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Recent Articles from Kate Andrews
State commits $14.5M yearly for new paid internship program
Virginia political, higher education and economic development leaders announced InternshipsVA, a new statewide program to support paid internships.
Swedish Match, Bear Express announce closings in Virginia
Swedish Match is closing its Richmond office, while Bear Express is closing its Norfolk and Virginia Beach facilities.
After bank mergers comes ‘big work’ of integration
Looser antitrust enforcement under Trump is expected to fuel more bank mergers, reshaping Virginia’s banking landscape.
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.
