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Divaris hires principal for Richmond office
Virginia Beach-based real estate company Divaris Real Estate Inc. announced Tuesday it has named Loretta L. Cataldi as principal and managing broker. In her new role, she will work in Divaris’ Richmond office leading office operations, leasing activities, recruiting, mentoring and company growth. Cataldi was most recentl[...]
Richmond Folk Festival canceled this October
The Richmond Folk Festival, which often draws hundreds of thousands of music fans to the capital in the second weekend of October, will be canceled due to COVID-19 this fall, Venture Richmond announced Tuesday. Also canceled is Richmond’s 2nd Street Festival, another cultural food and music event held downtown the first we[...]
Calif. tech firm’s $12.4M Va. relocation will create 700 jobs
Calabasas, California-based tech and professional services company ASGN Inc. will invest $12.4 million to move its corporate headquarters and operations to Virginia, creating a total of 700 jobs, Gov. Ralph Northam announced Monday. “The creation of 700 new jobs is critical as we work to rebuild and strengthen our economy from the impacts of COVID-19,” […]
Virus cases spike among Latino population in Richmond area
The Richmond region has seen a dramatic increase in the number of COVID-19 cases among Latinos because of workplace spread, health officials reported Friday. Although Hispanics make up only 6.5% of the population in the city of Richmond, they represent 30% of all virus cases and 30% of hospitalized patients there, said Richmond [...]
Central Va. CEOs ‘unhappy’ with pace of reopening
Although a majority of Central Virginia CEOs have an improved outlook for sales, capital spending and employment for the next six months, they’re unhappy with the pace of reopening, according to a follow-up 2020 CEO Economic Outlook Survey released Friday by the University of Richmond’s Robins School of Business and the Virginia Council of CEOs […]
VMFA plans public reopening July 4
In an email to members Thursday, Virginia Museum of Fine Arts announced it would reopen to the public July 4, and to members on July 1. The Richmond museum closed in March due to the COVID-19 pandemic and has remained shut since, except for its grounds, where many people gather in nice weather. “As the […]
Focused Ultrasound Foundation names board members
The Focused Ultrasound Foundation, based in Charlottesville, announced Thursday it has named two Virginia executives to its board of directors: Scott C. Beardsley, University of Virginia Darden School of Business dean, and Mike Lincoln, Cooley LLP global business department chair. Beardsley became the Darden School’s dean in 2015 and is also the Charles C. Abbott […]
UK software company buys Chesterfield’s Mapcom Systems
Chesterfield County-based telecommunications software company Mapcom Systems announced Tuesday that it has been acquired by United Kingdom-based geographic software company VertiGIS. Financial terms of the transaction were not disclosed. “Mapcom’s customer-centric approach to digitalizing processes and solving challenges with location technology matches well with ours,” VertiGIS President and CEO Richard Wiegmann said in a[...]
Charlottesville energy companies move toward merger
Charlottesville-based energy company Tiger Fuel Co. announced Friday it has acquired 40% of the shares of Altenergy Inc., which is also based in Charlottesville — a first step in the acquisition of Altenergy to be completed in March 2021. “Altenergy and Tiger share a common commitment to doing the right thing for our customers, our […]
Altria to donate $5M to social justice nonprofits, businesses
Henrico County-based Fortune 500 tobacco manufacturer Altria Group Inc. announced Friday that it will donate $5 million to national and local organizations that address systematic racism and small businesses that have been affected by vandalism associated with recent protests and rioting. “These are difficult times, and we must find ways to embrace our differences, address […]
Dominion commits $5M to social justice nonprofits, businesses
As protests over the killing of George Floyd by a police officer in Minneapolis have spread into a nationwide movement against systemic racism and injustice, the Dominion Energy Charitable Foundation announced Thursday that it will donate $5 million to nonprofits and minority-owned and small businesses within Dominion Energy Inc.’s 20-state footprint. Of the $5 million […]
Suburban businesses board up windows amid protest climate
As rumors — some false — circulated on social media that heated racial-justice protests like those seen in Richmond might turn to the suburbs, several businesses in suburban Henrico and Chesterfield counties boarded up store windows out of apparent concern for potential looting and vandalism that didn’t materialize. Fl[...]
