Cover Story
The Powell Memo
Did this document put big business in the political driver’s seat?
The Powell Memorandum has been praised and vilified, denounced as a blueprint for business to seize control of American life, and embraced as a way to protect liberty and free
Opinion
The Mailroom August 2021
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More energy alternatives The “Rolling out the red carpet” article in your June issue outlined how economic development officials foresee the Coastal Virginia Offshore Wind project “becoming an East Coast
Hot time, summer in Virginia
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Thus far, we’ve been spared from the heat wave that gripped Oregon, as well as the drought hitting California, not to mention western wildfires. But summer is still always a
From This Issue
2021 Virginia CFO Awards: The winners
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Large business CFO: John C. Zeheb, Ukrop’s Homestyle Foods LLC, Richmond Large nonprofit CFO: Clifford Yee, Northern Virginia Family Service, Oakton Small business CFO: J. Robert Mooney, Phlow Corp., Richmond Small nonprofit
Bridging the gap
Black-owned small businesses seek to overcome pandemic challenges
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At the beginning of 2020, A Family Affair Event Management had already filled its schedule for the year with an array of weddings and corporate, social and destination activities. Then
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Silver Line will miss Labor Day target
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Problems plugging Silver Line Phase 2 into the rest of the Washington transit system are delaying the project’s transfer from the Metropolitan Washington Airports Authority to the Washington Metropolitan Area
Preparing for the worst
Amid pandemic, CFOs positioned businesses for recovery
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Read about the 2021 Virginia CFO Award winners. John Brocato’s coveted tickets to the Atlantic Coast Conference men’s basketball tournament suddenly became void in March 2020 after the ACC canceled
Come together
Community bank consolidations gather steam
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Virginia is seeing a wave of bank mergers and acquisitions, a trend that could intensify, banking experts say. “We could potentially see a record-setting year for bank mergers and acquisitions,”
Norfolk ‘micro-school’ will prep kids for future work
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Music superstar Pharrell Williams’ educational nonprofit, Yellow, will be opening a new, independent “micro-school” with a focus on STEM and workforce preparation this fall in Norfolk’s Ghent neighborhood. The school,
Going with the Phlow
Veteran CFO aids pharma startup that has big mission
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Small Business | J. Robert Mooney, CFO Phlow Corp., Richmond Without Bob Mooney, Phlow Corp. might never have gotten off the ground. “I do not believe I would’ve had the
The annotated Powell Memo
An interactive, annotated look at the corporate 'call to arms' on its 50th anniversary
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The Powell Memo has been described as “a call to arms for corporations” and “a corporate blueprint to dominate democracy.” On the 50th anniversary of the controversial memorandum penned by
Now shed of wireless assets, Shentel embraces broadband
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Shenandoah Telecommunications Co., or Shentel, sold its wireless assets in July to T-Mobile USA Inc. for $1.94 billion, leaving the Edinburg-based company with approximately $1.25 billion in proceeds after paying
AUGUST 2021 FOR THE RECORD
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Roanoke/New River Valley Three off-campus housing complexes in Blacksburg geared toward Virginia Tech students were sold for $146 million in a deal announced by Berkadia in late June. The buyer,
