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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

Pittsylvania site is top contender for lithium-ion battery plant

Danville, Pittsylvania authority approves Berry Hill land sale to data center developer

Danville and Pittsylvania County officials approved a purchase agreement for the megasite to an enti[...]

Government Contractors | Technology 2025: MENGUCCI, JOHN S.

CACI International completes $2.6B acquisition of Arka Group

CACI International announced Monday that it has completed its $2.6 billion acquisition of Connecticu[...]

Dr. Craig Kent was CEO of UVA Health until his resignation in February 2025. Photo courtesy University of Virginia

Former UVA Health CEO sues attorneys, firm in $34M defamation case

Former UVA Health CEO Dr. Craig Kent is suing three attorneys and a law firm for allegedly running a[...]

A Neptune statue overlooks a walkway in the center of the photo. A hotel is visible on the right side.

Virginia Beach to get $355M VA clinic, creating 600 jobs

A $355 million U.S. Department of Veterans Affairs outpatient clinic will be built in the Virginia B[...]

Depositphotos

Richmond National to expand operations, create 75 jobs in Henrico

Richmond National Group plans to invest $1.75 million to expand operations and create 75 jobs at the[...]

AeroFarms to close Pittsylvania operations; 173 to lose jobs

AeroFarms works toward sale of Pittsylvania location; closure delayed

AeroFarms works through a sale process as its Danville vertical farm faces possible closure and 145 [...]

People

Cary Hagen, Bobby Scott, Kevin Briggs and Pete Hansen. Photo courtesy CV International. Background image courtesy of the Port of Virginia

CV International, Capes tap new executives

4/3/2026

Default Alt Text

TowneBank appoints new CIO

3/3/2026

Ashish Jandial

ASGN announces commercial segment presidents

27/2/2026

Regions

Three data center projects totaling 7 million-plus square feet are under construction now in Stafford County. Photo by HAIYAN/Adobe Stock

NoVa data center development moves down I-95

Stafford County is experiencing rapid data center growth with three major projects underway and 18 i[...]

VFP’s Scott Jones says the company will have six buildings on its Duffield campus after its latest expansion. Photo by Earl Neikirk

VFP moves forward on $30M expansion in Scott County

VFP is investing $35 million to expand its Scott County facility, adding new buildings and jobs to s[...]

Arlington County reported investment in about 268,000 square feet of office space in 2025. Photo courtesy Adobe Stock

Northern Virginia focuses on strengths amid federal cuts

Northern Virginia's economy adapts to federal job cuts in 2025 by expanding defense tech, aerospace,[...]

Wrap Technologies held a ribbon cutting in September 2025 for its $4 million manufacturing headquarters in Norton. Official photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Manufacturing-heavy Southwest Virginia captures new industries 

Southwest Virginia sees major investments in manufacturing, indoor agriculture, and energy projects,[...]


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