Richmond-based Atlantic Union Bank is one step closer to completing its $1.6 billion purchase of Maryland’s Sandy Spring Bank. The Federal Reserve Bank of Richmond, acting on delegated authority from the Board of Governors of the Federal Reserve System, has approved the merger, the parent companies of the two banks announced Tuesday. Atlantic Union and […]

Amentum Services has won a $447.9 million Air Forces Central Command contract, the Chantilly-based federal contractor announced Thursday. Under the Air Forces Central Command Global Prepositioned Materiel Services contract, Amentum will provide and update prepositioned storage and maintenance solutions for the Ninth Air Force. “This win demonstrates our expertise in delivering smart asset management solutions […]

Two ambitious Roanoke mixed-use readaptation projects are one step closer to rezoning under the city’s new “urban center” designation, which aims to create more pedestrian-friendly development. Developer Ed Walker’s Riverdale, a 126-acre multiuse project proposed on the site of Roanoke’s former American Viscose rayon plant, and another Roanoke-area developer’s “north of $40 million” mixed-use project, […]

From stitching up childhood scrapes to guiding us through life’s most challenging diagnoses, doctors are the backbone of our health and well-being. Few decisions carry as much weight as choosing the right physician, whose expertise and compassion can shape the trajectory of our lives. And with four major medical schools statewide, Virginia is home to […]

The economic forecast for 2025 is sunny, with a high chance of business optimism, according to Federal Reserve Bank of Richmond President and CEO Tom Barkin, who spoke Thursday during the virtual 2025 Financial Forecast held by the Virginia Bankers Association and the Virginia Chamber of Commerce. “I went back this morning and looked at […]

Pharrell Williams’ Something in the Water festival got a bit of a break Tuesday from Virginia Beach City Council members, who agreed to give the Virginia Beach-born music and fashion maven more time to fulfill an overdue part of the festival’s contract with the city. City Council voted 8-2 Tuesday to indefinitely defer an earlier […]