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CarMax to pay nearly $500,000 in DOJ settlement
CarMax has agreed to pay nearly $500,000 to settle allegations that it violated the Servicemembers Civil Relief Act.
UVA Health promotes inaugural chief medical officer
UVA Health is promoting Dr. Reid Adams to be the health system's inaugural chief medical officer, effective March 1.
Atlantic Union Bankshares appoints new CFO
Atlantic Union Bankshares announced that it has appointed Alexander D. Dodd to be its new chief financial officer, effective April 13.
CoStar cuts Richmond jobs as Homes.com faces scrutiny
CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism over spending and strategy.
Henrico-based Arko Petroleum raises $183M in IPO
Henrico County-based Fortune 500 convenience store operator Arko closed its initial public offering last week of fuel subsidiary Arko Petroleum, raising $183.2 million.
Dominion $1.47B gas plant proposal back on track in Chesterfield
Virginia SCC again approves Dominion’s $1.47B Chesterfield gas plant as DEQ air permit faces appeal from environmental groups.
Saks to close Richmond store, laying off 40 workers
Saks Fifth Avenue will close its Richmond store, cutting 40 jobs as parent company seeks bankruptcy court approval.
CarMax names Barr as next CEO
Goochland County-based CarMax on Thursday named Keith Barr as its next president and CEO, who will take over the helm at the Fortune 500 used car retailer as it navigates a turnaround plan and lower demand.
Richmond public media company taps new CFO
VPM announced that longtime financial executive Ed Brown has joined the company as its new chief financial officer.
San Diego firm acquires Chesterfield-based W.O. Grubb
Halo Partners announced Wednesday that it has acquired Chesterfield County-based rigging company W.O. Grubb Crane Rental.
Universal Corp. names CFO after withdrawing offer to another
Universal Corp. names Steven Diel CFO after reversing a prior hire. He succeeds Johan C. Kroner, who will retire in July.
Goochland supervisors OK $250K to fight lawsuit over potential data centers
Goochland County shifts $250K to hire outside counsel as it faces a lawsuit challenging a technology overlay district near Route 288.
