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Judge orders Averett dispute to arbitration
Averett University must resolve its $20M endowment dispute with ex-CFO and investment firm GSIS through arbitration, per federal court order.
BridgeTower Media acquires Grace Media, leader in window coverings industry
BridgeTower Media — parent company of Virginia Business and a leading provider of business intelligence, marketing solutions, and events across more than 40 specialized B2B brands — has acquired Grace Media, the company behind the International Window Coverings Expo (IWCE) and Window Fashion VISION magazine, including its di[...]
Solar-powered Flying Squirrels stadium on way
Dominion Energy will install solar panels at the Richmond Flying Squirrels’ new stadium, powering 250 homes
Virginians spend $478M in June sports wagers
Virginians bet about $477.85 million on sports in June, 15% more than they bet in June 2024, according to Virginia Lottery data.
Virginia Beach distributor to close, laying off 104 workers
Virginia Beach-based Atlantic Dominion Distributors is set to close in September, laying off 104 people.
VCU to end gender-affirming youth medical care
VCU Health announced this week that it would stop providing all gender-affirming care at Children's Hospital of Richmond at VCU for patients under age 19 three months from now.
Inova Fairfax Hospital ranks No. 1 in Va. for fifth year
Inova Fairfax Hospital in Falls Church has been ranked the No. 1 hospital in Virginia by U.S. News and World Report.
Amazon cancels data center in Louisa County
Amazon Web Services has withdrawn its application to build a data center campus in Louisa County, following backlash from county residents.
Bridgewater College raises $36.7M in five-year campaign
Bridgewater College announced Monday that it successfully concluded a five-year fundraising campaign, raising $36.7 million.
Phlow raises $37M in Series C round
Richmond-based pharmaceutical manufacturing company Phlow announced Tuesday that it had secured $37 million in a capital raise.
GMU now faces fourth federal probe
The U.S. Department of Justice announced Monday night that it has opened a second investigation into George Mason University, bringing the total number of federal probes filed in July to four.
BLS: Virginia only state with notable June jobless rate increase
Virginia was the only state last month to see its unemployment rates increase, according to the Bureau of Labor Statistics.
