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Atlantic Union to expand Henrico office, add 50 jobs
Atlantic Union Bank is investing $5.1 million to upgrade its corporate offices in Henrico County to accommodate growth, the bank announced this week.
PACE Equity announces Richmond leader
Wisconsin-based PACE Equity expanded its team this month with the addition of Steve Farbstein as Richmond’s originations leader.
Schewels Home acquires 100-year-old Petersburg retailer
Lynchburg retailer Schewels Home announced that it acquired Petersburg-based Butterworth’s Furniture, which has been in business since 1925.
Former Martin’s store in Chesterfield sells for $2.87M
The former Martin’s retail space at Chesterfield Meadows shopping center has been sold for $2.87 million to a limited liability company.
Molina Healthcare to close Henrico office, laying off 268 workers
Molina Healthcare, a Fortune 500 company that manages health care services for Medicaid and Medicare recipients, is closing its Henrico County office and laying off 268 workers.
Kings Dominion has new manager after Six Flags layoffs
Jennifer Schofield succeeds Bridgette Bywater as Kings Dominion’s head, following Six Flags announcing a more than 10% full-time workforce reduction.
Fed’s Fifth District expands slightly amid uncertainty
The Fifth District economy saw mild growth, with mixed hiring, rising import costs, and steady consumer spending despite economic uncertainty.
Owens & Minor ends $1.36B deal to buy home-based care business
Owens & Minor canceled its $1.36B acquisition of Rotech, citing regulatory delays.
Is DEI done at the University of Virginia?
Gov. Glenn Youngkin and the Justice Department push the University of Virginia to eliminate diversity, equity, and inclusion programs.
Charlottesville nurtures biotech startups
Charlottesville's biotech startup ecosystem is growing, with help of U.Va.'s $350M Manning Institute of Biotechnology and CvilleBioHub.
Richmond’s new tallest building planned
Boutique hotel, condos, apartments and offices would be part of 875,000-square-foot tower on E. Main Street in Richmond.
Cushman & Wakefield | Thalhimer announces new president
Eric Robison, who leads Thalhimer’s capital markets team, has been promoted to president, effective June 1.
