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Home>Richard Foster

Richard Foster

[email protected]

Recent Articles from Richard Foster

OurView: Will AI spell lights out for white-collar workers?
Our View September 1, 2025

OurView: Will AI spell lights out for white-collar workers?

Perhaps the greatest symbol of tech companies’ uncanny valley visions for the AI-powered future are dark factories — also called lights-out factories, these AI-managed manufacturing plants are so fully automated that machines perform their work in full or near darkness 24 hours a day, seven days a week, without breaks — and largely without humans. […]

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 […]

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Top Stories

United States Federal Communications Commission logo and U.S. flag are seen in this illustration taken April 23, 2025. REUTERS/Dado Ruvic/Illustration

FCC approves $3.5B sale of Tegna to Nexstar despite state objections

The FCC approved Nexstar's $3.54 billion acquisition of Tegna, expanding its reach to 80% of U.S. TV[...]

The Lego Group has already hired more than 500 workers in the Richmond region as it builds its $1 billion Chesterfield County factory. Photo courtesy The Lego Group

Lego to double Chesterfield workforce to 900 by end of year

The Lego Group expects its workforce at the $1 billion Chesterfield facility under construction to g[...]

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

State approves three Chesterfield hospital projects, totaling $672M

Virginia State Health Commissioner Cameron Webb last week signed off on three Chesterfield County ho[...]

A slot machine

Tysons casino bill clears General Assembly

Virginia lawmakers approved a bill allowing a Fairfax County referendum on a Tysons casino. The meas[...]

Default Alt Text

With Assembly passage, Virginia inches closer to cannabis retail sales

Virginia lawmakers approved a bill to regulate adult-use cannabis retail sales, establishing taxes a[...]

Depositphotos

Virginia House and Senate clash over data center tax breaks

A fight between the Virginia House and Senate over a tax break for data centers has brought budget n[...]

People

Rooksby.   Photo courtesy of the University of Richmond

Gonzaga dean to head up University of Richmond School of Law 

20/3/2026

New president of Massimo Zanetti Beverage USA

Portsmouth coffee manufacturer announces new president

19/3/2026

L to R: Harry Golliday and William "Billy" Beale. Photo courtesy Blue Ridge Bankshares

Blue Ridge Bankshares CEO retires after turnaround

16/3/2026

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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