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Virginia’s first...

Virginia’s first Buc-ee’s opens soon — here’s what to know

Virginia's first Buc-ee’s opens June 30 in Mount Crawford, bringing 200+ jobs, brisket, beaver nuggets and a huge fan following to Rockingham County.

Virginia Bar...

Virginia Bar Association cancels gubernatorial debate after candidates don’t RSVP

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Martin Sjolund, president and CEO of PRA Group. Photo courtesy PRA Group

PRA Group’s new president and CEO takes reins

Martin Sjolund became PRA Group's president and CEO this week, succeeding Vikram "Vik" Atal at the Norfolk-based business. 

Industries

International Longshoremen's Association workers strike at the Port of Virginia on Oct. 1, 2024, when there was a mass work stoppage at ports on the East and Gulf coasts. Photo by Mark Rhodes

Virginia Business wins two international journalism awards

Virginia Business won two journalism awards for breaking news coverage and explanatory journalism in the 2025 Alliance of Area Business Publishers awards.

Real Estate

JBG Smith acquires Tysons Dulles Plaza for $42.3M

JBG Smith acquires Tysons Dulles Plaza for $42.3M

JBG Smith announced last week that it has acquired Tysons Dulles Plaza — a 15-acre office campus in Tysons that houses three-buildings.

Money

Oil prices flip-flop and US stocks drift as Wall Street waits for Iran’s reaction to US strikes

Oil prices flip-flop and US stocks drift as Wall Street waits for Iran’s reaction to US strikes

Oil prices swung after a U.S. strike in the Israel-Iran conflict, but U.S. stocks stayed steady on hopes Iran won't retaliate heavily.

Government

Raft acquires N3bula Systems for undisclosed amount

Raft acquires N3bula Systems for undisclosed amount

McLean-based defense technology company Raft announced last week it has acquired weapons technology developer N3bula Systems.

People

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced

Tarley is new president-elect of Virginia State Bar

Williamsburg attorney Susan Bradford Tarley was chosen the 2025-26 president-elect of the Virginia State Bar on June 13 during the organization’s annual meeting in Virginia Beach. Tarley is a partner at Tarley Robinson, where she focuses her practice on real estate, business matters and creditors’ rights. She has also served as an adjunct professor at the College […]

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

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

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[...]

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Around The Nation

Experts urge Boeing 737 Max engine fix after bird strikes

Aflac finds suspicious activity on US network that may impact Social Security numbers, other data

Borrowers looking for lower costs will have to wait as the Fed is unlikely to cut rates

US unemployment ticked down, hovering at historically low levels

Google offers buyouts to more workers amid AI-driven tech upheaval and antitrust uncertainty

Americans turn cautious and retail sales slide after a spring spending surge to beat tariffs

The Trump family’s next venture, a mobile phone company

G7 summit begins amid global conflict, trade tensions

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

Federal Reserve’s Bowman says rate cut should be on table in July

WASHINGTON (AP) — Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials as they endure sharp criticism from the White House. Bowman said that President Donald Trump’s tariffs have so far not caused the jump in inflation that […]

With its stock in sharp decline, Trump’s media company will buy $400 million of its own shares

With its stock in sharp decline, Trump’s media company will buy $400 million of its own shares

NEW YORK (AP) — President Donald Trump’s media company plans to buy back up to $400 million of its stock, which have lost 46% of their value this year. Trump Media and Technology Group, which operates the Truth Social media platform, said Monday that the acquisition will improve its financial flexibility. It will retire the […]

Lockheed Martin to cut jobs at Greenville F-16 site

Lockheed Martin to cut jobs at Greenville F-16 site

Lockheed Martin is reducing its Greenville workforce following a U.S. Air Force decision not to extend its sustainment contract with the company. The cuts could mean a reduction of as many as 180 jobs or 10% of the workforce, according to reports. The Lockheed Martin site in Greenville’s South Carolina Technology & Aviation Center is […]

Compass sues Zillow over off-market listings ban

Compass sues Zillow over off-market listings ban

Real estate brokerage company Compass has filed a lawsuit against Zillow over its policy to ban private home listings. In a filing with the U.S. District Court for the Southern District of New York, Compass claims that “Zillow has sought to rely on anticompetitive tactics to protect its monopoly and revenues in violation of the […]

May home sales barely move as high mortgage rates, prices, weigh on housing market

May home sales barely move as high mortgage rates, prices, weigh on housing market

NEW YORK (AP) — Sales of previously occupied U.S. homes edged higher in May, as stubbornly high mortgage rates and rising prices made homebuying less affordable even as the inventory of properties on the market continued to increase. Existing home sales rose 0.8% last month from April to a seasonally adjusted annual rate of 4.03 million units, the National […]

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Opinion

Ocean freight outlook 2025: tariffs, crisis fuel chaos

Elon Musk’s memo exposes a trust crisis in leadership

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

Virginia Republican candidate for lieutenant governor John Reid posted a video April 25, 2025, saying that he would stay in the race despite Gov. Glenn Youngkin's demand that he resign from the ticket.

OurView: Nothing new under the sun in Virginia politics

In late April, GOP lieutenant governor candidate John Reid posted a highly atypical campaign video on X. His political enemies within the party, Reid alleged, were staging a “coordinated character assassination attempt to force [him as] the first openly gay candidate off the Republican statewide ticket.” Gov. Glenn Youngkin, Reid said, had asked him to […]

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Bad managers drive away talent

When you manage people, you don’t just oversee productivity — you hold careers, livelihoods and psychological well-being in your hands. The data doesn’t lie, and neither do the millions who’ve weighed in on what constitutes leadership worth following. Fact: 69% of U.S. workers would rather clean toilets at a bus station than report to a […]

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.

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