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Home>Katherine Gustafson

Katherine Gustafson

Recent Articles from Katherine Gustafson

Slow and steady
Economic Development March 28, 2024

Slow and steady

The Lynchburg region has seen the slowest job growth of any metro area in Virginia over the past three years, according to economic analyses, and it typically has a higher unemployment rate than the state average. But there’s more to the story, some officials say. For instance, the Lynchburg region saw 23 inquiries from economic […]

Old Dominion, new data
Cover Story February 28, 2024

Old Dominion, new data

As available land for data centers in Loudoun County — home to Data Center Alley, the world’s largest concentration of data centers — has become scarcer and more expensive, the industry has expanded into other Northern Virginia localities and beyond. In Virginia, Prince William County has become the other heat map for the industry — […]

This photo released by the National Transportation Safety Board shows a gaping hole where the paneled-over door had been at the fuselage plug area of Alaska Airlines Flight 1282 on Jan. 7 in Portland, Oregon.
Economic Development February 28, 2024

Va.’s Largest Companies: Emergency landing

As the U.S. economy showed signs of unexpected strength and inflation slowed throughout 2023, most of Virginia’s largest publicly traded companies held their own, with some riding high. Reston-based General Dynamics saw its highest-ever quarterly revenue, while Performance Food Group, headquartered in Goochland County, made the Fortune 100 for the first time. Arlington County-based Fortune [[...]

Business smarts
Education December 31, 2023

Business smarts

In Assistant Professor Michael Albert’s MBA data science class at the University of Virginia’s Darden School of Business, students analyze historical usage data for a bike-sharing service to determine a bicycle maintenance schedule. In the past, they would tackle this simulation by writing code in the Python computer programming language — a pain point for […]

Them’s the brakes
CEO Pay September 28, 2023

Them’s the brakes

Total compensation for S&P 500 CEOs nationwide last year marked its smallest year-over-year increase since 2015, with pay increasing 0.9% from 2021. Here in Virginia, CEOs faced even greater headwinds — their total pay increased just 0.3% from 2021 to 2022, down from a 4.9% increase between 2020 and 2021. The slowdown was a result […]

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Top Stories

Daytona Beach, Florida - December 29, 2022: Large convenience store and gas station Buc-ees featuring a beaver mascot. Photo by AdobeStock

Virginia’s first Buc-ee’s opens soon — here’s what to know

Virginia's first Buc-ee’s opens June 30 in Mount Crawford, bringing 200+ jobs, brisket, beaver nug[...]

Virginia Bar Association cancels gubernatorial debate after candidates don’t RSVP

Virginia Bar Association cancels gubernatorial debate after candidates don’t RSVP

The Virginia Bar Association has canceled its scheduled July 19 gubernatorial debate after neither[...]

The EY 2025 Entrepreneur of the Year mid-Atlantic regional winners for 2025. Photo courtesy Ernst & Young

EY names 5 Virginians Mid-Atlantic Entrepreneurs of the Year

Five Virginia business leaders have been named winners of Ernst & Young LLP’s Mid-Atlantic Entrepr[...]

Updated: Jones, Hashmi win Democratic primaries for AG, lieutenant governor

Updated: Jones, Hashmi win Democratic primaries for AG, lieutenant governor

Virginia state Sen. Ghazala Hashmi wins Democratic nomination for lieutenant governor, with AG nomin[...]

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Smithfield Foods to move 115 jobs to Virginia

Smithfield Foods announced Tuesday that it's bringing about 115 jobs to Virginia’s Tidewater regio[...]

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States’ $7.4B settlement with Purdue Pharma nears closure

Fifty-five attorneys general have agreed to sign on to a $7.4 billion nationwide settlement with Pur[...]

People

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced

Tarley is new president-elect of Virginia State Bar

20/6/2025

PACE Equity expanded its team with the appointment of Steve Farbstein as originations leader of Richmond. Photo courtesy PACE Equity

PACE Equity announces Richmond leader

20/6/2025

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Reston-based ASRC Federal names new chief strategy officer

18/6/2025

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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