Carnival, Norwegian cruise lines to boost Norfolk calls
Carnival Cruise Line announced this week that one of its popular ships, the Carnival Freedom, will make its homeport in Norfolk next year.
Virginia’s Performance Food Group exploring merger with US Foods
Performance Food Group has entered into an agreement with US Foods to begin sharing information, hinting at a possible merger.
Hodges Partnership sold to 4 SVPs
Ownership of The Hodges Partnership will transition within the firm, the Richmond-based public relations firm announced Wednesday.
Ex-Mars executive pleads guilty to $28M fraud scheme
BRIDGEPORT, Conn. (AP) — A former executive for a subsidiary of candymaker Mars Inc. pleaded guilty Thursday to fraud and tax charges in connection with his theft of $28 million from the company, federal prosecutors said. Paul Steed, 58, appeared in federal court in Bridgeport, Connecticut. He also agreed to pay $28.4 millio[...]
UVA Health University Medical Center taps interim CEO
UVA Health has tapped longtime health care executive Teresa L. Edwards to serve as interim CEO of its University Medical Center.
Fed’s Fifth District sees modest growth
The Federal Reserve’s Fifth District saw its economy grow modestly in recent weeks, according to the latest edition of the Fed’s Beige Book.
Arlington pays Amazon HQ2 incentives for first time
For the first time since approving Amazon’s HQ2 incentive package, Arlington County will finally pay Amazon a check — more than $81,000.
Nuclear fusion company raises $863M, much bound for Chesterfield
Massachusetts-based fusion energy company Commonwealth Fusion Systems announced that it raised $863 million in a Series B2 fundraising round.
Law firms integrate AI into daily practices
Virginia attorneys say AI is changing law for the better, boosting efficiency and reshaping law schools, billing, ethics and client access.
CoStar completes $1.9B acquisition of Domain
CoStar Group announced Wednesday that it has completed its $1.9 billion acquisition of Australian property listings platform Domain.
Luminoah wins Virginia Startup World Cup
Charlottesville-based medical technology company Luminoah won first place at the Virginia Startup World Cup.
Federal officials to take over inspections when troubled Boar’s Head plant reopens
Federal inspectors will assume direct oversight of a troubled Boar’s Head deli meat plant when it reopens after last year’s deadly listeria outbreak, U.S. Agriculture Department officials said. The Jarratt, Virginia, factory is set to resume operations in the coming months. It will face at least 90 days of heighte[...]