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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Multimedia May 30, 2023

June 2023 Top Five Stories

The top five most-read daily news stories on VirginiaBusiness.com from April 15 to May 14 included the news that Richmond was likely to keep its Minor League Baseball team, even though its new stadium wouldn’t be ready until spring 2026, a year later than originally planned. 1   |   Richmond City Council approves Diamond […]

Start Virginia May 30, 2023

The elevator pitch

Virginia’s startup scene is rich with new businesses as diverse as the regions of the commonwealth. Virginia Business asked startups to send us their best pitches for what makes their businesses innovative, and we’ve spotlighted some of our favorites below. BABYLON MICRO-FARMS Richmond CEO: Alexander Olesen Founded: 2017 Capital raised: $15 million Employees: 35 About […]

Generous Virginians Project May 30, 2023

Donations by companies and corporate foundations

Check the numbers: Donations by individuals and family foundations; total corporate donations Read more: Mannings aim for biotech revolution with $100 million gift

Generous Virginians Project May 30, 2023

Donations by individuals and family foundations

Read more: Mannings aim for biotech revolution with $100 million gift Check the numbers: Donations by companies and corporate foundations; total corporate donations

Generous Virginians Project May 30, 2023

Total corporate donations

Check the numbers: Donations by companies and corporate foundations; donations by individuals and family foundations Read more: Mannings aim for biotech revolution with $100 million gift

For the Record May 30, 2023

For The Record June 2023

CENTRAL VIRGINIA Henrico County-based Fortune 500 tobacco manufacturer Altria Group Inc. settled at least 6,000 state and federal lawsuits related to its stake in Juul Labs Inc. for $235 million in May. The settlements will be paid in the second quarter of 2023. Altria purchased a 35% stake in e-cigarette company Juul for $12.8 billion […]

Generous Virginians Project May 30, 2023

Donations by independent foundations and groups

Start Virginia May 30, 2023

Ecosystem insights

Leaders from across Virginia’s entrepreneurial ecosystem discuss investing in new companies, challenges facing startups and advice for success. KAREN BOOTH ADAMS CEO, Hot Technology Holdings LLC Richmond What do you look for when you’re investing in a startup? The most important thing I look for when investing in a startup is the tenacity, drive, intelligence […]

Startups May 30, 2023

June 2023: Heard around Virginia

Agricultural biotech startup AgroSpheres will invest $25 million to expand in Albemarle County, creating an estimated 50 jobs, Gov. Glenn Youngkin announced May 4. The company, founded in 2016 by Payam Pourtaheri and Ameer Shakeel when they were undergraduates at the University of Virginia, will increase production at its facility at 1180 Seminole Trail and […]

Photo courtesy VMware Inc.
Virginia 500 May 30, 2023

Virginia 500 Spotlight: JENNIFER CHRONIS

FIRST JOB: Retail salesperson at The Fashion Factory in Burke HOBBY: Exercise in any form —walking, hiking, biking, swimming PERSON I ADMIRE: Abraham Lincoln, for leading our country through one of its darkest times, ending the Civil War and signing the Emancipation Proclamation WHAT I’VE LEARNED: Stay calm and keep everything in perspective. WHAT MAKES […]

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Top Stories

U.Va. Darden School dean reappointed to third term

U.Va. names next president, defying Spanberger

The University of Virginia's board named Darden School of Business Dean Scott Beardsley as the unive[...]

George Holm will transition to executive chairman of PFG on Jan. 1. Photo courtesy PFG

Performance Food Group announces Jan. 1 CEO transition

Performance Food Group names Scott McPherson CEO effective Jan. 1, 2026, as George Holm transitions [...]

Server room interior in datacenter. Depositphotos

Another massive data center campus proposed in Prince William

LSI 360 has filed an early planning application tied to a massive, proposed data center campus in we[...]

Port of Virginia nears finish of $450M dredging project

Federal employment, trade declined in 2025 in Virginia

Virginia saw some economic growth in 2025, but it was slow compared to 2024, and statewide unemploym[...]

Gov. Glenn Youngkin announced LS Cable & System's plans for additional facilities in Chesapeake at the Patrick Henry Building in Richmond on Dec. 12, 2025. Photo by Katherine Schulte/Virginia Business.

LS Cable to add $689M factory in Chesapeake, creating 430 jobs

LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilitie[...]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL

Mars completes $36B Kellanova acquisition

McLean-based candy and pet care giant Mars announced Thursday that it has completed its $36 billion [...]

People

SHRM Linkage has appointed Tracey Walker as its new CEO, effective. Dec. 3. Photo Courtesy SHRM Linkage

SHRM Linkage taps new CEO

19/12/2025

Science Applications International Corp. (SAIC) has tapped Peraton executive Ravi Dankanikote to be chief growth officer. Photo courtesy SAIC

Peraton executive returns to SAIC as chief growth officer

17/12/2025

Theodore “Ted” Tanner Jr. will join Leidos as CTO in January. Photo courtesy Leidos

Leidos names AI chief technology officer

15/12/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]


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