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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Virginia 500 August 29, 2024

Government | Politics 2024: GLENN YOUNGKIN

Youngkin’s victory in the 2021 gubernatorial race catapulted the former co-CEO of the Carlyle Group into the national spotlight. Politicos quickly seized on the affable businessman as a potential alternative to Donald Trump as the 2024 Republican presidential candidate, a possibility Youngkin neither openly embraced nor disavowed. But any hopes he may have had of […]

Virginia 500 August 29, 2024

Law 2024: VICTOR O. CARDWELL

A native of Lynchburg, Cardwell was chair of the board of directors of Roanoke law firm Woods Rogers in 2022, a position he held onto after the merger of his firm and Norfolk’s Vandeventer Black that year. Cardwell, who became the first Black president of the Virginia Bar Association in 2022, continues as a leader […]

Virginia 500 August 29, 2024

Banking | Finance 2024: VICTOR K. BRANCH

This year, Branch celebrates his 40th year at Bank of America. Since 2015, he has served as president of the bank’s Richmond market. He’s also chair of the Virginia Bankers Association board, which approved a merger with the Maryland Bankers Association to create the Mid-Atlantic Bankers Association holding company in July. A William & Mary […]

Virginia 500 August 29, 2024

Banking | Finance 2024: DIETRICH KUHLMANN

Kuhlmann took the helm at the credit union March 1, replacing Mary McDuffie, who was Navy Federal’s first woman CEO. She retired after 25 years with the financial institution, including five as CEO. After retiring from the U.S. Navy as a rear admiral, Kuhlmann joined Navy Federal in 2019 as head of branch operations. He […]

Virginia 500 August 29, 2024

Economic Development 2024: JONATHAN S. BELCHER

As leader of the Virginia Coalfield Economic Development Authority since 2006, Belcher has helped bring new jobs to Southwest Virginia through numerous economic development deals. Two notable job announcements in the past year have included 170 jobs at data center company Tate in its access floors division, announced in November 2023, and 75 jobs accompanying […]

Virginia 500 August 29, 2024

Health Care 2024: ERIK SHANNON

Shannon has overseen this division of UVA Health since October 2021, starting as an interim chief executive and then as permanent CEO. UVA Community Health includes three Northern Virginia hospitals — Prince William Medical Center, Haymarket Medical Center and Culpeper Medical Center — as well as an integrated network of medical practices, cancer care and […]

Virginia 500 August 29, 2024

Real Estate 2024: ROBERT C. ‘BOB’ KETTLER

While a student at George Washington University in 1974, Kettler got his start in real estate by remodeling apartments. A third-generation builder and the product of a long line of real estate developers, he left school to focus on work. After discovering a passion for community development, he founded real estate development company Kettler in […]

Virginia 500 August 29, 2024

Real Estate 2024: ALBERT G. ‘BEAU’ VAN METRE JR.

Van Metre’s late father founded his family real estate development company in 1955, partnering with B.B. Wills to build the first Van Metre Homes in Burke, a Fairfax County suburb. Beau Van Metre joined the company in 1963. In 2002, he was appointed vice chairman, and he became chairman in 2008. Today, the company has […]

Virginia 500 August 29, 2024

Transportation 2024: STEPHEN C. BRICH

With 26 years in transportation, Brich oversees VDOT’s almost 58,000 miles of road, 21,000 bridges and other structures, six tunnels and three ferry systems. Appointed in 2018, he manages approximately 7,700 VDOT employees and an $8 billion annual budget for the nation’s third largest transportation agency. April 17 was a monumental day in the history […]

Virginia 500 August 29, 2024

Living Legends 2024: RALPH SAMPSON

University of Virginia basketball legend Sampson already has made his stamp on state history. After winning three Naismith Awards as the National Player of the Year, the 7-foot-4 Sampson graduated from U.Va. in 1983 and played for the Houston Rockets through 1987. The Harrisonburg native won the NBA Rookie of the Year award in the […]

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Top Stories

Gov. Glenn Youngkin and state and Amazon officials ceremonially break ground for the Amazon.com fulfillment center in Goochland County on May 14, 2025. Photo courtesy Amazon

Amazon fulfillment center in Goochland to create 1,000+ jobs

Gov. Glenn Youngkin participated Wednesday in a ceremonial groundbreaking for Amazon.com's 3.1 milli[...]

Eric Scorsone is the executive director of the Weldon Cooper Center for Public Service at the University of Virginia. Photo courtesy U.Va.

Virginia could lose 32,000 jobs in 2025, U.Va. estimates

Virginia may lose 32,000 jobs in 2025 amid federal cuts and rising unemployment, according to a new [...]

FILE - A Microsoft sign and logo are pictured at the company's headquarters, Friday, April 4, 2025, in Redmond, Wash. (AP Photo/Jason Redmond, File)

Microsoft to lay off about 3% of its workforce

Microsoft cuts nearly 6,000 jobs—about 3% of its workforce—in its largest layoff since 2023, imp[...]

US and China take a step back from sky-high tariffs and agree to pause for 90 days for more talks

The U.S. and China agreed to cut tariffs and pause their trade war for 90 days, calming markets and [...]

CoStar Group Inc. plans to add 750,000 more square feet to its holdings in Richmond, adding an estimated 2,000 jobs. Rendering courtesy CoStar Group Inc.

CoStar to purchase Australian property listings platform for $1.9B

Arlington County real estate data firm CoStar Group announced Friday it has signed a deal to acquire[...]

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

People

Sarah Muse and Carter Whitelow have joined the Virginia Chamber of Commerce. Photo Courtesy Virginia Chamber of Commerce

Virginia Chamber adds two execs to its team

14/5/2025

Lynchburg-based BWX Technologies has named Chief Accounting Officer Mike T. Fitzgerald as the interim CFO. Photo courtesy BWX Technologies

BWXT CFO steps down

12/5/2025

Karen Horn Welch. Photo courtesy University of Richmond

University of Richmond office hires CIO for endowment, assets

8/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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