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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 [&hellip[...]

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[...]

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 [...]

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 q[...]

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 Transport[...]

Illustration by Chris Danger
Sep 28, 2020

Is Trump good for business?

President Donald Trump entered the White House in 2017 with no political experience but a lifetime spent in business. Nearly four years later, with the incumbent Republican president up for reelection against Democrat Joe Biden, a former vice president who has been in politics for 50 years, Virginia voters are asking themselves:[...]

Children’s Home Society of Virginia CEO Nadine Marsh-Carter has worked to make her nonprofit’s board more racially diverse and reflective of the kids they serve. Photo by Matthew R.O. Brown
Aug 29, 2020

Moving the needle

A few years ago, Nadine Marsh-Carter and the staff of the small adoption agency she runs decided that to better represent the children they worked with, they needed board leadership that better reflected their clients. Founded 120 years ago, the Children’s Home Society of Virginia began with a focus on finding families to [...]

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Aug 29, 2020

Virginia 500

Welcome to the inaugural edition of the Virginia 500 — The 2020 Power List. Read more about the power list and how we assembled the Virginia 500. Below you will find links to each of the 20 categories featuring the state’s top business leaders. Living Legends Agriculture Arts | Entertainment | Sports Economic Development[...]

Busch Gardens Williamsburg remained closed in mid-July, the height of tourism season. Park President Kevin Lembke says COVID-19-driven state limitations on attendance don’t make it financially feasible to open the amusement park. Photo by Caroline Martin
Jul 29, 2020

(Re)open season

RELATED STORY: Busch Gardens set to reopen Aug. 6. Reclining against the Williamsburg greenery, the 180-foot-tall steel serpent awaits anyone brave enough to test their mettle against it. Measuring 3,300 feet in length and boasting a top speed of 73 miles per hour, it shares the name of a Roman temple dedicated to the gods: [&he[...]

Emergency room physician Dr. Sandy Simons treats COVID-19 patients at Bon Secours Richmond Community Hospital. Photo by Cade Martin
Jun 30, 2020

The front line

Before the pandemic, disaster meant something different to most people — even hospital workers. “It’s preparing for worst-case scenarios,” says Dr. Sandy Simons, an emergency room physician at Bon Secours Richmond Community Hospital. “When you talk about disaster medicine, you train for a bomb going off.”  A sin[...]

Sorry, we’re CLOSED
Apr 30, 2020

Sorry, we’re CLOSED

“April is the cruelest month,” T.S. Eliot wrote, but for the hospitality and tourism industries, the cruelty began in March. With conferences and conventions canceling reservations amid the pandemic, hotels and convention centers across the commonwealth have temporarily shut down operations, furloughing and laying off wo[...]

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