Virginia Business and BridgeTower Media are pleased to introduce our new BTM Behind the Deal program, which will allow Virginia law firms and other organizations to spotlight their successful business deals — mergers, acquisitions, divestitures, financings, initial public offerings, etc. — for the local legal and business community. 2025 is expected to be a strong […]

When Tennessee-based Microporous officials visited Virginia in 2022 to scout locations for a new plant, Danville leaders took them to local public schools. That might seem like an unusual field trip, but choosing the right site for a manufacturing operation is not as simple as picking a plot of land anymore, says Julie Brown, vice […]

Virginia Beach-based real estate investment trust Armada Hoffler announced Monday that it has appointed former Newport News Shipbuilding President Jennifer Boykin to the company’s board of directors. “We are excited to welcome Mrs. Boykin to our board of directors,” Armada Hoffler President and CEO Shawn Tibbetts said in a statement. “Her extensive leadership experience and […]

The proposed $35.3 billion blockbuster acquisition of Discover Financial Services by Capital One Financial has been approved by each company’s shareholders, the credit card giants announced Tuesday. Stockholders representing 85.1% of the total number of outstanding shares of Capital One common stock were in favor of the acquisition at a Tuesday meeting held in McLean. […]

A former Virginia Alcoholic Beverage Control Authority employee has filed a federal lawsuit against the state authority, alleging his termination last year was in retaliation for reporting alleged harassment and discrimination due to his sexual orientation.  Paul Watson, a former ABC senior business analyst who identifies as gay, claims in the lawsuit he was “targeted” […]

Virginia gained several tourism attractions in the last year, from casino resorts to sports facilities, and saw more projects get underway. In 2024, Virginia’s three casinos brought in about $732.2 million in adjusted gaming revenues, up nearly 32% from 2023. Part of that increase can be attributed to the Caesars Virginia casino in Danville, which […]