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Treasury cancels $21M in Booz Allen Hamilton contracts
The U.S. Treasury Department said on Monday it had canceled all of its contracts with McLean-based government contractor Booz Allen Hamilton, accusing the company of failing to protect sensitive data, including at the Internal Revenue Service.
ICE eyes massive Hanover warehouse for processing facility
ICE hopes to purchase a more than 552,000-square-foot warehouse in Hanover County and repurpose it into a processing facility.
Capital One to acquire Brex for $5.15B
McLean-based banking giant Capital One Financial announced Thursday it has entered an agreement to acquire fintech company Brex in a $5.15 billion stock and cash deal.
Henrico-based ASGN to acquire Quinnox for $290M
ASGN announced this week that it will acquire Chicago-based digital services company Quinnox for $290 million in cash.
Smithfield Foods plans to buy Nathan’s Famous in $450M deal
Smithfield Foods announced Wednesday it has entered a deal to purchase Nathan's Famous, the hot dog and sausage brand, for $102 a share in cash, a value of about $450 million.
Spanberger sworn in as Virginia’s first woman governor
Under cloudy skies at the Virginia State Capitol, Abigail Davis Spanberger was sworn in as Virginia's 75th governor just after noon Saturday, becoming the first woman to hold the commonwealth's top elected office.
5 U.Va. board members resign at Spanberger’s request
The New York Times reported Friday evening that three University of Virginia board members have resigned at the request of Abigail Spanberger, who will be sworn in Saturday as Virginia's Democratic governor.
Federal court grants Dominion injunction, allowing offshore wind construction to proceed
Dominion Energy won a preliminary injunction Friday in federal court, allowing construction to resume on the Coastal Virginia Offshore Wind project off Virginia Beach's coast. In December 2025, the U.S. Department of the Interior paused the project for 90 days, leading the Richmond Fortune 500 utility to sue the government.
Virginia luxury packaging provider plans $34M HQ expansion
Infinity Global plans a $34 million expansion of its Danville headquarters, creating 150 jobs and more than doubling its Virginia workforce.
Fortune 500 retailer CarMax lays off 230 employees, many in Virginia
Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees, including 113 in the Richmond area.
Solstice Advanced Materials to invest $220M in Chesterfield expansion
Solstice Advanced Materials plans to invest $220 million to expand production at its manufacturing facility in Chesterfield County.
TowneBank completes $476M acquisition of Dogwood State Bank
Suffolk-based TowneBank announced Monday that it has completed its $476 million acquisition of North Carolina-based Dogwood State Bank.
