Sign In
Free Newsletter
Recent Articles from Beth JoJack
Amazon’s HQ2 hiring falls short of 2024 target
Amazon's HQ2 in Arlington has hired 7,232 workers — below its 2024 goal. Since 2018, Amazon has made more than $2.5 billion in capital investment at HQ2.
Dollar Tree names chief supply chain officer
Walgreens' former chief supply chain officer has started as Dollar Tree's chief supply chain officer effective Monday, the Chesapeake Fortune 500 discount retailer announced. Roxanne Weng succeeds Mike Kindy, who is retiring.
McLean business leader’s foundation gives $20M to George Mason University
Kimmy Duong donates $20M to George Mason University, funding scholarships and naming the Long Nguyen and Kimmy Duong School of Computing.
Hitachi Energy to invest $22.5M in SWVA expansion, creating 120 jobs
Hitachi Energy will invest $22.5M to expand its Bland facility and open a new warehouse in Atkins, creating 120 jobs and boosting production capacity.
Medicaid cuts could close Virginia’s rural hospitals, Warner warns
Sen. Mark Warner warns Medicaid cuts may shutter hospitals West of Roanoke. In Virginia. That's because many rural hospitals operate in the red, and depend on Medicaid funding to keep the lights on.
Richmond warehouse complex with Amazon fulfillment center sells for $97.5M
Stream Realty Partners acquires Richmond warehouse campus for $97.5M and 135-acre Chesterfield site, signaling growing interest in the region.
19 Virginians are finalists for EY Mid-Atlantic Entrepreneur of the Year
Nineteen Virginia entrepreneurs are finalists for EY’s 2025 Mid-Atlantic Entrepreneur of the Year award, with winners to be announced June 18.
Walgreens to pay up to $350 million in U.S. opioid settlement
Walgreens has agreed to pay up to $350 million in a settlement with the U.S. Department of Justice, which said that it was illegally filling millions of prescriptions in the last decade for opioids and other controlled substances. The nationwide drugstore chain must pay the government at least $300 million and will owe another $50 million […]
Henrico-based Elephant Insurance to be sold
The U.K.-based Admiral Group is selling Henrico County-based auto insurer Elephant Insurance to J.C. Flowers & Co., a New York-based private investment firm, according to a Tuesday announcement. The deal is for “an undisclosed cash consideration … representing approximately the net asset value of Elephant,” a news release stated. That value is believed to be […]
Krispy Kreme investor to acquire Roanoke’s Shenandoah Life in deal
JAB Holding Co., the Luxembourg-based holding company that owns a majority stake in Krispy Kreme doughnuts, plans to pay $3.1 billion to buy Prosperity Life Group, parent company of Roanoke-based Shenandoah Life Insurance, according to a filing made last month with the State Corporation Commission. Applications for approval of acquisition of an insurer typically take […]
