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U.Va. moving all classes online as coronavirus spreads in Va.
UPDATE, 3:34 p.m., MARCH 11: The University of Virginia’s College at Wise is the latest state higher education institution to announce that it is suspending in-person education and will be moving all classes online as coronavirus spreads in Virginia. U.Va. Wise plans to switch to online classes as of March 23 for the rem[...]
VCU Health System to acquire Riverside Tappahannock Hospital
Richmond-based VCU Health System is purchasing the 67-bed Riverside Tappahannock Hospital and its related medical services from Riverside Health System, the health systems announced Tuesday. Financial terms of the transaction were not released. VCU Health System will acquire RTH and its related services, including diagnostics, p[...]
Amazon to build two operations facilities in Hampton Roads, create 1,500 jobs
Amazon.com Inc. will build two operations facilities in Hampton Roads, creating an expected 1,500 jobs, Gov. Ralph Northam announced Tuesday. Both facilities are anticipated to open in 2021. The first facility is a multi-story robotics fulfillment center in Suffolk, which will create 1,000 jobs. The second is a 650,000-square-foot processing center in Chesapeake, which will […]
1901 Group expanding into Washington County
Reston-based information technology services company 1901 Group will invest $1.15 million in Washington County to establish its third Virginia operations center, creating 150 jobs, Gov. Ralph Northam announced Monday. The new center will be located at the Virginia Highlands Small Business Incubator in Abingdon, where small busin[...]
Eight Virginians test positive for coronavirus
CORRECTION: Virginia Business previously reported that there were nine cases of COVID-19 in the commonwealth. However, a U.S. Navy announcement Tuesday about a civilian worker in Falls Church who reported positive for the coronavirus concerned one of the cases already reported by the Virginia Department of Health. Virginia has e[...]
Casino plans move forward with GA vote
A bill allowing commercial casinos in five cities is expected to be signed by Gov. Ralph Northam after it passed the Virginia General Assembly on Sunday by a 60-35 vote in the House of Delegates, a day after the state Senate passed the bill 27-12. HB4 authorizes casino gaming in Portsmouth, Richmond, Norfolk, Danville and [&hell[...]
Democratic lawmakers reflect on historic General Assembly session
RICHMOND, Va. — Virginia lawmakers passed over 1,200 new laws in two months, a variety of them in the final days of the 2020 session, which expanded into Sunday evening to accommodate the backlog of legislation. This session has been the first time since 1994 that the Democrats have controlled both chambers of the General [...]
Lawmakers OK bill to bring solar to low-income communities
RICHMOND, Va. — The General Assembly passed a bill that aims to increase access to renewable energy for lower-income communities. House Bill 573, introduced by Del. Mark Keam, D-Fairfax, amends an existing solar development pilot program that requires utility companies to invest in renewable energy. Keam’s bill adds the [...]
Madison+Main names new president
Richmond-based brand communications firm Madison+Main on Thursday announced that it has promoted Chief Operating Officer Molly Whitfield to president, effective March 1. Whitfield, who will continue in her COO role, is the second president in the firm’s 15 years in business. Whitfield began working with the agency in 2007 and [...]
OBXtek Inc. wins $44.2M State Dept. contract
McLean-based information technology government contractor OBXtek Inc. was awarded a five-year, $44.2 million contract from the Department of State to support the Bureau of Diplomatic Security’s Technical Security Engineering (TSE) Division, OBXtek announced Wednesday. OBXtek will provide program management, operational support and administrative support, as well as developing training analysis and manage training programs. The [&hel[...]
SAIC to raise $400M to finance Unisys Federal acquisition
Reston-based federal contractor Science Applications International Corp. (SAIC) will raise $400 million to finance its $1.2 billion acquisition of Reston-based Unisys Federal, the company announced Wednesday. SAIC will launch an offering of senior notes due in 2028 and will use the proceeds, cash on its balance sheet, borrowings under its credit facility and proceeds from […]
Stanley Martin buys Richmond parking lot for $3.9M to develop town homes
Reston-based Stanley Martin Cos. LLC has purchased a 1.16-acre parking lot at 1027 N. Lombardy St. in Richmond from Sylvia Place Properties LLC for $3.9 million, Virginia Beach-based Divaris Real Estate Inc. announced Wednesday. Read Goode and Cheryle Toy represented Stanley Martin in the transaction. Stanley Martin also has 2[...]
