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Speyside Bourbon Cooperage to lay off 52 in Atkins
Speyside Bourbon Cooperage will lay off 52 employees and end production at its Atkins facility April 23.
Virginia economy to slow in 2026, U.Va. experts forecast
Weldon Cooper forecast projects Virginia GDP slowing in 2026, unemployment rising and housing prices dipping before rebounding in 2027.
BlackRock consortium to purchase AES for $10.7B
Arlington power company AES is set to be purchased by a BlackRock-led consortium and go private by early 2027.
Emerald AI raises $22.7M, new SEC filing reports
Emerald AI has raised about $22.7 million in new funding, according to a Feb. 20 filing with the Securities and Exchange Commission.
Maritime manufacturing startup to invest $10.5M in Portsmouth
Radian Forge will invest $10.5M to grow its Portsmouth manufacturing operation to meet U.S. Navy production needs.
VSU gets pledge of $1.5M in largest gift ever from living alumnus
Virginia State University received a $1.5 million pledge from alumnus Charlie Hill, marking the largest gift ever from a living VSU graduate.
CarMax to pay nearly $500,000 in DOJ settlement
CarMax has agreed to pay nearly $500,000 to settle allegations that it violated the Servicemembers Civil Relief Act.
JCPenney closes Springfield location, laying off 74
National department store chain JCPenney will close its Springfield Town Center location on May 29, laying off 74 workers.
RIFA backs incentives deal for Pittsylvania industrial site
The Staunton River Regional Industrial Facility Authority approved a performance agreement in advance of an announcement from the governor.
Tazewell court again blocks Virginia redistricting vote after RNC sues
A Tazewell County Circuit Court judge has issued a temporary restraining order blocking a special election in April that could redraw Virginia's congressional districts.
Amentum to move headquarters to Reston
Chantilly-based government contractor Amentum announced Thursday that it will open a new worldwide headquarters in Reston in early 2027.
Norfolk airport debuts $25M international arrivals facility
Norfolk International Airport on Wednesday celebrated the opening of its new $25 million international arrivals facility.
