Top Five July 2024

The top five most-read daily news stories on VirginiaBusiness.com from May 13 to June 12

Virginia Business// June 27, 2024//

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1 | 39 Virginia companies make the 2024 Fortune 1000

Thirty-nine companies headquartered in Virginia are on Fortune magazine’s 70th annual Fortune 1000 list, with 24 Virginia companies again making the elite Fortune 500. (June 4)

2 | VDOT buys Owens & Minor’s Hanover headquarters for $33.5 million

The Virginia Department of Transportation plans to move the state agency’s central office into the Mechanicsville building in summer 2025. (May 13)

3 | VIPC launches $100 million fund partnership for Virginia startups

The Virginia Innovation Partnership Corp. is partnering with seven venture capital fund managers to invest $100 million in 100 Virginia-based startups. (For more on this story, see Page 12.) (May 20)

VIPC CEO Joe Benevento speaks at May 20 event with Gov. Glenn Youngkin in background. Photo courtesy Virginia Innovative Partnership Corp.

4 | Capital One, Walmart end credit card agreement

McLean-based Capital One Financial is no longer the exclusive issuer of Walmart consumer credit cards. (May 24)

5 | Hampden-Sydney College receives $20 million pledge

Richmond-based Endeavour Legacy Foundation pledged $20 million to Hampden-Sydney College, the second largest gift in the college’s history. (May 14)

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Top Five July 2024

Top Stories

Defense/public safety tech manufacturer moving to SWVA

Owens & Minor sues Anthem, accusing insurer of mishandling claims

UPDATE: Botanical garden workers vote to unionize

AeroVironment to acquire BlueHalo for $4.1B

Armada Hoffler’s next CEO to assume role Jan. 1

Volkswagen’s U.S. subsidiary names new president and CEO

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Regions

Virginia mail service improves; second Trump push to privatize USPS ‘unlikely’

Bassett Furniture reduces workforce by 40

UPDATE: Botanical garden workers vote to unionize

Ex-Richmond Fed examiner pleads guilty to insider trading

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