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TowneBank completes acquisition of Franklin Financial
TowneBank announced Monday that, on close of business Friday Jan. 2, it completed its acquisition of Richmond-based Franklin Financial Corp., the parent company of Franklin Federal Savings Bank. All...
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Prudential Towne Realty to join Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServices, Warren Buffet’s two-year-old real estate franchise brand, announced that Prudential Towne Realty will join the network operating as Berkshire Hathaway HomeServices...
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McDonnell gets two years in prison
Family members and friends wept softly as former Virginia Gov. Bob McDonnell told the judge at his sentencing hearing that he couldn't "fathom any deeper humiliation" for taking bribes from a wealthy...
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Admirals are not going anywhere ... yet
The Virginian-Pilot, citing undisclosed sources, reported the American Hockey League franchise was being sold and relocated to the West Coast next season.By Butch Maierbutch.maier@insidebiz.com Are...
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Gosnell to leave Hampton Roads Economic Development Alliance
The Hampton Roads Economic Development Alliance announced Wednesday that Darryl Gosnell, president and chief executive officer of the alliance since 2008, will be leaving to pursuit new opportunities...
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Downtown Norfolk CPA firms merge
The new year marked a new chapter for the CPAs of Craver, Green & Co. after they joined forces with locally owned CPA firm, McPhillips, Roberts & Deans PLC. By Virginia...
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Direct mail and printing firms AmeriComm and Teagle & Little merge
AmeriComm LLC and Teagle & Little have merged to create Centric Communications LLC. By Butch Maierbutch.maier@insidebiz.com AmeriComm LLC and Teagle & Little have merged to create Centric...
View ArticlePOSTPONED: Military2Maritime Career Fair on Feb. 17
The Norfolk Military2Maritime Career Fair scheduled for Tuesday February 17, 2015 at the Nauticus Half Moone Cruise Center in Norfolk, Va. has been postponed. An event listed on the Inside Business...
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Squires to replace Moorman as new CEO at Norfolk Southern
Norfolk Southern Corp. announced that James A. Squires will succeed Wick Moorman as CEO of the Norfolk-based railroad company on June 1. By Virginia Lascaravirginia.lascara@insidebiz.com Norfolk...
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Virginia Beach mayor says construction will begin on arena this fall
At his annual address, Will Sessoms was feeling happy enough about the state of the city to dance and propose pay raises for all city employees. By Butch Maierbutch.maier@insidebiz.comAt his annual...
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Virginia Beach planning commissioners support proposed road to Norfolk...
The planning commissioners voted 9-1 to pass a resolution. By Butch Maierbutch.maier@insidebiz.comThe road to a Norfolk mall could be going through Virginia Beach after all.Virginia Beach planning...
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Butch Maier named editor of Inside Business
Butch Maier, a reporter for Inside Business with 22 years of journalism experience, was named editor of Inside Business on Wednesday. Staff reportButch Maier, a reporter for Inside Business with 22...
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McAuliffe announces Virginia receives wind energy research lease
Gov. Terry McAuliffe announced Tuesday that Virginia is the first state in the nation to receive a wind energy research lease in federal waters from the U.S. Bureau of Ocean Energy Management. By Nate...
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Priority Automotive has agreement to purchase Toyota/Scion of Springfield
Chesapeake-based company acquires its 18th dealership. Staff reportIt's another capital gain for Chesapeake-based Priority Automotive.Priority has signed an agreement to acquire Toyota/Scion of...
View ArticleBeach-based company acquires two firms
Virginia Beach-based Fortis Solutions Group on Friday announced the acquisition of Kopco Graphics and Color Craft Label. By Nate Delesline IIInate.delesline@insidebiz.com Virginia Beach-based Fortis...
View ArticleCapital One hires new Mid-Atlantic senior vice president to middle market...
Capital One announced that Hampton Roads resident Shelby L. Davis joined its Middle Market banking team as senior vice president and relationship manager. Staff report Capital One announced that...
View ArticleChesapeake concrete plant to close its doors
Bayshore Concrete Products Corp. will close its Chesapeake plant, affecting 81 workers.Staff report Bayshore Concrete Products Corp. will close its Chesapeake plant, affecting 81 workers.The plant,...
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The Gallery at Military Circle is headed for auction
This week, Torchlight Investors, a company that took charge of Military Circle’s loan in 2013, moved to foreclose on the Norfolk mall, which is owned by New York-based Thor Equities. Thor has a $52.3...
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EVMS scientist and father of U.S. in vitro fertilization dies at age 104
Howard Jones, father of the first U.S. in vitro fertilization and founder of the Jones Institute for Reproductive Medicine at EVMS, has died at the age of 104. By Virginia Lascara...
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Sentara CEO David Bernd set to retire early next year
Norfolk-based Sentara Healthcare announced that the company's CEO, David L. Bernd, will retire on March 3, 2016. By Virginia Lascaravirginia.lascara@insidebiz.com Norfolk-based Sentara Healthcare...
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