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Stormy weather ahead?
Inverted yield curve. Unemployment. Consumer confidence. Interest rates. Inflation. Wealth managers are watching to see which way the economic indicator dominoes fall. Michael Joyce, president of Richmond-based financial planning firm Agili, sees troubling signs of a slowing economy. “If business investment further declines, t[...]
Portsmouth public housing community gets a face-lift
The Lincoln Park public housing community in Portsmouth is being redeveloped as Lexington Place in a massive redevelopment launched Tuesday. The first phase of construction of the new public housing complex, expected to cost $16 million, will include 72 townhouse-style apartments, and once the entire project is completed, Lexington Place will have 144 residential units […]
Ex-LeClairRyan employee settles pay discrimination lawsuit
Former LeClairRyan PLLC employee Marci Keatts settled her gender pay discrimination lawsuit against the defunct firm for an undisclosed amount, according to a Nov. 22 court order by Richmond U.S. District Judge Robert E. Payne. The Richmond-based firm, once the fifth-largest in the state, shut down in October under Chapter 7 dissolution after filing for […]
Carilion president donates $1 million for new cancer center
Carilion Clinic President and CEO Nancy Howell Agee and her husband, U.S. Circuit Judge G. Steven Agee, have given $1 million to launch the $100 million Carilion Clinic Cancer Center on the VTC Health Sciences and Technology campus in Roanoke, the nonprofit health care organization announced Tuesday. “Cancer care has long held[...]
Martinsville’s Carter Bank & Trust taps two senior VPs
Martinsville-based commercial bank Carter Bank & Trust promoted two long-time employees to senior leadership positions, the bank announced Tuesday. Former senior finance officer Andy Meece has been promoted to senior vice president and has been with the bank since 2006. Meece works in financial forecasting and modeling and serves as the chairman of the […]
Casino gaming could create 7,600+ jobs
Five proposed casinos, sports wagering and online casino gaming would directly create about 7,600 jobs and generate $367 million in net annual state tax revenue, according to projections released Monday by the Joint Legislative Audit and Review Commission. However, the five casinos combined would bring in less tax revenue than the Virginia Lottery, which in […]
Virginia Beach building sells for $1.84M
Tenants include Conte’s Bike Shops and Hospital Warehouse.
New leadership at Harvey Lindsay Commercial Real Estate
Brother of current president is tapped as next president.
Richmond ad firm Elevation names new creative director
C.J. Hawn is among four employees recently promoted to leadership positions.
DHG acquiring Northern Virginia accounting firm
RyanSharkey LLP of Vienna will become part of Dixon Hughes Goodman LLP on Dec. 1.
Charlottesville retail space sells for $3.15 million
Previous tenant was a Verizon Wireless store.
Norfolk-based nonprofit receives $2.5M grant from Amazon CEO’s charity
ForKids is one of 32 organizations to benefit this year from Bezos Day 1 Families Fund
