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Saylor-led Strategy’s quarterly losses widen as bitcoin faces another reckoning
Strategy posted a wider fourth-quarter loss as bitcoin volatility dragged down the value of its massive crypto holdings, sending shares lower despite Michael Saylor’s confidence in long-term regulatory and institutional support.
Amid national shutdown, Bahama Breeze to lay off 62 in Woodbridge
Darden Restaurants, owner of the Bahama Breeze restaurant chain, announced Tuesday it is permanently closing or converting the Caribbean-inspired restaurants to other brands.
Action delayed on legislation that would give VSU control of VMI
A House subcommittee delayed action on legislation that would place Virginia Military Institute under VSU oversight.
CBN to lay off 8.4% of US employees
The Christian Broadcasting Network announced Tuesday that it is laying off about 8.4% of its United States-based workforce.
Dominion’s offshore wind price tag rises to $11.5B
Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project off Virginia Beach's coast increased from $11.2 billion to $11.5 billion.
As Costco rumors swirl, Botetourt OKs agreement
Costco rumors grow after Botetourt County approved an agreement for a national destination retailer near Interstate 81 in Daleville.
Virginians bet $7.68B on sports in 2025, up 10.9%
Sports betting revenue for 2025 was $787 million, up 27.4% from the year before.
Virginia not in recession, experts say, but significant challenges remain
An economic report from Old Dominion University’s Dragas Center for Economic Analysis and Policy does not forecast a recession for 2026, but that doesn’t mean it’s all sunshine and rainbows for Virginia’s economy.
Leidos to acquire utilities design firm for $2.4B
Reston-based Fortune 500 government contractor Leidos has entered an agreement to buy utilities infrastructure design firm Entrust Solutions Group for approximately $2.4 billion in cash, it announced Monday.
Leidos to lay off 93 workers at Ashburn security operation
Leidos plans to lay off 93 workers at its Ashburn site as U.S. Customs and Border Protection prepares a $100M contract recompete.
Virginia Democrats target military college’s funding after anti-DEI push
Virginia Democrats propose a task force to assess whether Virginia Military Institute should continue receiving state funds.
Spanberger appoints 27 university board members, including Northam
Gov. Abigail Spanberger wasted no time in naming 27 new members to the boards of George Mason University, Virginia Military Institute and the University of Virginia on her first day as governor.
