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Done and Dome — Oceanfront venue to open in May
When Three Dog Night takes the stage May 4 at The Dome, the 1970s rock band will help open a new chapter in live performances at the Virginia Beach Oceanfront that it closed more than three decades ago. Known for hits such as “Joy to the World,” the band was the last group to play […]
Norfolk focuses on cruise and entertainment tourism
The “city surrounded by water” — Norfolk — is going through “an evolution, putting in necessary investments to stay on top of the times” as a tourism destination, says Sean Washington, the city’s director of economic development. The city is expanding its cruise center to accommodate an influx of passengers year-ro[...]
White House decisions weigh heavily on Va., Hampton Roads economies, experts say
While federal workers ponder taking a buyout offer from President Donald Trump and a now-rescinded federal funding freeze memo caused confusion and worry over the status of major economic development projects in Virginia, economists at Old Dominion University say uncertainty in Washington, D.C., is the major factor affecting the[...]
Smithfield Foods raises $522M in first day on Nasdaq
Smithfield Foods officials rang the opening bell Tuesday at the Nasdaq MarketSite in New York City, as the packaged meat and fresh pork giant launched its initial public offering of 26 million stock shares at $20 per share on the Nasdaq Global Select Market, raising $522 million. The offering consists of 13,043,479 shares of com[...]
Something in the Water called off, found in breach of contract
Something in the Water, music and fashion mogul Pharrell Williams’ Virginia Beach music festival, has been called off after missing an extended deadline Monday. Last week, Virginia Beach officials gave concert organizers a five-day deadline to meet the city’s requirements for a lineup of performers and a start to tic[...]
HII closes on South Carolina plant acquisition
Newport News-based Huntington Ingalls Industries announced Monday it has closed on its purchase of a metal fabrication manufacturing facility in South Carolina, which will now be part of its subsidiary Newport News Shipbuilding. The company did not disclose financial terms. In December 2024, HII said it had entered into a defin[...]
Va. Beach gives Something in the Water 5-day deadline over contract breach
After receiving a brief reprieve, the clock is ticking for organizers for Pharrell Williams’ Something in the Water music festival. Organizers were given five days to make significant progress in meeting Virginia Beach’s requirements for a lineup of performers and a start to ticket sales, city officials decided Tuesd[...]
Dominion says offshore wind farm moving forward, despite executive order
President Donald Trump started his second term Monday with a flurry of executive orders, including one that temporarily ceases all federal wind leases under consideration and calls for an “immediate review” of the policies before resuming. So, what does that mean for Virginia and Dominion Energy, which is midway thro[...]
Perdue Farms agrees to $4M settlement in child labor probe
Perdue Farms has agreed to pay $4 million in restitution to settle a federal investigation into alleged child labor violations at the company’s poultry processing plant on Virginia’s Eastern Shore. In October 2023, the U.S. Department of Labor’s Wage and Hour Division announced it had launched a probe into alle[...]
Japanese manufacturer set to close Chesapeake plant
Nitto, a Japanese developer of technology and manufacturer of products for automotive, aerospace and other industries, plans to close its Chesapeake plant by September, laying off 86 workers. The company notified the state of the closure Jan. 8 in compliance with the Worker Adjustment and Retraining Notification Act. The Nitto p[...]
Norfolk casino developers select construction management team
A joint venture between Virginia Beach-based S.B. Ballard Construction and Mississippi-based Yates Construction — the companies that built Rivers Casino Portsmouth — will lead construction of the $750 million Norfolk casino resort. The casino development partners, Boyd Gaming and the Pamunkey Indian Tribe, announced the sele[...]
Norfolk airport adding JetBlue service in April
JetBlue will start service from Norfolk International Airport on April 30, offering seasonal daily nonstop flights to Boston’s Logan Airport, Norfolk airport officials announced Wednesday. The airline will be the ninth commercial carrier at Norfolk’s airport, and its 140-seat Airbus A220 aircraft will depart Norfolk [...]
