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Home>Katherine Schulte

Katherine Schulte

Recent Articles from Katherine Schulte

Tysons-based MicroStrategy invested more than $2.2 billion to acquire 91,579 bitcoin, which rose to $5.94 billion in value as of mid-April. Photo by Stephen Gosling
News December 1, 2021

MicroStrategy buys $414M more bitcoin in Q4

MicroStrategy Inc. bought $414.4 million worth of bitcoin — about 7,002 units — from Oct. 1 to Nov. 29, the Tysons-based business software company reported to the U.S. Securities and Exchange Commission on Monday. The company now holds about 121,044 bitcoins, for which it paid $3.57 billion total. The average purchase price of each bitcoin […]

Super-regional shopping center in Richmond sells for $18.25M
Real Estate December 1, 2021

Super-regional shopping center in Richmond sells for $18.25M

The Eastgate Town Center in Richmond sold for more than $18.25 million, Colliers Capital Markets announced Wednesday. Located at 4905-4995 Nine Mile Road, the 117,773-square-foot super-regional shopping center is shadow anchored by a Walmart Supercenter and was 97% occupied at the time of sale. Its tenants include Conn’s Inc., Planet Fitness, Hibbett Sports, Virginia ABC, […]

Altria can’t sell IQOS device in U.S. after ITC ruling stands
News November 30, 2021

Altria can’t sell IQOS device in U.S. after ITC ruling stands

Henrico County-based Altria Group Inc. and former subsidiary New York-based Philip Morris International Inc. can no longer sell the IQOS tobacco heating device in the U.S. after the Biden administration’s 60-day administrative review process concluded Monday.  On Sept. 29, the U.S. International Trade Commission determined that the IQOS device violated two of rival R.J. Reynolds […]

News November 30, 2021

Henrico engineering firm acquires second Hampton Roads firm

Henrico County-based regional engineering firm Koontz Bryant Johnson Williams Inc. (KBJW) purchased Virginia Beach-based civil engineering firm Blakeway Corp., it announced Tuesday. Financial details of the transaction were not disclosed. The Blakeway acquisition is the firm’s second in six months, following its June purchase of Chesapeake-based Horton & Dodd PC. “Blakeway is a natural[...]

3Pillar Global promotes COO, chief people officer
People November 30, 2021

3Pillar Global promotes COO, chief people officer

Fairfax-based product lifecycle management company 3Pillar Global Inc. announced two promotions Tuesday: David Sawatzky to chief operating officer and Jamie Whitacre to chief people officer. Sawatzky was previously the company’s chief delivery officer. Whitacre served as the senior vice president of talent. “Dave and Jamie are both exceptional leaders,” 3Pillar CEO David DeWolf said in [[...]

100 People to Meet in 2022
100 People To Meet November 30, 2021

100 People to Meet in 2022

Even as the seemingly never-ending COVID-19 pandemic continues to accelerate hybrid and virtual work, one thing doesn’t change — your need to build social capital. Whether you’re Zooming or returning to in-person events, this third annual list of Virginians to meet in 2022 will introduce you to a variety of innovative, impactful businesspeople and trendsetters […]

Mark Eschle helped Wize Solutions establish its grant-supported two-person apprentice program. Photo by Earl Neikirk
Regions November 29, 2021

Grant program helps fund rural IT apprenticeships

Jonathon Evans graduated in May with a computer science degree and a desire to stay in his hometown, Abingdon. Fortunately for him, information technology company Wize Solutions LLC was seeking apprentices through a targeted state program that alleviates the cost of hiring and training employees new to the technology field. “In order to get a […]

features November 29, 2021

100 People to Meet in 2022: New Folks

They might be new to their positions, but they bring decades of expertise and new vantage points to the table. Here’s a sampling of Virginians — some fresh faces, others familiar — who have recently taken on significant new leadership roles.   Stephen Ambrose Chief climate scientist, Science Applications International Corp. Reston Hurricane Agnes slammed […]

features November 29, 2021

100 People to Meet in 2022: Angels

Saving lives, feeding the hungry or helping those most in need, these Virginians make the commonwealth a better place through their passion, dedication and sacrifice.     Dr. Sandy Chung CEO, Trusted Doctors; IT Medical Director, Pediatric Health Network; 2022 president-elect, American Academy of Pediatrics Fairfax Multitasker extraordinaire Dr. Sandy Chung is driven by her […]

features November 29, 2021

100 People to Meet in 2022: Rainmakers

Through their efforts, these are people who attract and grow businesses and funding, making the commonwealth wealthier.   Traci Blido Executive director, Virginia Career Works —Central Region Lynchburg Traci Blido hadn’t been looking for a new job. After a decade as Bedford County’s economic development director, she still found the work challenging. “When you have […]

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Top Stories

White House budget office tells agencies to draft mass firing plans ahead of potential shutdown

White House budget office tells agencies to draft mass firing plans ahead of potential shutdown

OMB told agencies to prepare mass layoffs if the government shuts down next week, escalating pressur[...]

The University of Virginia lawn. Photo courtesy U.Va.

15 Virginia schools make U.S. News’ 2026 universities list

Fifteen Virginia schools made the U.S. News & World Report’s 2026 Best National Universities list.[...]

President Donald Trump speaks as Commerce Secretary Howard Lutnick listens alongside a poster of the Trump Gold Card in the Oval Office of the White House, Friday, Sept. 19, 2025, in Washington. (AP Photo/Alex Brandon)

Virginia employers face new costs from Trump’s $100k H-1B visa fee

Trump’s $100K H-1B visa fee sows uncertainty for employers, universities and immigrant advocates, [...]

Bon Secours St. Francis Medical Center. Photo by Virginia Business/Kira Jenkins.

State rejects St. Francis hospital expansion

The Virginia state government has rejected a request from Bon Secours’ St. Francis Medical Center [...]

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RTX subsidiary hit by major cyberattack

A major ransomware against an RTX subsidiary disrupted check-in and boarding systems at several airp[...]

A rendering of Commonwealth Fusion Systems' planned facility in Chesterfield County. Image courtesy CFS.

Chesterfield approves fusion power plant permit

Commonwealth Fusion Systems received the Chesterfield zoning permit needed for what could be the wor[...]

People

Hawkeye 360 announces new CFO

Hawkeye 360 announces new CFO

25/9/2025

Redhorse taps new CEO

Redhorse taps new CEO

24/9/2025

Virginia Realtors names 2026 president

Virginia Realtors names 2026 president

19/9/2025

Regions

Virginia Gov. Glenn Youngkin, state Secretary of Commerce and Trade Caren Merrick and Microporous CEO John Reeves were among officials participating in a Nov. 13, 2024, ceremonial groundbreaking for Microporous' lithium-ion battery plant at the Southern Virginia Megasite at Berry Hill in Pittsylvania County.

Area Development ranks Virginia No. 1 for workforce training

The Virginia Talent Accelerator Program has been ranked the top workforce training program in the na[...]

Nostalgia-fueled Colony House reopens

Nostalgia-fueled Colony House reopens

Thanks to $10 million in 21st-century improvements, Roanoke’s Colony House Motor Lodge will on[...]

Chesterfield zoning update moves forward

Chesterfield zoning update moves forward

Chesterfield County advances ZOMod, its zoning overhaul aligning rules with growth goals. Final vote[...]

Peninsula businesses to get capital boost

Peninsula businesses to get capital boost

Small and midsize businesses in distressed and underserved areas of Hampton and Newport News will be[...]


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