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Buc-ee’s purchases...

Buc-ee’s purchases Stafford site for planned travel center

Buc-ee's has purchased more than 35 acres in Stafford County near Interstate 95's Exit 140, paving the way for a travel center.

Digital Realty...

Digital Realty to buy Alexandria VC firm founded by Warner

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Depositphotos

Martin Agency, former exec settle #MeToo-era lawsuit

Martin and former executive Joe Alexander have settled a long-running lawsuit stemming from his 2017 departure amid sexual harassment allegations.

Industries

Michael Cole. Photo courtesy Sentara Health Plan

Sentara Health Plans president hired

Sentara Health Plans names Michael Cole president. Former Regence executive succeeds retiring leader Colin Drozdowski.

Real Estate

Bristol Development opens first phase of new multifamily community in Goochland County

Weinstein buys West Creek apartment complex for $115M

Weinstein Properties last week purchased a 373-unit apartment complex in Goochland from Capital Square for $115 million.

Money

The Nasdaq logo is displayed on a screen at the Nasdaq Market site in Times Square in New York City, U.S., April 17, 2026. REUTERS/Brendan McDermid

Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook

Wall Street closed mixed with Nasdaq down on tech megacap losses despite strong chip sector gains from Micron and Qualcomm amid inflation concerns.

Government

Booz Allen Hamilton to relocate global HQ to Reston

Booz Allen to acquire Texas defense tech company for $720M

Booz Allen Hamilton plans to acquire Austin, Texas-based defense technology company Ultra I&C Mission Solutions for $720 million.

People

Jacco van Teeffelen. Photo courtesy The Omni Homestead Resort & Spa

Omni Homestead taps new managing director

Jacco van Teeffelen has been named managing director of Omni Homestead Resort & Spa in Hot Springs, succeeding Mark Spadoni.

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BTM Business Connect

Rolley Davis, President of Sussex Development Corporation.

Rolley Davis Promoted to President of Sussex Development Corporation

Virginia Beach, VA — Sussex Development Corporation, a leading construction management firm headquartered in Virginia Beach, announced today the promotion of Rolley Davis from Vice President to President. As President, he will oversee company operations, strategic initiatives, and long-term growth, while continuing to foster the culture of integrity, commitment, collaboration, and excellence that has defined […]

Movers & Shakers

EVENTS

Virginia Top Projects & Real Estate Deals

July 28th, 2026 - 5:30 PM

Top Projects is an annual recognition program honoring the most outstanding building and construction projects completed across Virginia ove[...]

In-House Counsel Awards

September 17th, 2026 - 11:30 AM

Virginia Lawyers Weekly and Virginia Business recognize Virginia’s top in-house counsel, who, among other things, navigate complicated con[...]

Women In Leadership

October 6th, 2026 - 5:30 PM

The Women in Leadership Awards celebrate top women executives for their overall professional accomplishments, civic engagement, mentorship, [...]

Icons Honors

November 13th, 2026 - 11:30 AM

The Virginia Icons Awards recognize the lifetime achievements of Virginia leaders from business, government and higher education over the ag[...]

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Around The Nation

Oil falls to pre-war levels on rising Middle East supply

Micron tops estimates, touts $22B in customer deals for memory chips

US new single-family home sales post second straight monthly decline

Oil prices steady as investors focus on Hormuz flows after peace talks

US announces $17.5B in conditional loans for nuclear power

SpaceX extends losses after $600B wipeout, tech stocks slide again

Oracle workforce shrinks by about 21,000 employees amid AI adoption

Oil falls 4% after US-Iran talks signal easing supply risks

Depositphotos

Nursing homes, factory owners and immigrants brace for fallout from Supreme Court ruling

The Supreme Court ruling ends temporary protected status for Haitians and Syrians, risking job losses in nursing homes and factories across the U.S.

Solar panels are assembled at the Qcells North America factory in Cartersville, Georgia, U.S. June 8, 2026. REUTERS/Alyssa Pointer/File Photo

Trump clean energy tax credit cutoff drives project rush as prices set to soar

June 26 (Reuters) – U.S. solar developers have secured federal subsidies for a wave of projects large enough to nearly double current capacity, rushing to beat a July 4 deadline that could send renewable power costs sharply higher. The projections reflect the loss of valuable renewable energy tax credits worth at least 30% of project […]

Storage tanks and oil refineries in Jurong Island, Singapore, March 24, 2026. REUTERS/Edgar Su/File Photo

Oil set for big weekly losses as tankers exit Strait of Hormuz

Oil prices dropped about 3% as more tankers exited the Strait of Hormuz, easing supply concerns despite recent vessel attacks near Oman.

Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks during the America Business Forum at Kaseya Center in Miami, Florida, U.S. November 6, 2025. REUTERS/Marco Bello

JPMorgan sets a new succession plan but Dimon plans to stay on

JPMorgan elevates Doug Petno and Troy Rohrbaugh to co-presidents while Jamie Dimon plans to remain CEO for at least three more years.

A new MacBook laptop is presented at Apple's annual Worldwide Developers Conference at the company's headquarters in Cupertino, California, U.S. June 5, 2023. REUTERS/Loren Elliott

Apple raises prices of MacBooks, iPads as memory costs skyrocket

Apple raised prices for MacBook and iPad models due to soaring memory and storage chip costs driven by AI datacenter demand.

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Opinion

No one’s indispensable — and that’s a good thing

The choice we’re making about AI

Virginia’s economic competitiveness depends on civic infrastructure

Making the business case for InternshipsVA

Millennials burn out while holding it all together

Bridging the workplace soft-skills gap across generations

Why Virginia’s one-term limit for governors deserves a second look

The December question every leader should anticipate

Tesla CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with U.S. President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. REUTERS/Evan Vucci//File Photo

One in a trillion: Musk’s milestone 

Elon Musk became history's first trillionaire following the successful SpaceX IPO, marking a new wealth milestone with significant economic impact.

Economic Development 2025: BELCHER, JONATHAN S.

Could Virginia’s data center fight scare off other industries?

In 2024, following the unsuccessful effort to bring a sports arena to Alexandria, I wrote in Virginia Business that the Commonwealth would continue to find success recruiting investment and jobs because “the fundamentals of the commonwealth’s business case remain unbelievably strong and make us the envy of most other states.” That opinion was ultimately proven […]

WILLIAM G. ‘BILL’ CRUTCHFIELD JR.

Commentary: Entrepreneurs, think creatively

Bill Crutchfield, founder of Crutchfield Corp. in Charlottesville, shares how unconventional thinking drove his company's success.

The People Paradox: Why ‘Soft’ Skills Deliver the Hardest Numbers

Are your best people leaving over money — or this?

COVID did something to us that a decade of wellness programs never could. It forced us to look directly at our own mortality and ask with unusual honesty, is this how I want to spend my time? That question did not stay at the dinner table. It followed people into their offices, their Zoom calls […]

Maritime and logistics can lift the commonwealth

Maritime and logistics can lift the commonwealth

Virginia Maritime Association's executive director on state's maritime industry

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