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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.".....»»

Category: topSource: washpostJan 18th, 2019

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......»»

Category: topSource: reutersApr 6th, 2020

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......»»

Category: topSource: reutersApr 6th, 2020

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......»»

Category: topSource: bizjournalsApr 23rd, 2024

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......»»

Category: topSource: washpostMay 11th, 2021

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......»»

Category: topSource: bizjournalsApr 29th, 2021

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......»»

Category: topSource: bizjournalsApr 27th, 2021

Virginia Tech, Hitt Contracting scuttle Falls Church campus expansion

Both the school and Hitt made a "mutual decision" to shelve the overhaul......»»

Category: topSource: bizjournalsMar 2nd, 2021

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......»»

Category: topSource: foxnewsMar 1st, 2021

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......»»

Category: topSource: marketwatchFeb 3rd, 2021

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......»»

Category: topSource: bizjournalsFeb 2nd, 2021

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.....»»

Category: dealsSource: nytJan 2nd, 2021

Happy Valley medical office building sells to Virginia firm

The building covers nearly 39,000 square feet......»»

Category: topSource: bizjournalsDec 18th, 2020

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......»»

Category: topSource: bizjournalsMay 8th, 2020

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.....»»

Category: topSource: bizjournalsMay 8th, 2020

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.....»»

Category: topSource: businessinsiderMay 6th, 2020

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......»»

Category: topSource: bizjournalsApr 24th, 2020

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.....»»

Category: realestateSource: bdcnetworkApr 14th, 2020

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......»»

Category: topSource: marketwatchApr 11th, 2020

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......»»

Category: videoSource: reutersApr 8th, 2020

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......»»

Category: topSource: bizjournalsApr 5th, 2020