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International Longshoremen’s Association (ILA) President Harold J. Daggett joined dockworkers on strike outside the gates at Maher Terminal in Port Elizabeth, New Jersey, on Oct. 2. Photo courtesy International Longshoremen’s Association
Oct 2, 2024

As dockworkers strike continues, experts weigh potential supply chain impacts

The situation remains at a stalemate following the first day of a historic strike by the International Longshoremen’s Association (ILA) at ports from Maine to Texas. Thousands of ILA members joined the picket line as a midnight deadline passed Monday evening — with no deal reached between ILA and the United States Maritime A[...]

Oct 1, 2024

HII’s Mission Technologies wins $458M DOD contract

Huntington Ingalls Industries’ McLean-based Mission Technologies division won a $458 million federal defense contract to modernize information technology architecture. Under the five-year task order, which HII announced Tuesday it had won, the division will use model-based systems engineering to develop, assess and implement t[...]

Oct 1, 2024

U.S. port strike starts; Port of Va. stops cargo operations

Oct. 3 update: Strike is suspended About 45,000 International Longshoremen’s Association (ILA) workers walked off the job midnight Tuesday at the Port of Virginia and every other major port along the East and Gulf coasts, launching the ILA’s first U.S. port strike in 47 years. Dockworkers hit the picket lines after t[...]

Sep 29, 2024

A glass half full

Robin Rogers beckons visitors on a summer hard-hat tour of the expanded Chrysler Museum’s Perry Glass Studio into the primary theater space. Though the space with a catwalk and second floor raked seating will hold 220 people, twice as many as the old space, it will retain the intimacy visitors have enjoyed during demonstra[...]

Sep 29, 2024

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 […][...]

Sep 29, 2024

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 for lead[...]

Sep 29, 2024

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 […][...]

Sep 27, 2024

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[...]

Sep 27, 2024

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[...]

Sep 26, 2024

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&[...]

University of Virginia Rotunda and Lawn. Photo courtesy University of Virginia
Sep 25, 2024

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 Report[...]

Aston
Sep 24, 2024

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,” Town[...]

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