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Digital Realty...

Digital Realty to buy Alexandria VC firm founded by Warner

Digital Realty plans to acquire Alexandria venture capital firm Columbia Capital in a deal that could be worth up to $775 million.

GMU president’s...

GMU president’s contract extended through 2031

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Alisa Bearfield. Photo courtesy CGI Federal

CGI Federal promotes executive to president

CGI Federal names a new president as longtime executive Stephanie Mango moves to a global leadership role.

Industries

An offshore wind turbine. A boat sits in the background.

Virginia Beach renews offshore wind land option with Dominion

The Virginia Beach Development Authority approved a five-year option agreement that would allow Dominion to purchase 32 acres of land.

Real Estate

U.S. flags are illuminated on an event stage erected in Statuary Hall after U.S. President Donald Trump cancels a scheduled signing of a bipartisan legislation aimed at speeding up ​the construction and availability of more affordable housing, at the U.S. Capitol in Washington, D.C., U.S., June 24, 2026. REUTERS/Elizabeth Frantz

Trump cancels signing of bipartisan US housing bill

U.S. President Donald Trump canceled the signing of bipartisan legislation aimed at speeding up affordable housing construction amid national emergency claims.

Money

The Nasdaq logo is displayed on a screen at the Nasdaq Market site in Times Square in New York City, U.S., April 17, 2026. REUTERS/Brendan McDermid

Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook

Wall Street closed mixed with Nasdaq down on tech megacap losses despite strong chip sector gains from Micron and Qualcomm amid inflation concerns.

Government

Booz Allen Hamilton to relocate global HQ to Reston

Booz Allen to acquire Texas defense tech company for $720M

Booz Allen Hamilton plans to acquire Austin, Texas-based defense technology company Ultra I&C Mission Solutions for $720 million.

People

Jacco van Teeffelen. Photo courtesy The Omni Homestead Resort & Spa

Omni Homestead taps new managing director

Jacco van Teeffelen has been named managing director of Omni Homestead Resort & Spa in Hot Springs, succeeding Mark Spadoni.

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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

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[...]

see all events

Around The Nation

US announces $17.5B in conditional loans for nuclear power

SpaceX extends losses after $600B wipeout, tech stocks slide again

Oracle workforce shrinks by about 21,000 employees amid AI adoption

Oil falls 4% after US-Iran talks signal easing supply risks

SpaceX launches notes offering, discloses $100.8B cash balance

Alan Greenspan, longtime US Federal Reserve chairman, dies aged 100

Luigi Mangione plans ‘extreme emotional disturbance’ defense at CEO killing trial 

Apple to raise prices due to memory chip shortage, CEO tells WSJ

A new MacBook laptop is presented at Apple's annual Worldwide Developers Conference at the company's headquarters in Cupertino, California, U.S. June 5, 2023. REUTERS/Loren Elliott

Apple raises prices of MacBooks, iPads as memory costs skyrocket

Apple raised prices for MacBook and iPad models due to soaring memory and storage chip costs driven by AI datacenter demand.

Men work during the unloading of oil from trucks arriving from Iraq at the Baniyas oil terminal, in Baniyas, Syria, May 14, 2026. REUTERS/Mahmoud Hassano/File Photo

Oil falls to pre-war levels on rising Middle East supply

Oil prices fell to levels last seen before the Iran war as rising Middle East supply and resumed Strait of Hormuz flows ease market concerns.

Micron logo is seen in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration

Micron tops estimates, touts $22B in customer deals for memory chips

Micron forecasts quarterly profit and revenue above estimates and secures $22 billion in customer deals for memory chips amid ai-driven demand.

Newly constructed single family homes are shown for sale in Encinitas, California, U.S., July 31, 2019. REUTERS/Mike Blake/File Photo

US new single-family home sales post second straight monthly decline

Sales of new U.S. single-family homes fell again in May due to rising mortgage rates and prices, challenging hopes for a housing recovery.

Sunset clouds glow over pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 21, 2026. REUTERS/Pavel Mikheyev/File Photo

Oil prices steady as investors focus on Hormuz flows after peace talks

Oil prices remain steady as investors monitor crude flows through the Strait of Hormuz following progress in U.S.-Iran peace talks and easing sanctions.

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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

Tesla CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with U.S. President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. REUTERS/Evan Vucci//File Photo

One in a trillion: Musk’s milestone 

Elon Musk became history's first trillionaire following the successful SpaceX IPO, marking a new wealth milestone with significant economic impact.

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.

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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