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Spanberger sworn...

Spanberger sworn in as Virginia’s first woman governor

Under cloudy skies at the Virginia State Capitol, Abigail Davis Spanberger was sworn in as Virginia's 75th governor just after noon Saturday, becoming the first woman to hold the commonwealth's top elected office.

5 U.Va....

5 U.Va. board members resign at Spanberger’s request

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The University of Virginia lawn. Photo courtesy U.Va.

Spanberger appoints 27 university board members, including Northam

Gov. Abigail Spanberger wasted no time in naming 27 new members to the boards of George Mason University, Virginia Military Institute and the University of Virginia on her first day as governor.

Industries

AeroFarms to close Pittsylvania operations; 173 to lose jobs

AeroFarms secures funding to delay Ringgold closure through February

AeroFarms received short-term funding to keep its Ringgold indoor farm operating through Feb. 27, delaying potential layoffs.

Real Estate

A "For Sale" sign stands at a house in Miami, Florida, U.S. April 16, 2025. REUTERS/Marco Bello

Trump plans to allow 401(k) withdrawals for home down payments

WASHINGTON, Jan 16 (Reuters) – The Trump administration plans to allow investors to use some of their retirement funds to make a down payment on a house, White House economic adviser Kevin Hassett said on Friday, adding that more details will be released next week. “We’re going to allow people to take money out of […]

Money

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 13, 2026. REUTERS/Brendan McDermid

Wall Street ends flat ahead of long weekend

NEW YORK, Jan 16 (Reuters) – U.S. stocks ended nearly flat on Friday in a choppy session ahead of the long weekend, although all three major indexes posted losses for the week as fourth-quarter earnings season kicked off. Shares of chipmakers rose, with an index of semiconductors extending gains from Thursday. Big U.S. banks posted […]

Government

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Appian wins $500M Army contract

Appian announced last week that the U.S. Army has awarded the company a new enterprise contract valued at up to $500 million.

People

Christen Smith has been named chief revenue officer of LMI. Photo courtesy LMI

LMI names new leaders following CEO change

LMI promoted three executives after Josh Wilson became CEO, naming new leaders for revenue, growth and the health and civilian market.

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BTM Business Connect

Rolley Davis, President of Sussex Development Corporation.

Rolley Davis Promoted to President of Sussex Development Corporation

Virginia Beach, VA — Sussex Development Corporation, a leading construction management firm headquartered in Virginia Beach, announced today the promotion of Rolley Davis from Vice President to President. As President, he will oversee company operations, strategic initiatives, and long-term growth, while continuing to foster the culture of integrity, commitment, collaboration, and excellence that has defined […]

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

US, Taiwan reach trade deal focused on semiconductors, US Commerce Department says

Goldman’s profit beats on record stock trading, sees robust M&A activity in 2026

Morgan Stanley beats profit estimates on dealmaking windfall

US weekly jobless claims fall, but labor market is still in a holding pattern

Verizon outage: Massive outage bringing network down. What to know

US biotech sector poised for 2026 rebound as IPO interest revives

Oil climbs on concerns over potential Iranian supply disruption

US approves Nvidia H200 chip exports to China with some conditions

A view shows an oil pump jack outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer

Oil edges up as investors assess US tariff threats, weaker dollar

LONDON, Jan 20 (Reuters) – Oil prices were slightly higher on Tuesday as investors monitored U.S. President Donald Trump’s tariff threats against European states opposing his push to acquire Greenland, while firmer global economic growth expectations and a weaker U.S. dollar supported prices. Brent futures gained 49 cents, or 0.77%, to $64.43 a barrel at […]

The air traffic control tower at New York's Laguardia Airport after the FAA ordered flight cuts at 40 major airports amid the ongoing U.S. government shutdown in the Queens borough of New York City, U.S., November 7, 2025. REUTERS/Ryan Murphy

Congressional spending deal provides funding for 2,500 new air traffic controllers, $2.4 billion for Amtrak

WASHINGTON, Jan 20 (Reuters) – A bipartisan spending deal announced Tuesday provides funding for 2,500 air traffic controllers and $2.4 billion for U.S. passenger railroad Amtrak. The funding deal also includes $514 million to subsidize air services to rural communities in a program called the Essential Air Service program, rejecting a White House proposal to […]

FILE PHOTO: Paramount, Netflix and Warner Bros logos are seen in this illustration taken December 8, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Netflix Makes All-Cash Bid for Warner Bros Assets

LOS ANGELES, Jan 20 (Reuters) – Netflix has switched to an all-cash offer for Warner Bros Discovery’s studio and streaming assets without increasing the $82.7 billion price in a bid to shut the door on Paramount’s rival efforts to snag the Hollywood giant. The new all-cash bid – at $27.75 a share – has unanimous […]

FILE PHOTO: Electrical transmission poles and lines are shown in the early morning of a hot summer day in Commerce, California, U.S, August 7, 2025. REUTERS/Mike Blake/File Photo

White House seeks emergency power auction for largest US electric grid

WASHINGTON, Jan 16 (Reuters) – The White House on Friday urged the largest U.S. electric grid to conduct an emergency power auction to protect against rolling blackouts as energy demand from data centers grows faster than the country can build new generation plants. The Trump administration initiative calls on PJM Interconnection, which serves 67 million […]

Federal Reserve Vice Chair for Supervision Michelle Bowman arrives to testify before the House Financial Services Committee on Capitol Hill in Washington, D.C., U.S., December 2, 2025. REUTERS/Jonathan Ernst

Fed should be ready to cut rates again amid job market risks

FOXBOROUGH, Massachusetts, Jan 16 (Reuters) – Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday a fragile job market that could weaken quickly means the U.S. central bank should stand ready to cut interest rates again if needed. “Absent a clear and sustained improvement in labor market conditions, we should remain ready to […]

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Opinion

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

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

On Jan. 15, 2022, Republican Glenn Youngkin was sworn in as Virginia’s 74th governor on the steps of the state Capitol. Photo courtesy governor’s office.

Why Virginia’s one-term limit for governors deserves a second look

As Virginia prepares to swear in its first woman governor, it’s worth reexamining whether the commonwealth’s one-term limit on governors serves the state’s long-term economic and leadership interests.

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 […]

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