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Recent Articles from Richard Foster
$5.4B Tegna sale is terminated
The deadline has expired on hedge fund Standard General LP’s $5.4 billion bid to acquire Tysons-based publicly traded broadcasting giant Tegna Inc. The largest owner of NBC affiliates, Tegna has 64 television stations in 51 U.S. markets and reaches 39% of all television households nationwide. The stalled agreement was terminated after the acquisition’s deadline expired […]
Virginia Business wins 18 Va. Press Association awards
Virginia Business won 18 awards in the Virginia Press Association’s 2022 News & Advertising Contest, taking a Best in Show prize for illustration and sweeping the News Writing Portfolio category, the state organization announced Saturday. The annual contest recognizes excellence in design, writing, photography, illustrations and advertising in participating publications across Virginia for t[...]
Our new AI overlords
A worker who never tires — who never needs to take a coffee break, who doesn’t get sick, who doesn’t disagree and who doesn’t have a messy home life or those pesky families that get in the way of productivity. And most importantly, a worker who doesn’t require a paycheck. For some CEOs, that’s the […]
The 23rd 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 20 categories of legal specialties. In compiling the Legal Elite, Virginia Business contacted more than 14,000 attorneys and more […]
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.
