarily shutting down Mechanicsville’s Calabash Seafood, which […]

Sep 1, 2020

Genworth to move forward on $2.7B acquisition by Chinese company

Henrico County-based Genworth Financial Inc. announced Monday that it does not intend to exercise its right to terminate the $2.7 billion merger agreement with China-based Oceanwide Holdings Group Co. Ltd. as of Aug. 31. According to a statement from Genworth, the insurance company’s board of directors and management team determined that Oceanwide provided satisfactory information […]

Sep 1, 2020

NFL takes charge of Washington Football Team investigation

The National Football League is taking charge of the investigation into allegations of sexual harassment and verbal abuse within the Ashburn-based Washington Football Team organization, according to a statement from team owner Dan Snyder. According to reports from the NFL, on Monday Commissioner Roger Goodell spoke with Snyder, who was “supportive of the step.” Washington […]

Aug 31, 2020

BREAKING: Liberty board says outside firm will investigate university’s finances

The Liberty University Board of Trustees announced a “leading forensic firm” will conduct an investigation into the university’s operations during Jerry Falwell Jr.’s 13-year tenure as president. The firm, which is not named in the statement, will investigate financial, real estate and legal matters from [...]

Aug 31, 2020

VA awards $152M contract to Arlington firm

The U.S. Department of Veterans Affairs awarded Arlington-based federal technology contractor CACI International Inc. a six-year, $152 million contract to provide support for the department’s Financial Management Business Transformation program (FMBT), the company announced Monday. Under the contract, CACI software engineers will cleanse and convert the VA’s historical data onto the department’s new Integrated Financial […][...]

Aug 31, 2020

SCC names head of Va. Health Benefit Exchange

The State Corporation Commission (SCC) announced Monday it has appointed Victoria I. Savoy to direct the Virginia Health Benefit Exchange — a new state-based health insurance exchange for individuals and small businesses set to start later this year.  The Virginia Health Benefit Exchange was established by the 2020 Virginia [...]

Austin Griffin. Photo courtesy Capital Square
Aug 31, 2020

Capital Square names CFO

Henrico County-based real estate investment company Capital Square announced Monday it has hired Austin Griffin as chief financial officer. With more than two decades of experience, Griffin was most recently CFO with The Caton Cos., which oversees operations and assets for nine companies with more than $1 billion in assets. In h[...]

Aug 31, 2020

16 Va. hospitals ranked on national LGBTQ benchmarking tool

Sixteen Virginia hospitals earned a top score of 100 on the 2020 Healthcare Equality Index survey, a national LGBTQ benchmarking tool from the Human Rights Campaign (HRC), released Monday.  HEI evaluated more than 1,700 health care facilities’ policies and practices related to equality and inclusion of their lesbian, gay, bisexual, transgender and queer or questioning […]

Aug 31, 2020

Ikea, state pledge $4M for eviction legal assistance

Gov. Ralph Northam announced a $4 million fund Monday that will support 20 Legal Aid attorneys in defending Virginia tenants facing eviction over the next two years. The Ikea U.S. Community Foundation pledged $2 million, based on the unemployment funds its retail workers in Virginia received earlier in the year, and the state’s COVID-19 Relief […]

Aug 31, 2020

Rosetta Stone to be acquired by Dallas company for $792M

Arlington-based language learning company Rosetta Stone Inc. will be acquired by Dallas-based digital education company Cambium Learning Group Inc. (backed by private equity firm Veritas Capital Management LLC) for $792 million, the company announced Monday. The transaction is expected to close during the fourth quarter this year.  “This transaction represents the next step on a […]

Aug 31, 2020

Frederick County launches $1M business grant program

The Frederick County Economic Development Authority announced Monday it has allocated $1 million of federal CARES Act funds for a business grant program. Applications can be submitted at 8 a.m. Tuesday, Sept. 8 through 5 p.m. Tuesday, Sept. 15. The program will award grants of $5,000, $7,500 and $10,000 to businesses with 2019 annual gross […]

Aug 31, 2020

New COVID-19 cases and deaths rise statewide

The number of COVID-19 cases across the state rose by 6,964 over the past week, bringing the total number to 120,594, the Virginia Department of Health reported Aug. 31. The number of virus-related deaths rose by 109 last week, with a total of 2,580 since March. Both statistics saw increases since the previous week, when […]

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