Recent Articles from Josh Janney
Virginia housing sales drop again, but listings spike 35.5%
Virginia home sales fell for the third month in a row in April 2025, but active listings rose 35.5% the same month.
Lighthouse Labs rebrands to Lighthouse Network
Richmond Accelerator Lighthouse Labs last week announced that it is expanding its services and rebranding itself as Lighthouse Network.
Iridium to invest $13M to relocate Tysons HQ, add 117 jobs
Tysons-based global satellite communications company Iridium Communications will invest more than $13 million to expand its headquarters in Fairfax County and create 117 jobs, Gov. Glenn Youngkin announced Tuesday.
VTG acquires 3 Northern Virginia tech companies
Chantilly-based engineering firm VTG announced last week that it has acquired three firms in an effort to expand its intelligence community footprint. On April 30, VTG announced that it acquired Fulton, Maryland-based Triaplex.
Sumitomo Drive Technologies to invest $9.3M to automate Chesapeake warehouse
The Virginia Economic Development Partnership announced last week that global power transmission manufacturer Sumitomo Drive Technologies will invest $9.3 million to automate a warehouse and distribution center in Chesapeake.
Chesapeake Planning Commission recommends against data center
The Chesapeake Planning Commission voted 6-1 Wednesday night to recommend denial of a rezoning for a 350,000 square-foot data center in the Great Bridge area of Chesapeake after hundreds of residents passionately opposed the project.
Virginia casinos report nearly $79M in April revenue
April gaming revenues from Virginia’s three casinos totaled $78.76 million, according to an May 15 report from the Virginia Lottery. April’s statewide casino gaming revenues were down $6.43 million from March’s $85.19 million.
Virginia unemployment spike ‘an economic shock,’ economist says
For the week ending May 10, 3,992 people filed initial unemployment insurance claims which is 46.8% higher than the previous week's 2,720 claims and a 67.3% increase over a comparable week last year (2,386).
UVA Health taps new CFO
UVA Health announced Thursday that Stephanie Schnittger will become its chief financial officer, starting July 7.
Leesburg firm lays off 155 after Navy cancels $170M contract
Leesburg-based data company Pantheon Data this week laid off 155 workers — including 33 Virginia employees — after the U.S. Navy canceled its $170 million service contract with the company on May 12.