Kate Andrews

6 days ago | virginiabusiness.com | Kate Andrews

Arlington County real estate data firm CoStar Group announced Friday it has signed a deal to acquire Domain, an Australian property listings platform, for 3 billion in Australian dollars, or $1.9 billion in U.S. dollars. CoStar owns a 16.9% stake in Domain, which it purchased in February. Domain is currently valued at approximately $1.7 billion, and under the terms of the contract, CoStar has agreed to pay Domain shareholders AU$4.43 per share, or $2.85 in American money.

1 week ago | virginiabusiness.com | Kate Andrews

SUMMARY:University of Virginia administration received May 30 extension to respond to U.S. Department of Justice. Previous deadline was May 2, less than one week after April 28 letter was sent, requiring U.Va. provide proof it is dissolving and dismantling DEI departments and operations. DOJ’s Civil Rights Division says it has received complaints U.Va. administrators may not be following Board of Visitors’ dictate to dissolve DEI offices.

2 weeks ago | virginiabusiness.com | Jeff Stein |Mary Baldwin |Kate Andrews

SUMMARY: Mary Baldwin University president says in op-ed that mentorship, interning and career direction for students should start at beginning of college, not just the end Students should connect with faculty mentors, build workforce skills and explore career paths beginning in first semester Expectations of students and families have shifted, and universities must respond Higher education must also be available to all, not just those with social capital “What if college started working for...

2 weeks ago | virginiabusiness.com | Kate Andrews

Huntington Ingalls and General Dynamics have been awarded Navy contract modifications worth up to a possible $18.4 billion to build two Virginia-class submarines, the Department of Defense announced Wednesday. Reston-based General Dynamic’s Connecticut subsidiary Electric Boat is being awarded $12.4 billion for the construction of the nuclear-powered vessels and investment to improve productivity and workforce support, with options to increase it to a total of $17.1 billion.

2 weeks ago | virginiabusiness.com | Kate Andrews

SummaryIn the lead honors 28 majority women-owned Virginia businessesWinners span industries like tech, manufacturing, and racing. Businesses have at least four employees and four years of operation. Leaders share insights on capital challenges and career pivots. In this feature, Virginia Business recognizes a stellar group of 28 majority women-owned, women-run businesses that employ at least four full-time employees and have been in business for at least four years.