Virginia Business Headlines for June
Richmond businesses suffer looting, vandalism during protestshttps://www.virginiabusiness.com/article/picking-up-the-pieces/
Microsoft to invest $64M in Fairfax County expansion, create 1,500 jobs
https://www.virginiabusiness.com/article/microsoft-to-invest-64m-in-fairfax-county-expansion-create-1500-jobs/
Dinwiddie company wins $107M I-95 contract
https://www.virginiabusiness.com/article/dinwiddie-ccompany-wins-107m-i-95-contract/
New Richmond-based pharma startup with $350M in funding eyes facility in Petersburg
https://richmondbizsense.com/2020/05/20/new-richmond-based-pharma-startup-with-350m-in-funding-eyes-facility-in-petersburg/?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=bdeb326aec-EMAIL_CAMPAIGN_2020_05_20_01_04&utm_medium=email&utm_term=0_00e3179567-bdeb326aec-148454077
Google wins seven-figure DoD contract
https://www.virginiabusiness.com/article/google-wins-dod-contract/
Booz Allen wins $800M AI defense contract
https://www.virginiabusiness.com/article/booz-allen-wins-800m-federal-contract/
Trump administration chooses RVA pharma startup for $354M COVID-19 contract
https://www.virginiabusiness.com/article/trump-administration-chooses-rva-pharma-startup-for-354m-covid-19-contract/
One-third of small businesses not operating during pandemic
https://www.virginiabusiness.com/article/one-third-of-small-businesses-not-operating-during-pandemic/
It may take years for economy to recover, construction economist says
https://www.virginiabusiness.com/article/it-may-take-years-for-economy-to-recover-construction-economist-says/
Nearly $12.7 billion in coronavirus relief loans have been approved for Virginia small businesses
https://www.richmond.com/business/nearly-12-7-billion-in-coronavirus-relief-loans-have-been-approved-for-virginia-small-businesses/article_2640aff3-f445-550f-b7c5-840a446a6aae.html?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=9e8854c793-EMAIL_CAMPAIGN_2020_05_07_02_15&utm_medium=email&utm_term=0_00e3179567-9e8854c793-148454077
What does ‘reopening’ actually mean?
https://www.virginiabusiness.com/article/what-does-reopening-actually-mean/
McLean satellite operator Intelsat files for bankruptcy
https://www.virginiabusiness.com/article/mclean-satellite-operator-intelsat-files-for-bankruptcy/
Excella wins $20B federal contract for IT services
https://www.virginiabusiness.com/article/excella-wins-20b-federal-contract/
Richmond pharmaceutical company expands into Canada
https://www.virginiabusiness.com/article/richmond-pharmaceutical-company-expands-into-canada/
Plastics company plans 200 jobs, $34M investment in Pittsylvania
https://www.virginiabusiness.com/article/plastics-company-plans-200-jobs-34m-investment-in-pittsylvania/
Richmond-based Sauer Brands buys the maker of Kernel Season's popcorn seasonings
https://www.richmond.com/business/richmond-based-sauer-brands-buys-the-maker-of-kernel-seasons-popcorn-seasonings/article_a5c2d14f-7909-5655-bb70-fa8a220efe54.html?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=bc459fe138-EMAIL_CAMPAIGN_2020_05_06_01_06&utm_medium=email&utm_term=0_00e3179567-bc459fe138-148454077
J. Crew takes cover in Richmond bankruptcy court
https://richmondbizsense.com/2020/05/05/j-crew-takes-cover-in-richmond-bankruptcy-court/?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=52da0e03dc-EMAIL_CAMPAIGN_2020_05_05_01_08&utm_medium=email&utm_term=0_00e3179567-52da0e03dc-148454077
Reston-based Leidos acquires L3Harris businesses for $1B
https://www.virginiabusiness.com/article/reston-based-leidos-acquires-l3harris-businesses-for-1b/
Three Norwegian cruise ships are docked in Portsmouth through June, but they have no passengers
https://www.pilotonline.com/news/vp-nw-norwegian-cruise-ships-20200504-uluoakfomjczziyteuks2nu64y-story.html?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=52da0e03dc-EMAIL_CAMPAIGN_2020_05_05_01_08&utm_medium=email&utm_term=0_00e3179567-52da0e03dc-148454077
Medical cannabis operator readies Manchester facility, eyes five dispensary sites in region
https://richmondbizsense.com/2020/05/01/medical-cannabis-operator-readies-manchester-facility-eyes-five-more-sites-in-region/?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=060ca7462b-EMAIL_CAMPAIGN_2020_05_01_01_53&utm_medium=email&utm_term=0_00e3179567-060ca7462b-148454077
New Richmond pharma startup aims to shore up U.S. generic drug supply
https://richmondbizsense.com/2020/05/01/new-richmond-pharma-startup-aims-to-shore-up-u-s-generic-drug-supply/?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=060ca7462b-EMAIL_CAMPAIGN_2020_05_01_01_53&utm_medium=email&utm_term=0_00e3179567-060ca7462b-148454077
Henrico printing plant closing, laying off 184 workers
https://www.virginiabusiness.com/article/henrico-printing-plant-closing-laying-off-184-workers/
Virginia Economy, Government & Education Headlines for May
402K+ Virginians still unemployed, although initial claims fallhttps://www.virginiabusiness.com/article/2-1m-americans-filed-jobless-claims-last-week/
Regulators warn utility disconnection moratorium ‘is not sustainable’
https://www.virginiamercury.com/2020/05/28/regulators-warn-utility-disconnection-moratorium-is-not-sustainable/?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=273e222067-EMAIL_CAMPAIGN_2020_05_28_01_43_COPY_01&utm_medium=email&utm_term=0_00e3179567-273e222067-148454077
University of Virginia plans to bring students back in late August
https://www.richmond.com/news/virginia/university-of-virginia-plans-to-bring-students-back-in-late-august/article_c3b6b96d-cbad-5cf7-b3c6-c60dc231da1d.html?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=273e222067-EMAIL_CAMPAIGN_2020_05_28_01_43_COPY_01&utm_medium=email&utm_term=0_00e3179567-273e222067-148454077
Governor denies Richmond mayor’s request for “modified” reopening
https://www.virginiabusiness.com/article/governor-denies-richmond-mayors-request-for-modified-reopening/
Northam signs $135B two-year state budget
https://www.virginiabusiness.com/article/northam-signs-135b-two-year-state-budget/
$2.2 billion in federal funding headed to state agencies
https://www.virginiabusiness.com/article/federal-funding-headed-to-state-agencies-governor-says/
Ahead of reopening, some businesses ask: Who shaped the Phase One guidelines?
https://www.richmond.com/special-report/coronavirus/some-virginia-businesses-ask-who-shaped-the-phase-one-guidelines/article_39a147c9-f343-5ef3-9dd3-1276ae9f33c8.html?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=87593e3d8e-EMAIL_CAMPAIGN_2020_05_14_01_12&utm_medium=email&utm_term=0_00e3179567-87593e3d8e-148454077
Virginia to send $650 million in U.S. aid to local governments, makes testing priority for state's share
https://www.richmond.com/news/virginia/watch-now-virginia-to-send-650-million-in-u-s-aid-to-local-governments-makes/article_f6387502-7a94-5b58-bbfd-f4a92daf6f35.html?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=010d5aca50-EMAIL_CAMPAIGN_2020_05_12_01_21&utm_medium=email&utm_term=0_00e3179567-010d5aca50-148454077
State tax collection revenue fell 26.2% in April
https://www.virginiabusiness.com/article/state-tax-collection-revenue-fell-26-2-in-april/
D.C./Va./Md. COVID-19 task force forms for economic strategy
https://www.virginiabusiness.com/article/d-c-va-md-covid-19-task-force-forms-for-economic-strategy/
Reopening: Too early, or not soon enough?
https://www.virginiabusiness.com/article/too-early-or-not-soon-enough/
Localities can tighten restrictions after businesses reopen, Northam says
https://www.virginiabusiness.com/article/localities-can-place-further-restrictions-when-businesses-reopen-statewide-northam-says/
Fall forward: College reopening decisions
https://www.roanoke.com/news/education/fall-forward-college-reopening-decisions/article_091c5794-4656-567a-8ed2-06c9187f805d.html?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=e566d3aefa-EMAIL_CAMPAIGN_2020_05_11_01_21&utm_medium=email&utm_term=0_00e3179567-e566d3aefa-148454077
Chamber, county seek to ‘relaunch’ economy
https://www.chesterfieldobserver.com/articles/chamber-county-seek-to-relaunch-economy/?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=bc459fe138-EMAIL_CAMPAIGN_2020_05_06_01_06&utm_medium=email&utm_term=0_00e3179567-bc459fe138-148454077
ODU plans to reopen the university for 2020 fall semester
https://www.wavy.com/news/local-news/norfolk/colleges-universities-reopen/?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=060ca7462b-EMAIL_CAMPAIGN_2020_05_01_01_53&utm_medium=email&utm_term=0_00e3179567-060ca7462b-148454077
News Headline Sources: Virginia Business, Virginia Mercury, Chesterfield Observer, Richmond BizSense, Richmond.com, PilotonLine.com, Ronoak.com, Wavy.com