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Richmond Fed launches center to support rural economies
The Federal Reserve Bank of Richmond launched the Center for Rural Economies last week, a research and convening hub.
AstraZeneca, Eli Lilly, Merck commit $120M to Virginia pharma training
AstraZeneca, Eli Lilly and Merck committed $120 million to develop an advanced pharmaceutical manufacturing training center in Central Virginia.
Former Richmond Fed President Broaddus dies at 86
J. Alfred “Al” Broaddus, Jr., former president of the Federal Reserve Bank of Richmond died Sunday, Oct. 26, in his hometown of Richmond.
MacKenzie Scott gives record $50M to Virginia State University
Billionaire philanthropist MacKenzie Scott gives $50 million to Virginia State University, marking its largest-ever donation.
Fortune 500 retailer CarMax lays off 350 employees
Goochland County-based Fortune 500 used car retailer CarMax is laying off about 350 employees nationally, including 55 in Virginia.
Two Virginia companies donate to White House ballroom project
Altria Group and Booz Allen Hamilton donating to President Donald Trump’s roughly $300 million White House ballroom construction project.
Temporary Petersburg casino to open in January
A temporary casino preceding the $1.4 billion Live! Casino & Hotel Resort in Petersburg is expected to open in January 2026.
Virginia Democrats will try to reshape US House districts in counter to Trump’s redistricting push
Virginia Democrats plan to redraw U.S. House districts to gain seats and counter Trump-backed GOP redistricting in key states.
U.Va. reaches agreement with DOJ
The U.S. Department of Justice announced Wednesday that it has reached an agreement with the University of Virginia regarding what it called "unlawful racial discrimination" in hiring, admissions and programming.
Virginia health board backs VCU Health, Bon Secours projects in Chesterfield
Virginia health staff recommend approval for VCU Health and Bon Secours projects in Chesterfield, but recommend denying HCA proposal.
U.Va. rejects Trump federal funding compact
The University of Virginia has rejected President Donald Trump's administration's compact to receive preferential treatment in federal funding.
Virginia sees home sales rise in major markets
Home sales rose year-over-year in Northern Virginia, Central Virginia and Hampton Roads in September, a sign of a stable market.
