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Home>Richard Foster

Richard Foster

[email protected]

Recent Articles from Richard Foster

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 […]

BLU04862-8
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 […]

small richard
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 [...]

RTSFQO5R
Northern Virginia April 29, 2024

Boeing CEO to step down by end of year

In late March, Boeing President and CEO Dave Calhoun said he would step down by the end of the year. The announcement came amid ongoing bad press over production problems and fallout from a high-profile January incident in which a 4-foot wall panel blew out of a Boeing 737 Max 9 jet cabin in mid-air. […]

Richard_573x573 copy
Editor April 1, 2024

Which way the Venn blows

It feels like one of those logic puzzles high school students grapple with on the SAT: If Delegate Sally passes a law to require utilities in her state to generate all their electricity from renewable, carbon-free energy sources like wind and solar by 2045, what is the latest year CEO Tom’s power plant can stop […]

Boeing CEO Dave Calhoun
News March 25, 2024

Boeing CEO Calhoun to step down by year-end

Amid ongoing bad press over production problems and fallout from a high-profile January incident in which a 4-foot wall panel blew out of a Boeing 737 Max 9 jet cabin in mid-air, Boeing announced Monday that its president and CEO, Dave Calhoun, would step down from his position leading the embattled Arlington County-based Fortune 500 […]

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Top Stories

Michael LaRouche. Photo courtesy Serco

Serco CEO is leaving to lead KBR spinoff

Serco CEO Michael LaRouche is leaving the company to lead the planned spinoff of KBR's Mission Tec[...]

At the Norfolk International Terminals, four ultra-large container vessel berths are in operation. Photo courtesy Port of Virginia

Virginia ranks No. 3 in CNBC Top States for Business list

Virginia is ranked third in the annual CNBC Top States for Business list, up one spot from last year[...]

Server room interior in datacenter. Depositphotos

Prince William supervisors reject another big data center project

The Prince William County Board of Supervisors on Tuesday night rejected a comprehensive plan amendm[...]

Depositphotos_323174070_S

Prince William Digital Gateway data center project officially dies

The controversial Prince William Digital Gateway, a proposed 23 million-square-foot data center comp[...]

Top-Projects-Header-Photo

2026 Top Projects & Real Estate Deals

Virginia’s commercial real estate developers, contractors and dealmakers delivered an impressive a[...]

An early conceptual plan for the Tuckahoe Technology Park. Image courtesy Goochland County

Tract planning 872-acre data center campus in Goochland

Denver-based data center developer Tract has proposed a 900-megawatt data center campus in eastern G[...]

People

Andrew Boyd

Tyto Athene taps former IBM executive as CEO

8/7/2026

Sally Coleman Selden became the University of Lynchburg‘s 12th president on July 1. Photo courtesy University of Lynchburg

University of Lynchburg’s 12th president assumes role

2/7/2026

Jessica Hersey. Photo courtesy CGI Federal.

CGI Federal names SVP of defense, intelligence, space

30/6/2026

Regions

Newport News, Virginia Tech and state officials on April 22 hold a ribbon cutting to celebrate SEFC’s opening. Photo by Josh Janney/Virginia Business

Energy tech hub opens in Newport News

The Secure Energy Future Center backed by Virginia Tech opens in Newport News with $2.7 million fund[...]

The new Volvo VNR 300 was introduced in February. Photo courtesy Volvo Trucks North America

Volvo Trucks’ Dublin plant rolls out regional hauler

Volvo Trucks North America’s Dublin plant has begun production of the new VNR regional hauler, boo[...]

Tenaska, a Nebraska energy company, hopes to build a battery energy storage project near Leesburg. Photo by Alamy

$750M battery storage project eyed in Loudoun

Energy company Tenaska is seeking approval for a $750 million, 425-megawatt battery energy storage p[...]

A rendering of Virginia Technology Park, a data center campus proposed in Frederick County Image courtesy Frederick County

Valley communities prepare for data centers

As interest in data centers grows across Virginia, Shenandoah Valley communities are debating how to[...]


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