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With Assembly passage, Virginia inches closer to cannabis retail sales

Virginia lawmakers approved a bill to regulate adult-use cannabis retail sales, establishing taxes and funding for education and equity programs.

Virginia House...

Virginia House and Senate clash over data center tax breaks

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An artist's depiction shows an E-7A in flight. Image courtesy U.S. Air Force

Boeing wins $2.4B in E-7A aircraft contract modifications

Arlington-based Fortune 500 aerospace and defense contractor Boeing has won two Air Force E-7A contract modifications totaling $2.4 billion.

Industries

A Dollar Tree sign is seen outside the store in Washington, U.S., June 1, 2021. REUTERS/Erin Scott

Dollar Tree signals tariff relief, joins Dollar General with weak forecast

Dollar Tree signals potential tariff relief but forecasts muted sales growth for 2026 amid inflation and retail competition challenges.

Real Estate

Private: Kira HTML

Virginia Business announces Top Projects awards program

In July, Virginia Business will introduce its inaugural Top Projects recognition program, honoring the innovative buildings and facilities reshaping Virginia’s landscape. (Applications are due April 10 and can be submitted at virginiabusiness.com/top-projects. Top Projects will spotlight the best building and construction projects delivered in Virginia during the prior calendar year (2025) across key commercial and […]

Money

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 6, 2026. REUTERS/Brendan McDermid

Wall Street ends higher as traders return to AI stocks

Wall Street closed higher led by AI-related stocks including Meta and Nvidia, while oil prices eased amid Middle East tensions and upcoming Fed meeting.

Government

Augusta County on the proposed Congressional redistricting map should Virginia voters approved the Virginia Constitutional amendment.

Virginia redistricting vote begins amid lawsuits

Virginia's special election on congressional redistricting begins despite lawsuits. Early voting runs through April 18 with legal defenses from Attorney General Jay Jones.

People

L to R: Harry Golliday and William "Billy" Beale. Photo courtesy Blue Ridge Bankshares

Blue Ridge Bankshares CEO retires after turnaround

Blue Ridge Bankshares CEO and president Billy Beale retires after leading the bank through regulatory trouble and a return to profitability.

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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

C-Suite Awards

June 4th, 2026 - 11:30 AM

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

Forty Under 40

May 5th, 2026 - 6:00 PM

Forty Under 40 recognizes up and coming business professionals — Under the age of 40 — based on their professional accomplishments, comm[...]

Best Places to Work in Virginia

March 31st, 2026 - 4:30 PM

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

Women In Leadership

Details coming soon!

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

see all events

Around The Nation

CEO pay to be clawed back when banks fail under new Senate plan

Trump says he’s looking at loosening Jones Act shipping rules

U.S. auto sales could plunge amid war in Iran, historical data shows

Warsh’s room to move at the Fed may narrow in a war-clouded outlook

US fourth-quarter GDP growth revised down to 0.7%

Oil prices dip as Indian tanker sails out of Strait of Hormuz

US customs agency says building system for tariff refunds is 40% to 80% complete

The US labor market lost 92,000 jobs in February in warning sign for economy

Shoppers walk outside the Saks Fifth Avenue flagship store in Manhattan in New York City, U.S., January 6, 2026. REUTERS/Angelina Katsanis

Saks Global secures $300M bankruptcy funding, bondholders back five-year plan

Saks Global accessed $300 million of its $1.75 billion bankruptcy financing and gained bondholder support for a five-year business plan to stabilize operations.

A worker prepares steel to be automatically welded at HCC, a company that uses parts to make combines, at the factory in Mendota, Illinois, U.S., February 21, 2025. REUTERS/Vincent Alban

US manufacturing output increases; homebuilder sentiment ticks up

WASHINGTON, March 16 (Reuters) – U.S. factory production increased marginally in February as manufacturing remained constrained by tariffs on imports, and the conflict in the Middle East could raise operating costs. Other data on Monday showed sentiment among single-family homebuilders nudging up in March. Manufacturing and the housing market have been hardest hit by higher […]

A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo

Oil prices ease as US says it is fine with some ships going through Strait of Hormuz

Oil prices eased after the US approved some Iranian, Indian, and Chinese ships passing through the Strait of Hormuz amid ongoing Iran war tensions and emergency reserve talks.

OpenAI logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Encyclopedia Britannica sues OpenAI over AI training

Encyclopedia Britannica and Merriam-Webster sued OpenAI in Manhattan federal court for allegedly using their content without permission to train AI models like ChatGPT.

A security guard stands watch by the Meta sign outside the headquarters of Facebook parent company Meta Platforms Inc in Mountain View, California, U.S. November 9, 2022. REUTERS/Peter DaSilva

Meta shares jump after Reuters report on plans for layoffs of 20% or more

Meta Platforms plans to cut 20% or more of its workforce to offset heavy AI spending, aiming for significant cost savings and productivity gains, Reuters reports.

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Opinion

The December question every leader should anticipate

2025: The year of living disruptively

Local leaders shape solar’s future

Beyond burnout: the case for workplaces where people thrive

Back to school, back to buying? How fall affects Northern Virginia homebuyers

Women execs have tougher climb to top rung

Don’t import 996: Why America should reject overwork culture

OurView: Will AI spell lights out for white-collar workers?

Jennifer Williamson, CEO of Volunteer Fairfax and vice chair of Virginia Service Foundation. Photo courtesy Volunteer Fairfax

Virginia’s economic competitiveness depends on civic infrastructure

Virginia’s economic competitiveness will not be determined by incentives alone, writes Volunteer Fairfax CEO.

JMU will host seminars in 2026 examining the nation’s founding principles and civic engagement. Photo courtesy James Madison University

Making the business case for InternshipsVA

InternshipsVA establishes a framework that encourages Virginia employers to start or expand high-quality, paid internship programs.

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

Millennials burn out while holding it all together

The other day I was sitting in back-to-back meetings when two notifications hit at once. My son’s school called — he’d fallen and needed to be picked up from school immediately. At the same time, an email from my mom popped up asking for help with her prescriptions. Work was on fire. And I was […]

Richard Foster. Photo by James Lee

Bridging the workplace soft-skills gap across generations

An editor’s take on Gen Z soft skills, mentorship at work and Virginia Business marking 40 years covering the commonwealth’s business community.

On Jan. 15, 2022, Republican Glenn Youngkin was sworn in as Virginia’s 74th governor on the steps of the state Capitol. Photo courtesy governor’s office.

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

As Virginia prepares to swear in its first woman governor, it’s worth reexamining whether the commonwealth’s one-term limit on governors serves the state’s long-term economic and leadership interests.

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