The new case, filed in federal court in California, alleges that former executives and current board members benefited from the Roanoke-based company’s accounting discrepancies.
Economy
This neighborhood shows the challenges of bringing broadband to all Virginians
A small neighborhood in Roanoke County features many of the logistical problems associated with statewide broadband deployment, including river and railroad crossings.
Custom building manufacturer will invest $5 million, add 50 jobs in Scott County expansion
The expansion will help VFP better serve the growing data center market.
Virginia deems two-thirds of recently funded broadband expansion projects behind schedule
Logistical delays and difficult terrain have stalled multiple deployment projects, all of which are under a federal deadline for completion. A $30 million pot of state money might help speed things along.
RAMP selects 4 businesses for fall 2024 accelerator
The group of four new businesses includes three with an AI focus.
With Mountain Valley Pipeline gas flowing, Roanoke-based utility eyes expansion
Businesses and local officials say the new source of natural gas creates an opportunity for economic growth and another energy option for some residents. Pipeline critics maintain they still have concerns about the controversial project.
Fabric manufacturer to open South Hill plant
The company will invest $16.6 million and create 52 new jobs in the Mecklenburg County town, the governor’s office said.
Project providing clean manufacturing space comes to Roanoke
A pilot project for life sciences and biotechnology production comes in part from a $100,000 grant from GO Virginia.
Game Changer Week begins at Virginia Tech Corporate Research Center
The annual four-day event, which starts Tuesday, centers on learning and networking for technology professionals.
Appalachian Power lowers rate hike request as customers criticize increases
If the State Corporation Commission approves Appalachian’s request, the average residential customer’s monthly bill would rise by about $6.75, on top of approximately $50 in increases over the past two years.
