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Virginia medical marijuana market consolidates

Virginia’s medical marijuana market consolidates as Arboretum Virginia is now assigned two of Virginia's five health service areas.

Virginia Chamber...

Virginia Chamber of Commerce taps new leader

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Virginia Tech's Lane Stadium. Photo by Jack Morgan for Virginia Tech

Virginia Tech receives record $75M anonymous donation

Virginia Tech announced Thursday that it received a $75 million anonymous donation, the Blacksburg university's largest commitment ever.

Industries

U.Va. alumni Kathleen and David LaCross. Photo courtesy University of Virginia

U.Va. gifted $43.4M for early childhood learning center

U.Va. receives a $43.4 million gift from Kathleen and David LaCross to build an early childhood learning center in Charlottesville.

Real Estate

Photo: Depositphotos.com

Spatial Front to relocate HQ to Arlington, creating 450 jobs

Spatial Front will soon relocate its corporate headquarters from Bethesda to Crystal City in Arlington County, creating 450 jobs in Virginia.

Money

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 3, 2026. REUTERS/Brendan McDermid

Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears

Wall Street closed sharply lower as chip stocks plunged following a strong May jobs report that raised fears of a Federal Reserve rate hike.

Government

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Virginia Beach City Council voices support for citywide ban on large data centers

Virginia Beach City Council unanimously agreed to direct staff to draft an ordinance prohibiting large-scale data centers within city limits.

People

Gary Daynes. Photo courtesy Mary Baldwin University

Mary Baldwin University announces interim president

Mary Baldwin University appointed Gary Daynes as interim president and chief transformation officer amid a turbulent year.

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BTM Business Connect

Rolley Davis, President of Sussex Development Corporation.

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 […]

Movers & Shakers

EVENTS

Forty Under 40

Details coming soon!

Forty Under 40 recognizes up and coming business professionals — Under the age of 40 — based on their professional accomplishments, comm[...]

Best Places to Work in Virginia

Details coming soon!

Best Places to Work in Virginia is a research-driven program from Best Companies Group that examines your company’s practices, programs an[...]

Women In Leadership

Details coming soon!

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

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[...]

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Around The Nation

US weekly jobless claims increase to four-month high; worker productivity revised down

US private payrolls rise broadly in May

SpaceX will disrupt $1.6T US communications industry, Oppenheimer says

US states sue Trump administration and TotalEnergies over offshore wind cancellation

US job openings jump to near two-year high in April

Trump administration proposes 25% tariff to punish Brazil over trade practices

Anthropic moves toward IPO, stepping up race with OpenAI

US crude exports hit record high in May as Iran war tightens global oil supplies

The SpaceX logo is seen in this illustration taken June 5, 2026. REUTERS/Dado Ruvic/Illustration

SpaceX lands Google AI compute deal after Anthropic pact ahead of IPO

SpaceX has signed a multi-year $920 million cloud services deal with Google to provide AI compute capacity as it prepares for its IPO.

FILE PHOTO: Anthropic logo is seen in this illustration taken March 1, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

Anthropic urges AI labs to pause development, warns humans risk losing control

Anthropic calls for a coordinated pause in AI development to manage risks of recursive self-improvement and loss of human control.

A view shows a pressure gauge near oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer

Oil prices fall on mounting hopes for de-escalation in US-Iran War

Oil prices fell as traders gained confidence that renewed conflict between the U.S. and Iran was less likely amid ongoing peace talks and regional tensions.

Workers transport and organise mounds of coal on a hilltop near an Arch Coal facility in Beckley, West Virginia, U.S., April 11, 2025. REUTERS/Adrees Latif/File Photo

Trump unveils $700M coal support plan using emergency powers

President Donald Trump uses the Defense Production Act to allocate nearly $700 million for U.S. coal plant upgrades and export terminal construction.

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

SpaceX sets a $135 share price for its initial public offering, aiming to raise $75 billion and value the company at $1.75 trillion in NEW YORK.

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Opinion

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

The choice we’re making about AI

Virginia’s economic competitiveness depends on civic infrastructure

Making the business case for InternshipsVA

Millennials burn out while holding it all together

Bridging the workplace soft-skills gap across generations

Why Virginia’s one-term limit for governors deserves a second look

The December question every leader should anticipate

Economic Development 2025: BELCHER, JONATHAN S.

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 […]

WILLIAM G. ‘BILL’ CRUTCHFIELD JR.

Commentary: Entrepreneurs, think creatively

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

A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. Stocks pushed further into record territory on Wednesday, driving the S&P 500 to an all-time high close for a fifth day, helped by strength in financials and technology. REUTERS/Lucas Jackson (UNITED STATES - Tags: BUSINESS)

U.S. equity fund inflows ease to a six-week low

U.S. equity fund inflows dropped to a six-week low as investors reacted to crude oil price surges and Federal Reserve policy uncertainty.

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

Maritime and logistics can lift the commonwealth

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

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