Henrico issues new RFI for arena project

Gov. Glenn Youngkin last week kicked off the one-year countdown to Sail250 — an enormous maritime festival that’s expected to bring more than 3 million visitors to Virginia and generate at least $150 million in revenue.

Tysons-based global satellite communications company Iridium Communications will invest more than $13 million to expand its headquarters in Fairfax County and create 117 jobs, Gov. Glenn Youngkin announced Tuesday.

Virginia Beach architecture and engineering firm Clark Nexsen has been acquired by Maryland-based engineering, architecture and related services company Johnson, Mirmiran & Thompson.

Wall Street rallies after Trump postpones 50% tariffs on EU goods. S&P 500 up 1.6%, Dow adds 529 points, Nasdaq up 2%.

Chantilly-based federal contractor Amentum Services announced last week that it won a $91.8 million contract from the Naval Surface Warfare Center Dahlgren Division (NSWCDD) to provide software engineering services that will help the U.S. Navy protect national security.

Clinton R. Hayes, provost of Kentucky's Somerset Community College, will be the next president of Southwest Virginia Community College, the state's community college system announced this week.