On the 64-member panel, Cabinet secretaries will serve alongside members of the private sector from across the state, from Daphne Maxwell Reid, co-owner of New Millennium Studios in Petersburg; to Richard L. Sharp, former president of Circuit City and co-founder of CarMax Inc.; to Radford-based high-dollar donor Randall Kirk, senior managing director of Third Security.

Faneuil Inc. will hire at least 250 employees during the next three years for a call center it will open in August at The Clock Tower at Commonwealth Centre in Martinsville, state and local officials announced Wednesday.
The call center will serve customers of Dominion Virginia Power, a company that supplies electricity to other parts of …

Northrop Grumman Inc. is moving its headquarters to the Virginia suburbs of Washington, close to its main customer.
Virginia beat out Maryland and the District of Columbia to host the defense giant. Gov. Bob McDonnell confirmed the news last night and said in a statement that the move will create 300 jobs in Virginia.
“To gain the …

Federal stimulus funds are responsible for 66,000 jobs in Virginia through the first quarter, according to an analysis from the nation’s Council of Economic Advisers. The information follows a report released earlier this week by the CEA that credited the federal Recovery Act with creating or saving 2.5 million jobs nationwide during that same period.
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Maryland, Virginia and Pennsylvania recorded sizable gains in employment in March and were among 33 states posting increases.
In its monthly look at state job trends, the Labor Department said Friday that Maryland led the country with a gain of 35,800 payroll jobs last month. Virginia and Pennsylvania also posted increases that topped 20,000 in the …