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LS Cable...

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.

Mars completes...

Mars completes $36B Kellanova acquisition

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A rendering of the planned Midtown64 project in Henrico County. Photo courtesy Greenberg Gibbons

Developer breaks ground on $500M mixed-use project in Henrico

Greenberg Gibbons broke ground Tuesday on a $500 million project mixed-use development project in Henrico County.

Industries

The Chesterfield Towne Center, the largest enclosed mall in the Richmond area, was sold on Friday to JRE Partners and Anastacia AG. Photo by Kira Jenkins

Chesterfield Towne Center sells to New York, Swiss companies

Chesterfield Towne Center, the largest enclosed mall in the Richmond area, was sold on Dec. 12 to JRE Partners and Anastacia AG for an undisclosed amount.

Real Estate

JBG Smith plans to develop 640 new apartments and townhouses in Potomac Yard in Alexandria. Rendering courtesy KTGY

Alexandria approves 600+ housing units in Potomac Yard

Alexandria City Council approves Potomac Yard plan for 640 homes, including affordable housing, retail and open space near a Metro stop.

Money

FILE PHOTO: A specialist trader works inside a booth on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 19, 2025. REUTERS/Brendan McDermid//File Photo

Wall St ends mixed after paring earlier losses

U.S. stocks closed mixed as the Nasdaq rose and the Dow fell, with investors weighing delayed jobs data and the Fed’s 2025 outlook.

Government

Joe Face is retiring as commissioner of financial institutions for the Virginia State Corporation Commission. Photo courtesy State Corporation Commission

Longtime SCC banking commissioner to retire

Joseph Face Jr., who has served as the SCC's commissioner of the Bureau of Financial Institutions since 1997, will retire in January 2026.

People

Theodore “Ted” Tanner Jr. will join Leidos as CTO in January. Photo courtesy Leidos

Leidos names AI chief technology officer

Leidos has named Ted Tanner chief technology officer to accelerate artificial intelligence, cyber, quantum and mission software deployment.

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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

March 31st, 2026 - 4:30 PM

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

Sen. Cruz threatens another shutdown unless restrictions on military flights are approved

Trump’s $100,000 H-1B visa fee draws legal challenge from US states

Trump Launches $1M ‘Gold Card’ Offering Path to Citizenship

AI boom fuels new push for humanoid robots, despite doubts

Hearing on whether ex-Abercrombie & Fitch CEO is mentally fit to stand trial for sex trafficking set

Senators seek to change bill that allows military to operate just like before the DC plane crash

Disney invests $1B in OpenAI, strikes Sora licensing deal

Time magazine names ‘Architects of AI’ as its person of the year for 2025

PayPal applies to form its own bank to expand small-business lending

PayPal applies to form its own bank to expand small-business lending

PayPal is seeking a banking charter that would allow it to boost its lending business, offer savings accounts that can earn interest and make customers’ deposits eligible for federal insurance coverage, the payments company said Monday. PayPal has submitted applications to authorities in Utah and to the Federal Deposit Insurance Corporation to set up PayPal Bank, […]

FILE PHOTO: Bottles of Heinz Ketchup are displayed on a shelf in a supermarket in Sarajevo, Bosnia and Herzegovina October 29, 2024. REUTERS/Dado Ruvic/File Photo

Incoming Kraft Heinz CEO says he endorses split, reserves right to improve it

Incoming Kraft Heinz CEO Steve Cahillane supports the company’s split into two businesses but says plans could still be refined.

Unemployment rate rises, signaling weakness in the economy

Unemployment rate rises, signaling weakness in the economy

The economy is flashing new warning signs, as the U.S. labor market shed jobs over October and November, and the unemployment rate ticked up to 4.6 percent, the highest level since 2021. Job gains of 64,000 in November exceeded expectations but only partially offset the loss of 105,000 jobs in October. Those losses, the sharpest […]

Roomba maker iRobot files for bankruptcy protection; will be taken private under restructuring

Roomba maker iRobot files for bankruptcy protection; will be taken private under restructuring

Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process. IRobot, which became well known for its robotic vacuums, has struggled of late, dealing with increased competition, layoffs and a declining stock […]

Ford retreats from EVs, takes $19.5 billion charge as Trump policies take hold

Ford retreats from EVs, takes $19.5 billion charge as Trump policies take hold

Dec 15 (Reuters) – Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry’s retreat from battery-powered models in response to the Trump administration’s policies and weakening EV demand. The Dearborn, Michigan-based company said it will stop […]

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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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