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Recent Articles from Virginia Business
StartVirginia: Oct. 2022 Heard around Virginia
When Russia invaded Ukraine in February, Astraea Inc., a geospatial analytics startup based in Charlottesville, spearheaded an effort to provide free satellite imagery that could be used by Ukraine’s Ministry of Defense, as well as civilians and humanitarian organizations. The company’s platform allows users to see and analyze images of any location on the planet […]
September 2022 Top Five
The top five most-read daily news stories on VirginiaBusiness.com from Aug. 15 to Sept. 14 included two items focusing on TowneBank, the No. 1 bank in Hampton Roads by market share. 1 | TowneBank to acquire Farmers Bank Suffolk-based TowneBank agreed to acquire Windsor-headquartered Farmers Bankshares Inc., parent company of Farmers Bank, in a […]
Virginia 500 Spotlight: Mark C. Lowham
BEST ADVICE FOR OTHERS: You never learn anything when you are talking. FIRST JOB: Analyst for Kidder, Peabody & Co. in New York WHAT I WAS LIKE IN HIGH SCHOOL: Mr. Clean and a bit of a nerd, but I still managed to be elected student body president PERSON I ADMIRE: My father. He was […]
Executive insights
Virginia Business asked five Hampton Roads leaders to discuss how regional cooperation could directly impact their industries, how they’re coping with staffing shortages and what their hopes are for the region’s future. XAVIER BEALE Vice president of human resources and trades, Newport News Shipbuilding, Newport News Most Hampton Roads leaders say they’d like to see […]
Workforce development resources
The Apprentice School Founded in 1919, The Apprentice School in Newport News has trained 11,000 shipyard workers over its long history. The school at Huntington Ingalls Industries’ Newport News Shipbuilding division offers four-, five- and eight-year paid apprenticeships in 19 shipbuilding disciplines and eight advanced programs of study, including supply chain management and marine engineer[...]
For The Record: October 2022
CENTRAL VIRGINIA Fortune 500 used car online retailer Carvana Co. is more than halfway to its 400-employee hiring goal for its $25 million, 191,000-square-foot Chesterfield County inspection center, General Manager Robert Sheets said in August at the center’s ribbon cutting. Carvana has hired 240 employees and expects to reach 400 workers when it begins full […]
Out and About Virginia 500 2022 Power List Edition
On Sept. 14, Virginia Business held its Power Up networking reception, recognizing the executives named to the 2022 edition of the Virginia 500. During the event, which was held at the Boar’s Head Resort in Charlottesville, Virginia Business Editor Richard Foster recognized the lifetime achievements of the 22 leaders named to this year’s Virginia 500 […]
Out and About
1. Martinsville Speedway President Clay Campbell celebrates the raceway’s 75th anniversary on Sept. 7. 2. L to R: U.S. Sen. Tim Kaine, U.S. Secretary of Energy Jennifer Granholm and Virginia Transformer Corp. CEO Prabhat K. Jain cut ribbon on Aug. 25 at VTC’s Troutville facility for two new production lines that will support electric vehicle […]
Money matters
For the most part, the most prominent banking institutions in Hampton Roads stayed the same in fiscal year 2021, with Suffolk-based TowneBank holding the top market share of 27.49% (up nearly 2% from the Federal Deposit Insurance Corp.’s June 30, 2020, report) and second-place holders Truist and Wells Fargo banks with just below 20% each. […]
Virginia 500: The 2022 Power List
Who are Virginia’s most powerful and influential leaders in business, government, politics and education this year? Find out in the third annual edition of the Virginia 500: The 2022-23 Power List. Read more about how we assembled the Virginia 500 from our editor. And see a note from our publisher about the power of leadership. Executives […]
