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Rocket Lab...

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

Rocket Lab will acquire McLean-based Iridium Communications in an $8 billion deal, expanding its satellite business.

Buc-ee’s purchases...

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

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fiber optics

Luna Innovations to be acquired by NY private equity firm

Luna Innovations announced last week that it has agreed to be acquired by an affiliate of New York-based private equity firm TJC.

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

AdobeStock

Orvis to keep operations in Roanoke while relocating warehouse

Orvis will keep Roanoke operations while relocating its warehouse, retaining 60 jobs with support from a city grant.

Money

Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, U.S. June 24, 2026. REUTERS/Brendan McDermid

Wall Street ends higher as US-Iran attacks ease; major tech-related shares jump ; major tech-related shares jump

U.S. stocks climbed with the Dow hitting a record close as easing tensions between the U.S. and Iran and gains in tech shares boosted markets.

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[...]

see all events

Around The Nation

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

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

US announces $17.5B in conditional loans for nuclear power

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.

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 […]

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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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