Eastern Va. home sales increased by 31% in June compared to 2019
The number of Eastern Virginia homes that went under contract in June rose by more than 31% compared to June 2019, according to statistics released by Virginia Beach-based Real Estate Information Network Inc. (REIN), a regional real estate listing service. “The market is robust despite the initial worries of COVID-19, and we will continue to […]
1M+ Virginians have filed jobless claims since January
Since January, more than 1 million Virginians have filed initial jobless claims, according to the Virginia Employment Commission. More than 32,000 Virginians filed initial jobless claims last week, according to a VEC statement released Thursday. The week before last, Virginia had the fourth-highest increase in initial jobless claims in the nation, but that was not […]
K12 Inc. to hire 1,300 online educators during pandemic
Herndon-based online education provider K12 Inc. announced Wednesday it plans to hire more than 1,300 educators for the 2020 through 2021 school year, in light of a massive push to move education online during the pandemic. Across Virginia, schools have been making decisions regarding reopening in the fall, with some already opting for full online […]
Fairfax adds $20M to small business relief fund
The Fairfax County Board of Supervisors announced Wednesday it has directed an additional $20 million in funding to its Fairfax Relief Initiative to Support Employers (RISE) relief program — bringing its total funding to $46 million aimed at helping small businesses and nonprofits during the pandemic. The funding comes from the federal Coronavirus Aid, Relief […]
Va. first state to adopt statewide emergency workplace safety measures
Virginia is the first state to adopt statewide emergency workplace safety measures, Gov. Ralph Northam announced Wednesday. “Workers should not have to sacrifice their health and safety to earn a living, especially during an ongoing global pandemic,” Northam said in a statement. “In the face of federal inaction, Virginia has stepped up to protect workers […]
Va. hotel revenue declines worsen
Hotel revenue declines have worsened during the past week, despite the state operating under Phase Three of Gov. Ralph Northam’s “Forward Virginia” plan, which has loosened some gathering and hospitality restrictions. Hotel revenues and rooms sold declined in every major market in Virginia, compared with the same time frame last year, according to new data […]
Va. Beach manufacturing company investing $15.8M in expansion
Virginia Beach-based Acoustical Sheetmetal Co. (ASC) will invest $15.8 million to expand its operations, adding a 100,000- square-foot facility and creating 200 jobs, Gov. Ralph Northam announced Wednesday. ASC manufactures sound-reducing and weather-protective enclosures for onsite power generation equipment, such as control rooms, house generators, pumps, compressors, switchgear and HVAC equipment. “Advanced manufacturing contin[...]
Virginia Space launches rocket for first U.S. Space Force mission
The Minotaur IV rocket, carrying a classified payload for the National Reconnaissance Office (NRO), launched its first U.S. Space Force (USSF) mission from the Virginia Commercial Space Flight Authority’s (Virginia Space) Mid-Atlantic Regional Spaceport at NASA’s Wallops Flight Facility in Eastern Virginia, Gov. Ralph Northam announced Wednesday. “The Mid-Atlantic Regional Spaceport continues to serve the […][...]
Va. Lottery Board advances Portsmouth casino
The city of Portsmouth announced Wednesday that its preferred casino gaming partner, Chicago-based Rush Street Gaming, has been pre-certified by the Virginia Lottery Board to operate a Virginia casino. The pre-certification is necessary to move forward with a local gaming referendum in November. “We are grateful for the Lottery Board’s diligence on this matter and […]
Perspecta Labs lands $37M defense contract
Chantilly-based federal contractor Perspecta Inc. announced Tuesday that its research arm, Perspecta Labs, has landed a $37 million contract to develop network hardware to speed up complex computing applications for the Defense Advanced Research Projects Agency (DARPA) Perspecta will work on DARPA’s Fast Network Interface Cards program with a goal to accelerate — by 100 […]
Engineering consulting firm names Richmond office executive
Pittsburgh-based engineering consulting firm Michael Baker International announced Tuesday that Paul Baginski has been named as office executive for its Richmond location. Baginski was most recently CEO and chief marketing officer for engineering and tech company PAB Consulting Inc. In his new role, he will oversee federal, st[...]
SCHEV announces council appointments, leadership
Marge Connelly will chair the State Council of Higher Education for Virginia (SCHEV), Gov. Ralph Northam announced Tuesday. SCHEV is the state’s coordinating agency for higher education. Connelly was appointed to the council in 2014 and reappointed in 2018. She currently serves on the board of directors at Norfolk-based PRA Gr[...]