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Nightingale Ice Cream cancels expansion plans

Nightingale Ice Cream Sandwiches has canceled plans for a $5.8 million expansion into a new Richmond facility.

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Youngkin, Senate Dems continue fight over university boards

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Nathan Trotter plans $65M tin processing plant in Southern Virginia

Nathan Trotter will invest $65M in a Henry County tin processing facility, creating 118 jobs and boosting the U.S. critical minerals supply chain.

Industries

UVA Health University Medical Center taps interim CEO

UVA Health University Medical Center taps interim CEO

UVA Health has tapped longtime health care executive Teresa L. Edwards to serve as interim CEO of its University Medical Center.

Real Estate

US housing market shifts toward buyers as prices cool

US housing market shifts toward buyers as prices cool

The U.S. housing market is cooling, with more listings, slower price growth, and seller concessions—though affordability remains limited.

Money

US inflation worsened last month as the cost of gas, food and airfares jumped

US inflation worsened last month as the cost of gas, food and airfares jumped

WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries, hotel rooms and airfares rose, along with the cost of clothes and used cars. Consumer prices increased 2.9% in August from a year earlier, the Labor Department said Tuesday, up from 2.7% the previous month and the biggest increase since January. Excluding […]

Government

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$1.64B CACI defense contract paused after Accenture protest

Following a protest by Accenture Federal Services, the Government Accountability Office has paused a $1.64 billion defense contract awarded to Reston-based Fortune 500 government contractor CACI International. On Aug. 11, the Department of Defense — which President Trump recently rebranded as the Department of War by executive order, pending congressional authorization for a formal name […]

People

Dollar Tree announced that Brent Beebe will be promoted to chief merchandising officer effective April 2026. Photo Courtesy Dollar Tree

Dollar Tree promotes exec to chief merchandising officer

Dollar Tree announced Tuesday that Brent Beebe will be promoted to chief merchandising officer effective April 2026.

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BTM Business Connect

Noninvasive Liver Cancer Treatment Now Available in Virginia; Transformational Milestone Reached in Evolution of Focused Ultrasound with $2.25B HistoSonics Acquisition

Noninvasive Liver Cancer Treatment Now Available in Virginia; Transformational Milestone Reached in Evolution of Focused Ultrasound with $2.25B HistoSonics Acquisition

Virginians now have access to a new noninvasive liver cancer treatment. UVA Health in Charlottesville is the first hospital in the state to treat liver tumors with histotripsy, an incisionless technique using focused ultrasound to liquify target tissue without heat. Histotripsy was invented by the late Charles A. Cain, PhD, Zhen Xu, PhD, and a […]

Movers & Shakers

EVENTS

C-Suite Awards

Details coming soon!

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

Forty Under 40

Details coming soon!

Virginia Business is pleased to launch its inaugural Forty Under 40 Awards program in 2025!

Best Places to Work in Virginia

Details coming soon!

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

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Around The Nation

Senate committee approves Trump’s Fed Board nominee, raising concerns about its independence

South Korean plane in Atlanta for workers detained in immigration raid; departure timeline uncertain

US household income rose slightly last year, roughly matching 2019 level

New data shows the US job market was much weaker than thought in 2024, and this year as well

Chief justice lets Trump remove member of Federal Trade Commission for now

South Koreans feel betrayed by workforce detentions at Georgia Hyundai plant

PNC to buy FirstBank for $4.1B, expanding to Arizona, Colorado

SpaceX, EchoStar strike $17B spectrum deal for Starlink

The number of Americans filing for jobless benefits last week hits 263,000, most in nearly 4 years

The number of Americans filing for jobless benefits last week hits 263,000, most in nearly 4 years

WASHINGTON (AP) — U.S. jobless claim applications jumped to their highest level in almost four years last week, the latest sign that the labor market is softening. The number of Americans filing for unemployment benefits for the week ending Sept. 6 rose 27,000 to 263,000, the Labor Department reported Thursday. That’s the most filings since […]

Korean workers detained in immigration raid bound for Atlanta and flight back home

Korean workers detained in immigration raid bound for Atlanta and flight back home

ATLANTA (AP) — More than 300 South Korean workers detained in an immigration raid at a Georgia battery plant last week headed to Atlanta on Thursday and a flight home. South Korea’s Foreign Ministry confirmed they were due arrive in South Korea late Friday afternoon. The developments came the same day South Korean President Lee Jae Myung called for […]

Trump says he’s firing Fed Governor Lisa Cook, opening new front in fight for central bank control

Trump administration appeals ruling blocking him from firing Federal Reserve Gov. Cook

WASHINGTON (AP) — President Donald Trump’s administration on Wednesday appealed a ruling blocking him from firing Federal Reserve Gov. Lisa Cook as he seeks more control over the traditionally independent board. The notice of appeal came hours after U.S. District Judge Jia Cobb handed down the ruling. The White House has insisted Trump, a Republican, has the right […]

Musk loses crown as world’s richest to software giant Larry Ellison in new Bloomberg ranking

Musk loses crown as world’s richest to software giant Larry Ellison in new Bloomberg ranking

FRANKFURT, Germany (AP) — Danish pharmaceutical company Novo Nordisk, maker of weight-loss drug Wegovy, said Wednesday it would cut 9,000 jobs, 5,000 of them in Denmark, in order to strengthen the company’s focus on growth opportunities in obesity and diabetes medications. The restructuring, which would eliminate 11% of the company’s workforce, aimed to reduce organizational […]

Novo Nordisk, maker of obesity drug Wegovy, to cut 9,000 jobs to sharpen focus, meet competition

Novo Nordisk, maker of obesity drug Wegovy, to cut 9,000 jobs to sharpen focus, meet competition

FRANKFURT, Germany (AP) — Danish pharmaceutical company Novo Nordisk, maker of weight-loss drug Wegovy, said Wednesday it would cut 9,000 jobs, 5,000 of them in Denmark, in order to strengthen the company’s focus on growth opportunities in obesity and diabetes medications. The restructuring, which would eliminate 11% of the company’s workforce, aimed to reduce organizational […]

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Opinion

The Mailroom: No excuses for illegal immigration

The Manager Multiplier: How Engagement Turns Into Margin

George Mason President Gregory Washington deserves to stay

OurView: Our name is United S., and we’re addicted to undocumented labor

OurView: Nothing new under the sun in Virginia politics

Bad managers drive away talent

Let us honor Virginia’s military through educational opportunities

I voted for Trump. His tariff exclusions don’t reflect conservative strength

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

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

Perhaps the greatest symbol of tech companies’ uncanny valley visions or the AI-powered future are dark factories — also called lights-out factories, these AI-managed manufacturing plants are so fully automated that machines perform their work in full or near darkness 24 hours a day, seven days a week, without breaks — and largely without humans. […]

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

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

Honestly, this job would be a breeze if it weren’t for the people part.” A regional sales director said that after recounting missed targets, two resignations and a turf war between product and marketing. The room laughed — tired laughter, the kind that comes when you recognize a hard truth. Plans obey Gantt charts; people […]

The Mailroom: No excuses for illegal immigration

The Mailroom: America needs immigrants

I appreciate your column in the July issue of Virginia Business on the value of immigrants (“Your friends and neighbors”).  I’ve been sounding the benefits of immigrants for years since working in the nonprofit sector helping immigrants and refugees in the 1990s. In addition to the factors and data you cite, I find it also […]

Virginia’s universities at risk if checks and balances fail

Virginia’s universities at risk if checks and balances fail

The Virginia Supreme Court will soon decide a case that goes to the heart of how we govern our public universities.

Chelsea Higgs Wise is co-founder and executive director of Virginia-based nonprofit Marijuana Justice. Photo by Keshia Eugene

Virginia’s chance to legalize marijuana right

As Virginia lawmakers craft the licensing framework for a regulated adult-use cannabis market, there are many lessons to be learned from other jurisdictions.

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