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Skience names new president and COO
Marc Butler, who has held executive roles at Bank of New York Mellon Corp., will join Skience as the Herndon-based wealth management firm’s president and chief operating officer, the company announced Monday. Butler was most recently COO and managing director of BNY Mellon/Albridge and held other leadership roles at BNY Mellon/Pershing. At Skience, which was […]
UPDATED: After saying resignation reports were ‘false,’ Falwell reportedly resigns
Update, Aug. 25: According to an interview with ABC News late Monday, Falwell says he has tendered his letter of resignation as president of Liberty University. Earlier: Although other news outlets have reported that Jerry Falwell Jr. has agreed to resign as president and chancellor of Liberty University, Falwell said in an int[...]
Markel appoints new chief risk officer
Julia Chu was named Henrico County-based Markel Corp.’s chief risk officer, a newly created role, the financial holding company announced Monday. She was previously Markel’s chief global ceded reinsurance officer, a position she started in March 2018. Chu will be responsible for the specialty insurance underwriter[...]
U.S. employment rising slightly but still mostly flat, survey says
A survey released Monday by Virginia Commonwealth University and Arizona State University economists indicates that coronavirus-fueled economic uncertainty may have paused the nation’s labor market recovery, which stands at 63.8% employment. The employment rate remained steady during the week of Aug. 9-15, according to the[...]
Virginia colleges reopen with COVID-19 data available
RICHMOND — Virginia college students returning to campus amid the COVID-19 pandemic have been equipped with masks, hand sanitizer and disinfectant wipes. Now, many also have coronavirus testing data available at their fingertips. Some Virginia universities have unveiled COVID-19 dashboards to track infections as students r[...]
Roanoke Regional Partnership executive director to retire
Beth Doughty, executive director of the Roanoke Regional Partnership, announced Monday she will retire after 22 years with the public-private economic development organization. She plans to leave in December. Roanoke Regional Partnership covers the counties of Alleghany, Botetourt, Franklin and Roanoke, the town of Vinton and th[...]
New COVID-19 cases continue to decline statewide; deaths are up
The Virginia Department of Health has reported 113,630 COVID-19 cases as of Aug. 24, an increase of 6,209 cases in the past week. The state also saw 86 more deaths from the coronavirus last week, bringing the total to 2,471. The number of new deaths is up from the previous week’s total of 58, but […]
Apartments developer buys 13 acres in Chesterfield for $4M+
An apartment complex developer has purchased a 13-acre site in Chesterfield County for $4.025 million, Commonwealth Commercial Partners LLC announced Friday. Located at 6767 Iron Bridge Road, the complex will include 230 apartment units, a clubhouse and a pool. Austin Woods Development Co. sold the property to Waverton Developme[...]
Hanover shopping center being built on former Wigwam site
CORRECTION: An earlier version of this story incorrectly stated the location of the shopping center. It is being built in Hanover County. Construction began last week on a 22,000-square-foot shopping center in Hanover County on U.S. Route 1 near Virginia Center Commons, Richmond-based asset disposition group Motleys announced Friday. Wigwam Crossing is being built on […]
UPDATED: Ex-associate claims sexual relationship involving Jerry and Becki Falwell
RELATED STORY: Despite saying earlier Monday that reports of his resignation were “completely false,” Jerry Falwell Jr. said in a late-night interview with ABC News that he tendered his resignation as president of Liberty University late Monday night. Updated, 1:30 p.m. Aug 24 A former business associate of Liberty [...]
Liberty board confirms Jerry Falwell Jr.’s indefinite leave
Update, Aug. 24: In a statement, Jerry Falwell Jr. alleges former friend blackmailed his family over affair with Falwell’s wife. At a special meeting Friday, Liberty University’s Board of Trustees affirmed the terms of Jerry Falwell Jr.’s indefinite leave of absence and the terms of employment for the school&[...]
Leidos subsidiary to build NASA spacecraft under $253M contract
Dynetics, a subsidiary of Reston-based federal contractor Leidos, has started developing a spacecraft called the Autonomous Logistics Platform for All-Moon Cargo Access through a potential $253 million contract with NASA to develop human landing systems for the agency’s lunar mission by 2024, CNBC first reported Wednesday. NASA selected Dynetics, along with Blue Origin and SpaceX, […]
