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Blue Ridge Bankshares CEO retires after turnaround
Blue Ridge Bankshares CEO and president Billy Beale retires after leading the bank through regulatory trouble and a return to profitability.
VCU hopes to acquire Altria building in Richmond for $150M
Virginia Commonwealth University has signed a letter of intent to acquire Altria Group’s building in downtown Richmond for $150 million.
Saks to close Tysons Galleria store, laying off 70 workers
Saks Global Enterprises announced that it plans to close its Saks Fifth Avenue store at the Tysons Galleria, laying off 70 employees.
Data centers, manufacturing drive growth in Central Virginia
Central Virginia's 2025 growth driven by major data center projects and manufacturing investments, including Google, AstraZeneca, and Eli Lilly expansions.
CoStar cuts Richmond jobs as Homes.com faces scrutiny
CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism over spending and strategy.
Saks to close Richmond store, laying off 40 workers
Saks Fifth Avenue will close its Richmond store, cutting 40 jobs as parent company seeks bankruptcy court approval.
Richmond public media company taps new CFO
VPM announced that longtime financial executive Ed Brown has joined the company as its new chief financial officer.
Universal Corp. names CFO after withdrawing offer to another
Universal Corp. names Steven Diel CFO after reversing a prior hire. He succeeds Johan C. Kroner, who will retire in July.
Cannabist Co. completes $130M sale of Virginia medical marijuana biz
The Cannabist Co. announced Thursday that it has completed the $130 million sale of its Central Virginia medical marijuana business
Virginia Chamber elects UVA Health exec as board chair
The Virginia Chamber of Commerce on Wednesday elected Jennifer Siciliano to chair its board of directors this year.
Swedish Match, Bear Express announce closings in Virginia
Swedish Match is closing its Richmond office, while Bear Express is closing its Norfolk and Virginia Beach facilities.
Former Dominion Energy tower in Richmond getting $158M makeover
The former Dominion Energy tower in downtown Richmond is undergoing a $158 million transformation that will result in a hotel and housing.
