latest news

Randolph-Macon College names next president
Ashland’s Randolph-Macon College has chosen Michael E. Hill as its 16th president, effective Aug. 1, the college announced Tuesday. Hill is currently president of Chautauqua Institution, a western New York nonprofit educational institution for children and adults that runs extensive theater, music and other arts programming during its nine-week summer season. He will succeed Randolph-Macon […]
Industries

Defense optics manufacturer to open Virginia Beach facility
Vidarr, which makes night vision goggles and other defense optical equipment, will invest $2.69 million over the next three years to open a manufacturing facility in Virginia Beach, a project estimated to create 40 jobs, Gov. Glenn Youngkin announced Friday. The New Hampshire company’s manufacturing facility is moving into a 16,410-square-foot building located at 2656 […]
Real Estate

231-unit apartment complex near U.Va. slated to open in 2027
Work began in mid-February on Blume on Ivy, a 231-unit apartment building on Ivy Road, near the University of Virginia’s School of Data Science. The project is being developed by Up Campus Student Living, a Chicago-based investor, developer and manager of student housing and campus-area real estate. It’s slated to open in fall 2027. A […]
Money

Capital One, Discover shareholders approve $35.3B acquisition
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. […]
Government

HII installs 3D printed valve manifold assembly on aircraft carrier
Huntington Ingalls Industries announced Tuesday that it has successfully used additive manufacturing for the first time to build a valve manifold assembly for a new construction aircraft carrier at HII’s Newport News Shipbuilding subsidiary. NNS says it is integrating additive manufacturing, also known as 3D printing, into the shipbuilding process and is pursuing all opportunities […]
Hotels/Tourism

Tourism: New attractions open, break ground statewide
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 […]
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