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Supreme Court allows Trump’s federal job cuts plan

WASHINGTON (AP) — The Supreme Court on Tuesday cleared the way for President Donald Trump’s plans to downsize the federal workforce despite warnings that critical government services will be lost and hundreds of thousands of federal employees will be out of their jobs. The justices overrode lower court orders that temporarily froze the cuts, which have been […]

Dollar Tree...

Dollar Tree completes $1B Family Dollar sale

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Richmond EDA seeks developer for Intermediate Terminal Building

Richmond EDA seeks developer for Intermediate Terminal Building

The Richmond economic development authority issued a request for proposals for the redevelopment of the Intermediate Terminal Building.

Industries

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CohnReznick acquires Henrico CPA firm

CohnReznick announced Tuesday that it has acquired Glen Allen-based certified public accountant firm Piascik & Associates.

Real Estate

Bon Secours breaks ground on new medical office building at St. Francis

Bon Secours breaks ground on new medical office building at St. Francis

Bon Secours on Wednesday broke ground on a three-story, 87,790 square-foot medical office building in Chesterfield County.

Money

Wall Street ends mixed amid Trump’s new tariff deadlines

Wall Street ends mixed amid Trump’s new tariff deadlines

A choppy day in the markets left major U.S. stock indexes little changed Tuesday as the Trump administration pressed its campaign to win more favorable trade deals with nations around the globe by leaning into tariffs on goods coming into the U.S. The S&P 500 slipped 0.1% a day after posting its biggest loss since […]

Government

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Parsons acquires CTI for $89M

Parsons announced Tuesday that it has acquired Maryland-based Chesapeake Technology International for $89 million.

People

Fred Pasquine. Photo courtesy Fairlead

Fairwinds Landing partner promotes new CEO

Portsmouth-based Fairlead announced Monday that it is promoting its president, Fred Pasquine, to president and CEO, effective immediately.

Healthcare

BTM Business Connect

Unanet Acquires Beltway Software Firm Contraqer to Help GovCons

2025 GAUGE Report Reveals Keys to GovCon Performance and Resilience

Unanet, a leading provider of ERP and CRM solutions for government contractors (GovCons), and CohnReznick LLP have released the 2025 GAUGE Report revealing timely insights into how GovCons are improving resource planning and program execution, as well as utilization metrics, to stay competitive in today’s dynamic federal contracting market. “When we team up to publish […]

Movers & Shakers

EVENTS

C-Suite Awards

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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

EU braces for Trump tariff hike as deadline nears

U.S. warns of tariff hikes as Trump deadline nears

Trump signs tax cut bill at July 4 White House event

House passes Trump’s $4.5T tax cut and spending bill

The US labor market continues to surprise and the unemployment rate, against the odds, is falling

Del Monte, the 139-year-old canned fruits and vegetables company, seeks bankruptcy protection

Analysis shows Trump’s tariffs would cost US employers $82.3 billion

Microsoft Begins Second Round of Mass Layoffs

X CEO Linda Yaccarino steps down after two years

X CEO Linda Yaccarino steps down after two years

X CEO Linda Yaccarino said she’s stepping down after two bumpy years running Elon Musk’s social media platform. Yaccarino posted a positive message Wednesday about her tenure at the company formerly known as Twitter and said “the best is yet to come as X enters a new chapter with” Musk’s artificial intelligence company xAI, maker […]

NWS cuts spark concern over weather data privatization

NWS cuts spark concern over weather data privatization

WASHINGTON (AP) — As commerce secretary, Howard Lutnick oversees the U.S. government’s vast efforts to monitor and predict the weather. The billionaire also ran a financial firm, which he recently left in the control of his adult sons, that stands to benefit if President Donald Trump’s administration follows through on a decade-long Republican effort to […]

Nvidia becomes first $4T public company

Nvidia becomes first $4T public company

NEW YORK (AP) — Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after two-year investor frenzy. Nvidia shares rose 2.5%, or $3.97, in early trading Wednesday, topping $164 each. At the beginning of 2023, Nvidia shares were around $14 each. The poster child of the AI boom, Nvidia […]

TSA to ease shoe removal rule at U.S. airports

TSA to ease shoe removal rule at U.S. airports

For the first time in almost 20 years, travelers may no longer be required to take off their shoes during security screenings at U.S. airports. The Transportation Security Administration is looking to abandon the additional security step that has for years bedeviled anyone passing through U.S airports, according to media reports. If implemented, it would […]

Trump to put 25% tariffs on Japan and South Korea, new import taxes on 12 other nations

Trump to put 25% tariffs on Japan and South Korea, new import taxes on 12 other nations

WASHINGTON (AP) — President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other nations that would go into effect on Aug. 1. Trump provided notice by posting letters on Truth Social that were addressed to the leaders of the various […]

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Opinion

Getting full value out of college from day one

Ocean freight outlook 2025: tariffs, crisis fuel chaos

Elon Musk’s memo exposes a trust crisis in leadership

Trump’s tariffs echo Hoover-era economic missteps

Our View: Trump charts chaotic course in trade wars

Constructing change

Why let Big Tech destroy our climate?

Our View: Making Virginia grate again

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

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

Amid all the recent protests, debates and debacles regarding illegal immigration and the second Trump administration’s heavy-handed response to it, one truth seems to be getting lost: America is reliant on undocumented workers. In its October 2024 study, “Mass Deportation: Devastating Costs to America, Its Budget and Economy,” the left-leaning American Immigration Council found that […]

Virginia Republican candidate for lieutenant governor John Reid posted a video April 25, 2025, saying that he would stay in the race despite Gov. Glenn Youngkin's demand that he resign from the ticket.

OurView: Nothing new under the sun in Virginia politics

In late April, GOP lieutenant governor candidate John Reid posted a highly atypical campaign video on X. His political enemies within the party, Reid alleged, were staging a “coordinated character assassination attempt to force [him as] the first openly gay candidate off the Republican statewide ticket.” Gov. Glenn Youngkin, Reid said, had asked him to […]

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Bad managers drive away talent

When you manage people, you don’t just oversee productivity — you hold careers, livelihoods and psychological well-being in your hands. The data doesn’t lie, and neither do the millions who’ve weighed in on what constitutes leadership worth following. Fact: 69% of U.S. workers would rather clean toilets at a bus station than report to a […]

In this photo provided by the U.S. Navy, Hospital Corpsman 1st Class Garion Pequeno reunites with his family after departing the USS Cole on Monday, Dec. 23, 2024, at Naval station Norfolk after a deployment. (Mass Communication Specialist Seaman Mark Peña/U.S. Navy via AP)

Let us honor Virginia’s military through educational opportunities

Today, we write to call on our leaders to continue investing in pathways that serve military families, keep them in Virginia, and strengthen Virginia’s economic future. The Virginia Military Survivors and Dependents Education Program — or VMSDEP — provides in-state tuition waivers to the spouses and children of service members who were disabled or killed in the line of duty.

Tanveer Kathawalla, founder and managing partner of Pioneer1890, based in Alexandria. Photo courtesy Tanveer Kathawalla

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

Alexandria business founder Tanveer Kathawalla writes in an op-ed that President Donald Trump's tariffs project decline and harm industry and the nation's ability to reduce federal debt.

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