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Recent Articles from Katherine Schulte
Fortune 500 retailer CarMax lays off 230 employees, many in Virginia
Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees, including 113 in the Richmond area.
U.Va. Darden names interim dean
Mike Lenox is serving as interim dean of the University of Virginia’s Darden School of Business as the former dean assumes the university presidency.
Health care systems navigate supply chain disruptions
Virginia health systems adjusted practices and sourcing as IV fluid shortages, tariffs and global disruptions strained supply chains.
Youngkin’s term as governor marked by economic wins, political division
Gov. Glenn Youngkin leaves office after four divisive years marked by economic wins, veto power and political losses as Virginia turns to Abigail Spanberger.
Washington County workforce housing project launches
A residential subdivision composed largely of housing intended for the local workforce is coming to Washington County. Gov. Glenn Youngkin, Ardent Development Group owner Jerome Malinay and others attended an Oct. 21, 2025, groundbreaking for the roughly 325-home Sunny Valley subdivision. “Housing’s very much needed … to facilitate and promote the future job growth, the […]
500+ ex-patients sue Chesapeake Regional, alleging negligence, unnecessary surgeries
Over 500 plaintiffs are suing Chesapeake Regional Medical Center, its current CEO and two former CEOs for negligence, seeking $10 million each.
Buc-ee’s delays second Virginia location by four years
Buc-ee’s has pushed the expected opening of its New Kent County travel center from 2027 to December 2031.
Burke & Herbert to acquire Pa. bank in $354M deal
Alexandria’s Burke & Herbert Financial Services anticipates acquiring Linkbancorp in an all-stock transaction worth about $354.2 million.
Developer proposes Henrico industrial park after resistance to data centers
After resistance to a data center campus in Henrico County, a developer appears to be pivoting to an industrial park proposal.
Booz Allen CFO leaving in February
Booz Allen Hamilton Chief Financial Officer Matthew Calderone is leaving the Fortune 500 government contractor for a role at S&P Global.
