UR students launch food startup — for school credit and profit
Lindsay Batten never thought she’d become a CEO before leaving college, but the University of Richmond senior is beginning her final semester as head of a brand-new startup. The company — which will produce a newly conceived pesto Caesar salad dressing called Envee — is the result of a marketing class focused on entrepreneurship, Bench […]
FOR THE RECORD JANUARY 2025
CENTRAL VIRGINIA The City of Richmond and VCU Health plan to use a third-party mediator to settle their real estate dispute. VCU Health in 2021 agreed to pay the city $56 million as part of a deal to redevelop the former Public Safety Building plot. The deal never happened, and VCU Health agreed to pay […]
Directory of business schools in Virginia
(Editor’s note: Listings with logos and longer descriptions are paid listings from display advertisers.) PUBLIC COLLEGES & UNIVERSITIES (nonprofit, based in Virginia) CHRISTOPHER NEWPORT UNIVERSITY Joseph W. Luter III School of Business Newport News cnu.edu/schoolofbusiness Business programs: Bachelor’s degrees in accounting, finance, management and marketing. Graduate: Master̵[...]
Vibe check
No studies have found a higher prevalence of clairvoyance among labor market experts than in the average population. Since they can’t see the future, these professionals sift through data and surveys to figure out what the coming months may hold. Some reading these tea leaves have predicted employers may soon be suffering through another wave […]
Virginia rises to No. 2 in CNBC’s Top States for Business
Rated America’s best state for education, Virginia climbed to the No. 2 spot in CNBC’s 2023 Top States for Business rankings, with North Carolina taking the top spot for the second year in a row. “Virginia is our most decorated state, a five-time winner,” the cable business news network said Tuesday, “but you’ll pay dearly […]
Tysons alliance replaces biz partnership
It’s been a decade since Tysons unofficially dropped “corner” from its name amid plans by Fairfax County to transform the area into an urban live-work-play mecca anchored by four Metro Silver Line stations. As Tysons marches toward the county’s goal — laid out in its 2010 comprehensive plan — to grow to 100,000 residents and […]
Mighty Dream Day 2: Finding and seizing opportunities
The second day of Pharrell Williams‘ Mighty Dream Forum in Norfolk included poetry, news about Williams’ Something in the Water music festival and advice for entrepreneurs. Just as Mighty Dream’s first day was focused around a central theme of diversity and equity, the second day was largely dedicated to inspiring entrepreneurs to find and create […]
Dan Snyder may sell Washington Commanders
Daniel and Tanya Snyder are considering selling the Washington Commanders, the Ashburn-based NFL team announced Wednesday. They have hired Bank of America Securities “to consider potential transactions,” according to a news release. Dan Snyder has been under increasing pressure to sell the team in recent weeks, as both he personally and the team’s head office […]
Va. CEOs worry about inflation
Inflation is bad for Virginia businesses. That was the biggest takeaway from a survey of Virginia CEOs in July. The University of Richmond‘s Robins School of Business and the Virginia Council of CEOs administered the survey from July 7 to July 14, with 63 executives responding. “It is no surprise that inflation is hurting small […]
Va. hotels expect 28% drop in 2022 biz travel revenue
Virginia hotel revenue from business travel this year is projected to be down 28.3% from pre-pandemic levels, or about $674 million less than the $2.39 billion the lodging industry took in during 2019, according to a report released Tuesday by the American Hotel & Lodging Association and Kalibri Labs. Nationally, the associations forecasts a 23% […]
Va. CEOs expect sales to increase despite omicron effects
About 84% of CEOs reported an impact on their businesses from the omicron variant of COVID-19, but almost 60% expect sales to increase over the next six months, according to the fourth quarter CEO Economic Outlook survey conducted by the University of Richmond‘s Robins School of Business and the Virginia Council of CEOs (VACEOs). Of […]
Va. Chamber of Commerce elects next chair
The Virginia Chamber of Commerce elected Fred D. Thompson Jr. its 2022 chair on Tuesday. Thompson is chief administrative officer and a business partner at Reston-based Thompson Hospitality Corp. “Fred has been a vital member of the Chamber’s board of directors and executive committee for several years and is a valued leader in the business […]