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Home>Richard Foster

Richard Foster

[email protected]

Recent Articles from Richard Foster

Virginia’s Fortune 500 companies
Industries July 29, 2025

Virginia’s Fortune 500 companies

Freddie Mac, the federally sponsored mortgage business headquartered in McLean, continues to be the top-ranked Virginia-based company at No. 38, down two spots from last year, with $122 billion in annual revenue Arlington County-based defense contractors RTX and Boeing were the second and third highest ranking companies based in Virginia, with RTX moving up one […]

Virginia dropped to No. 4 in CNBC's 2025 Top States for Business rankings.
Top Stories July 10, 2025

Virginia falls to No. 4 among CNBC’s top states for business

Virginia lost its spot at the top of CNBC's annual Top States for Business report, the cable business network announced Thursday.

OurView: Our name is United S., and we’re addicted to undocumented labor
Opinion June 29, 2025

OurView: Our name is United S., and we’re addicted to undocumented labor

Amid all the recent protests, debates and debacles regarding illegal immigration and the second Trump administration‘s heavy-handed response to it, one truth seems to be getting lost: America is reliant on undocumented workers. In its October 2024 study, “Mass Deportation: Devastating Costs to America, Its Budget and Economy,” the left-leaning American Immigration Council found that [&he[...]

International Longshoremen's Association workers strike at the Port of Virginia on Oct. 1, 2024, when there was a mass work stoppage at ports on the East and Gulf coasts. Photo by Mark Rhodes
Industries June 22, 2025

Virginia Business wins two international journalism awards

Virginia Business won two journalism awards for breaking news coverage and explanatory journalism in the 2025 Alliance of Area Business Publishers awards.

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac
Top Stories June 2, 2025

41 Virginia companies made the 2025 Fortune 1000

Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual Fortune 1000 list, and 25 Virginia companies are on this year's elite Fortune 500.

OurView: What’s fueling your startup dream?
Editor June 1, 2025

OurView: What’s fueling your startup dream?

Explore Virginia’s startup scene, from AI to VC deals, in the third annual edition of StartVirginia. Insights and inspiration for your next big idea!

Virginia Republican candidate for lieutenant governor John Reid posted a video April 25, 2025, saying that he would stay in the race despite Gov. Glenn Youngkin's demand that he resign from the ticket.
Editor June 1, 2025

OurView: Nothing new under the sun in Virginia politics

In late April, GOP lieutenant governor candidate John Reid posted a highly atypical campaign video on X. His political enemies within the party, Reid alleged, were staging a “coordinated character assassination attempt to force [him as] the first openly gay candidate off the Republican statewide ticket.” Gov. Glenn Youngkin, Reid said, had asked him to […]

President Donald Trump speaks with reporters as he participates in a ceremonial swearing in of Paul Atkins as chairman of the Securities and Exchange Commission, in the Oval Office of the White House, Tuesday, April 22, 2025, in Washington. (AP Photo/Alex Brandon)
Opinion April 30, 2025

Trump’s tariffs echo Hoover-era economic missteps

Trump's 2025 tariffs trigger market turmoil, drawing comparisons to Hoover's Depression-era policies and warnings from economists and business leaders.

Virginia Business sales manager named sales professional of year
Industries April 13, 2025

Virginia Business sales manager named sales professional of year

Virginia Business won 12 awards in the Virginia Press Association‘s 2024 News & Advertising Contest, and Sales Manager Toni McCracken was named Outstanding Sales Professional of the Year, the state organization announced during an awards banquet held Saturday at the Omni Richmond Hotel. “Toni’s career in Virginia media sales is remarkable. She is a mentor, a […]

Elon Musk, left, shakes hands with President Donald Trump at the finals for the NCAA wrestling championship, Saturday, March 22, 2025, in Philadelphia. (AP Photo/Matt Rourke)
Our View March 31, 2025

Our View: Trump charts chaotic course in trade wars

Since taking office on Jan. 20 for his second term, President Donald Trump has steered the ship of state full speed on a seemingly chaotic course, mostly navigating an about-face from the Biden administration’s policies and only very occasionally zigzagging away from buffeting winds of public disapproval. In support of making progress on the administration’s […]

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Top Stories

Ex-Virginia House Speaker Gilbert resigns as U.S. attorney after 1 month

Ex-Virginia House Speaker Gilbert resigns as U.S. attorney after 1 month

Former speaker of the House of Delegates resigned after a little more than a month as U.S. attorney [...]

Aaron Noble, Virginia Tech professor and department head, (left) and Francisco Haussmann, project superintendent for Aclara Resources, in the Virginia Tech lab Aug. 14, 2025. Photo by Natalee Waters

Mining company partners with Virginia Tech on rare earths plant

Aclara plans to invest $10 million on rare earths separation pilot plant at Virginia Tech to boost U[...]

Mary Washington Healthcare, UMW plan to launch medical school

Mary Washington Healthcare, UMW plan to launch medical school

Mary Washington Healthcare is planning to partner with the University of Mary Washington to launch a[...]

Nexstar Media Group buying Tegna in deal worth $6.2 billion

Nexstar Media Group buying Tegna in deal worth $6.2 billion

Nexstar Media Group is buying Tysons-based broadcast rival Tegna for $6.2 billion, which will help s[...]

Best Products property in Henrico County. Rendering courtesy GreenCity Partners LLC

GreenCity developers and ASM Global settle $1.5M suit

On Friday, the developers of the GreenCity project and ASM Global, reached a settlement agreement in[...]

Elon Musk pulls back on threat to withdraw Dragon spacecraft

Musk’s SpaceX pans Virginia broadband plan as ‘massive waste’

Elon Musk's SpaceX wrote a letter this week slamming Virginia's federal broadband grant proposal. 

People

Peraton taps new chief growth officer

Peraton taps new chief growth officer

11/8/2025

Thalhimer taps new commercial property services leader

Thalhimer taps new commercial property services leader

5/8/2025

Dollar Tree promotes new chief legal officer

Dollar Tree promotes new chief legal officer

31/7/2025

Regions

Salem manufacturers plan expansions

Salem manufacturers plan expansions

Three advanced manufacturing operations with roots in Salem recently revealed plans to expand facili[...]

Port of Virginia nears finish of $450M dredging project

Port of Virginia nears finish of $450M dredging project

Seven years after the Port of Virginia launched a $450 million dredging project to become the deepes[...]

Trump coal policy changes could boost Southwest Virginia

Trump coal policy changes could boost Southwest Virginia

Southwest Virginia officials say President Donald Trump’s executive orders aimed at revitalizi[...]

Transco pipeline to expand for Virginia power demand

Transco pipeline to expand for Virginia power demand

In May, Tulsa, Oklahoma-based energy company Williams announced an expansion of its Transcontinental[...]


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