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Presenting the 2025 Virginia C-Suite Awards
Jun 3, 2025

Presenting the 2025 Virginia C-Suite Awards

Virginia Business is proud to present our inaugural Virginia C-Suite Awards, honoring 33 top executives who exemplify integrity, innovation and impact.

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac
Jun 2, 2025

41 Virginia companies made the 2025 Fortune 1000

Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual Fortune 1000 list, and 25 Virginia companies are on this year's elite Fortune 500.

Newport News Shipbuilding hits milestone with dual Ford-class carrier builds
May 30, 2025

Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five months.

Nightingale Ice Cream Sandwiches co-founder, CEO and President Hannah Pollack
May 29, 2025

Nightingale ice cream expansion to add 166 jobs

Nightingale Ice Cream Sandwiches is investing $5.8 million to move to a new facility in Richmond and expects to create 166 jobs.

A photo of a Leidos sign and a glass covered building.
May 28, 2025

Leidos acquires Chantilly AI tech biz for $300M

Reston-based federal contractor Leidos announced Wednesday it has acquired Kudu Dynamics, a business based in Chantilly that builds AI-powered cybersecurity tools for defense customers, for $300 million. 

The former Best Products property in Henrico County. Photo courtesy Henrico County
May 27, 2025

Henrico issues new RFI for arena project

Following the collapse of the $2.3 billion GreenCity project in March, Henrico County on Tuesday released a new request for interest for developers to submit plans for an arena-anchored development in the county's West End. 

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May 23, 2025

Booz Allen CEO says 7% of employees to be laid off

McLean-based Fortune 500 management consulting business Booz Allen Hamilton will lay off 7% of its 35,800-employee workforce, mainly in its civil division, Chairman, CEO and President Horacio Rozanski said Friday during an earnings call. 

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May 22, 2025

House GOP passes Trump tax bill despite deficit fears

House Republicans push through Trump’s tax bill after all-night session, despite CBO warning it could add $3.8 trillion to the federal deficit.

U.S. Rep. Gerry Connolly, D-Fairfax. Photo courtesy Connolly's office
May 21, 2025

Virginia congressman dies from cancer

U.S. Rep. Gerry Connolly, a nine-term Democrat representing Virginia's 11th congressional district, has died, his family announced Wednesday morning. 

Richmond Fed President and CEO Tom Barkin spoke at the Investing in Rural America Conference in Roanoke on May 20, 2025. Photo by Joseph Minick/Federal Reserve Bank of Richmond
May 20, 2025

Barkin: Affordable housing key to rural economic growth

Richmond Fed President and CEO Tom Barkin said affordable housing and workforce investment are driving population and economic growth in small towns across the Fifth District.

Dollar Tree announces CEO of Family Dollar, soon to be sold
May 19, 2025

Dollar Tree announces CEO of Family Dollar, soon to be sold

Chesapeake-based Dollar Tree announced Monday that its soon-to-be-sold Family Dollar property will be led by Duncan MacNaughton, who will serve as chairman and CEO of the discount retail chain.

Capital One $35B purchase of Discover Financial gets regulatory approvals
May 16, 2025

UPDATE: $35B Capital One-Discover merger closes

McLean-based Capital One Financial is scheduled to close on its $35.3 billion acquisition of Discover Financial Services on Sunday, finalizing the merger of the credit card giants announced last year.

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