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Departing Port of Virginia CEO to join ferrying company
Virginia Port Authority CEO Stephen A. Edwards, who announced in November that he would be stepping down at the end of the year, will be CEO of ferry infrastructure company Hornblower Group at the start of 2026.
JMU focuses on strengths for strategic planning
JMU President Jim Schmidt outlines plans to boost rural health care, expand nursing programs and strengthen civility on campus.
Investment advising in the AI era
When wealth advisers and clients meet these days, it‘s likely an AI tool will join in some capacity. As seems true of every industry right now, artificial intelligence is transforming wealth management and, by virtue, the adviser-client relationship. It might be tempting to predict — as some analysts have — that AI cou[...]
Virginia advisers outline 2026 investing strategies
One of the great ironies of investing is that even as the stock market notches record highs as it has this year, investors know the good times inevitably cannot last. If 2025 overpromised on uncertainty stemming from a new presidential administration, it also underdelivered on volatility. Aside from a steep — albeit short-live[...]
JLARC: Data centers received $2.7B in state tax cuts
A JLARC report shows Virginia data centers received $2.7B in tax exemptions from FY 2015–24, accounting for more than half of state incentive spending.
Raytheon joint venture wins $1.25B Israeli Iron Dome contract
Raytheon-Rafael Protection Systems has been awarded a $1.25 billion contract to supply Israel with Tamir surface-to-air missiles.
Henrico-based ASGN rebranding to Everforth
Henrico County-based IT and professional staffing firm ASGN will rebrand itself as Everforth in the first half of 2026.
Harris Teeter to lay off 91 Fairfax County employees
Harris Teeter will permanently close a fulfillment center in Fairfax County on Feb. 1, 2026, laying off 91 employees.
California business acquires Falls Church wealth management firm
Beacon Pointe Advisors has acquired Falls Church-based Hemington Wealth Management, adding $1.2B in assets.
RVA757 Connects strategy calls for more digital infrastructure along corridor
RVA757 Connects unveiled its 2035 Global Internet Hub Vision Plan to position the I-64 corridor as a hub for digital infrastructure.
Virginia casinos report $82M in October revenue
October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the Virginia Lottery released Friday.
Nexus Services exec sentenced to 6.5 years for employment tax fraud
Nexus Services exec Richard Moore sentenced to 80 months for tax fraud, misusing $3.1M in company funds for personal spending.
