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13 rural...

13 rural hospitals in Virginia at risk of closure, new report finds

Thirteen of Virginia's 36 rural hospitals are at risk of closure in a new report from the Virginia Joint Commission on Health Care.

Virginia medical...

Virginia medical marijuana market consolidates

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Randolph-Macon terminates dining contract, with 80 workers impacted

Parkhurst Dining will permanently shut down its operations at Randolph-Macon College next month, laying off 80 employees.

Industries

U.Va. alumni Kathleen and David LaCross. Photo courtesy University of Virginia

U.Va. gifted $43.4M for early childhood learning center

U.Va. receives a $43.4 million gift from Kathleen and David LaCross to build an early childhood learning center in Charlottesville.

Real Estate

A for sale sign is shown in front of a single family home in Carlsbad, California, U.S., May, 13, 2026. REUTERS/Mike Blake

US existing home sales increase more than expected in May

U.S. existing home sales increased 3.2% in May to 4.17 million units, exceeding forecasts despite rising mortgage rates and tight inventory.

Money

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 8, 2026. REUTERS/Brendan McDermid

S&P 500, Nasdaq fall as tech selling resumes, Trump vows to react to downed US helicopter

The S&P 500 and Nasdaq declined as tech stocks resumed selling amid Iran tensions and investor caution ahead of inflation data and SpaceX IPO.

Government

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Virginia Beach City Council voices support for citywide ban on large data centers

Virginia Beach City Council unanimously agreed to direct staff to draft an ordinance prohibiting large-scale data centers within city limits.

People

Government Contractors | Technology 2025: GRAY, DeETTE

CACI International U.S. operations president to retire

CACI President of U.S. Operations DeEtte Gray will retire June 30 and remain a strategic adviser through 2026.

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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

C-Suite Awards

Details coming soon!

The C-Suite Awards celebrate top corporate executives who consistently demonstrate remarkable leadership skills, integrity, values, vision, [...]

Forty Under 40

Details coming soon!

Forty Under 40 recognizes up and coming business professionals — Under the age of 40 — based on their professional accomplishments, comm[...]

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[...]

Women In Leadership

Details coming soon!

The Women in Leadership Awards celebrate top women executives for their overall professional accomplishments, civic engagement, mentorship, [...]

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Around The Nation

Anthropic urges AI labs to pause development, warns humans risk losing control

Oil prices fall on mounting hopes for de-escalation in US-Iran War

Trump unveils $700M coal support plan using emergency powers

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

US weekly jobless claims increase to four-month high; worker productivity revised down

US private payrolls rise broadly in May

SpaceX will disrupt $1.6T US communications industry, Oppenheimer says

US states sue Trump administration and TotalEnergies over offshore wind cancellation

People shop for groceries at a store in Port Washington, New York, U.S., November 19, 2025. REUTERS/Shannon Stapleton

US wholesale inventories increase for third straight month in April

U.S. wholesale inventories increased 0.6% in April, marking the third straight month of growth amid supply concerns linked to the U.S.-Iran conflict.

Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Carlos Barria

OpenAI files for US IPO after Anthropic as AI giants head to public markets

OpenAI confidentially filed for a U.S. IPO targeting up to a $1 trillion valuation amid growing competition from Anthropic and SpaceX in the AI sector.

The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid

Amazon, Corning sign multibillion-dollar deal to boost fiber optics manufacturing in US

Amazon and Corning signed a multi-billion-dollar deal to expand fiber optics manufacturing and create 1,000 jobs at Corning's North Carolina facilities.

A pump jack operates outside of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman

Oil prices pares gains after Iran announces end to attacks on Israel

Oil prices eased after Iran announced an end to attacks on Israel, despite warnings of harsher strikes if Israel continues in Lebanon. Brent crude rose to $94.52.

The SpaceX logo is seen in this illustration taken June 5, 2026. REUTERS/Dado Ruvic/Illustration

SpaceX lands Google AI compute deal after Anthropic pact ahead of IPO

SpaceX has signed a multi-year $920 million cloud services deal with Google to provide AI compute capacity as it prepares for its IPO.

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Opinion

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

Why Virginia’s one-term limit for governors deserves a second look

The December question every leader should anticipate

2025: The year of living disruptively

Economic Development 2025: BELCHER, JONATHAN S.

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 […]

WILLIAM G. ‘BILL’ CRUTCHFIELD JR.

Commentary: Entrepreneurs, think creatively

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

The People Paradox: Why ‘Soft’ Skills Deliver the Hardest Numbers

Are your best people leaving over money — or this?

COVID did something to us that a decade of wellness programs never could. It forced us to look directly at our own mortality and ask with unusual honesty, is this how I want to spend my time? That question did not stay at the dinner table. It followed people into their offices, their Zoom calls […]

Maritime and logistics can lift the commonwealth

Maritime and logistics can lift the commonwealth

Virginia Maritime Association's executive director on state's maritime industry

Richard Foster. Photo by James Lee

No one’s indispensable — and that’s a good thing

Cross-training is a key strategy used by 68% of Virginia’s 2026 Best Places to Work to ensure operational continuity and employee engagement.

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