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Cover Story

Photo Illustration by Mark Jeffries
Jul 30, 2021

The Powell Memo

The Powell Memorandum has been praised and vilified, denounced as a blueprint for business to seize control of American life, and embraced as a way to protect liberty and free enterprise. Whether because of its lasting influence or alarming prescience, the Powell Memorandum has become one of the most important single documents i[...]

Photo by Adam Ewing
Jun 30, 2021

Shattering the glass ceiling

The COVID-19 pandemic has been unusually difficult for professional women, especially those with young children or other responsibilities, such as caring for older family members. Many had to leave work entirely or put pursuing their career goals on the back burner during the past year while handling personal duties at home. The[...]

Generous Virginias
May 31, 2021

The best of times?

The past year or so in America has often seemed a dark time, with headlines dominated by COVID-19, the tumult surrounding social justice issues and our deeply politically divided nation. Yet, it also has been a time of breathtaking generosity, as uber-wealthy philanthropists and well-heeled corporations have opened their wallets[...]

With more than 750,000 Twitter followers, MicroStrategy CEO Michael Saylor is said to have influenced Tesla CEO Elon Musk’s January move to invest $1.5 billion of Tesla funds in bitcoin. Photo by Erika Larsen/Redux
Apr 29, 2021

The Prophet

When Michael Saylor was a younger man, his good looks and cocky attitude drew comparisons to Tom Cruise. And like Capt. Pete “Maverick” Mitchell, Cruise’s flying ace of  “Top Gun” fame, Saylor is returning to screens everywhere after a decades long hiatus. Just over 20 years ago, Saylor was Northern Virginia’s premi[...]

China is historically Virginia’s top trading partner but it raised tariffs on Virginia exports such as soybeans and lumber in response to the trade war begun during the Trump administration. Photo courtesy Port of Virginia
Apr 29, 2021

A fair trade?

While President Joe Biden will likely strike a more diplomatic tone with China than his predecessor, economists and other observers believe the United States’ rocky trade relationship with its biggest economic rival will remain contentious — which will impact Virginia’s economy. Under former President Donald Trump, the U.S[...]

Mar 30, 2021

Eight over 80

What keeps a person working at an age when most of us are happy to let others take care of business? These overachieving Virginians, all over age 80, have remained hard at work mostly for one or more of three reasons. The first is being able to continue work with family. Retirement is rarely mandatory […]

In geIn general, Virginia’s economy is headed for a bright post-pandemic future, says Derek Klock, a professor at Virginia Tech’s Pamplin College of Business. But sectors like retail, hospitality and commercial real estate face tougher roads to recovery. Photo by Natalee Watersneral, Virginia’s economy is headed for a bright post-pandemic future, says Derek Klock, a professor at Virginia Tech’s Pamplin College of Business. But sectors like retail, hospitality and commercial real estate face tougher roads to recovery. Photo by Natalee Waters
Feb 28, 2021

The great transformation

It’s been a year since Virginia recorded its first COVID-19 case, and nearly all of us have embraced new ways of living — and working. But with each passing day, a return to some semblance of normalcy feels closer to our reach. Even in the face of emerging coronavirus variants, there’s reason to be hopeful […]

Thompson Hospitality Corp. President and Chairman Warren Thompson encourages aspiring entrepreneurs to work for a company in a particular sector before trying to make it on their own in that industry. Photo by Stephen Gosling
Jan 29, 2021

Leadership lessons

Warren Thompson got his start as an entrepreneur at age 16, buying out his family’s hog business. It was a sideline enterprise his father had started at their home in the Blue Ridge Mountains to supplement his income as a teacher. Today, Thompson is the president and chairman of Reston-based Thompson Hospitality Corp., the nat[...]

The Senate chamber in the Thomas Jefferson-designed Virginia State Capitol will remain empty during the 2021 regular session. Senators will meet at the Science of Museum of Virginia, which provides greater social distancing.
Dec 29, 2020

Short and … sweet?

Even before the pandemic and ensuing recession took hold in Virginia, 2020 already had the makings for a novel year in the General Assembly. Having won majorities in both houses in the November 2019 elections, Democrats took back full control of the legislature for the first time in a generation. With Gov. Ralph Northam in [&hel[...]

Phebe Novakovic Chairman and CEO General Dynamics Corp. Reston
Nov 29, 2020

War and peace

Like a lot of bosses in spring and summer 2020, Phebe Novakovic confronted challenges from the COVID-19 pandemic. It threatened lives and economies. Managers weren’t sure when some customers would be able to pay their bills. Employees were anxious; clients were understandably skittish. With travel shutting down, in-person sale[...]

Danville suffered from the closure of textiles mills in the early 2000s, says the city’s economic development director, Corrie Teague Bobe. Now Danville voters are deciding whether a $400 million casino and resort should be built on the former Dan River Mills industrial site in the Schoolfield area.
Oct 25, 2020

Viva Virginia

Danville once stood tall as a driver of Virginia’s economy, an epicenter both for textile production at Dan River Mills and for tobacco when it was still the commonwealth’s golden leaf. Both industries came crashing down in the 2000s. A rising tide of public sentiment led to tobacco’s decline, and the federal quota system [...]

The Hampton Roads Bridge-Tunnel is set to expand to eight lanes by 2025. Photo by Mark Rhodes
Sep 28, 2020

The big dig

With construction beginning this fall to expand the Hampton Roads Bridge-Tunnel (HRBT), relief is on the way for travelers weary of sitting in traffic jams along one of south-eastern Virginia’s most congested corridors. The $3.8 billion expansion is the largest project in the history of the Virginia Department of Transportatio[...]

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