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Ex-CEO pleads guilty to $200M bitcoin Ponzi scheme in federal court
CEO Ramil Ventura Palafox pled guilty in Alexandria to wire fraud and money laundering in a $200M bitcoin MLM scheme defrauding 90,000
Stanley Martin Homes to acquire North Carolina homebuilder
Reston homebuilder Stanley Martin Homes has entered into an agreement to acquire North Carolina-based Windsor Homes’ assets and operations.
Democrats tie $6B Nexstar-Tegna deal to Jimmy Kimmel’s suspension
Congressional Democrats, including U.S. Sen. Tim Kaine, are tying ABC late night host Jimmy Kimmel's indefinite suspension on Wednesday to the $6.2 billion Nexstar-Tegna acquisition.
Ellucian announces new chief legal officer
Reston-based Ellucian has hired Lisa Gilley as chief legal officer, the higher education tech company announced Wednesday. She succeeds Jim Bennett, who is retiring after 35 years with Ellucian. Gilley will report directly to Ellucian President and CEO Laura Ipsen and will lead the company’s global legal function, supporti[...]
Reagan airport concession operator to lay off 55
Magic Pan, Say Si Bon and U Street Pub will close at Reagan National Airport, resulting in 55 jobs lost.
Aug. housing inventory, prices rise across Virginia regions
Housing inventory and sold prices rose last month in Northern Virginia, Hampton Roads and Central Virginia, but home sales declined in Hampton Roads.
American Systems acquires Epsilon, adds 400 employees
Chantilly-based government IT contractor American Systems announced that it has acquired North Carolina-based cybersecurity company Epsilon.
SAIC names chief growth officer
SAIC promotes Bob Ritchie to chief growth officer, uniting technology and business development.
Government contractor to add 1,200 jobs in Alexandria and Fairfax
Systems Planning & Analysis (SPA) announced Thursday it plans to expand its headquarters, increase its presence in Fairfax County and create more than 1,200 jobs.
Youngkin, Senate Dems continue fight over university boards
Virginia State Senate Democratic leaders are calling for George Mason University's rector to recuse himself or resign.
$1.64B CACI defense contract paused after Accenture protest
Following a protest by Accenture Federal Services, the Government Accountability Office has paused a $1.64 billion defense contract awarded to Reston-based Fortune 500 government contractor CACI International. On Aug. 11, the Department of Defense — which President Trump recently rebranded as the Department of War by executive[...]
Kettler names president of development
Real estate developer Kettler announced on Monday that real estate executive James Nozar has joined the firm as president of development
