Sign In
Upcoming Event
Free Newsletter
Top Five: March 2026
The most-read stories from VirginiaBusiness.com for Jan. 12 through Feb. 12
Virginia Business //March 1, 2026//
Top Five: March 2026
The most-read stories from VirginiaBusiness.com for Jan. 12 through Feb. 12
Virginia Business //March 1, 2026//
1 | ICE eyes massive Hanover warehouse for processing facility
Hanover County received a letter from Homeland Security confirming its intent to buy a 552,576-square-foot warehouse as a processing facility for detainees, though the owner later backed out of the sale amid vocal opposition from the public and county supervisors. (Jan. 23)
2 | Couple donates $20 million for Virginia Tech medical scholarships
Jim Smith, a senior facilities developer, and his wife, Augustine, endowed in-state scholarships for students at the Virginia Tech Carilion School of Medicine. (Feb. 9)
3 | Fortune 500 retailer CarMax lays off 230 employees, many in Virginia
About 113 of the announced layoffs by the Fortune 500 used-vehicles retailer were in the Richmond area. Affected employees were paid through at least Jan. 31 and received severance, according to CarMax. (Jan. 14)
4 | Spanberger appoints 27 university board members, including Northam
On her first day in office, Gov. Abigail Spanberger wasted no time in naming 27 new members, including former Gov. Ralph Northam, to the boards of George Mason University, Virginia Military Institute and the University of Virginia. (Jan. 20)
5 | Bill seeks to overhaul VMI governance board
A Virginia Beach delegate introduced legislation that would have dissolved the board of visitors at Virginia Military Institute and transfered governance of the Lexington school to Virginia State University. The bill was later revised in committee to retain VMI’s board. (Jan. 29)
-
