Please ensure Javascript is enabled for purposes of website accessibility

Other Top Stories

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

latest news

Lighthouse Labs rebrands to Lighthouse Network

Richmond Accelerator Lighthouse Labs last week announced that it is expanding its services and rebranding itself as Lighthouse Network.

Industries

A rendition of the Iridium network in space, showing its crosslinked architecture and global coverage. Image Courtesy Iridium Communications

Iridium to invest $13M to relocate Tysons HQ, add 117 jobs

Tysons-based global satellite communications company Iridium Communications will invest more than $13 million to expand its headquarters in Fairfax County and create 117 jobs, Gov. Glenn Youngkin announced Tuesday.

Real Estate

Carilion Roanoke Memorial Hospital. Photo courtesy Carilion Clinic

Expanded emergency dept. opens at Carilion Roanoke Memorial Hospital

Carilion Roanoke Memorial Hospital’s expanded emergency department, billed as one of the largest in the state, opened May 20. It's the first part of the Roanoke hospital's $500 million Crystal Spring Tower, set to open this summer.

Money

US stocks drift as S&P 500 flirts with its first drop in 7 days

U.S. stocks slipped as Wall Street rally loses steam. Travel stocks fell, quantum tech soared, and tariff, debt fears continue to pressure markets.

Government

Mars announced plans to purchase Kellanova, whose products include Pringles, Eggo and Pop-Tarts, for $35.9 billion on Aug. 14, 2024. Image courtesy Kellanova

EU regulators to decide on Mars-Kellanova merger in June

Antitrust regulators with the European Union have set a June 25 deadline to decide whether to approve McLean-based candymaker and pet care giant Mars' $35.9 billion acquisition of snack producer Kellanova, announced last August. 

People

Laura Treanor will be the fifth president of Virginia Western Community College. Photo courtesy Virginia Community College System

Virginia Western Community College president named

Laura Treanor will lead Virginia Western Community College starting July 1, succeeding longtime president Robert Sandel after a nationwide search.

Healthcare

BTM Business Connect

Unanet Acquires Beltway Software Firm Contraqer to Help GovCons

Unanet today announced it has acquired Contraqer, a leading provider of market intelligence and procurement software for government contractors. With Contraqer, Unanet adds to its robust growth suite of solutions that help GovCons identify, solicit, manage, and win more business. According to Unanet’s most recent GAUGE Report, 45% of GovCons cite lack of business development […]

Movers & Shakers

EVENTS

C-Suite Awards

June 5th, 2025 - 11:30 AM

The C-Suite Awards celebrate top corporate executives who consistently demonstrate remarkable leadership skills, integrity, values, vision, [...]

Forty Under 40

Details coming soon!

Virginia Business is pleased to launch its inaugural Forty Under 40 Awards program in 2025!

Best Places to Work in Virginia

Details coming soon!

Best Places to Work in Virginia is a research-driven program from Best Companies Group that examines your company’s practices, programs an[...]

see all events

Around The Nation

Newark airport delays highlight air traffic controller crisis

Family of Boeing whistleblower settles lawsuit with aircraft maker over his death

UnitedHealth Group CEO steps down as company lowers, then withdraws financial outlook for 2025

Trump trade war faces legal challenge as businesses, states argue his tariffs exceeded his power

Inflation cooled again even as some tariffs took effect. But economists don’t expect that to last

Dow jumps 900 and S&P 500 climbs 2.4% following a 90-day truce in the US-China trade war

Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope

More warning signs emerge for US travel industry as summer nears

Trump lifts Empire Wind pause, offshore project resumes

Empire Wind project off Long Island resumes after Trump lifts pause, saving 1,500 jobs and advancing New York’s clean energy and offshore wind goals.

Home Depot says it doesn’t expect to boost prices because of tariffs

Home Depot doesn’t expect to raise prices because of tariffs, saying it has spent years diversifying the sources for the goods on its shelves. Billy Bastek, executive vice president of merchandising, said during a conference call on Tuesday that Home Depot’s suppliers have shifted sourcing across several countries and that the company doesn’t expect any […]

General Dynamics Electric Boat is seen in Groton, Conn., Wednesday, April 16, 2025. (AP Photo/Julia Demaree Nikhinson, File)

Strike averted as submarine designers in Connecticut agree to contract with Electric Boat

The union for about 2,500 submarine designers at Electric Boat in Connecticut, a subsidiary of Reston-based General Dynamics, has tentatively agreed to a new contract with the company, averting a strike that would have begun Monday.

Conservatives block Trump’s big tax breaks bill in a stunning setback

Trump’s tax and spending bill stalls in House as conservatives demand deeper Medicaid and green energy cuts. GOP infighting halts key legislation.

Boeing, trying to emerge from one of company’s most difficult eras, is having a pretty good week

Boeing secures a $96 billion jet order from Qatar and a major deal with Saudi Arabia as Trump visits the Middle East. Boeing stock hits yearly high.

More stories

Opinion

Our View: Trump charts chaotic course in trade wars

Constructing change

Why let Big Tech destroy our climate?

Our View: Making Virginia grate again

Best at Work Insights: Employees’ happiness is overrated

Trump-led DEI crackdown may leave glass ceilings intact

Return to uncertainty

What a difference a debate makes

Tanveer Kathawalla, founder and managing partner of Pioneer1890, based in Alexandria. Photo courtesy Tanveer Kathawalla

I voted for Trump. His tariff exclusions don’t reflect conservative strength

Alexandria business founder Tanveer Kathawalla writes in an op-ed that President Donald Trump's tariffs project decline and harm industry and the nation's ability to reduce federal debt.

Mary Baldwin University President Jeff Stein. Photo courtesy MBU

Getting full value out of college from day one

Mary Baldwin University's president writes in an op-ed that for too long, the traditional college model has delayed the real payoff — deferring meaningful mentorship, skills-building and career direction until a student’s final semesters.

Ocean freight outlook 2025: tariffs, crisis fuel chaos

Ocean freight faces uncertainty in 2025 due to Red Sea crisis, U.S.-China tariffs, and overcapacity from new vessels and shifting port strategies.

Elon Musk’s memo exposes a trust crisis in leadership

Musk’s memo sparked debate, but the real issue isn’t accountability — it’s a lack of trust, clarity, and communication in modern workplace culture.

President Donald Trump speaks with reporters as he participates in a ceremonial swearing in of Paul Atkins as chairman of the Securities and Exchange Commission, in the Oval Office of the White House, Tuesday, April 22, 2025, in Washington. (AP Photo/Alex Brandon)

Trump’s tariffs echo Hoover-era economic missteps

Trump's 2025 tariffs trigger market turmoil, drawing comparisons to Hoover's Depression-era policies and warnings from economists and business leaders.

More stories