latest news

Introducing Behind the Deal: A new feature for showcasing your business deals
Virginia Business and BridgeTower Media are pleased to introduce our new BTM Behind the Deal program, which will allow Virginia law firms and other organizations to spotlight their successful business deals — mergers, acquisitions, divestitures, financings, initial public offerings, etc. — for the local legal and business community. 2025 is expected to be a strong […]
Industries

Va. looks to produce more ‘middle-skilled’ workers
When Tennessee-based Microporous officials visited Virginia in 2022 to scout locations for a new plant, Danville leaders took them to local public schools. That might seem like an unusual field trip, but choosing the right site for a manufacturing operation is not as simple as picking a plot of land anymore, says Julie Brown, vice […]
Real Estate

CoStar completes $1.6B acquisition of Matterport
Arlington County-based real estate data and analytics company CoStar Group announced Friday that it had completed the acquisition of Sunnyvale, California-based 3D digital twin technology company Matterport. CoStar says the $1.6 billion acquisition, which was announced last year, will allow the company to accelerate the adoption of AI-driven digital twin technology across the global real […]
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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