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Milestones: Virginia companies celebrating big anniversaries in 2025
Even amid the AI revolution currently underway, there are viable signs of stability. The global AI market could grow twenty-fivefold — from $189 billion in 2023 to $4.8 trillion — by 2033, according to a report this year from the United Nations. Containing the largest concentration of data centers in the world, Virginia, too, has […]
Virginia logistics space squeezed by data center boom
After the COVID-19 pandemic struck, Virginia experienced a surge in demand for warehousing and distribution space driven by consumers shifting to the convenience of online shopping. In 2022, at the height of this boom, developers responded by rapidly adding new supply, with Richmond and Hampton Roads seeing dramatic increases in development of industrial spaces like […]
Fredericksburg weighs impact of federal job cuts
Northern Virginia politicians, all Democrats, started sounding the alarm immediately about federal job cuts and slashing of federal agencies’ budgets at the start of the second Trump administration in January. And there have been significant impacts in Fairfax and Arlington counties, as well as Alexandria, where the U.S. Department of Housing and Urban Development is […]
Phlow raises $37M in Series C round
Richmond-based pharmaceutical manufacturing company Phlow announced Tuesday that it had secured $37 million in a capital raise.
Reshoring manufacturing is one of President Donald Trump’s priorities
President Donald Trump wants manufacturing jobs to return to the U.S., but it's not as simple as that, experts say
Franchising offers entry point for Virginia entrepreneurs
Franchising surges in Virginia as entrepreneurs tap proven business models across several industries in 2025.
Virginia unemployment claims rise amid federal layoffs
Virginia jobless claims rose in early May, with experts citing federal spending cuts, tariffs and contract reductions as key factors in the surge.
In the Lead: Best Women-Owned Businesses
Meet 28 successful women-owned Virginia businesses, from tech startups to manufacturers, honored for leadership, resilience, and innovation.
Forty under 40: Celebrating the rising stars shaping Virginia’s future
Meet 40 young leaders transforming Virginia's business landscape. Honorees excel in fields like banking, health care, real estate and government.
White House decisions weigh heavily on Va., Hampton Roads economies, experts say
While federal workers ponder taking a buyout offer from President Donald Trump and a now-rescinded federal funding freeze memo caused confusion and worry over the status of major economic development projects in Virginia, economists at Old Dominion University say uncertainty in Washington, D.C., is the major factor affecting the state’s and Hampton Roads‘ economic futures […]
