Artemis I to launch with help from Va. contractors
Northrop Grumman, SAIC, Boeing play roles in mission
EDITOR’S NOTE: Monday’s launch was scrubbed by NASA shortly after 8:33 a.m. because of an engine issue. Weather permitting, if the Artemis 1 moon mission launches from NASA’s Kennedy Space
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Va. Tech extends president’s contract through 2027
Tim Sands has served since 2014
Published
Metallica won’t be playing “Exit Sandman” anytime soon — Virginia Tech President Tim Sands will stay on as the university’s president though the 2027 academic year. The university’s board of
U.Va. program guarantees job interviews for certificate students
Three companies have signed on for program with others in the works
Published
The University of Virginia is partnering with companies to guarantee job interviews for some certificate students. The program comes from an agreement between U.Va’s School of Continuing and Professional Studies,
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TowneBank to acquire Farmers Bank
Deal valued at about $56M
Published
Suffolk-based TowneBank has agreed to acquire Windsor-headquartered Farmers Bankshares Inc., the parent company of Farmers Bank, the two companies announced Thursday. The deal is expected to close early next year.
Liberty launches search for new president
Consultancy to run national search to replace Prevo
Published
Liberty University announced Wednesday that it has hired an Atlanta-based executive search firm to find its next president, who will succeed Jerry Prevo, the longtime board chair who became the
Norfolk’s Military Circle Mall headed for wrecking ball
Aging mall to close by end of year for 2023 demolition
Published
Norfolk’s Military Circle Mall will close by the end of the year to make way for its demolition in the first quarter of 2023. The decision to close the mall
Va. Credit Union loses bid to expand membership
SCC rules VACU can't add 10K Medical Society of Va. members
Published
The Virginia State Corporation Commission ruled Wednesday that the Chesterfield County-based Virginia Credit Union cannot expand its membership to the Medical Society of Virginia, possibly resolving a three-year battle between
U.Va. creates new center for real estate
Center to be part of McIntire School of Commerce
Published
The University of Virginia has established a new Center for Real Estate and the Built Environment at the McIntire School of Commerce with a $10 million alumni gift, the university
Hard Rock names president of new Bristol hotel and casino
Temporary casino to open in second quarter
Published
Hard Rock International Inc. has announced a president to lead its and casino operations in Bristol. Allie Evangelista most recently served three years as a vice president and general manager
VEC reduces backlog by 89%
Backlog of separation claims down to to 27,728 from 246,273
Published
The Virginia Employment Commission has decreased its backlog by nearly 89%, Gov. Glenn Youngkin announced Monday. The VEC reduced the backlog of employment separation reports from 246,273 to 27,728 and
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George Mason hires chief diversity officer
Sharnnia Artis is assistant dean for access and inclusion for two UC Irvine schools
Published
Sharnnia Artis will be George Mason University’s vice president for diversity, equity and inclusion and chief diversity officer, beginning Sept. 1. Artis currently serves as the assistant dean for access
Old Point National Bank appoints VP operations
Christopher Hobbs comes from U.Va. Community Credit Union
Published
Hampton-based Old Point National Bank has appointed Christopher Hobbs as its vice president of operations, the bank announced Wednesday. “We are so pleased to have Chris Hobbs join the Old
United Way of SW Va. names marketing, communications director
Scott Robertson was managing editor of The Business Journal of Tri-Cities
Published
The United Way of Southwest Virginia named Scott Robertson as its director of marketing and communications. He will assume the role on Aug. 9, according to the Abingdon-based nonprofit. Robertson
Ashburn-based Telos Corp. names new CFO
Mark Bendza was VP at Honeywell International Inc.
Published
Ashburn-based cybersecurity firm Telos Corp. has appointed Mark Bendza as executive vice president and chief financial officer, the company announced Monday. Bendza was previously the vice president of investor relations
Opinion
What’s good for HBCUs is good for Virginia business
It's time to increase state support for historically Black colleges and universities, former Gov. Wilder writes
Published
Earlier this year, I issued a call for the commonwealth to confront and reassess its disproportionate support of its historically Black colleges and universities (HBCUs). I wrote a letter to
Making history (belatedly)
Published
Virginia, sometimes better known for its history than anything else, is poised to make more of it this November. There will be two female candidates on this year’s ballot for
Seizing our future by creating value together
What must we do as business leaders to cultivate the co-creation economy?
Published
Here in Virginia and across the nation we are witnessing an unprecedented effort to create greater equity — in consideration, treatment, opportunity and investment — throughout our society. Media attention
Are big tech firms more like nations?
Published
Roughly two years ago, Facebook announced plans to lead a consortium of companies creating a new digital token currency called Libra. The partners were to include major payment processors Visa,