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Workforce and entrepreneur development
The Apprentice School at Newport News Shipbuilding Founded in 1919, The Apprentice School in Newport News has graduated more than 11,000 apprentices over its long history. Part of Huntington Ingalls Industries’ Newport News Shipbuilding division, it offers apprenticeship programs and Associate of Applied Science degrees in 19 shipbuilding disciplines and eight optional advanced programs of […][...]
Lead generation
Imagine the opportunity to hear Thomas Jefferson speak on today’s most important societal issues. That’s exactly the aim of The Williamsburg Institute, a new collaborative effort between the Colonial Williamsburg Foundation and William & Mary. The nonprofit institute is aimed at providing immersive opportunities [...]
Executive insights
Virginia Business asked six Hampton Roads leaders to discuss how their organizations are contributing to the region’s success and meeting challenges such as sustainability, regional cooperation and workforce training. LAURA HAYES CHALK Executive director, Virginia Beach Vision, Virginia Beach Virginia Beach Vision is partly focused on resiliency and sustainability — what do you hope to […][...]
Sentara to cut 200 jobs across workforce
Sentara Health is cutting approximately 200 positions across its workforce, officials told employees this week. Most of the affected employees work for Sentara Health Plans and are based in Virginia, according to a statement issued Friday by the Hampton Roads-based health system. The cuts are related to the Medicaid redeterminat[...]
Va. Realtors: Home sales to increase 9.8% in 2025
Virginia Realtors forecasts a 9.8% year-over-year increase in home sales in 2025, according to its 2025 Economic & Housing Market Forecast, released Thursday. So far this year, housing sales in the state are outpacing sales last year (although the pace of sales is below the annual average) and are on track to be up 2.9% [&he[...]
Virginia ranks No. 8 in U.S. for VC investment
Virginia was ranked No. 8 in the nation for venture capital investment in 2023, marking the state’s highest rating so far and its first time back in the top 10 in the past 15 years, according to an announcement Thursday by Virginia Innovation Partnership Corp. (VIPC). Earlier this month, VIPC hosted an event at Amazon.com&[...]
15 Va. schools make U.S. News & World Report’s 2025 national universities list
Fifteen Virginia schools ranked on the U.S. News and World Report’s 2025 Best National Universities list released Tuesday. Several Virginia schools were noted on other education rankings released by the media company, including 16 Virginia colleges on the best national liberal arts colleges list. For U.S. News and World Re[...]
TowneBank to acquire Village Bank for $120M
Suffolk-based TowneBank has signed a definitive agreement to acquire Midlothian’s Village Bank and its parent company, Village Bank and Trust Financial, a deal worth approximately $120 million, the banks announced Tuesday. “Our TowneBank family is humbled and excited to partner with Village Bank and its team members,” [...]
Colbert leaves as CEO of Boeing’s defense, space sector
Theodore “Ted” Colbert III is no longer president and CEO of Boeing Defense, Space & Security, the Arlington County aircraft and aerospace manufacturer reported in a Securities and Exchange Commission filing Friday evening, Sept. 20. The announcement comes weeks after NASA decided it was unsafe to send two U.S. a[...]
Topsoe buys land for $400M plant in Chesterfield County
Topsoe, a Danish electrolyzer manufacturer, paid $4.95 million for about 57 acres in Meadowville Technology Park in Chesterfield County this summer, where the company plans to build a $400 million manufacturing plant. In April, Topsoe announced the investment, which is expected to create 150 jobs. The company will manufacture [...]
Summit for entrepreneurs planned for Danville
Two South Boston-based economic development organizations will host a summit for entrepreneurs and business leaders Oct. 19 at the Institute for Advanced Learning and Research in Danville. Launched by the SOVA Innovation Hub, a nonprofit working to drive economic transformation with digital skills and entrepreneurship, and RISE [...]
Chain Bridge Bancorp plans to go public
Chain Bridge Bancorp, the McLean holding company for Chain Bridge Bank, National Association, is planning to go public. On Friday, the company filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of Class A common stock. The number of shares and price range for the IPO[...]
