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Serco CEO...

Serco CEO is leaving to lead KBR spinoff

Serco CEO Michael LaRouche is leaving the company to lead the planned spinoff of KBR's Mission Technology Solutions business.

Virginia ranks...

Virginia ranks No. 3 in CNBC Top States for Business list

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The Green Plains ethanol plant in Hopewell was closed in 2018 and has been vacant since.

Hopewell weighs data center at former ethanol plant site

A former ethanol plant in Hopewell could soon be the home of the city’s first-ever data center.

Industries

Centra photo

Centra Health opens rehab hospital in Lynchburg

Centra Health and Lifepoint Behavioral Health on Thursday celebrated the opening of the Centra Rehabilitation Hospital in Lynchburg.

Real Estate

FILE PHOTO: A residential home for sale sign is shown in California

US existing home sales unexpectedly fall in June

House prices hit a record high and mortgage rates remained elevated, pushing potential buyers to the sidelines.

Money

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on July 6, 2026. Photo by Reuters/Jeenah Moon

Wall Street ends higher as investors turn to earnings season

Wall Street ended higher as SK Hynix's blockbuster Nasdaq debut boosted investor optimism about memory chip makers.

Government

emeritus-lawyers-Depositphotos_

Richmond law firm no longer represents Martinsville

Richmond law firm Sands Anderson no longer represents the City of Martinsville as legal counsel.

People

Andrew Boyd

Tyto Athene taps former IBM executive as CEO

Tyto Athene names former IBM executive Andrew L. Boyd CEO as Dennis Kelly retires and remains on the board.

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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

Bezos’ Blue Origin seeks first outside funding at $130B valuation, NYT DealBook reports

Oil prices jump 7% as US-Iran truce buckles under fresh hostilities

Oil jumps after settlement as US revokes general license for Iran oil sales

Amazon aims to raise $25B from bond sale, Bloomberg News reports

Trump says 500,000 children receive first $1,000 Trump account deposits

Elon Musk’s bid to set aside Twitter fraud verdict rejected by US judge

Solstice buys Element Solutions in $14.5B deal, sharpens focus on AI market

Microsoft to cut 4,800 jobs, overhaul Xbox unit

OpenAI logo is seen in this illustration taken June 11, 2026. Image by Reuters/Dado Ruvic

OpenAI’s AGI deployment chief Fidji Simo to step down after medical leave

After an extended medical leave for a neuroimmune condition, OpenAI CEO of AGI deployment Fidji Simo will step down from her full-time role.

The logo of SK Hynix is seen on its product during The 26th Semiconductor Exhibition (SEDEX 2024) in Seoul, South Korea, on Oct. 23, 2024. Photo by Reuters/Kim Hong-Ji

SK Hynix’s marquee US debut to test AI appetite

SK Hynix's $26.5 billion U.S. share sale debut tests investor confidence in the ai chip boom amid recent semiconductor stock pullback.

FILE PHOTO: U.S. Federal Reserve Chairman Kevin Warsh holds a press conference in Washington

Fed’s Warsh taps broad group of Fed outsiders to oversee review

Five task forces will review the U.S. central bank's operations, including impact of artificial intelligence.

John C. Williams, President and CEO of the Federal Reserve Bank of New York, speaks in New York

Fed’s Williams expects energy prices to abate even as Iran war flares

New York Federal Reserve President John Williams doesn't expect sustained rise in energy prices.

An Apple logo at an Apple store in Aix-en-Provence

Apple to spend $30B on Broadcom chips as it boosts US sourcing

Apple plans to spend over $30 billion on Broadcom chips through 2031, expanding U.S. sourcing and supporting domestic chip manufacturing efforts.

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Opinion

Are your best people leaving over money — or this?

Maritime and logistics can lift the commonwealth

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

Depositphotos

Virginia’s new pay law requires a number — not the truth

Virginia’s new pay transparency law requires employers to post salary ranges but may not ensure those numbers reflect realistic pay for applicants.

Jaime-Raul-Zepeda

“AI won’t take your job” and other things CEOs say before the layoffs

Gartner reports 80% of billion-dollar companies deploying AI have cut headcount, but these reductions did not improve financial returns.

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.

Haymore_Todd

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 […]

Crutchfield_Bill

Commentary: Entrepreneurs, think creatively

Bill Crutchfield, founder of Crutchfield Corp. in Charlottesville, shares how unconventional thinking drove his company's success.

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