Sign In
Free Newsletter
Recent Articles from Kate Andrews
Capital One proposes $425M lawsuit settlement
On Friday, just before closing the $35.3 billion acquisition of Discover Financial Services, Capital One Financial came to settlement terms with customers who were suing the McLean bank. If the agreement is approved by a federal judge, Capital One will pay $425 million to plaintiffs.
UPDATE: $35B Capital One-Discover merger closes
McLean-based Capital One Financial is scheduled to close on its $35.3 billion acquisition of Discover Financial Services on Sunday, finalizing the merger of the credit card giants announced last year.
DHS says it is canceling $2.4B Leidos contract
According to a court filing last week, the U.S. Department of Homeland Security has terminated a $2.4 billion IT and cybersecurity contract awarded to Reston-based federal contractor Leidos last year.
Amazon fulfillment center in Goochland to create 1,000+ jobs
Gov. Glenn Youngkin participated Wednesday in a ceremonial groundbreaking for Amazon.com's 3.1 million-square-foot robotics fulfillment center in Goochland County, which is expected to create more than 1,000 full-time and part-time jobs.
CoStar to purchase Australian property listings platform for $1.9B
Arlington County real estate data firm CoStar Group announced Friday it has signed a deal to acquire Domain, an Australian property listings platform, for 3 billion in Australian dollars, or $1.9 billion in U.S. dollars.
DOJ grants University of Virginia extension on DEI response
The University of Virginia has until May 30 to respond to an April 28 letter from the U.S. Department of Justice demanding proof — including video and audio from the U.Va. Board of Visitors' closed sessions — that the university is dismantling and dissolving its diversity, equity and inclusion apparatuses.
In the Lead: Best Women-Owned Businesses
Meet 28 successful women-owned Virginia businesses, from tech startups to manufacturers, honored for leadership, resilience, and innovation.
Virginia Tech’s president defends NIH research funding
President Sands warns NIH cuts will harm research, national security, and Virginia Tech’s future as Trump-era policies challenge higher education.
HII, General Dynamics win up to $18.4B submarine contract modification
Huntington Ingalls and General Dynamics have been awarded Navy contract modifications worth up to a possible $18.4 billion to build two Virginia-class submarines, the Department of Defense announced.
A letter from the Maritime Guide’s editor
The 2025 Virginia Maritime Guide arrives during a period of uncertainty for the United States’ and Virginia’s economies — anxieties primarily driven by President Donald Trump‘s slate of tariffs, as well as the impact of potential federal spending cuts impacting the maritime, supply chain, logistics, agriculture and defense sectors, among others. For the Port of […]
