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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.
House subcommittee punts on data center bill, but hopes to ‘continue the work’
Virginia lawmakers heard testimony for and against the measure before continuing the bill to 2027.
Couple donates $20M for Virginia Tech medical scholarships
A $20M gift to Virginia Tech Carilion School of Medicine will fund in-state scholarships and help address Virginia’s doctor shortage.
Norfolk’s MacArthur Center to be demolished this year
The city of Norfolk announced Friday that it will close and demolish the MacArthur Center mall as part of a redevelopment plan for the site.
Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak
Boar’s Head Provisions reopened its Jarratt meat plant Monday, roughly a year and a half after closing it following a 2024 listeria outbreak.
State commits $14.5M yearly for new paid internship program
Virginia political, higher education and economic development leaders announced InternshipsVA, a new statewide program to support paid internships.
Google could spend $3B building Botetourt data centers
State documents reveal Google’s plan for a data center campus in Botetourt County that could cost $3 billion.
Henrico-based Arko launches IPO of petroleum subsidiary, seeks up to $910M
Henrico County-based Fortune 500 company Arko is seeking a valuation of as much as $910 million in its U.S. IPO of subsidiary Arko Petroleum.
Amazon to close five Virginia stores, cut nearly 700 jobs
Amazon plans to close five Amazon Fresh stores in Northern Virginia, laying off about 700 workers beginning April 27.
The 2026 Virginia Black Business Leaders Awards
From rebuilding communities in the post–Jim Crow era to leading Fortune 500 companies and public institutions today, Black business leaders have played a central role in shaping Virginia’s modern economy. Today, they are driving growth, innovation and opportunity across the commonwealth — leading major corporations, ex[...]
Developer says sale of Ashland facility to ICE has been canceled
The sale of a 43-acre site in Hanover County that was set to be purchased by ICE for a detainee processing facility is no longer happening.
Trump picks former Fed official Warsh to run Fed
Trump nominated former Fed governor Kevin Warsh to succeed Jerome Powell, raising questions about Fed independence and rates.
