Sign In
Free Newsletter
Randolph-Macon College names next president
Ashland’s Randolph-Macon College has chosen Michael E. Hill as its 16th president, effective Aug. 1, the college announced Tuesday. Hill is currently president of Chautauqua Institution, a western New York nonprofit educational institution for children and adults that runs extensive theater, music and other arts programmin[...]
Beacon Roofing is target of $11B acquisition bid
Herndon-based Fortune 500 company Beacon Roofing Supply is in discussions to be acquired by Connecticut software and tech services company QXO in a deal valued at about $11 billion. “It’s not a done deal yet, but we’re in friendly discussions,” Joe Checkler, a spokesperson for QXO, said of the move to acq[...]
Dominion files for SCC approval of Chesterfield gas-fired plant
Dominion Energy submitted an application with the Virginia State Corporation Commission Monday to install four natural gas-fired turbines on 95 acres at the utility’s Chesterfield Power Station. Dubbed the Chesterfield Energy Reliability Center (CERC), the facility, which is expected to cost $1.47 billion, will generate 94[...]
New bill relaxes physician requirements for boxing, wrestling events
The General Assembly passed a bill making it easier for a physician to serve ringside at certain sporting events, and extending the period a promoter has to declare any earnings. Before the bill passed, physicians who examine boxers, martial artists or wrestlers before they enter the ring must have held a medical license in Virg[...]
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
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[...]
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[...]
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[...]
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[...]
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[...]
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[...]
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[...]
