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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

2025 Living Legends: MORRIS, NIGEL
Living Legends 25 September 1, 2025

2025 Living Legends: MORRIS, NIGEL

In 1994, Morris co-founded Capital One Financial with Richard Fairbank, who remains the credit card giant’s chairman and CEO. Morris served as Capital One’s president and chief operating officer until 2004, when he decided it was time for something new. In 2007, Morris partnered with Frank Rotman to launch QED Investors, a fintech venture capital […]

2025 Living Legends: THOMPSON, BRUCE L.
Living Legends 25 September 1, 2025

2025 Living Legends: THOMPSON, BRUCE L.

One of Hampton Roads’ most prominent developers and hoteliers, Norfolk native Thompson is best known for developing the Cavalier Resort, which includes the restored historic Cavalier Hotel as well as two new hotels, restaurants and residences on 21 acres at the Virginia Beach Oceanfront, a $435 million project. Thompson opened his first hotel in the […]

2025 Living Legends: SANGHANI, MEHUL P.
Living Legends 25 September 1, 2025

2025 Living Legends: SANGHANI, MEHUL P.

Sanghani announced his departure in February from the technology firm he founded nearly 20 years ago, writing, “Octo is not just something I built; it’s a part of me, as essential as any bodily organ. It is not something that can ever be transplanted or excised.” Sanghani was born in India and raised in Blacksburg, […]

2025 Living Legends: STRAVITZ, DR. R. TODD
Living Legends 25 September 1, 2025

2025 Living Legends: STRAVITZ, DR. R. TODD

A former liver surgeon who led VCU Health’s liver transplant program, Stravitz is now a prominent philanthropist who has made record-setting donations to William & Mary and Virginia Commonwealth University. A graduate of W&M and New York University’s medical school, Stravitz donated $104 million in 2022 to establish the Stravitz-Sanyal Institute for Liver Disease and […]

2025 Virginia 500: Living Legends
Living Legends 25 September 1, 2025

Living Legends 2025: Past Honorees

Return to the full list of this categories recipients

2025 Living Legends: PAULETTE, WILLIAM A. ‘BILL’
Living Legends 25 September 1, 2025

2025 Living Legends: PAULETTE, WILLIAM A. ‘BILL’

In 1975, armed with $1,000 to invest, Paulette laid the foundation for what would become KBS. What started as a one-person company with an office in a sheet-metal shop has grown to a top-ranked mid-Atlantic construction firm, with $321 million in annual revenue and 110 employees in offices in Richmond and Virginia Beach. Its notable […]

2025 Living Legends: UKROP, ROBERT S. ‘BOBBY’
Living Legends 25 September 1, 2025

2025 Living Legends: UKROP, ROBERT S. ‘BOBBY’

Although his family’s eponymous grocery chain has been out of business since 2009, Ukrop has continued his family’s legacy through the Ukrop’s Homestyle Foods brand of prepared foods and bakery operations, launched in 2010. Known for its fried chicken, potato wedges, rainbow cookies and White House Rolls, Ukrop’s products are regionally available at Kroger, Wegmans, [&helli[...]

2025 Living Legends: ARCHER, ROBERT A. ‘BOB’
Living Legends 25 September 1, 2025

2025 Living Legends: ARCHER, ROBERT A. ‘BOB’

Archer’s career began after earning a business degree in 1969, followed immediately by military service and a tour in Vietnam. Upon his discharge in 1972, Archer was named general manager and vice president of Blue Ridge Beverage, the wholesale beer, wine and nonalcoholic distributorship his family has owned and operated since 1959. He became chairman […]

2025 Living Legends: BARRY, CAROLYN AND RICHARD F.
Living Legends 25 September 1, 2025

2025 Living Legends: BARRY, CAROLYN AND RICHARD F.

Longtime Hampton Roads residents, the Barrys made a $35 million donation to Old Dominion University in 2016, then the Norfolk university’s largest individual gift, which funded the Barry Art Museum. Richard “Dick” Barry, whose father was a math professor at ODU, retired as vice chairman of Landmark Media Enterprises in 2010, and Carolyn Barry, a […]

BridgeTower Media acquires Grace Media, leader in window coverings industry
latest news August 6, 2025

BridgeTower Media acquires Grace Media, leader in window coverings industry

BridgeTower Media — parent company of Virginia Business and a leading provider of business intelligence, marketing solutions, and events across more than 40 specialized B2B brands — has acquired Grace Media, the company behind the International Window Coverings Expo (IWCE) and Window Fashion VISION magazine, including its digital platform www.wf-vision.com. As the premier annual event [&hellip[...]

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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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