Virginia Tech’s president defends NIH research funding
President Sands warns NIH cuts will harm research, national security, and Virginia Tech’s future as Trump-era policies challenge higher education.
Northern Virginia business leaders’ confidence drops in Q2
Business confidence in Northern Virginia declined in Q2 2025, with leaders citing federal layoffs, inflation and supply chain issues, a new survey shows.
Professional Services Council names ex-Trump official new CEO
The Professional Services Council has named former Trump official Jim Carroll as its new CEO, succeeding David Berteau after nine years of leadership.
DOJ demands University of Virginia prove it’s dismantling DEI
The University of Virginia's president received a letter from the U.S. Department of Justice's Civil Rights Division calling for the university to produce audio and video from a closed session of its board of visitors last month, as well as show evidence that every division of the university and its health system has dissolved and dismantled its diversity, equity and inclusion initiatives.
LS GreenLink breaks ground on $700M tallest structure in Virginia
LS GreenLink USA on Monday broke ground on the tallest structure in Virginia. Gov. Glenn Youngkin, Sen. Tim Kaine and several Chesapeake officials gathered at 1213 Victory Blvd. in Chesapeake to kickstart the construction of the company’s more than $680 million offshore wind subsea cable manufacturing facility, the first of its kind in the United States.
Wall Street rallies as companies keep piling up profits, for now at least
U.S. stocks are rallying further as better-than-expected profits for U.S. companies pile up, though CEOs say they’re unsure whether it will last because of uncertainty created by President Donald Trump’s trade war.
UPDATED: Virginia university presidents among petition signers decrying federal ‘overreach’
The presidents of the University of Virginia, Hollins University and Virginia Wesleyan University have signed a letter endorsed by more than 200 university presidents and other higher education leaders condemning what it calls the Trump White House's "unprecedented government overreach and political interference."
Trump says he has ‘no intention’ of firing Federal Reserve chair
President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after his statement that he would like to terminate the head of the U.S. central bank caused a stock market selloff. Trump told reporters, “I have no intention of firing him." The U.S. president had previously insinuated otherwise as he said he could fire Powell if he wanted to, having been[...]
Tesla Q1 profit falls sharply as it fights backlash tied to Musk’s role in Trump administration
Tesla's Q1 profit plunged 70% to $409M amid weak sales, backlash over Elon Musk's role in the Trump administration, and rising competition in the EV market.
Mitre-backed cybersecurity program gets last minute save
Federal contractor Mitre, which has dual headquarters in McLean and Massachusetts, expected Wednesday to lose the federal funding needed to operate and maintain its nearly 26-year-old Common Vulnerabilities and Exposures (CVE) program, but a last-minute reprieve from the Cybersecurity and Infrastructure Security Agency (CISA) has prevented that from happening. Established in September 1999, the CV[...]
Warner worried about Microporous $100M grant
U.S. Sen. Mark Warner, Virginia’s senior Democratic senator, is worried about the possibility of the Trump administration clawing back a $100 million federal grant awarded by the U.S. Department of Energy (DOE) to Microporous, the Tennessee company planning to invest $1.3 billion to build a lithium-ion battery separator facility at the Southern Virginia Megasite at […]
Musk could be headed for a Washington exit after turbulent times at Trump’s DOGE
WASHINGTON (AP) — DOGE’s days appear to be numbered. Elon Musk recently suggested that he will be done with his work in the near future. President Donald Trump told reporters this week that “at some point, he’s going to be going back” to running his companies. As far as the Department of Government Efficiency, Trump said “it will […]