For the Record: December 2024

CENTRAL  Richmond-based international foam producer Carpenter acquired omnichannel bedding brand Casper Sleep for an undisclosed amount, it announced Oct. 29. Under the agreement, Casper will operate as a subsidiary of Carpenter. The deal marks the third acquisition Carpenter has made in the past 16 months. In November 2023, Carpenter acquired North Carolina-based NCFI Polyurethanes. That [&helli[...]

Top Five December 2024

1   |  Former NFL, U.Va. football player indicted on embezzlement charges Real estate developer Christopher Harrison was indicted on federal charges connected to a downtown Richmond residential project and Petersburg’s former Ramada Inn. (Oct. 21) 2   |  Navy Federal ordered to refund customers $80 million, pay $15 million civil penalty The Consumer Financial […]

Nominations Now Open for 40 Under 40

Building out

Hampton Roads always has plenty going on, and in this issue of Hampton Roads Business, we’ll take you on a tour around the region to check in on some of the largest and most consequential projects that are under development.   In our main feature, “Latest and greatest,” freelance writer Jim Morrison will bring you up […]

Virginia’s Fortune 500 companies

This year, 24 Virginia companies made Fortune magazine’s 70th annual Fortune 500 list, which ranks the nation’s largest corporations by total revenue. Several companies’ fortunes rose, with top-ranked Virginia company Freddie Mac moving up nine spots to No. 36 on the overall Fortune 500, posting $108.05 billion in revenue last year. Meanwhile, Virginia’s second-ranked compa[...]

Beauty and the C-suite

Virginia Business’ July issue cover art represents a significant amount of time and thoughtful planning — especially in considering what image we want to convey to you, the reader. From our viewpoint, the Women in Leadership cover should express strength and confidence — attributes that this year’s 38 award winners demonstrate daily as executives. A […]

Pivot points

Earlier this year, when I was invited to speak to a Henrico County Rotary chapter, I was asked several questions commonly heard these days by journalists. Do sources pay us to appear in our magazine stories? No. As an independent media outlet, we are not pay-to-play; we decide who and what we write about and […]

Flying off the glass cliff?

You’ve no doubt heard of the glass ceiling — the barrier above which women couldn’t rise professionally — but have you heard about the glass cliff? It’s not as familiar a term as the ceiling, but the glass cliff is real. It’s what happens when a woman or someone from another marginalized group is put […]