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Home>Carl Fincke

Carl Fincke

Recent Articles from Carl Fincke

Princess Cruises trades Yorktown stops for Norfolk
Eastern Virginia April 29, 2024

Princess Cruises trades Yorktown stops for Norfolk

On the surface, Princess Cruises’ decision to abandon plans to stop in historic Yorktown in favor of Norfolk would appear to be an economic blow. In reality, it may be only a slight hit, and one many area residents apparently are fine with. Princess announced last year it would make three port calls in Yorktown […]

New rules
Maritime Guide April 27, 2023

New rules

In theory, the Ocean Shipping Reform Act (OSRA) would, among other things, help reduce inflation by adding transparency to container handling fees. In practice, though, it’s not that simple. When President Joe Biden signed OSRA into law in June 2022, he touted it as a weapon against shipping costs that had soared during the pandemic. […]

The 2019 Something in the Water festival was “by far” the biggest event ever staged at Virginia Beach, says John Zirkle, president of the city’s hotel association. Photo courtesy city of Virginia Beach
Economic Development January 30, 2023

It’s back!

Of all those whom Pharrell Williams has made happy, Virginia Beach government officials and business owners could be at the top of the list with the return of the music superstar’s Something in the Water this spring. Williams’ three-day music festival debuted in April 2019 at the Oceanfront and was a smash hit, with 25,000 […]

Where the wind’s blowing
Cover Story September 29, 2022

Where the wind’s blowing

If all goes according to plan, towering wind turbines off the coast of Virginia Beach will begin spinning out enough electricity in 2026 to power up to 660,000 homes. Dominion Energy Inc.’s $9.8 billion Coastal Virginia Offshore Wind (CVOW) farm will have 176 turbines — each rising 800 feet above the ocean, with around 8,000 […]

Sharing the wealth
Hampton Roads Business Guide September 29, 2022

Sharing the wealth

Virginia small businesses are getting a piece of the biggest highway construction pie ever baked by the Virginia Department of Transportation: the $3.9 billion Hampton Roads Bridge-Tunnel expansion project. Since April 2019, VDOT has awarded 313 contracts worth a collective $455 million to companies that qualify under the Disadvantaged Business Enterprise (DBE) and Small, Women-owned, […]

On the heels of the global pandemic, labor shortages, economic uncertainty and much more, it’s never been a more challenging time to be a chief financial officer, says Pete Graham, CFO for Norfolk-based debt buyer PRA Group. Photo by Mark Rhodes
News July 28, 2022

Guardians of the treasury

How’s this for an anxiety recipe? Serious supply-chain woes. A worsening labor shortage. Historic inflation. Rising lending rates. Soaring fuel and energy costs. An exceptionally volatile stock market. Growing cybersecurity threats. Global instability. Oh, and the pandemic that started more than two years ago is still with us. Can you imagine a tougher time to […]

Jim Gibson quit his job at the Hershey plant in Stuarts Draft after the failed unionization vote. Photo by Norm Shafer
Shenandoah Valley May 29, 2022

Hershey plant unionization effort continues

Despite a resounding defeat, organizers are still fighting to unionize The Hershey Co. plant in Stuarts Draft. In late March, about 79% of the plant’s workers voted against unionizing at Hershey, the largest employer in Augusta County with nearly 1,500 workers. But while that battle might be over, the war is not, according to officials […]

The Virginia Aquarium & Marine Science Center is one of the many Virginia Beach attractions helping to drive the city’s $1.4 billion annual tourism industry. Photo by Mark Rhodes
Economic Development April 28, 2022

A diversified portfolio

In a city where tourism reigns, nothing could be more welcome than a post-pandemic world. And though we’re not quite there yet, Virginia Beach is licking its chops over the prospect of maskless visitors pouring into town. The city, with fingers crossed in hopes that new coronavirus variants don’t arrive before the tourists do, is […]

Blue Ridge President Carrie McConnell says CNB Bank “likes midsized cities that are growing, and Roanoke is growing.” Photo by Natalee Waters
Roanoke/New River Valley March 30, 2022

Ridge View banks on Roanoke region

Drawn by the Blue Ridge’s “blue-collar atmosphere,” a new bank has set up shop in the Roanoke region. Ridge View Bank, a division of Pennsylvania-based CNB Bank, opened for business in October 2021 and plans to be headquartered in the city of Roanoke next year. “We’re not ready to disclose the exact location yet,” says […]

“Think of research as a form of job preparation,” says Dan Cristol, a biology professor and director of faculty-mentored undergraduate research at William & Mary. Photo by Mark Rhodes
Education December 31, 2021

Applied research

History and academic prestige spring to mind when people mention William & Mary, the second-oldest university in the United States, created when its British monarch namesakes signed its charter nearly 329 years ago. However, “research” is not necessarily the first thing that comes to mind when people think about the public ivy in historic Williamsburg, […]

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Top Stories

The NASA flag waving along with the American flag in the background. Taken March 5, 2021, in Washington, D.C. Photo by AdobeStock

NASA Langley could lose 672 jobs under Trump’s proposed budget

Trump’s 2026 budget proposal could slash 672 jobs at NASA Langley Research Center in Hampton.

Photo of four-story building

Owens & Minor ends $1.36B deal to buy home-based care business

Owens & Minor canceled its $1.36B acquisition of Rotech, citing regulatory delays.

President Donald Trump talks to workers as he tours U.S. Steel Corporation's Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/Julia Demaree Nikhinson)

Trump’s promised steel and aluminum tariffs go into effect

U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s se[...]

Presenting the 2025 Virginia C-Suite Awards

Presenting the 2025 Virginia C-Suite Awards

Virginia Business is proud to present our inaugural Virginia C-Suite Awards, honoring 33 top executi[...]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac

41 Virginia companies made the 2025 Fortune 1000

Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual For[...]

Newport News Shipbuilding hits milestone with dual Ford-class carrier builds

Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five [...]

People

Danny Deep. Photo courtesy General Dynamics

General Dynamics promotes EVP to global operations

5/6/2025

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

BWX Technologies has appointed Gonzalo Cajade as its new chief human resources officer. Photo courtesy BWX Technologies

Lynchburg-based BWXT taps new CHRO

29/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia and the nation

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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