U.Va. medical school dean set to leave for new job
Dr. Melina Kibbe, the U.Va. medical school’s dean, is the sole finalist for the University of Texas Health Science Center at Houston’s presidency.
Amentum to lay off 56 Richmond-area employees
Amentum is laying off 56 Richmond area employees by Aug. 31 due to losing a nearly two-decade old contract with tobacco manufacturer Altria.
Strategy’s holdings hit $70B+ as bitcoin breaches $118K
Bitcoin hits $118K+ as Tysons-based Strategy, the largest corporate holder of bitcoin, sees its crypto holdings’ value grow to over $70B.
Richmond EDA seeks developer for Intermediate Terminal Building
The Richmond economic development authority issued a request for proposals for the redevelopment of the Intermediate Terminal Building.
Amentum completes sale of Rapid Solutions for $360M
Amentum has completed the sale of its hardware and product business, Rapid Solutions, to Lockheed Martin for $360 million.
Skanska and FlatironDragados land $1B Long Bridge contract
The Virginia Passenger Rail Authority awarded Skanska and FlatironDragados a $1 billion contract to build the Long Bridge North Project.
Google agrees to buy power from planned Chesterfield fusion plant
Google inks deal to buy power from CFS’ planned grid-scale commercial fusion plant in Chesterfield, expected to be the first of its kind.
Crowds, smiles greet Buc-ee’s first Virginia store opening
Buc-ee’s fans lined up before dawn for the grand opening of the Texas travel center chain’s first Virginia store in Mount Crawford.
High times in Virginia: legal THC seltzers emerge statewide
Mountain High Seltzer announced earlier this month it is the first legal THC seltzer to be distributed statewide by major companies.
Kroger to close at least two Virginia stores in profitability move
Kroger plans nationwide store closures over 18 months to improve profitability. At least two stores in Virginia will likely close.
Tysons company acquired in $5B wireless tech deal
Casa del Fuego Family Office and Trust acquires Digital Global Systems in all stock transaction valued at $5B.
Report: EU set to launch antitrust probe of $35.9B Mars-Kellanova deal
The European Union's antitrust watchdog is expected to launch a full-scale investigation into Mars' $35.9 billion acquisition of Kellanova.