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Photo courtesy CarMax
Oct 30, 2025

Fortune 500 retailer CarMax lays off 350 employees

Goochland County-based Fortune 500 used car retailer CarMax is laying off about 350 employees nationally, including 55 in Virginia.

Construction workers, bottom right, atop the U.S. Treasury, watch as work continues on a largely demolished part of the East Wing of the White House on Oct. 23, 2025, before construction of a new ballroom. (AP Photo/Jacquelyn Martin)
Oct 29, 2025

Two Virginia companies donate to White House ballroom project

Altria Group and Booz Allen Hamilton donating to President Donald Trump’s roughly $300 million White House ballroom construction project.

A bronze statute of Lady Justice holding scales
Oct 28, 2025

Virginia Supreme Court hears $2B trade secrets case

McLean-based software company Appian argued it should receive the record-breaking $2.04 billion jury award overturned in appeal.

Amazon to pay $2.5B in FTC Prime membership settlement
Oct 28, 2025

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

Amazon will cut about 14,000 corporate jobs as it reduces bureaucracy and boosts investment in artificial intelligence.

Disney to build its 7th theme park, this one in the United Arab Emirates
Oct 27, 2025

Booz Allen Hamilton announces new round of layoffs

Booz Allen Hamilton is initiating another round of layoffs amid declining revenues in its most recent quarter.

The 2025 Virginia Black Business Leaders Awards: The Achievers
Oct 24, 2025

Townes-Whitley out as SAIC’s CEO after two years

Toni Townes-Whitley is out as CEO of Fortune 500 government contractor Science Applications International Corp. (SAIC), the Reston-based business announced late Thursday.

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Oct 23, 2025

Virginia garden center lays off 97 after $160M sale to data center developer

Merrifield Garden Center will close its Gainesville facility this December, laying off 97 employees, following a $160 million property sale.

The University of Virginia Rotunda. Photo by Jay Paul
Oct 22, 2025

U.Va. reaches agreement with DOJ

The U.S. Department of Justice announced Wednesday that it has reached an agreement with the University of Virginia regarding what it called "unlawful racial discrimination" in hiring, admissions and programming.

Bon Secours St. Francis Medical Center. Photo by Virginia Business/Kira Jenkins.
Oct 21, 2025

Virginia health board backs VCU Health, Bon Secours projects in Chesterfield

Virginia health staff recommend approval for VCU Health and Bon Secours projects in Chesterfield, but recommend denying HCA proposal.

A worker at Merck's Elkton facility. Copyright Merck & Co., Inc., Rahway, NJ, USA and its affiliates. All rights reserved.
Oct 20, 2025

Merck to build $3B facility in Elkton

Merck & Co. is starting construction on a $3 billion pharmaceutical manufacturing facility in Elkton that is expected to create 500 jobs.

The University of Virginia lawn. Photo courtesy U.Va.
Oct 17, 2025

U.Va. rejects Trump federal funding compact

The University of Virginia has rejected President Donald Trump's administration's compact to receive preferential treatment in federal funding.

Miyares, Jones clash in Virginia attorney general debate
Oct 16, 2025

Miyares, Jones clash in Virginia attorney general debate

Jason Miyares and Jay Jones sparred in Virginia’s attorney general debate, with Jones’ 2022 texts on political violence in focus.

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