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‘Shark Tank’ casting call is coming to Va.
Virginia entrepreneurs, “the sharks” are coming for you. The casting team of ABC’s “Shark Tank” will hold its first-ever casting call in Virginia at Rivers Casino Portsmouth on April 12. The show is getting ready to film its 16th season with venture capitalists Barbara Corcoran, Mark Cuban, Lori Gre[...]
DXC makes Raul Fernandez permanent pres., CEO
Raul Fernandez is now the permanent president and CEO of DXC Technology, the Ashburn-based Fortune 500 IT company announced Thursday. DXC appointed Fernandez interim president and CEO in December 2023, replacing Mike Salvino in two of his three roles. David Herzog, DXC’s lead independent director, replaced Salvino as chairman [...]
Maximus hires chief digital and information officer
Maximus has hired Derrick Pledger as chief digital and information officer, the Tysons-based federal tech contractor announced Tuesday. Pledger joins Maximus from Leidos, where he oversaw a global team as the contractor’s chief digital and information officer. At Maximus, his responsibilities will include leading the company�[...]
HEARD AROUND VIRGINIA
Alexandria venture capital firm Columbia Capital has indicated in regulatory filings that it has raised $977 million to keep investing in companies in the communications and technology fields. Documents filed with the Securities and Exchange Commission on Dec. 15, 2023, show the investment firm has reached its fundraising goal for two separate funds. The firm […]
Dominion offshore wind farm earns final federal approvals
Richmond-based Dominion Energy has earned the final two federal approvals needed to move forward with the construction and operation of its $9.8 billion, 176-turbine offshore wind farm 27 miles off the coast of Virginia Beach. The Bureau of Ocean Energy Management granted final approval of the construction plan for the Coastal V[...]
Buc-ee’s starts construction on Rockingham center
It won’t be too long before drivers on Interstate 81 in Rockingham County will see a sign bearing a friendly, hat-wearing beaver. Texas-based travel center chain Buc-ee’s started construction on its first travel center in Virginia with a ceremonial groundbreaking Tuesday. Gov. Glenn Youngkin was there, as well as Buc-ee̵[...]
Martin Agency has new CEO
Danny Robinson is taking over from Kristen Cavallo as CEO of The Martin Agency, parent Interpublic Group of Cos. announced Tuesday. Robinson has been chief creative officer of the Richmond-based ad agency since 2020. Cavallo has headed Martin for the past six years, and IPG named her global CEO of MullenLowe Group 14 months ago.[...]
Sentara Halifax hospital construction to start in fall
Sentara Health will begin construction in the fall on a modern acute care hospital to replace the aging Sentara Halifax Regional Hospital in South Boston, with plans to open the facility in summer 2026, the Norfolk-based regional health care system announced Monday as it also released the first renderings of the replacement hosp[...]
RTX subsidiary lands $154M Army contract
Raytheon, a subsidiary of Arlington County-based RTX, received a $154 million contract to deliver independent viewer systems to the U.S. Army, the Fortune 500 aerospace and defense contractor announced Wednesday. Under the contract, Raytheon, which, like its parent company, is also based in Arlington, will deliver Commander’s [...]
Home sales slowed in 2023 and in final month of year
Home sales in Virginia dropped 20% last year, compared with 2022, and were the lowest the market had seen since 2014, according to new data released Tuesday by Virginia Realtors. Across Virginia, 98,464 homes sold in 2023, which is 24,780 fewer than the number of sales in 2022. Nine out of every 10 counties and […]
5 SWVA projects recommended for $9.5M in federal grants
Five Southwest Virginia economic development projects have been recommended to receive a cumulative $9.35 million in federal Abandoned Mine Land Economic Revitalization (AMLER) grants, Virginia Gov. Glenn Youngkin and U.S. Rep. Morgan Griffith announced Thursday. The projects are on sites where coal was mined before 1977. Fundin[...]
Apartments in Orange sell for $1.9M
A 48-unit apartment community in the Town of Orange has changed hands, according to One South Commercial. Belleview Apartments LLC purchased a 40,111-square-foot property with 48 units for $1.9 million from Belleview LLP. The apartments are located at 222-224 Bellevue Ave. in Orange. According to town property records, the prope[...]
