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Growing the talent pool
For tech worker Courtney Proffitt, summer 2020 was a transformative time. After roughly a decade away from her native Virginia, she found herself in an Airbnb rental on the outskirts of downtown Roanoke. “I was ready to try a new city after 10 years in Charleston,” recalls Proffitt, who earned her master’s degree from the [...]
Something in the Water brings crowds back to beach
Pharrell Williams’ Something in the Water made a splashy comeback to Virginia Beach from April 28-30, although wind and rain delayed the music festival’s start, and lightning and a tornado watch canceled the entire last day. Organizers promised attendees a one-third refund for tickets, which sold for $125 to $600. Williams, [...]
Cybercrime Inc.
The maddening thing is, the person in accounting did exactly what they were supposed to do after receiving an email purportedly from their chief financial officer asking them to transfer tens of thousands of dollars to a different account. “They called the CFO to make sure the email was accurate,” got the OK and made [&helli[...]
The stuff of dreams
Whether it’s aiming to solve a problem, build a better mousetrap or simply make a better life for themselves and their families, entrepreneurs start their businesses with a dream. And it’s in recognition of these visionary innovators that Virginia Business is pleased to debut StartVirginia, a new annual publication devoted t[...]
Richmond City Council approves Diamond District
Richmond City Council voted unanimously May 8 to approve the $2.44 billion Diamond District project, which includes a replacement for the aging stadium that’s home to the Double-A Richmond Flying Squirrels baseball team. The Diamond District’s first phase, expected to cost $627.6 million, includes a 9,000-capacity, $90 milli[...]
Donations by companies and corporate foundations
Check the numbers: Donations by individuals and family foundations; total corporate donations Read more: Mannings aim for biotech revolution with $100 million gift
Donations by individuals and family foundations
Read more: Mannings aim for biotech revolution with $100 million gift Check the numbers: Donations by companies and corporate foundations; total corporate donations
Total corporate donations
Check the numbers: Donations by companies and corporate foundations; donations by individuals and family foundations Read more: Mannings aim for biotech revolution with $100 million gift
For The Record June 2023
CENTRAL VIRGINIA Henrico County-based Fortune 500 tobacco manufacturer Altria Group Inc. settled at least 6,000 state and federal lawsuits related to its stake in Juul Labs Inc. for $235 million in May. The settlements will be paid in the second quarter of 2023. Altria purchased a 35% stake in e-cigarette company Juul for $12.8 billion […]
Pride in their work
When Kathryn Fessler interviewed with Altria Group Inc. in 2008, she was disappointed to learn that the Henrico County-based Fortune 500 tobacco manufacturing company didn’t have an employee resource group for LGBTQ+ employees. As an out lesbian, Fessler considered such groups a high priority when evaluating new workplaces, bu[...]
June 2023: Heard around Virginia
Agricultural biotech startup AgroSpheres will invest $25 million to expand in Albemarle County, creating an estimated 50 jobs, Gov. Glenn Youngkin announced May 4. The company, founded in 2016 by Payam Pourtaheri and Ameer Shakeel when they were undergraduates at the University of Virginia, will increase production at its facility at 1180 Seminole Trail and […]
