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Recent Articles from Kate Andrews
Heavy earnings week, jobs data to test US stocks after Microsoft swoon
Another huge batch of corporate earnings including from megacaps Alphabet and Amazon will test the U.S. stock market in the coming week after a disappointing report from heavyweight Microsoft weighed on equity indexes.
Virginians bet $7.68B on sports in 2025, up 10.9%
Sports betting revenue for 2025 was $787 million, up 27.4% from the year before.
Developer withdraws Hanover data center campus proposal
Developer HHHunt withdrew its application for a 10-building data center campus in Hanover County.
Leidos to acquire utilities design firm for $2.4B
Reston-based Fortune 500 government contractor Leidos has entered an agreement to buy utilities infrastructure design firm Entrust Solutions Group for approximately $2.4 billion in cash, it announced Monday.
Capital One to acquire Brex for $5.15B
McLean-based banking giant Capital One Financial announced Thursday it has entered an agreement to acquire fintech company Brex in a $5.15 billion stock and cash deal.
Smithfield Foods plans to buy Nathan’s Famous in $450M deal
Smithfield Foods announced Wednesday it has entered a deal to purchase Nathan's Famous, the hot dog and sausage brand, for $102 a share in cash, a value of about $450 million.
Spanberger appoints 27 university board members, including Northam
Gov. Abigail Spanberger wasted no time in naming 27 new members to the boards of George Mason University, Virginia Military Institute and the University of Virginia on her first day as governor.
Spanberger sworn in as Virginia’s first woman governor
Under cloudy skies at the Virginia State Capitol, Abigail Davis Spanberger was sworn in as Virginia's 75th governor just after noon Saturday, becoming the first woman to hold the commonwealth's top elected office.
5 U.Va. board members resign at Spanberger’s request
The New York Times reported Friday evening that three University of Virginia board members have resigned at the request of Abigail Spanberger, who will be sworn in Saturday as Virginia's Democratic governor.
Federal court grants Dominion injunction, allowing offshore wind construction to proceed
Dominion Energy won a preliminary injunction Friday in federal court, allowing construction to resume on the Coastal Virginia Offshore Wind project off Virginia Beach's coast. In December 2025, the U.S. Department of the Interior paused the project for 90 days, leading the Richmond Fortune 500 utility to sue the government.
