Youngkin takes chairman role at Red Cell Partners

Former Virginia Gov. Glenn Youngkin joined Red Cell Partners as partner and chairman of the technology venture studio.

Averett University names next president, its fourth in 18 months

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Virginia casino revenue tops $92M in June

Virginia casinos generated more than $92 million in June gaming revenue, with Caesars Virginia leading the state's five casinos.

Medical Faculty Associates plans to terminate 105 Virginia workers

Medical Faculty Associates plans 105 Virginia layoffs as it transitions most clinical services to Capital Medical Group.

Arlington Court House-area high rise sells for $216M

Boston-based GID paid about $216 million for The Commodore, a 423-unit Arlington apartment tower now rebranded Windsor Courthouse.

Wall Street ends lower for the day and week as chip selloff broadens

Wall Street closed lower with semiconductor stocks leading a broad selloff amid a slowdown in the ai spending boom and mixed economic signals.

Virginia to receive part of $45M multistate settlement with Cash App owner

A multistate coalition including Virginia reached a $45 million settlement with Block over allegedly deceptive practices on Cash App.

Peraton promotes acting CFO to permanent role

Peraton announced Wednesday that acting Chief Financial Officer Salim Omar has been named the company's permanent CFO, effective June 20.

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 […]

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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

UnitedHealth regains earnings momentum, shares surge

Fed’s Cook says she is prepared to act soon if inflation does not begin to slow

Stripe, Advent offer to buy PayPal for more than $53B, sources say

Oil prices rise 2% to one-month high as US-Iran attacks deepen supply disruption

Trump cuts to clean energy linked to $83B in delayed or canceled projects

Fed chief Warsh vows to ‘do my job’ if challenged by Trump

IBM warns AI boom is squeezing software budgets; shares sink in sector rout

Fed’s Waller says rate hike may be needed if core inflation stays hot

Federal Open Market Committee meeting on interest rate policy at the Federal Reserve, in Washington

Fed rate-hike voices swell before July decision, rates still seen on hold

Cleveland Fed President Beth Hammack calls for interest rate hikes to combat persistent inflation ahead of the Fed's July meeting.

Meta, Anthropic in talks for potential $10B compute lease deal, NYT reports

Meta Platforms is in talks to lease computing power to Anthropic in a potential $10 billion deal, aiming to expand its cloud computing business.

New iPhone 17 demonstrated in Moscow store ahead of sales launch in Russia

Apple unseats Nvidia to become world’s most valuable company as AI bets shift

Apple surpassed Nvidia to become the world's most valuable company, reflecting changing investor focus on ai and Apple's growing role in the tech sector.

The Great American State Fair in Washington

Truth Social to sell banks ‘fastest’ access to Trump’s posts

Trump Media & Technology Group launches Truth API to give banks and trading firms fastest access to influential Truth Social posts.

FILE PHOTO: Signage is seen outside of CFTC in Washington, D.C.

Trump’s teleprompter operator under CFTC probe over potential insider trading, sources say

Gabriel Perez, Trump's teleprompter operator, is under CFTC investigation for potential insider trading on Kalshi's prediction market platform.

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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

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Virginia’s economic competitiveness depends on civic infrastructure

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Millennials burn out while holding it all together

Bridging the workplace soft-skills gap across generations

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.

“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.

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 […]

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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Handwriting text writing Student Loan. Concept meaning financial assistance designed to help students pay for school.

Comprehensive Guide to Student Debt Relief Programs and...

Many people begin exploring student loan solutions only after their payments start to[...]

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Small businesses are the backbone of local economies, powered by grit, creativity and[...]

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Bluefield’s Bold Border Plan: How a Cross-State I...

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Youngkin takes chairman role at Red Cell Partners

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Virginia casino revenue tops $92M in June

Industries

Medical Faculty Associates plans to terminate 105 Virginia workers

Real Estate

Arlington Court House-area high rise sells for $216M

Money

Wall Street ends lower for the day and week as chip selloff broadens

Government

Virginia to receive part of $45M multistate settlement with Cash App owner

People

Peraton promotes acting CFO to permanent role

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Rolley Davis Promoted to President of Sussex Development Corporation

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EVENTS

Around The Nation

Fed rate-hike voices swell before July decision, rates still seen on hold

Meta, Anthropic in talks for potential $10B compute lease deal, NYT reports

Apple unseats Nvidia to become world’s most valuable company as AI bets shift

Truth Social to sell banks ‘fastest’ access to Trump’s posts

Trump’s teleprompter operator under CFTC probe over potential insider trading, sources say

Opinion

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

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

One in a trillion: Musk’s milestone

Could Virginia’s data center fight scare off other industries?

Commentary: Entrepreneurs, think creatively

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