Recent Articles from Richard Foster
2022 Political Roundtable: Red wave? Maybe a puddle
On balance, Democrats came out winners in the 2022 midterm elections, having staved off a widely forecast “red wave” of Republican victories, according to panelists at Virginia Business’ annual Political Roundtable, held Wednesday, Nov. 9, in Richmond. The idea of a red wave or “red tsunami” was “perhaps … a bit of a myth … […]
Mighty Dream Day 1 focuses on diversity, equity
Grammy winning music superstar Pharrell Williams put on his business hat Tuesday in Norfolk, welcoming attendees to his Mighty Dream forum, which he likened to an event like the World Economic Forum in Davos, Switzerland, “but for marginalized communities.” The three-day forum kicked off with spoken-word poetry and a mighty boom of drums and crash […]
Virginia Business wins national awards for writing, design
Virginia Business won two national journalism awards Saturday during The Alliance of Area Business Publishers’ (AABP) 2022 Editorial Excellence Awards ceremony, held in Columbus, Ohio. Former Virginia Business Deputy Editor Rich Griset placed silver in the Best Body of Work, Single Writer category for feature articles including his May 2021 cover story profile of MicroStrategy […]
Parsons to acquire Xator for $400M
Parsons Corp., a Centreville-based federal contractor specializing in technology-focused defense, intelligence, security and infrastructure engineering, has entered into a definitive agreement to acquire Reston-based Xator Corp. for $400 million, the company announced Monday. Founded in 1944, Parsons is a publicly traded Fortune 1000 corporation with more than 16,000 employees working in 24 nation[...]
VCU holding 29th Real Estate Trends Conference
Speakers will address economic trends and cities as a service.
Altria and Philip Morris International end merger talks
The two companies will partner on bringing heated IQOS tobacco device to market in the U.S.
Joint venture acquires 27 properties for $205 million
Assets totaling 3.3 million square feet are located in 15 states.
Block.one locating U.S. headquarters in Arlington County
Peter Thiel-backed blockchain tech company will create 170 new jobs.
Smithfield Foods donates $75,000 to The Faison Center
Donation will support outdoor learning space at center serving children and adults with autism.