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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.
Hanover supervisors oppose ICE facility site in statement, but authority is limited
The Hanover County Board of Supervisors issued a statement opposing ICE's plan to purchase and repurpose a warehouse in the county.
Amazon axes 16,000 jobs as it pushes AI and efficiency
Amazon confirmed 16,000 corporate job cuts, bringing total layoffs to 30,000, as CEO Andy Jassy pushes to reduce bureaucracy.
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.
