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Home>Richard Foster

Richard Foster

[email protected]

Recent Articles from Richard Foster

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 […]

Photo by Randy Duchaine / Alamy Stock Photo
Real Estate February 13, 2024

CoStar Group moving global HQ to Arlington

UPDATED: Feb. 16, 10 a.m. CoStar Group, which already has a major presence in Richmond, will invest $20 million to move its global corporate headquarters from Washington, D.C., to Arlington County’s Rosslyn area, Virginia Gov. Glenn Youngkin announced Tuesday. Known for its online real estate marketplaces Apartments.com and Homes.com, the real estate analytics and data […]

Richard_573x573 copy
inside view January 30, 2024

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 […]

A rendering of Manassas aviation manufacturer Electra's commercial eSTOL aircraft. Image courtesy Electra.
Transportation January 25, 2024

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 President and CEO Jack Berry. Photo courtesy Richmond Region Tourism
Hotels/Tourism January 18, 2024

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 […]

TopDoctors_BADGE_2024
Cover Story December 31, 2023

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 […]

LegalElite_2023
features November 30, 2023

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 […]

small richard
Opinion July 30, 2023

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[...]

New Washington Commanders co-owner Magic Johnson appeared on NBC's "Today" show July 21.
News July 21, 2023

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 […]

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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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