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Smithfield Foods...

Smithfield Foods plans to buy Nathan’s Famous in $450M deal

Smithfield Foods announced Wednesday it has entered a deal to purchase Nathan's Famous, the hot dog and sausage brand, for $102 a share in cash, a value of about $450 million. 

Spanberger sworn...

Spanberger sworn in as Virginia’s first woman governor

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The Virginia Military Institute could be subject to a state inquiry over whether it did enough to address a history of racism and sexism at the nation's oldest state-supported military college. MUST CREDIT: Justin Ide/For The Washington Post

Virginia Democrats target military college’s funding after anti-DEI push

Virginia Democrats propose a task force to assess whether Virginia Military Institute should continue receiving state funds.

Industries

Representation of Bitcoin cryptocurrency in this illustration taken September 10, 2025. REUTERS/Dado Ruvic/Illustration

Bitcoin hoarder Strategy buys $2.13B in bitcoin in eight days

Jan 20 (Reuters) – Billionaire Michael Saylor’s bitcoin-focused firm Strategy said on Tuesday it bought about $2.13 billion worth of bitcoin over the past eight days, stepping up purchases even as its stock has been pressured by cryptocurrency volatility. The Tysons-based company acquired roughly 22,305 bitcoin between the period of Jan. 12 and Jan. 19, […]

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

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 13, 2026. REUTERS/Brendan McDermid/File Photo

Wall Street ends higher as investors cheer Greenland framework deal, averted tariffs

Jan 21 (Reuters) – Wall Street ended higher on Wednesday, with the S&P 500 posting its biggest one-day percentage gain in two months, as investors were buoyed by news that a framework for an agreement on Greenland had been reached and the possibility of new U.S. tariffs on European allies had been averted. Both the […]

Government

Aerial view of Fort Monroe, Old Point Comfort Marina and the Hampton Roads Bridge Tunnel. - AdobeStock

Report: Hampton Roads lost about 6,300 federal civilian jobs in 2025

Hampton Roads lost more than 6,000 federal civilian jobs in 2025, a 10.5% drop that outpaces the national decline.

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

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

Netflix makes all-cash bid for Warner Bros assets

White House seeks emergency power auction for largest US electric grid

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

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

U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Dollar edges up after Trump rules out military action in Greenland

The dollar firmed against the euro and Swiss franc as markets digested Trump’s Davos remarks amid trade tensions.

The CEO of JPMorgan Chase, Jamie Dimon, attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 21, 2026. REUTERS/Denis Balibouse

Dimon warns credit card rate cap would be ‘disaster’

JPMorgan CEO Jamie Dimon says Trump’s proposed 10% credit card rate cap would slash access to credit and hurt consumers.

Intel's CEO Lip-Bu Tan speaks at the company's Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. REUTERS/Laure Andrillon/File Photo

Intel results to spotlight turnaround efforts as AI data centers boost chip demand

Intel shareholders are increasingly optimistic as CEO Lip-Bu Tan’s turnaround plan boosts data center demand and shares.

Signage is seen at the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon

Blackstone weighs $5 billion sale of Beacon Offshore, source says

Blackstone is exploring a sale or IPO of Beacon Offshore Energy, valuing the Gulf of Mexico oil and gas operator at over $5B.

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 […]

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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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