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Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five months.

Nightingale ice...

Nightingale ice cream expansion to add 166 jobs

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A rendering of the planned Virginia Natural Gas operations headquarters. Image courtesy Virginia Natural Gas

Virginia Natural Gas breaks ground on $50M Chesapeake HQ

Virginia Beach-based Virginia Natural Gas on Tuesday broke ground on a $50 million operations headquarters in Chesapeake.

Industries

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Wisconsin co. breaks ground on $26M Portsmouth export facility

The DeLong Co. on Thursday broke ground on a $26 million agricultural export facility in Portsmouth that will prepare whole grains for shipment.

Real Estate

Cushman & Wakefield | Thalhimer announces new president

Cushman & Wakefield | Thalhimer announces new president

Eric Robison, who leads Thalhimer’s capital markets team, has been promoted to president, effective June 1.

Money

Wall Street glides to the end of its best month since 2023

Wall Street glides to the end of its best month since 2023

Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports from Gap, Ulta Beauty and other companies.

Government

Richmond Mayor Danny Avula hosts a news conference Jan. 9, 2025, to deliver updates on the city's water outage.

Richmond lifts boil-water advisory after 2 days

The Virginia Department of Health has lifted Richmond's boil-water advisory in place over the past two days. 

People

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

Virginia Beach-based foundation and water management solutions company Groundworks has hired Rajeev Rai as chief technology officer.

Healthcare

BTM Business Connect

Unanet Acquires Beltway Software Firm Contraqer to Help GovCons

Unanet Acquires Beltway Software Firm Contraqer to Help GovCons

Unanet today announced it has acquired Contraqer, a leading provider of market intelligence and procurement software for government contractors. With Contraqer, Unanet adds to its robust growth suite of solutions that help GovCons identify, solicit, manage, and win more business. According to Unanet’s most recent GAUGE Report, 45% of GovCons cite lack of business development […]

Movers & Shakers

EVENTS

C-Suite Awards

June 5th, 2025 - 11:30 AM

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[...]

see all events

Around The Nation

Macy’s trims 2025 forecast amid cautious shoppers

Pratt & Whitney machinists end 3-week strike after approving a new contract

Institute of Peace reclaims its headquarters after court win over Musk’s cost-cutting team

Trump hosts $TRUMP crypto backers amid bitcoin surge

Defense Department accepts Boeing 747 from Qatar for Trump’s use

Target sales drop in 1st quarter and retailer warns they will slip for all of 2025

Trump lifts Empire Wind pause, offshore project resumes

Home Depot says it doesn’t expect to boost prices because of tariffs

President Donald Trump speaks at U.S. Steel Mon Valley Works-Irvin Plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/David Dermer)

Trump tells US steelworkers he’s going to double tariffs on foreign steel from 25% to 50%

WEST MIFFLIN, Pa. (AP) — President Donald Trump said Friday that he’s doubling the tariff rate on steel to 50%, a dramatic increase that could further push up prices for a metal used to make housing, autos and other goods. Trump spoke at U.S. Steel’s Mon Valley Works–Irvin Plant in West Mifflin, Pennsylvania, near Pittsburgh […]

Trump gives Musk Oval Office sendoff, crediting him with ‘colossal change’

Trump gives Musk Oval Office sendoff, crediting him with ‘colossal change’

Elon Musk steps down from the Department of Government Efficiency. Trump praises his reforms, while critics note deep budget cuts and confusion.

FILE - The Boeing logo is displayed at the company's factory Tuesday, Sept. 24, 2024, in Renton, Wash. (AP Photo/Lindsey Wasson, File)

DOJ seeks to drop Boeing fraud charge in 737 Max case

DOJ seeks to dismiss Boeing's 737 Max fraud charge after $1.1B deal; judge to decide on the motion.

President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein)

Appeals court allows Trump to continue collecting tariffs under an emergency powers law for now

A federal appeals court is allowing President Donald Trump to continue collecting tariffs under an emergency powers law for now.

Will the tariffs lead to a recession? Here’s how to know if we’re in one

Fed minutes: Uncertainty ‘elevated’ as risks of higher inflation and unemployment rise

WASHINGTON (AP) — Federal Reserve officials agreed earlier this month to hold off on any interest-rate moves while they evaluated the impact of President Donald Trump’s tariffs on inflation, unemployment, and the broader economy. According to minutes from their May 6-7 meeting, released Wednesday, “almost all” of the 19 officials that participate in the Fed’s meetings on policy saw a […]

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Opinion

Trump’s tariffs echo Hoover-era economic missteps

Our View: Trump charts chaotic course in trade wars

Constructing change

Why let Big Tech destroy our climate?

Our View: Making Virginia grate again

Best at Work Insights: Employees’ happiness is overrated

Trump-led DEI crackdown may leave glass ceilings intact

Return to uncertainty

In this photo provided by the U.S. Navy, Hospital Corpsman 1st Class Garion Pequeno reunites with his family after departing the USS Cole on Monday, Dec. 23, 2024, at Naval station Norfolk after a deployment. (Mass Communication Specialist Seaman Mark Peña/U.S. Navy via AP)

Let us honor Virginia’s military through educational opportunities

Today, we write to call on our leaders to continue investing in pathways that serve military families, keep them in Virginia, and strengthen Virginia’s economic future. The Virginia Military Survivors and Dependents Education Program — or VMSDEP — provides in-state tuition waivers to the spouses and children of service members who were disabled or killed in the line of duty.

Tanveer Kathawalla, founder and managing partner of Pioneer1890, based in Alexandria. Photo courtesy Tanveer Kathawalla

I voted for Trump. His tariff exclusions don’t reflect conservative strength

Alexandria business founder Tanveer Kathawalla writes in an op-ed that President Donald Trump's tariffs project decline and harm industry and the nation's ability to reduce federal debt.

Mary Baldwin University President Jeff Stein. Photo courtesy MBU

Getting full value out of college from day one

Mary Baldwin University's president writes in an op-ed that for too long, the traditional college model has delayed the real payoff — deferring meaningful mentorship, skills-building and career direction until a student’s final semesters.

Ocean freight outlook 2025: tariffs, crisis fuel chaos

Ocean freight outlook 2025: tariffs, crisis fuel chaos

Ocean freight faces uncertainty in 2025 due to Red Sea crisis, U.S.-China tariffs, and overcapacity from new vessels and shifting port strategies.

Elon Musk’s memo exposes a trust crisis in leadership

Elon Musk’s memo exposes a trust crisis in leadership

Musk’s memo sparked debate, but the real issue isn’t accountability — it’s a lack of trust, clarity, and communication in modern workplace culture.

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