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Spotify CEO Daniel Ek steps down, Co-CEOs named
LONDON (AP) — Spotify said Tuesday that founder Daniel Ek is stepping down as CEO to become the executive chairman, in an announcement that sent its shares sliding in Tuesday trading. The Stockholm-based streaming giant said Ek will be replaced by two lieutenants who will become co-CEOs: Chief Product and Technology Officer Gu[...]
Top Five: October 2025
The top five most-read daily news stories on VirginiaBusiness.com from Aug. 9 through Sept. 9 included news of a new medical school launching at the University of Mary Washington. 1 | Virginia Chamber CEO resigns after 4 months After serving as the Virginia Chamber of Commerce’s president and CEO since April 1, Cathie Vick[...]
NWS cuts spark concern over weather data privatization
WASHINGTON (AP) — As commerce secretary, Howard Lutnick oversees the U.S. government’s vast efforts to monitor and predict the weather. The billionaire also ran a financial firm, which he recently left in the control of his adult sons, that stands to benefit if President Donald Trump’s administration follows throug[...]
Fed holds rates steady amid tariff-driven inflation risk
The Fed keeps interest rates unchanged as it weighs Trump’s tariffs, inflation risk, and economic uncertainty before deciding on possible future cuts.
Virginia junk fee ban awaits action from governor
Virginia may ban hidden junk fees under new legislation, but Gov. Youngkin must act by May 2 to sign or veto the consumer protection bill.
Noted economist honored by Trump warns his 25% tariffs could add $4,711 to the cost of a vehicle
WASHINGTON (AP) — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle and says the proposed taxes could weaken the ability of U.S. automakers to compete with their foreign counterparts. In the 21-page analysis obtained[...]
InterChange announces several leadership changes
Mount Crawford-based industrial developer and logistics company InterChange Group announced several major changes to its executive leadership. Effective March 10, Keith VanBenschoten assumed the role of chief strategy officer, and Cliff Alt was promoted to chief operating officer. The company also announced that Timothy Cognata [...]
Real Estate News Heard Around Virginia and the nation
NORTHERN Gilbane pitches office-to-apartments conversion in Virginia Square Washington Business Journal Fredericksburg City Council unanimously approves controversial data center project in Celebrate Virginia South The Free Lance-Star Tactical-gear manufacturer Aspetto relocating headquarters to Stafford County Insid[...]
Heard Around Virginia and the nation
Virginia SCC orders two big health insurers to reimburse hundreds Richmond Times-Dispatch JD Vance puts Virginia home on the market for nearly $2M Independent Boeing CEO urges workers to speak up, expects ‘brutal’ feedback Bloomberg Air-traffic staffing rules tightened at Reagan Airport after fatal crash The Wall Str[...]
Trump White House says tariffs will be enacted Feb. 1
The Trump administration says it will impose tariffs on Canada, Mexico and China beginning Saturday, Feb. 1. “The president will be implementing tomorrow 25% tariffs on Mexico, 25% tariffs on Canada and a 10% tariff on China for the illegal fentanyl that they have sourced and allowed to distribute into our country, which has k[...]
