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Introducing Behind the Deal: A new feature for showcasing your business deals
Mar 4, 2025

Introducing Behind the Deal: A new feature for showcasing your business deals

Virginia Business and BridgeTower Media are pleased to introduce our new BTM Behind the Deal program, which will allow Virginia law firms and other organizations to spotlight their successful business deals — mergers, acquisitions, divestitures, financings, initial public offerings, etc. — for the local legal and business co[...]

Norfolk casino hires general manager
Mar 3, 2025

Norfolk casino hires general manager

Ron Bailey has been selected as vice president and general manager for Norfolk’s forthcoming casino, its operators announced Monday. He most recently was vice president and general manager of the Valley Forge Casino Resort in Pennsylvania, which is owned by Boyd Gaming, a partner in the $750 million Norfolk resort with the[...]

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Feb 28, 2025

New indoor farming operation to bring 118 jobs to Carroll County

U.K.-based business development firm Oasthouse Ventures, which specializes in low-carbon greenhouses, is investing $104.8 million to construct its first U.S.-based controlled environment agriculture operation in Carroll County, where it plans to produce tomatoes. Gov. Glenn Youngkin announced Friday that the project will initial[...]

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Feb 27, 2025

CoStar eliminates some jobs, but plans to add about 1,000 jobs

Arlington County-based real estate data and analytics company CoStar Group on Thursday announced several substantial changes to its Virginia workforce, including the elimination of some jobs and the addition of others. The company said it plans to fill more than 1,000 new positions predominantly in Richmond, including 500 new Ho[...]

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Feb 26, 2025

Pope no longer COO at Boeing but remains head of commercial airplanes unit

Arlington County-based Fortune 500 aerospace company and defense contractor Boeing announced Tuesday that Stephanie Pope is no longer the company’s chief operating officer but still leads its commercial airplane unit, as of Feb. 19. According to an SEC filing posted Tuesday evening, Pope will no longer hold the COO title b[...]

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Feb 25, 2025

Virginia Tech’s Innovation Campus launches in Alexandria

Virginia Tech’s Walid Saad was used to traveling between the university’s locations in Arlington and Fairfax counties to meet students and teach classes. Saad, a professor of electrical and computer engineering, works at the intersection of wireless networking and artificial intelligence, including using quantum tech[...]

Photo courtesy VCU University Relations
Feb 25, 2025

VCU Health resumes gender-affirming care for existing patients, following U.Va. decision

VCU Health and the Children’s Hospital of Richmond at VCU announced Tuesday that the system will resume gender-affirming medical treatments for people under 19 if they are existing patients, but the system will not offer gender-affirming surgeries or medically treat new young patients. VCU Health and UVA Health suspended a[...]

Central Va. Year-in-Review: Region scores in manufacturing, data centers
Feb 24, 2025

Conn. developer files amended complaint in $40M Diamond District lawsuit

After a Richmond Circuit Court judge dismissed a Connecticut developer’s $40 million lawsuit over the city’s $2.44 billion Diamond District project, the developer has filed an amended complaint with a change in language. Judge Bradley B. Cavedo ruled Jan. 22 in favor of defendants Thalhimer Realty Partners, a subsidi[...]

Virginia lawmakers delay human trafficking training for short-term rentals
Feb 20, 2025

Virginia lawmakers delay human trafficking training for short-term rentals

Lawmakers did not advance measures to implement human trafficking awareness training for short-term rental properties, with one patron saying they need to get the language right first.  Del. Dan Helmer, D-Fairfax, sponsored House Bill 1654, and Sen. Angelia Williams, D-Norfolk, introduced Senate Bill 985. The bills would requ[...]

Langley Federal Credit Union CEO to retire
Feb 19, 2025

Langley Federal Credit Union CEO to retire

Langley Federal Credit Union President and CEO Tom Ryan will retire at the end of the year, following 13 years of leading the Newport News financial institution. The credit union, which is the fourth largest credit union based in Virginia, announced Ryan’s retirement Wednesday and credited him with overseeing significant g[...]

Photo of a Nodal sign on a gray building with many windows.
Feb 19, 2025

Derivatives exchange to add 33 jobs in Fairfax

Nodal Exchange, a derivatives exchange, will invest $300,000 to expand its Fairfax County operations, adding 33 jobs, Gov. Glenn Youngkin announced Wednesday. “Nodal Exchange’s expansion in Fairfax County demonstrates Virginia’s ability to attract and retain global financial technology leaders,” Youngk[...]

Northrop Grumman receives two contracts totaling $1.4B
Feb 18, 2025

Northrop Grumman receives two contracts totaling $1.4B

Northrop Grumman has received two air and missile defense contracts worth a combined $1.4 billion, the Falls Church-based Fortune 500 government contractor announced last week. The contractor received two contracts from the U.S. Army and Poland. Under the $481 million, five-year contract from the Army’s Aviation Missile Te[...]

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