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Tract planning...

Tract planning 872-acre data center campus in Goochland

Denver-based data center developer Tract has proposed a 900-megawatt data center campus in eastern Goochland County.

Rocket Lab...

Rocket Lab to acquire McLean-based Iridium in $8B deal

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Committee member of the Senate Armed Services Committee, U.S. Senator Angus S. King Jr. (I-ME), attends a Senate Armed Services Committee hearing on U.S. President Donald Trump's FY2027 budget request for the Department of Defense on Capitol Hill in Washington, D.C., U.S., April 30, 2026. REUTERS/Ken Cedeno

US senator asks regulator to reject giant NextEra-Dominion power deal, filing

U.S. Sen. Angus King urges federal regulator to reject NextEra Energy's $66.8 billion acquisition of Virginia-based Dominion Energy over competition concerns.

Industries

Officials celebrated the opening of Amthor International's second facility in Gretna Friday. Photo courtesy Danville Pittsylvania County Chamber of Commerce

Tanker truck maker opens Gretna expansion, plans to add 75 jobs

Amthor International opened a second Gretna manufacturing facility and plans to hire up to 75 workers as production expands.

Real Estate

Post GreenCity, Henrico tries again

Best Products HQ demolition starts in Henrico

Henrico County and Richmond-based demolition company S.B. Cox on Tuesday began demolition of the former Best Products headquarters.

Money

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 24, 2026. REUTERS/Brendan McDermid

S&P 500, Nasdaq post best quarter since 2020 despite Iran war

June 30 (Reuters) – The S&P 500 and Nasdaq finished out the quarter with their biggest quarterly gains since 2020 as investors remained upbeat about economic and earnings growth even amid the Middle East conflict. The indexes ended higher for the day as well on Tuesday, with technology among the biggest sector gainers in the […]

Government

Virginia State Capitol in Richmond, Virginia, Photo: Depositphotos

Virginia finalizes $200B+ 2026-28 budget

Virginia legislators finalized a $200 billion-plus budget including a new data center electricity tax and a marijuana retail sales framework.

People

Jessica Hersey. Photo courtesy CGI Federal.

CGI Federal names SVP of defense, intelligence, space

Jessica Hersey has joined Fairfax County-based federal contractor CGI Federal as senior vice president of defense, intelligence and space.

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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

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

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

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

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

Apple raises prices of MacBooks, iPads as memory costs skyrocket

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

The blue Ford oval logo is displayed on the new Ford World Headquarters in Dearborn, Michigan, U.S. November 16, 2025. REUTERS/Rebecca Cook/File Photo

Ford to recall over 741,000 US vehicles due to park system issue, NHTSA says

Ford is recalling 741,195 vehicles in the U.S. over a transmission park system defect and 36,046 Bronco vehicles for fender flare issues, says NHTSA.

U.S. Secretary of Energy Chris Wright attends the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, D.C., U.S., March 11, 2026. REUTERS/Kylie Cooper/File Photo

US energy chief exhorts data center backers to push back against opponents

U.S. Energy Secretary Chris Wright urges data center supporters to push back against critics who raise concerns about power use and ai impacts.

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

Oil settles up on US-Iran strikes; cautious hopes for shipping cap gains

Oil prices rose over 1% following US-Iran strikes, with cautious optimism for energy shipping recovery through the Strait of Hormuz amid ongoing talks.

Federal Reserve Governor Lisa Cook walks outside the U.S. Supreme Court, as Supreme Court justices consider U.S. President Donald Trump's effort to fire her, in Washington, D.C., U.S., January 21, 2026. REUTERS/Nathan Howard/File Photo

US Supreme Court rejects Trump’s unprecedented bid to fire Fed’s Cook

The U.S. Supreme Court blocked Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook, preserving the Fed's independence from presidential removal.

U.S. President Donald Trump walks to address guests as he hosts a dinner with farmers in the Rose Garden of the White House in Washington, D.C., U.S., June 25, 2026. REUTERS/Evan Vucci

Trump threatens 100% tariff on any country that imposes digital services tax

U.S. President Donald Trump threatens a 100% tariff on goods from countries that impose digital services taxes on American companies, escalating trade tensions with Europe.

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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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