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Home>Richard Foster

Richard Foster

[email protected]

Recent Articles from Richard Foster

What a difference a debate makes
Opinion September 29, 2024

What a difference a debate makes

Less than three months ago, President Joe Biden — you remember him, right? — stepped down from his bid for a second term and threw his support behind Democratic nominee Vice President Kamala Harris, radically redefining this fall’s presidential race. Just before that happened, we were beginning to write this month’s cover story about the […]

How we assemble the Virginia 500
Virginia 500 August 29, 2024

How we assemble the Virginia 500

Welcome to our fifth annual edition of the Virginia 500! For those who aren’t familiar with the Virginia 500, we like to say that it’s like the Fortune 500 but instead of companies, it’s about people — specifically, the most powerful Virginia executives and officials in business, nonprofits, higher education, government and politics. The list […]

A BridgeTower to the future
Our View August 29, 2024

A BridgeTower to the future

On July 31, Virginia Business turned the page on a new chapter in our 38-year history as the magazine became part of the BridgeTower Media family of companies. Headquartered in neighboring North Carolina, our new parent company is a portfolio company of Los Angeles private equity firm Transom Capital Group. BridgeTower owns 40-plus B2B media […]

Virginia Gov. Glenn Youngkin speaks on CNBC July 11, 2024, as Virginia is ranked the nation's top state for business for a record sixth time.
Economic Development July 11, 2024

Virginia is CNBC’s Top State for Business for record sixth time

Virginia regained its crown as the No. 1 state in CNBC’s annual America’s Top States for Business rankings released Thursday, winning the top spot for a record sixth time. The cable business news network once again praised Virginia for having “the nation’s best education system and policies that give companies room — both literally and […]

Dominion Energy issues RFP for small modular reactor at North Anna
Energy/Green July 10, 2024

Dominion Energy issues RFP for small modular reactor at North Anna

At an event with Virginia Gov. Glenn Youngkin and other state officials at its North Anna nuclear power plant in Louisa County, Dominion Energy announced plans Wednesday to potentially develop a small modular reactor (SMR) at North Anna. Dominion officials said they were issuing a request for proposals for the SMR from nuclear technology companies, […]

October 2023 Virginia Business cover
News June 22, 2024

Virginia Business wins three national journalism awards

Virginia Business won three national journalism awards June 21, placing silver in three categories at The Alliance of Area Business Publishers’ (AABP) 2024 Editorial Excellence Awards ceremony, held in Baton Rouge, Louisiana. The magazine took home a silver award in the Best Magazine Cover Category for the November 2023 cover, an AI-generated photorealistic illustration of […]

2024 Virginia Business CFO Awards. From left: Virginia Business President and Publisher Bernie Niemeier; Large company winner: Sean Daily, CAES; Nonprofit/Government winner: John Zabrowski, VHC Health; Small company winner: Joel Flax, Cohen Investment Group; Richard Foster, Virginia Business editor/chief content editor. Photo by Rick DeBerry.
News June 13, 2024

Virginia Business announces 2024 Va. CFO Awards winners

Virginia Business recognized some of the state’s top chief financial officers from nonprofits and businesses across the commonwealth Thursday at its 2024 Virginia CFO Awards ceremony. This year’s Virginia CFO Awards black-tie banquet — the largest annual gathering of CFOs in Virginia — was held at The Jefferson Hotel in Richmond. “Being nominated for these […]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac
Federal Contracting June 4, 2024

These 39 Va. companies made the 2024 Fortune 1000

Thirty-nine companies headquartered in Virginia are on Fortune magazine‘s 70th annual Fortune 1000 list, with 24 Virginia companies again making the elite Fortune 500. Several of the Virginia companies saw their fortunes rise this year on the list, with top-ranked Virginia company Freddie Mac moving up nine spots to No. 36 on the overall Fortune […]

OurView: What’s fueling your startup dream?
Columnists May 30, 2024

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 […]

July 2023 Virginia Business cover
News May 5, 2024

Virginia Business wins 16 Va. Press Association awards

Virginia Business won 16 awards in the Virginia Press Association’s 2023 News & Advertising Contest, the state organization announced Saturday. The annual contest recognizes excellence in design, writing, photography, illustrations and advertising in participating publications across Virginia for the previous calendar year. This year’s contest was judged by members of the Missouri [...]

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Top Stories

MacArthur Center mall was built in 1999. The city announced it will be demolished this year to make way for a redevelopment. Photo courtesy Norfolk Convention & Visitors Bureau Offices

Norfolk’s MacArthur Center to be demolished this year

The city of Norfolk announced Friday that it will close and demolish the MacArthur Center mall as pa[...]

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head Provisions reopened its Jarratt meat plant Monday, roughly a year and a half after clo[...]

Gov. Abigail Spanberger speaks during the InternshipsVA event Feb. 4, 2026, at the Omni Hotel Richmond. Photo courtesy Virginia Economic Development Partnership

State commits $14.5M yearly for new paid internship program

Virginia political, higher education and economic development leaders announced InternshipsVA, a new[...]

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google could spend $3B building Botetourt data centers

State documents reveal Google’s plan for a data center campus in Botetourt County that could cost [...]

Leadership: The Virginia Power 50 List

Henrico-based Arko launches IPO of petroleum subsidiary, seeks up to $910M

Henrico County-based Fortune 500 company Arko is seeking a valuation of as much as $910 million in i[...]

Photo by AdobeStock

Amazon to close five Virginia stores, cut nearly 700 jobs

Amazon plans to close five Amazon Fresh stores in Northern Virginia, laying off about 700 workers be[...]

People

The Virginia Chamber of Commerce on Wednesday elected Jennifer Siciliano to chair its board of directors this year.

Virginia Chamber elects UVA Health exec as board chair

5/2/2026

Kenneth Alexander. Photo courtesy Virginia Community College System

Norfolk mayor named Richard Bland College’s interim president

30/1/2026

Tina Leone. Photo courtesy River District Association

Danville’s River District Association has new leader

28/1/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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