The CEO at a Virginia contracting firm says he will not take a salary until the shutdown is over
“I’m not trying to be generous. I’m trying to invest,†he said. “I can’t overstress the very tight labor market. And it’s even tighter when you have to add in the clearances and other stipulations in this marketplace.".....»»
BT boss gives salary to health workers, lifts pay for key staff
The head of Britain's biggest telecoms firm BT said he would donate his salary to health workers for at least six months and award a pay rise to his frontline staff who are maintaining broadband networks during the COVID-19 shutdown......»»
Britain"s BT commits to no job losses over coronavirus
The head of Britain's biggest telecoms firm BT said he would donate his salary to health workers for at least six months and award a pay rise to his frontline staff who are maintaining broadband networks during the coronavirus shutdown......»»
Century-old mechanical contracting firm moves its headquarters to Lynnwood
Approximately 50 to 60 people work out of the firm's new space, which includes collaboration spaces, hoteling stations, phone and Zoom rooms, several conference rooms and a mother’s room......»»
Fuel shortages reported in Southeast, gas prices climb amid pipeline shutdown
While Colonial Pipeline works to restore service after last week's cyberattack, some gas stations in Virginia, Georgia, Florida and other parts of the country say pumps are dry......»»
Fortune 500 firm targeted NC counties before picking Virginia for manufacturing facility
The $11 billion-company visited three counties in North Carolina and was seriously considering Greenville for an expansion before ultimately selecting a site in Virginia......»»
Seattle data analytics firm Koverse scooped up by government contractor
The deal will provide Virginia-based Science Applications International Corp. with a powerful analytics software platform......»»
Virginia Tech, Hitt Contracting scuttle Falls Church campus expansion
Both the school and Hitt made a "mutual decision" to shelve the overhaul......»»
Huge losses on derivative trades at Geode Capital Management force hedge-fund business shutdown: WSJ
Huge losses on derivative trades at Geode Capital Management have forced the giant investment firm to close down its hedge-fund business......»»
Capitol Report: Democrats may have to lower ambitions for relief bill as Manchin stands firm
Democrats may be forced to scale back their ambitions for a $1.9 trillion coronavirus relief package as one key senator, West Virginia's Joe Manchin, has said he won't support trying to stretch the rules governing the budget process......»»
Carlyle Group buys, rebrands two government contracting firms in hot M&A market
The massive private equity firm hopes the deal creates a national security tech powerhouse......»»
Virginia state Sen. Ben Chafin dies at age 60 after contracting COVID-19
"Southwest Virginia has lost a strong advocate - and we have all lost a good man," said Gov. Ralph Northam in a written statement. Virginia state Sen. Ben Chafin. AP Photo/Stev.....»»
Happy Valley medical office building sells to Virginia firm
The building covers nearly 39,000 square feet......»»
Why this veteran Silicon Valley broker joined a new firm to open its San Jose office in the midst of a pandemic
After 36 years at Meacham/Oppenheimer CORFAC International, Joshua Gispan is now helping TRI Commercial/CORFAC shape its Silicon Valley expansion at a time when some of the nation's larger commercial real estate firms are contracting......»»
Bowser cautious on reopening D.C. as Virginia and Maryland eye moves to restart economies
D.C. Mayor Muriel Bowser is holding firm that the city isn’t prepared to reopen its economy as Maryland and Virginia prepare to lift restrictions that have devastated business. “We’re in the national capital region, and in both Maryland and.....»»
More people seem to be watching porn on work devices — and it"s a cybersecurity problem for employers
Virginia Mayo/AP As working from home becomes the norm, people's work habits are changing rapidly and becoming increasingly blurred with their personal life, according to a new report from cybersecurity firm Kaspersky. One o.....»»
St. Louis security firm loses business, has no PPP, yet wants to triple staff
Even though most of its big clients are closed, the company's owner believes demand will come back more than ever once the shutdown ends......»»
COVID-19 alert: Missouri’s first Alternate Care Facility ready for coronavirus patients
ST. LOUIS (April 14, 2020) – The design-build team of Tarlton Corp., a St. Louis-based general contracting and construction management firm, working for the U.S. Army Corps of Engineers, completed conversion April 11 of a Florissant, M.....»»
The New York Post: AMC theaters in talks to hire bankruptcy law firm Weil Gotshal amid coronavirus shutdown
AMC Entertainment, the largest movie theater chain in the U.S, is inching closer to a possible bankruptcy......»»
Tesla set to furlough workers and cut salaries
Tesla told employees on Tuesday the company will furlough all non-essential workers and implement salary cuts as part of a continued shutdown of the company's U.S. production facilties. Gloria Tso reports......»»
Rinka learning new strategies during COVID-19 shutdown that could help in the future
Milwaukee architecture firm Rinka was forced to upend its usual way of doing business because of COVID-19 but, after a few weeks under a new normal, its leaders said they’re learning new things that will foster growth in the future......»»