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Home>Katherine Schulte

Katherine Schulte

Recent Articles from Katherine Schulte

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.

David Boyle. Photo courtesy Burke & Herbert Bank & Trust Co.
Money December 19, 2025

Burke & Herbert to acquire Pa. bank in $354M deal

Alexandria’s Burke & Herbert Financial Services anticipates acquiring Linkbancorp in an all-stock transaction worth about $354.2 million.

Depositphotos
Real Estate December 18, 2025

Developer proposes Henrico industrial park after resistance to data centers

After resistance to a data center campus in Henrico County, a developer appears to be pivoting to an industrial park proposal.

Disney to build its 7th theme park, this one in the United Arab Emirates
Federal Contracting December 18, 2025

Booz Allen CFO leaving in February

Booz Allen Hamilton Chief Financial Officer Matthew Calderone is leaving the Fortune 500 government contractor for a role at S&P Global.

Gov. Glenn Youngkin announced LS Cable & System's plans for additional facilities in Chesapeake at the Patrick Henry Building in Richmond on Dec. 12, 2025. Photo by Katherine Schulte/Virginia Business.
Top Stories December 12, 2025

LS Cable to add $689M factory in Chesapeake, creating 430 jobs

LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilities and bringing its expected job creation to 760.

Tara Murphy Dougherty is CEO of Govini, an Arlington defense contractor that received a $150 million investment from Bain Capital in October. Photo courtesy Govini
Start Virginia November 30, 2025

Arlington defense tech firm reaches unicorn status

Govini, an Arlington County defense tech contractor, has joined the unicorn ranks with a $1.25 billion valuation.

Temporary Petersburg casino to open in January
Hotels/Tourism November 24, 2025

Petersburg casino announces opening date for temporary facility

The temporary Live! Casino Virginia in Petersburg will open Jan. 22, 2026, pending regulatory approval.

Server room interior in datacenter. Depositphotos
Central Virginia November 20, 2025

Data center developer to build $3B campus in Caroline

CleanArc Data Centers is building a $3 billion data center campus in Caroline County, Gov. Glenn Youngkin announced Thursday.

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Northern Virginia November 19, 2025

Reston fintech startup closes $400M financing round

Quantum Lending Solutions has closed a $400 million financing round, the Reston-based financial tech startup announced Tuesday.

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Top Stories

A Lumber Liquidators truck. The flooring retailer is in the final stages of relocating its headquarters and distribution operations from the Richmond region to Tennessee. Photo courtesy Lumber Liquidators

Lumber Liquidators moving HQ, warehousing out of Virginia

Lumber Liquidators is relocating its headquarters and distribution operations from Henrico County to[...]

VCU Health Tappahannock Hospital. Photo courtesy VCU Health.

Medicaid cuts put 10 Virginia hospitals at risk, report says

Medicaid cuts from H.R. 1 put 10 Virginia hospitals at risk of closure or service reduction, impacti[...]

AdobeStock

Martinsville bank sells Justice family’s overdue loans to Omni Hotels entity

Carter Bankshares sold $209.48 million in past-due loans tied to the Justice family to a subsidiary [...]

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,[...]

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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