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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

News July 28, 2022

Top Five July 2022

The top trending stories on VirginiaBusiness.com from June 15 to July 14, 2022, were led by a surprise economic development announcement from a Danish toymaker known for its iconic and colorful interlocking plastic bricks. 1  |  Lego to build $1B factory in Chesterfield The Lego Group plans to erect a $1 billion toy manufacturing plant […]

News July 28, 2022

Out and about

Virginia Business held its 17th annual Virginia CFO Awards banquet at The Jefferson Hotel in Richmond on June 16. Sponsored by Truist and Brown Edwards, the event honored 51 CFOs from around the commonwealth, nominated in four award categories, representing a variety of for-profit businesses, nonprofits and government agencies. (See Pages 59-64 for the full […]

Raytheon Technologies is moving its corporate headquarters to Arlington in the third quarter, the company announced in June. Photo courtesy Raytheon Technologies Corp.
Northern Virginia June 28, 2022

Raytheon moving global HQ to Arlington

Raytheon Technologies Corp. announced June 7 that it will relocate its global headquarters from Massachusetts to Arlington in the third quarter of this year, a move that will make four of the top five U.S.-based aerospace and defense contractors headquartered in Virginia. Raytheon is the second-largest defense company in the world, just below Bethesda, Maryland-based […]

Regions June 28, 2022

FOR THE RECORD

Central Virginia  The state’s fiscal 2023-24 budget, approved June 1, contains funding that will benefit future redevelopment of the Central Virginia Training Center site in Madison Heights. Republican Sen. Steve Newman requested $25 million in state money to annul outstanding bonds associated with CVTC, a former state facility for people with intellectual disabilities that closed […[...]

Other June 28, 2022

Virginiabusiness.com Top Five July 2022

The top trending major business stories on VirginiaBusiness.com from May 13 to June 14 were led by the news that one of the three Frank Lloyd Wright-designed homes in Virginia was put on the market. 1  |  Virginia Beach’s Frank Lloyd Wright house listed for sale Completed in 1959, the 3,020-square-foot, semicircular home on Crystal […]

Industries May 29, 2022

Top Five stories, June 2022

The top trending major business stories on VirginiaBusiness.com from April 15 to May 14 were led by news of the merger of Roanoke-based Woods Rogers PLC and Norfolk-based Vandeventer Black LLP. 1  |  Woods Rogers, Vandeventer Black law firms to merge July 1 Woods Rogers Vandeventer Black will be the state’s fifth-largest firm, with a […]

For the Record May 29, 2022

FOR THE RECORD JUNE 2022

CENTRAL Richmond-based Dominion Energy Inc. asked the State Corporation Commission for permission in early May to increase Virginia residential customer bills by about $9 a month to account for rising fuel prices. According to federal data, Virginia already has high electric bills. Dominion cited dramatic increases in fuel prices stemming from the pandemic, inflation and […]

Generous Virginias
Generous Virginians Project May 29, 2022

The 50 largest Virginia charities

See the largest donations given to Virginia nonprofits by statewide individual donors, foundations and corporations.

Generous Virginias
Reports May 29, 2022

Generous Virginians: Donations by individuals and foundations

See Virginia’s 50 largest charities.

News April 28, 2022

Port of Virginia

In fiscal 2021, the Port of Virginia set cargo records, generating more than $100.1 billion in ancillary economic impact, according to a report from William & Mary’s Raymond A. Mason School of Business in conjunction with Glen Allen-based Mangum Economics. The six-terminal system generated 436,667 jobs, $47.4 billion in Virginia gross state product, $27.2 billion […]

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Top Stories

Out & About May 2022

DOJ opens 3rd probe of GMU in 3 weeks

The U.S. Department of Justice has launched a new investigation of George Mason University, the thir[...]

UVA Health University Medical Center CEO to depart

UVA Health University Medical Center CEO to depart

The UVA Health system is losing another top executive, as the University Medical Center CEO, Wendy H[...]

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Omniplex lays off 199 Chantilly workers

Chantilly-based security firm Omniplex World Services will lay off 199 employees on July 31, followi[...]

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

Virginia casinos report $78.5M in June revenue

June gaming revenues from Virginia’s three casinos totaled $78.5 million, down $6.9 million from M[...]

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DOJ withdraws from Sentara investigation

The federal government is withdrawing from intervening in a whistleblower complaint against Sentara [...]

Formerly ousted U.Va. president has questions about Ryan’s departure

Formerly ousted U.Va. president has questions about Ryan’s departure

Former U.Va. President Teresa Sullivan weighs in on Jim Ryan’s resignation, drawing on her own exp[...]

People

Carilion taps new chief nursing officer

Carilion taps new chief nursing officer

17/7/2025

Claude Moore foundation hires new exec director

Claude Moore foundation hires new exec director

15/7/2025

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CV International taps new CFO

10/7/2025

Regions

Frederick prepares for data center development

Frederick prepares for data center development

Increasingly, data center developers are eyeing sites in parts of the commonwealth outside Northern [...]

Officials envision new life for shuttered state campus

Officials envision new life for shuttered state campus

Summary CVTC closed in 2020, costing the region 1,600 jobs and $87M. Redevelopment plan envisions ho[...]

Post GreenCity, Henrico tries again

Post GreenCity, Henrico tries again

Henrico revives arena plans after GreenCity collapse, targeting a 17,000-seat venue by 2028 amid law[...]

$35B Capital One-Discover merger closes

$35B Capital One-Discover merger closes

McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Ser[...]


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