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Lawyers aim to lower barriers to legal advice for startups
It takes a lot to start a business — a marketable idea, available capital and good advice, among other resources. Tricia Dunlap puts legal guidance in the same bucket. A former history teacher who became a lawyer in her 40s, Dunlap started her own Richmond-based law firm, Dunlap Law PLC, in 2015 to help “un-lawyered [&hellip[...]
Exceeding expectations
In the greater Richmond region, local economic development authorities have been hard at work landing new business and securing expansions, and this year those efforts bore fruit, they say. In fact, 2022 has outpaced the past two decades, declares Jennifer Wakefield, the Greater Richmond Partnership’s president and CEO, as t[...]
Genworth president gives $1.5M to W&M
William & Mary has established a new postdoctoral fellowship in its Global Research Institute, funded by a $1.5 million gift from Genworth Financial Inc. President and CEO Tom McInerney, the college announced Wednesday. The fellowship will advance the GRI’s international study and research collaborations. A multidiscip[...]
Altria strikes $150M deal with Japan Tobacco
Altria Group Inc., the Henrico County-based tobacco giant, announced Thursday it is partnering with Japan Tobacco Group to sell heated tobacco products in the U.S. and worldwide, placing Altria in direct competition with Juul Labs Inc. and Philip Morris International Inc. The $150 million deal, in which Altria subsidiary Philip [...]
Telus International to acquire WillowTree for $1.2B
Charlottesville-based WillowTree Inc., recently recognized by Adweek for being one of the fastest-growing agencies in the nation, has entered into an agreement to be acquired by Canadian tech company Telus International Inc. for $1.225 billion, Telus announced Thursday. The acquisition is expected to close in January and is subject to regulatory approvals. Under the agreement, […]
NY publishing company to expand in Orange County
MPS, a division of New York-based Macmillan Publishers, will invest more than $26 million to expand its distribution operation in Orange County, creating an estimated 10 jobs, the county announced Wednesday. The investment will occur over the next three years. MPS is expanding its current 400,000-square-foot facility by 200,000 [...]
HCA’s Tim McManus promoted to national role
HCA Healthcare Inc. is promoting the president of its Richmond-based Capital Division, Tim McManus, to lead its national operating group, effective Jan. 1, HCA announced Tuesday. Dr. William Lunn, who currently serves as CEO of HCA’s Chippenham and Johnston-Willis hospitals, will follow McManus as HCA’s new Capital D[...]
Two Va. agencies make Adweek’s fastest growing U.S. agencies list
Two ad agencies that call Virginia home have landed on Adweek’s 2022 list of the fastest-growing U.S. ad agencies, the publication announced Monday. Richmond-based creative agency Dotted Line ranked third on the list of Adweek’s fastest-growing agencies in the Southeast, and No. 22 on the list of the nation’s 7[...]
Arko to buy Pride convenience stores for $230M
Arko Corp., a Fortune 500 holding company for Richmond-based convenience store chain GPM Investments LLC, announced Monday it has agreed to acquire Pride Convenience Holdings LLC, which operates 30 Pride convenience stores in Massachusetts and one in Connecticut. The $230 million acquisition, plus the value of inventory, would b[...]
Forvis names Fran Randall to governing board
Just weeks after promoting Fran Randall as its Richmond market leader, accounting firm Forvis has also appointed her to its governing board. The company, a new top 10 accounting firm formed by the merger this year of Charlotte, North Carolina-based Dixon Hughes Goodman LLP and Springfield, Missouri-based BKD CPAs & Advisor,[...]
Petersburg approves Cordish Cos. for possible casino
Petersburg City Council is taking a gamble on Maryland-based The Cordish Cos. to develop a casino there — even though Petersburg doesn’t yet have permission to build a casino, according to state law. Council members voted unanimously Tuesday in favor of Cordish,, a commercial real estate company that has developed casino[...]
Kings Dominion to remain open year-round
Kings Dominion will expand to year-round operations beginning in January, the Doswell theme park announced Tuesday. The park will now be open an additional nine weekends, or 18 more days, in January, February and early March. Historically, Kings Dominion opens for weekends in the spring and starts daily operations around Memoria[...]
