Spanberger, legislators come to marijuana retail compromise

Licensed recreational marijuana sales would start July 1, 2027, under compromise language entered into the Virginia House of Delegates' budget proposal.

Spanberger backs House budget, but data center tax fight divides Democrats

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ODU Board of Visitors extends Hemphill’s contract to 2032

Old Dominion University's Board of Visitors on Monday reaffirmed support for President Brian Hemphill, extending his contract through 2032.

Applied Atomics emerges from stealth, sets up U.S. presence in Fairfax

Applied Atomics emerged from stealth on Wednesday and announced plans to establish a U.S. presence in Fairfax County.

Amazon to build massive New Kent distribution center

Amazon plans a 1 million-square-foot distribution center in New Kent County, with construction starting this month.

Nasdaq and S&P 500 slip while Dow hits record high

The dow reached a record close while the nasdaq and s&p 500 fell due to technology stock declines amid investor caution ahead of the fed meeting.

Jefferson Lab breaks ground on $49M data center

Jefferson Lab broke ground on a 30,000-square-foot building on its Newport News campus that will house the High Performance Data Facility.

Commonwealth real estate firm selects longtime exec as new CEO

Glen Allen-based real estate company Commonwealth has appointed longtime executive Ken Strickler as its new CEO.

Rolley Davis Promoted to President of Sussex Development Corporation

Virginia Beach, VA — Sussex Development Corporation, a leading construction management firm headquartered in Virginia Beach, announced today the promotion of Rolley Davis from Vice President to President. As President, he will oversee company operations, strategic initiatives, and long-term growth, while continuing to foster the culture of integrity, commitment, collaboration, and excellence that has defined […]

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EVENTS

Virginia Top Projects & Real Estate Deals

July 28th, 2026 - 5:30 PM

Top Projects is an annual recognition program honoring the most outstanding building and construction projects completed across Virginia ove[...]

In-House Counsel Awards

September 17th, 2026 - 11:30 AM

Virginia Lawyers Weekly and Virginia Business recognize Virginia’s top in-house counsel, who, among other things, navigate complicated con[...]

Women In Leadership

October 6th, 2026 - 5:30 PM

The Women in Leadership Awards celebrate top women executives for their overall professional accomplishments, civic engagement, mentorship, [...]

Icons Honors

November 13th, 2026 - 11:30 AM

The Virginia Icons Awards recognize the lifetime achievements of Virginia leaders from business, government and higher education over the ag[...]

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Around The Nation

Fox strikes $22B deal for Roku to fuel streaming push

Democrats want to target companies that buy back their own stocks

SpaceX IPO makes Elon Musk the world’s first trillionaire

SpaceX trading to kick off after record IPO, with hopes for first-day surge

Oil drops as Trump cancels planned strikes against Iran

BlackRock seeks to buy at least $5B in SpaceX IPO shares, WSJ reports

OpenAI expects to go public ‘within the next year,’ the Information reports

Oil prices rise after Trump says Iran must pay price

SpaceX locks in $60 billion Cursor deal to power AI coding push

SpaceX is buying Anysphere, the maker of AI coding agent Cursor, for $60 billion in stock to expand its enterprise AI tools market presence.

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. REUTERS/Stringer

Global shippers cautious on Hormuz transit despite US-Iran deal

Global shippers remain cautious about resuming transit through the Strait of Hormuz despite the US-Iran framework deal to reopen the waterway.

A view of a Pizza Hut store, in London, Britain, December 30, 2024. REUTERS/Mina Kim/File Photo

Yum Brands to sell Pizza Hut for $2.7B after prolonged demand slump

Yum Brands is selling its Pizza Hut chain for $2.7 billion due to declining demand and competition, with parts sold to Yum China and LongRange Capital.

Microsoft sued by shareholders over expenses, cloud business, AI

Microsoft faces a shareholder lawsuit over alleged fraud related to slowing Azure growth and increased AI infrastructure spending, impacting its stock price.

Cyber leaders urge US to lift curbs on Anthropic’s security models

Cybersecurity leaders including Nvidia and Adobe urge the US to lift restrictions on Anthropic's AI models, citing national security and cybersecurity risks.

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Virginia’s economic competitiveness depends on civic infrastructure

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Could Virginia’s data center fight scare off other industries?

In 2024, following the unsuccessful effort to bring a sports arena to Alexandria, I wrote in Virginia Business that the Commonwealth would continue to find success recruiting investment and jobs because “the fundamentals of the commonwealth’s business case remain unbelievably strong and make us the envy of most other states.” That opinion was ultimately proven […]

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Bill Crutchfield, founder of Crutchfield Corp. in Charlottesville, shares how unconventional thinking drove his company's success.

The People Paradox: Why ‘Soft’ Skills Deliver the Hardest Numbers

Are your best people leaving over money — or this?

COVID did something to us that a decade of wellness programs never could. It forced us to look directly at our own mortality and ask with unusual honesty, is this how I want to spend my time? That question did not stay at the dinner table. It followed people into their offices, their Zoom calls […]

Maritime and logistics can lift the commonwealth

Virginia Maritime Association's executive director on state's maritime industry

No one’s indispensable — and that’s a good thing

Cross-training is a key strategy used by 68% of Virginia’s 2026 Best Places to Work to ensure operational continuity and employee engagement.

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Spanberger, legislators come to marijuana retail compromise

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Around The Nation

SpaceX locks in $60 billion Cursor deal to power AI coding push

Global shippers cautious on Hormuz transit despite US-Iran deal

Yum Brands to sell Pizza Hut for $2.7B after prolonged demand slump

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