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Recent Articles from Richard Foster
Saving grace
When Del. Don L. Scott Jr., D-Portsmouth, was sworn in on Jan. 10 as the first Black speaker of the house in the Virginia legislature’s 405-year history, he also was likely the first leader of that illustrious body to have served time in federal prison. Reminiscent of the literary trials of Jean Valjean, Scott’s is […]
Electra aircraft backlog hits $8B
Manassas-based aviation startup Electra.aero has surpassed 2,000 orders for the electric short takeoff and landing (eSTOL) aircraft it’s developing, totaling an $8 billion backlog, the company announced Tuesday. Electra signed a letter of intent in December 2023 to deliver its blown-lift, fixed-wing eSTOL aircraft to Finnish regional private air carrier startup Lygg, followed by similar [&he[...]
Richmond Region Tourism’s Berry to retire in June
After 32 years leading regional tourism efforts, Richmond Region Tourism President and CEO Jack Berry will retire on June 30. The organization’s board has named Executive Vice President Katherine O’Donnell as his successor, effective July 1. “The Richmond Region has enjoyed tremendous success over the past few decades on the tourism front, largely due to […]
Virginia’s Top Doctors
There are certainly many professionals who help people through personal or family crises, but no other provides direct aid to us from cradle to grave in the same way as medical doctors. Whether it’s to deliver your first child or treat a loved one with cancer, choosing a doctor can be a monumental decision. And […]
The 24th edition of the Virginia Business Legal Elite
Launched in cooperation with the Virginia Bar Association in 2000, Virginia Business‘ Legal Elite polls lawyers licensed to practice in Virginia each year, asking them to identify which of their peers are the top attorneys across 21 categories of legal specialties. In compiling the Legal Elite, Virginia Business contacted more than 14,000 attorneys and more […]
The antacid
For every parent who’s ever downed a Prilosec-and-Maalox cocktail while making out an eye-popping college tuition check, there comes a moment when they may look askance at how universities are spending their money. After all, the same schools that send entreaties to contribute to billion-dollar capital campaigns have dramatically increased tuition — and administrative compensation [&hellip[...]
Magic Johnson won’t rule out renaming Commanders
Could the Washington Commanders get a new name? NBA legend Magic Johnson, one of the Ashburn-based NFL team’s new co-owners, wouldn’t rule out the possibility during an interview Friday morning with Craig Melvin on NBC’s “Today” show. “Everything is on the table, right? Especially after the last year,” the former Los Angeles Lakers star point […]
NFL owners approve $6.05B sale of Washington Commanders
Dan Snyder‘s controversial 24-year tenure as the embattled owner of the Ashburn-based Washington Commanders has come to an end with the record $6.05 billion sale of the team — and a $60 million fine from the NFL. In a special meeting Thursday, all 32 NFL team owners unanimously approved the team’s sale to a partnership […]
Dominion sells interest in Md. LNG facility for $3.5B
Dominion Energy Inc. has sold its remaining interest in the Cove Point natural gas liquefaction facility in Maryland to Berkshire Hathaway Energy for $3.5 billion, the Richmond-based Fortune 500 utility announced Monday. Dominion will clear about $200 million from the sale, according to a company news release. Total after-tax proceeds of about $3.3 billion will […]
Virginia Business wins three national journalism awards
Virginia Business won three national journalism awards Monday during The Alliance of Area Business Publishers’ (AABP) 2023 Editorial Excellence Awards ceremony, held in Detroit. Virginia Business Deputy Editor Kate Andrews placed gold in the Best Coverage of Local Breaking News category for medium-size business publications for her coverage of the Nov. 22, 2022, workplace shooting […]
