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Home>Katherine Schulte

Katherine Schulte

Recent Articles from Katherine Schulte

Chesapeake Regional Medical Center. Photo courtesy Chesapeake Regional Healthcare
Top Stories December 30, 2025

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 could open first Va. store in New Kent
Central Virginia December 29, 2025

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.

David Boyle. Photo courtesy Burke & Herbert Bank & Trust Co.
Money December 19, 2025

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.

Depositphotos
Real Estate December 18, 2025

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.

Disney to build its 7th theme park, this one in the United Arab Emirates
Federal Contracting December 18, 2025

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.

Gov. Glenn Youngkin announced LS Cable & System's plans for additional facilities in Chesapeake at the Patrick Henry Building in Richmond on Dec. 12, 2025. Photo by Katherine Schulte/Virginia Business.
Top Stories December 12, 2025

LS Cable to add $689M factory in Chesapeake, creating 430 jobs

LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilities and bringing its expected job creation to 760.

Tara Murphy Dougherty is CEO of Govini, an Arlington defense contractor that received a $150 million investment from Bain Capital in October. Photo courtesy Govini
Start Virginia November 30, 2025

Arlington defense tech firm reaches unicorn status

Govini, an Arlington County defense tech contractor, has joined the unicorn ranks with a $1.25 billion valuation.

Temporary Petersburg casino to open in January
Hotels/Tourism November 24, 2025

Petersburg casino announces opening date for temporary facility

The temporary Live! Casino Virginia in Petersburg will open Jan. 22, 2026, pending regulatory approval.

Server room interior in datacenter. Depositphotos
Central Virginia November 20, 2025

Data center developer to build $3B campus in Caroline

CleanArc Data Centers is building a $3 billion data center campus in Caroline County, Gov. Glenn Youngkin announced Thursday.

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Northern Virginia November 19, 2025

Reston fintech startup closes $400M financing round

Quantum Lending Solutions has closed a $400 million financing round, the Reston-based financial tech startup announced Tuesday.

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Top Stories

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 [...]

The George Washington University Virginia Science and Technology - PHOTO: ADOBESTOCK

GW sells Ashburn campus to Amazon subsidiary for $427M

George Washington University has sold its 122-acre Virginia Science and Technology Campus in Ashburn[...]

The 2026 Virginia Black Business Leaders Awards

2026 Virginia Power 50 List

Many of the 50 most powerful people in Virginia are here because they lead major corporations, such [...]

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

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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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