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Virginia lawmakers outline new retail marijuana plans

Lawmakers who in coming months will contribute to shaping the bills that launch Virginia’s long-awaited retail marijuana market unveiled some plans Tuesday. Members of the Joint Commission to Oversee the Transition of the Commonwealth into a Cannabis Retail Market discussed at a meeting in Richmond proposed legislative amendments they will suggest making to the 2025 […]

2025 Virginia...

2025 Virginia Business Person of the Year: John Asbury | Atlantic Union Bank

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Trucking company to close Harrisonburg site, laying off 70

10 Roads Express will shut down its Harrisonburg facility early next year, leaving 70 local workers without jobs.

Industries

HII investing $28M for Hampton manufacturing facility

HII investing $28M for Hampton manufacturing facility

Newport News-based Fortune 500 contractor Huntington Ingalls Industries is investing $28 million to create an aircraft carrier and submarine manufacturing plant in Hampton, the city's mayor said Wednesday.

Real Estate

David DeSantis is now CEO of TTR Sotheby’s International Realty. Photo courtesy TTR Sotheby's

TTR Sotheby’s reshapes executive team

TTR Sotheby’s International Realty names a new CEO and president and COO as longtime leader Mark Lowham becomes chairman.

Money

Trader John Romolo works on the floor of the New York Stock Exchange, Tuesday, Dec. 2, 2025. (AP Photo/Richard Drew)

Wall Street pulls near its all-time high

U.S. stocks climbed as mixed economic data boosted hopes for a Fed rate cut, pushing the S&P 500 near its record high and easing Treasury yields.

Government

Sen. Mark Warner, D-Va., the top Democrat on the Senate Intelligence Committee, speaks about the Trump administration following reports that only Republican lawmakers received security briefings on the Trump-ordered military strikes against boats in the Caribbean, during a news conference at the Capitol in Washington, Thursday, Oct. 30, 2025. (AP Photo/J. Scott Applewhite, File)

Warner launches bid for Senate reelection

Democratic U.S. Sen. Mark Warner announced his bid for reelection on Tuesday, launching what will be a key campaign in a narrowly divided Senate.

People

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CBRE taps new leader for Richmond, Norfolk

Global real estate services and investment firm CBRE has promoted Sarah Cooley to managing director and market leader for southern Virginia.

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BTM Business Connect

Unanet Achieves FedRAMP Ready Status

Unanet Introduces Champ AI™: The Natural‑Language Copilot for GovCon and AEC Firms

Unanet, the leader in AI-first ERP and growth software for project-based businesses, today announced Champ AI™, the natural-language copilot for GovCon and AEC firms. Built as a multi-agent intelligence platform, Champ AI™ helps organizations unify and access data across their systems, automate multi-step tasks, and receive role-aware guidance in the flow of work. A nod […]

Movers & Shakers

EVENTS

C-Suite Awards

Details coming soon!

The C-Suite Awards celebrate top corporate executives who consistently demonstrate remarkable leadership skills, integrity, values, vision, [...]

Forty Under 40

Details coming soon!

Virginia Business is pleased to launch its inaugural Forty Under 40 Awards program in 2025!

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, [...]

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Around The Nation

Trump plan would roll back US vehicle mileage rules

Costco seeks refunds as Trump tariffs face high court

Minimalist Prada buys maximalist Versace for $1.4 billion, in bid to relaunch sexier Milan rival

OpenAI CEO Sam Altman declares ‘code red’ to improve ChatGPT amid rising competition

OECD lifts global, US growth outlook for 2025

Starbucks to pay $38.9M in NYC worker settlement

Why Cyber Monday could break spending records despite economic uncertainty

UK and US agree zero-tariff deal on pharmaceuticals

Jobless Claims Fall to 3-Year Low Ahead of Fed Decision

Jobless Claims Fall to 3-Year Low Ahead of Fed Decision

  WASHINGTON (AP) — U.S. applications for unemployment benefits fell to their lowest level in more than three years during Thanksgiving week, potentially complicating the Federal Reserve’s upcoming decision on interest rates. The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s 218,000, the […]

AMC Entertainment CEO remains in charge of world’s largest theater chain after stroke

AMC Entertainment CEO remains in charge of world’s largest theater chain after stroke

WASHINGTON (AP) — AMC Entertainment CEO Adam Aron suffered a minor stroke last month but is recovering rapidly and will continue to lead the world’s biggest movie theater chain, the company said Thursday. Aron, 71, suffered the stroke while on a business trip in London, where he immediately received emergency medical care, the company said. […]

Black Friday Shoppers queue to enter Macy's flagship store in New York on Friday, Nov. 28, 2025. (AP Photo/Angelina Katsanis)

Macy’s reports surprise Q3 profit, lifts annual outlook

NEW YORK (AP) — Macy’s posted a surprise third-quarter profit and its strongest comparable sales in more than three years as an extensive overhaul of the 167-year-old New York department store begins to resonate with shoppers. Macy’s raised its financial guidance for the year, but its outlook for the crucial fourth quarter was more reserved, […]

Treasury Secretary Scott Bessent speaks during an event on "Trump Accounts" for kids in the Roosevelt Room of the White House, Tuesday, Dec. 2, 2025, in Washington. (AP Photo/Evan Vucci)

Bessent seeks residency rule for Fed regional presidents

WASHINGTON (AP) — Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank presidents live in their districts for at least three years before taking office, a move that could give the White House more power over the independent agency. In comments at the New York Times’ DealBook […]

FILE - Allen Wilson, right, hugs an attendee after they wrote on crosses for victims during a vigil Thursday, Nov. 6, 2025, in Louisville, Ky., after a UPS plane crashed at Louisville Muhammad Ali International Airport. (AP Photo/Darron Cummings, File)

UPS put profits over safety before plane crash that killed 14, lawyer alleges

A deadly UPS cargo plane crash in Kentucky stemmed from from corporate choices that favored profits over safety, according to a lawyer who filed two wrongful death lawsuits Wednesday, which allege the company kept flying older aircraft without increasing maintenance beyond what’s regularly scheduled. Last month’s fiery crash happened during takeoff after the plane’s left engine detached, and cracks were […]

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Opinion

Women execs have tougher climb to top rung

Don’t import 996: Why America should reject overwork culture

OurView: Will AI spell lights out for white-collar workers?

The People Paradox: Why ‘Soft’ Skills Deliver the Hardest Numbers

The Mailroom: America needs immigrants

Virginia’s universities at risk if checks and balances fail

Virginia’s chance to legalize marijuana right

The Mailroom: No excuses for illegal immigration

The People Paradox: Why ‘Soft’ Skills Deliver the Hardest Numbers

The December question every leader should anticipate

As the year winds down, our calendars fill with two things: out-of-office replies and existential dread. December has a funny way of putting a mirror in front of us. In the quiet between deadlines and family gatherings, a perennial set of questions shows up: What am I doing with my life? Do I still want […]

2022 Virginia 500: Moving up

2025: The year of living disruptively

Looking back on 2025, the best symbol of the past year’s upheaval might be the White House, if not its most famous occupant. Since moving back into 1600 Pennsylvania Ave. in January, our real estate mogul president has launched into a series of home renovations worthy of its own HGTV series. The most prominent changes […]

Jared Burden is a Co-Managing Partner of GreeneHurlocker. Photo courtesy Jared Burden

Local leaders shape solar’s future

With federal support shrinking, Virginia’s solar future depends on local boards, zoning decisions and early community engagement.

Beyond burnout: the case for workplaces where people thrive

Beyond burnout: the case for workplaces where people thrive

In my last column, I wrote about the lesson of 996 culture, an overwork philosophy that destroys value. Now, the next question is obvious: What actually creates it? The answer isn’t complicated, but it does require courage. Sustainable business success comes from workplaces where people feel valued, fulfilled and empowered. When employees feel their contributions […]

Back to school, back to buying? How fall affects Northern Virginia homebuyers

Back to school, back to buying? How fall affects Northern Virginia homebuyers

As the school year begins in Northern Virginia, many might assume the housing market cools as quickly as the morning air. While spring often grabs the spotlight as the busiest buying season, fall in our region has its own rhythm — shaped by shifting priorities, changing inventory, and unique economic forces. Spring and Summer 2025: […]

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