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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Real Estate 2024: MARK DAVID EIN

Founded in 1972, Kastle Systems is a building and security systems provider that employs 700 people, including more than 100 Virginians. An investor, entrepreneur and philanthropist, Ein also is a minority owner of the Washington Commanders as of 2023. Ein is founder and owner of MDE Sports, which owns the Mubadala Citi DC Open tennis […]

Real Estate 2023: CARL L. HARDEE
Virginia 500 August 29, 2024

Real Estate 2024: CARL L. HARDEE

Hardee has been with Lawson Cos. for more than half of its 52-year tenure, and he became president and CEO in 2016. He oversees a 190-employee real estate company specializing in the development, construction and management of affordable, low-income and market-rate multifamily housing communities. Although the company got its start in Hampton Roads and still […]

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Virginia 500 August 29, 2024

Education 2024: MARCIA CONSTON

Conston became TCC’s sixth president in January 2020, just before the pandemic. Laser-focused on ensuring student success despite the daunting challenge, she guided the college forward with a strategic plan — Innovate 2026 — and a vision “to be the community’s first choice for education, opportunity, partnership and innovation.” The second largest college in the Virginia […]

Virginia 500 August 29, 2024

2024 Virginia 500: Retail | Wholesale | Food | Beverage

ROBERT A. ‘BOB’ ARCHER CHAIRMAN, BLUE RIDGE BEVERAGE, SALEM     ELIZABETH ‘LIZA’ MYERS BORCHES PRESIDENT AND CEO, CARTER MYERS AUTOMOTIVE, CHARLOTTESVILLE     YOUNG CHOI PRESIDENT AND CEO, STARKIST, RESTON     REID A. BROWN PRESIDENT, BROWN DISTRIBUTING, RICHMOND MICHAEL DAVIS CEO AND PRESIDENT, CORT BUSINESS SERVICES, CHANTILLY     RICK DREILING CHA[...]

Transportation 2023: CHARLES W. McDANIEL
Virginia 500 August 29, 2024

Transportation 2024: CHARLES W. McDANIEL

McDaniel is Hilldrup’s fourth president since the Fredericksburg-based moving, storage and logistics company was founded in 1903. The McDaniel family has owned the company since 1940. McDaniel also chairs the board for UniGroup, the Missouri-based parent company of United Van Lines and Mayflower Transit. McDaniel has grown the company since starting his current position, generating […]

Leadership: The Virginia Power 50 List
Virginia 500 August 29, 2024

Banking | Finance 2024: RICHARD FAIRBANK

After earning an economics degree and an MBA from Stanford University over a decade, Fairbank landed at Virginia’s Signet Bank, where he co-created the business that became Capital One, the Fortune Global 500 credit card giant. Fairbank became CEO in 1994 during Capital One’s initial public offering. In 2023, the bank reported $36.8 billion in […]

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Virginia 500 August 29, 2024

Banking | Finance 2024: JAFFRAY WOODRIFF

In April, the University of Virginia opened the School of Data Science building, which was built using a portion of a $120 million gift in 2019 from the Quantitative Foundation, the family foundation of Woodriff and his wife, Merrill, who are both alumni. The donation remains the largest in U.Va.’s history. Woodriff started studying baseball […]

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Virginia 500 August 29, 2024

Hospitality | Tourism 2024: THOMAS J. BALTIMORE JR.

After completing major renovation projects at several properties in 2023, Park Hotels & Resorts reported higher first-quarter 2024 revenue per available room and occupancy compared to the same period in 2023. The company reported almost $2.69 billion in 2023 revenues, up from $2.5 billion in 2022. Park Hotels & Resorts also moved up 30 places […]

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Virginia 500 August 29, 2024

Government | Politics 2024: LUKE TORIAN

As chair of the House Appropriations Committee, Torian oversees the creation of the single biggest piece of legislation his chamber passes every year: the budget. Difficult in the best of times, the budget process in recent years has been complicated by divided state government. In 2023, with Republicans in control of the House of Delegates […]

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Virginia 500 August 29, 2024

Health Care 2024: AMY SAMPSON

For more than a year, Sampson has led the Children’s Hospital of The King’s Daughters, where she oversees 4,000 employees, but she has worked for the pediatric health system for nearly 35 years. Established in 1961, CHKD offers special units for neonatal and pediatric intensive care, cancer care, acute inpatient rehabilitation, medical and surgical care, […]

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Top Stories

Image by AdobeStock

Hampton Roads too reliant on federal dollars, economists warn

Economists warn that the Hampton Roads region is overly reliant on federal spending and is at risk i[...]

Trump administration threatens no back pay for federal workers in shutdown

Trump administration threatens no back pay for federal workers in shutdown

The Trump administration says furloughed workers aren’t guaranteed back pay during the shutdown, r[...]

A rendering of Colonna’s Shipyard’s latest investment, a new $70 million drydock currently under construction. Image courtesy Colonna's Shipyard

Colonna’s Shipyard invests $79M to build 4th drydock

Norfolk-based Colonna’s Shipyard announced Friday that it has invested $70 million to acquire its [...]

Health systems forecast pain from Medicaid cuts

Health systems forecast pain from Medicaid cuts

Virginia hospitals face closures as Medicaid cuts hit budgets; Augusta Health closes clinics, warns [...]

Brian Warpup inspects one of his soybean fields in Warren, Ind., Thursday, Sept. 11, 2025. (AP Photo/Michael Conroy)

Trump’s trade battle with China puts soybean farmers in peril

China stops buying U.S. soybeans, leaving Virginia farmers with fewer export markets. Simultaneously[...]

Trump slaps tariffs on drugs, furniture, trucks

Trump slaps tariffs on drugs, furniture, trucks

Starting Oct. 1, Trump will impose tariffs of up to 100% on drugs, cabinets, furniture and heavy tru[...]

People

Dale Wagoner plans to retire as CEO at the end of the year. Photo courtesy LMI

LMI CEO transitions to chairman

6/10/2025

Antonio Perez Jr. has been named General Manager of Rivers Casino Portsmouth. Photo courtesy RIvers Casino Portsmouth

Rivers Casino Portsmouth hires new general manager

2/10/2025

The Flagstop Car Wash location at 11031 Iron Bridge Road in Chester. Photo courtesy Flagstop.

Richmond-area car wash chain promotes CEO, other execs

30/9/2025

Regions

Digital Gateway opponents score legal win

Digital Gateway opponents score legal win

A Virginia judge voided the rezoning for the $500M Prince William Digital Gateway project, siding wi[...]

Federal funding repeals could halt rural broadband expansion

Federal funding repeals could halt rural broadband expansion

The much-heralded broadband expansion efforts in Southwest Virginia may not come to fruition after a[...]

Danville invests $3 million to prep Coleman site

Danville invests $3 million to prep Coleman site

In July, Danville City Council members OK’d an infusion of funding for 158 acres on Gypsum Road kn[...]

Data centers stir debate in Frederick

Data centers stir debate in Frederick

After rejecting two major data centers, Frederick County supervisors back a fact sheet to study impa[...]


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