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Former executive sues New Peoples Bank for discrimination
Ex-VP Mary Trigiani characterizes bank's culture as evangelical Christian 'cult'
Mary Trigiani, a marketing consultant and native of Big Stone Gap, has sued Russell County-based New Peoples Bank for discrimination and wrongful termination. She was employed as senior vice president of strategic planning and development at the community bank from 2017 until 2019, when her position was eliminated. In a suit filed Jan. 1 with
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State opens COVID-19 vaccinations for Virginians 65 and older
Alexandria office building sells for $13.12M; to be converted to condos
Shenandoah County distillery faces environmental violation charges
COVID-19 vaccinations for Va. essential workers start Monday
State anticipates fewer COVID vaccine doses due to U.S. shortfall
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Hilton to sell $1.5B in private debt offering
This marks the hotel chain's second major debt offering in two months
Published
While the hospitality industry continues to struggle amid the pandemic, McLean-based Hilton Worldwide Holdings Inc. announced Tuesday it will sell $1.5 billion in debt in a private offering to institutional buyers. This mark’s Hilton’s second major debt offering within the past couple of months. In November 2020, Hilton announced its $1.9 billion debt offering, from
Northam calls FEMA denial ‘a slap in the face’
Trump administration declined federal funding for Va. National Guard, police at U.S. Capitol
Published
In a tweet Tuesday, Gov. Ralph Northam decried the Federal Emergency Management Agency’s denial of federal funding for the Virginia National Guard presence at the U.S. Capitol as a “slap in the face” by President Donald Trump. “Virginia was there to defend the U.S. Capitol on January 6 — and we are committed to ensuring
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DroneUp names chief strategy officer
Carl Smit joins Virginia Beach-based drone solutions company
Published
Virginia Beach-based DroneUp LLC announced Tuesday it has hired Carl Smit as its chief strategy officer. In his new role, he will advise CEO Tom Walker and DroneUp’s senior leadership team to set the strategic direction of the company and focus on growing its retail drone delivery offerings. He will also oversee corporate development including
Constellis CEO resigns, replaced by lead director
Tim Reardon leaves Herndon company; Terry Ryan takes top spot
Published
Herndon-based federal contractor Constellis announced Tuesday that CEO Tim Reardon has resigned to “pursue other interests,” and the company’s lead director, Terry Ryan, will replace him, effective immediately. “It has truly been an honor to lead such a great company with so many exceptional people, and I am excited about Constellis’ future with Terry at
Applications open Tuesday, Jan. 19 for new PPP round
Some small businesses that already received funding eligible for additional funding
Published
The relief loan floodgates will reopen Tuesday, as the U.S. Small Business Administration opens the latest $284.5 billion round of Paycheck Protection Program (PPP) funding available. This time, borrowers who received allocations during the initial rounds of PPP funding in 2020 can reapply under Second Draw PPP Loan applications. First Draw PPP Loans are for
Va. nears 10k COVID cases in single day
Meanwhile, public health officials deal with expected U.S. vaccine shortfall
Published
The state hit a new one-day record of nearly 10,000 COVID-19 cases on Sunday. The rise in coronavirus infections comes amid a significant increase in coronavirus-related deaths, with approximately 49 fatalities a day, or two deaths per hour, occurring in the commonwealth last week. Meanwhile, Virginia public health officials said they expect a decrease in
Facing her own censure, Chase plans resolution to censure Lucas
Senate president pro tempore participated in racial justice protest last June
Published
As state Democrats seek to censure her for participating in the Jan. 6 pro-Trump rally that preceded the violent breach of the U.S. Capitol, state Sen. Amanda Chase, R-Chesterfield County, said she planned to file a resolution Monday to censure Democratic colleague Sen. Louise Lucas, D-Portsmouth, for taking part in a social justice protest last
Four industrial buildings in Spotsylvania County sell for $14M
Buildings to be redeveloped into apartments
Published
Four industrial buildings in Spotsylvania County sold for $14 million and will be redeveloped into an apartment complex, Cushman & Wakefield | Thalhimer announced Monday. The 495,830-square-foot, four-building Fredericksburg Industrial Park is located at 11800-11900 Main Street and 10857 Houser Drive in Spotsylvania County. Monument Cos. plans to redevelop the property into 525 one- and
Commercial real estate lease roundup
Va. leasing announcements for Dec. 18, 2020, to Jan. 18, 2021
Published
Northern Virginia Foundation Building Materials LLC leased 25,259 square feet of industrial space at 14920-14970 Farm Creek Drive in Woodbridge. Virgil G. Nelson of Cushman & Wakefield | Thalhimer handled the lease negotiations on behalf of the tenant. Johnson Roofing Systems Inc. expanded and renewed its lease of 6,000 square feet of industrial space at