Dominion Energy, Altria commit grant funding for small businesses
Updated 2:30 p.m. Aug. 27 Two Virginia corporate giants announced details Thursday on funding for small businesses in Richmond and Hampton Roads affected by protest-related damage and ongoing coronavirus hardships. Altria Group Inc., based in Henrico County, and Richmond-based Dominion Energy Inc. pledged $5 million each for small businesses and social justice organizations in June, […]
VCU Graduate School names new dean
Daniel C. Bullard will be the new dean of the Virginia Commonwealth University Graduate School, effective Oct. 1, the university announced Thursday. He is currently associate dean for recruitment, retention and diversity at the University of Alabama at Birmingham’s graduate school. Bullard also is a professor at the UAB Sc[...]
Lidl US plans to add 50 stores nationwide
Lidl US, the Arlington-based grocery store chain, plans to open 50 stores by the end of next year on the East Coast, the company announced Tuesday. The expansion will bring its total number of stores in the United States to 150. Seven new stores will be in Virginia: Alexandria, Burke, Chantilly, Charlottesville, Falls Church, Manassas […]
UPDATED: After back and forth, Falwell has resigned from Liberty
Updated 2:30 p.m., Aug. 25 Liberty University confirmed Tuesday afternoon that Jerry Falwell Jr. has resigned as president, chancellor and member of its board of directors. According to a news release, the embattled evangelical leader sent a letter of resignation late Monday to members of the Board of Trustees’ executive c[...]
UPDATED: After saying resignation reports were ‘false,’ Falwell reportedly resigns
Update, Aug. 25: According to an interview with ABC News late Monday, Falwell says he has tendered his letter of resignation as president of Liberty University. Earlier: Although other news outlets have reported that Jerry Falwell Jr. has agreed to resign as president and chancellor of Liberty University, Falwell said in an int[...]
Markel appoints new chief risk officer
Julia Chu was named Henrico County-based Markel Corp.’s chief risk officer, a newly created role, the financial holding company announced Monday. She was previously Markel’s chief global ceded reinsurance officer, a position she started in March 2018. Chu will be responsible for the specialty insurance underwriter[...]
U.S. employment rising slightly but still mostly flat, survey says
A survey released Monday by Virginia Commonwealth University and Arizona State University economists indicates that coronavirus-fueled economic uncertainty may have paused the nation’s labor market recovery, which stands at 63.8% employment. The employment rate remained steady during the week of Aug. 9-15, according to the[...]
Apartments developer buys 13 acres in Chesterfield for $4M+
An apartment complex developer has purchased a 13-acre site in Chesterfield County for $4.025 million, Commonwealth Commercial Partners LLC announced Friday. Located at 6767 Iron Bridge Road, the complex will include 230 apartment units, a clubhouse and a pool. Austin Woods Development Co. sold the property to Waverton Developme[...]
UPDATED: Ex-associate claims sexual relationship involving Jerry and Becki Falwell
RELATED STORY: Despite saying earlier Monday that reports of his resignation were “completely false,” Jerry Falwell Jr. said in a late-night interview with ABC News that he tendered his resignation as president of Liberty University late Monday night. Updated, 1:30 p.m. Aug 24 A former business associate of Liberty [...]
Liberty board confirms Jerry Falwell Jr.’s indefinite leave
Update, Aug. 24: In a statement, Jerry Falwell Jr. alleges former friend blackmailed his family over affair with Falwell’s wife. At a special meeting Friday, Liberty University’s Board of Trustees affirmed the terms of Jerry Falwell Jr.’s indefinite leave of absence and the terms of employment for the school&[...]
Two VCU faculty named senior members of National Academy of Inventors
Virginia Commonwealth University announced Tuesday that two faculty members have been named as senior members of the National Academy of Inventors, an organization for inventors in academia. Srirama Rao, VCU’s vice president for research and innovation, and Everett Carpenter, a chemistry professor in the College of Humanities [...]
RetailData LLC names new president, CEO
Glen Allen-based RetailData LLC announced Wednesday that Jacob Blondin has been promoted to president and CEO, replacing Christopher F. Ferguson, who is retiring after more than 20 years with the company. Blondin most recently served as chief operating officer for the company, which he joined in 2015 as vice president of strateg[...]