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Home>Katherine Schulte

Katherine Schulte

Recent Articles from Katherine Schulte

AstraZeneca CEO Pascal Soriot and then-Gov. Glenn Youngkin announced the company’s planned $4.5 billion plants in October 2025. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin
Economic Development March 2, 2026

Preparation, pandemic helped Virginia land Big Pharma deals

Virginia attracted $12 billion in pharmaceutical manufacturing investments in 2025, leveraging site readiness, workforce training, and strong infrastructure.

In December 2025, Gov. Glenn Youngkin and LS Cable & System CEO Bon-kyu Koo announced LS Cable’s plans for a second major manufacturing campus in Chesapeake. Photo courtesy Hampton Roads Alliance
Economic Development March 1, 2026

LS Cable’s $689M Chesapeake campus doubles investment

LS Cable will invest $689 million in a new manufacturing campus in Chesapeake, creating 430 jobs and doubling its total investment in the region by 2027.

Dr. Reid Adams. Photo courtesy UVA Health.
Healthcare February 24, 2026

UVA Health promotes inaugural chief medical officer

UVA Health is promoting Dr. Reid Adams to be the health system's inaugural chief medical officer, effective March 1.

Photo courtesy CarMax
Central Virginia January 14, 2026

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees, including 113 in the Richmond area.

Michael "Mike" Lenox. Photo by Matt Riley, courtesy University of Virginia
Education January 2, 2026

U.Va. Darden names interim dean

Mike Lenox is serving as interim dean of the University of Virginia’s Darden School of Business as the former dean assumes the university presidency.

After the pandemic, health systems adopted new supply chain strategies like building emergency stockpiles, says Adam Momper, UVA Health’s supply chain administrator.
Healthcare December 31, 2025

Health care systems navigate supply chain disruptions

Virginia health systems adjusted practices and sourcing as IV fluid shortages, tariffs and global disruptions strained supply chains.

On Jan. 15, 2022, Republican Glenn Youngkin was sworn in as Virginia’s 74th governor on the steps of the state Capitol. Photo courtesy governor’s office.
Cover Story December 31, 2025

Youngkin’s term as governor marked by economic wins, political division

Gov. Glenn Youngkin leaves office after four divisive years marked by economic wins, veto power and political losses as Virginia turns to Abigail Spanberger.

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin
Southwest Virginia December 31, 2025

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to Washington County. Gov. Glenn Youngkin, Ardent Development Group owner Jerome Malinay and others attended an Oct. 21, 2025, groundbreaking for the roughly 325-home Sunny Valley subdivision. “Housing’s very much needed … to facilitate and promote the future job growth, the […]

Chesapeake Regional Medical Center. Photo courtesy Chesapeake Regional Healthcare
Top Stories December 30, 2025

500+ ex-patients sue Chesapeake Regional, alleging negligence, unnecessary surgeries

Over 500 plaintiffs are suing Chesapeake Regional Medical Center, its current CEO and two former CEOs for negligence, seeking $10 million each.

Buc-ee’s could open first Va. store in New Kent
Central Virginia December 29, 2025

Buc-ee’s delays second Virginia location by four years

Buc-ee’s has pushed the expected opening of its New Kent County travel center from 2027 to December 2031.

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Top Stories

Wealth advisers reveal ways to avoid bumps

DOE awards $1.8B contract to LLC to manage Jefferson Lab

The U.S. Department of Energy has awarded a new contract to operate the Thomas Jefferson National Ac[...]

A street view of Met Park. Photo courtesy Amazon.com

Amazon’s HQ2 hiring stalled in 2025

Amazon added no jobs at its Arlington headquarters last year that qualified for Virginia’s workfor[...]

16th Annual Best Places to Work in Virginia

16th Annual Best Places to Work in Virginia

For the 16th year, Virginia Business is pleased to present the Best Places to Work in Virginia list,[...]

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CoStar amends lawsuit against Zillow, alleging further copyright violations

CoStar Group last week filed an amended complaint against Zillow, alleging that the company continue[...]

A photo of a Leidos sign and a glass covered building.

Leidos completes $2.4B acquisition of design firm

Leidos announced that it has completed its $2.4 billion acquisition to buy utilities infrastructure [...]

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BAE Systems to lay off 119 employees in Vienna

BAE Systems is laying off 119 employees in Vienna after the company said its contract with the FBI w[...]

People

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Richmond Region Tourism names inaugural chief growth officer

2/4/2026

Norfolk-based Colonna’s Shipyard has appointed Brian Waterfield to be its new chief financial officer.

Colonna’s Shipyard hires new CFO

30/3/2026

Josephus Allmond. Photo courtesy Virginia Office of the Governor.

Spanberger appoints inaugural chief energy officer

25/3/2026

Regions

U.Va. Wise’s SMR control room simulator will aid workforce development, says Chancellor Donna P. Henry. Photo courtesy University of Virginia’s College at Wise

U.Va. Wise installs SMR control room simulator

U.Va. Wise installed a NuScale SMR control room simulator funded by a Virginia Clean Energy grant to[...]

In January, Petersburg became Virginia’s fifth city with a casino. Photo by Jay Paul

Petersburg rolls out temporary Live! Casino

Petersburg launched a temporary Live! Casino featuring 900 slot machines and 30 table games while th[...]

A casino could be in the cards for Winchester. Rendering courtesy Winchester Economic Development Authority

Winchester Council greenlights casino study

Winchester City Council approved a feasibility study for a casino and entertainment complex, with a [...]

Norfolk International Airport officials and regional elected leaders celebrated the opening of the international arrivals facility. Photo by Josh Janney

Norfolk airport undergoes $1B modernization

As passenger numbers at Norfolk International Airport grow past pre-pandemic levels, the airport is [...]


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