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Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton will invest over $50 million to expand its existing manufacturing footprint in Henrico County and create 200 jobs.

University board...

University board fight ends; Spanberger to fill 22 seats

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Depositphotos

Chesterfield County lab settles with DOJ in alleged kickback scheme

Next Bio-Research Services has agreed to pay at least $758,000 to settle allegations that it paid illegal kickbacks.

Industries

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Gainesville automation company acquired by Naviant

Naviant announced last week that it has acquired Versivo, a Gainesville-based business process automation provider.

Real Estate

Fairstead is investing $34.8 million to acquire and renovate Landmark Apartments, a 120-unit affordable housing complex in Chesapeake. Photo Courtesy Fairstead

New York company buys Chesapeake apartments for $34.8M

Fairstead is investing $34.8 million to acquire and renovate Landmark Apartments, a 120-unit affordable housing complex in Chesapeake.

Money

Anthony Matesic works on the floor at the New York Stock Exchange in New York, Wednesday, Dec. 10, 2025. (AP Photo/Seth Wenig)

US stocks rise after the Fed cuts rates and hopes build for more

NEW YORK (AP) — The U.S. stock market rose to the edge of its record on Wednesday after the Federal Reserve cut its main interest rate to bolster the job market, and hopes strengthened for more cuts to come in 2026. The S&P 500 climbed 0.7% and finished just shy of its all-time high, which […]

Government

Joseph P. Casey, Photo courtesy Chesterfield County

Chesterfield County administrator to retire in 2026

Chesterfield County Administrator Joseph P. Casey will retire July 1, 2026, after a decade leading major economic growth projects.

People

Fritz Sassine. Photo courtesy Virginia General Assembly

Virginia legislature appoints new automated systems director

The Virginia General Assembly has appointed Fritz Sassine as director of the Division of Legislative Automated Systems, the division that oversees the state's Legislative Information System.

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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

Trump allows limited Nvidia chip sales to China

Fed faces divided debate ahead of expected rate cut

U.S. job openings barely budged in October, coming in just below 7.7 million

EU probes Google over possible AI antitrust violations

Paramount launches $74B hostile bid for Warner Bros.

Trump plans $12B aid for farmers hit by trade war

IBM to buy Confluent in $11B deal to boost AI strategy

Supreme Court signals backing for Trump in FTC firing case

Federal Reserve Chair Jerome Powell speaks at the Federal Reserve, Wednesday, Dec. 10, 2025, in Washington. (AP Photo/Jacquelyn Martin)

Fed cuts rates again but signals pause ahead

WASHINGTON (AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that could attract ire from President Donald Trump, who has demanded steep reductions to borrowing costs. In a statement […]

Elon Musk says DOGE was only ‘somewhat successful’ and he wouldn’t do it again

Elon Musk says DOGE was only ‘somewhat successful’ and he wouldn’t do it again

Mega billionaire Elon Musk, in a friendly interview with his aide and conservative influencer Katie Miller, said his efforts leading the Department of Government Efficiency were only “somewhat successful” and he would not do it over again. The Tesla and SpaceX CEO, who also owns the social media platform X, still broadly defended President Donald […]

Paramount launches $74B hostile bid for Warner Bros.

Paramount says China’s Tencent withdrew from its Warner Bros bid to avert national security issues

BANGKOK (AP) — Paramount Skydance says the Chinese gaming and social media giant Tencent Holdings withdrew from its bid to buy Warner Bros Discovery to avert a possible national security review. Paramount’s revised filing with the U.S. Securities and Exchange Commission of its takeover bid said the Chinese company had dropped its $1 billion financing […]

FILE - Billionaire philanthropist MacKenzie Scott arrives at the Vanity Fair Oscar Party, March 4, 2018, in Beverly Hills, Calif. (Photo by Evan Agostini/Invision/AP, File)

Philanthropist MacKenzie Scott gave $7.1 billion to nonprofits in 2025, a major increase

NEW YORK (AP) — The author and philanthropist MacKenzie Scott revealed $7.1 billion in donations to nonprofits in 2025 Tuesday, marking a significant increase in her annual giving from recent years. Writing in an essay on her website, Scott said, “This dollar total will likely be reported in the news, but any dollar amount is […]

OpenAI names Slack’s Denise Dresser first chief of revenue

OpenAI names Slack’s Denise Dresser first chief of revenue

SAN FRANCISCO (AP) — OpenAI said Tuesday it has picked Slack CEO Denise Dresser as its first chief of revenue, a message to wary investors that the ChatGPT maker is serious about making a profit from its artificial intelligence technology. OpenAI said Dresser will oversee global revenue strategy and “will help more businesses put AI […]

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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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