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In Newport News speech, Hegseth calls for faster delivery of war ships

Secretary of Defense Pete Hegseth calls for faster delivery, tighter cost discipline in Newport News speech.

Spanberger talks...

Spanberger talks economic priorities in exclusive Q&A

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Owens & Minor rebrands after $375M sale of largest division

Owens & Minor completed the sale of its Products & Healthcare Services segment to Platinum Equity for $375 million.

Industries

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BigBear.ai completes $250M Ask Sage purchase

BigBear.ai announced Wednesday that it has completed its $250 million acquisition of Ask Sage, a Warren County-based company.

Real Estate

Real Estate and Construction: Stagnant with some silver linings

Virginia housing market slowed in November

There were 7,492 closed sales across Virginia in November, 361 fewer than in November 2024, representing a nearly 5% decline.

Money

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 2, 2026. REUTERS/Jeenah Moon

Dow hits record, energy stocks end higher after US strikes Venezuela

Jan 5 (Reuters) – Wall Street ended higher on Monday, with surging financial shares helping lift the Dow Jones Industrial Average to an all-time peak, while energy firms jumped after a U.S. military strike captured Venezuelan President Nicolas Maduro. Investors bet Washington’s move against Venezuela’s leadership would allow U.S. firms access to the world’s largest […]

Government

Democrats will have a larger majority in the Virginia House of Delegates in 2026, giving Speaker Don Scott more breathing room in votes.

2026 Virginia General Assembly preview: Dems contend with tricky budget

With Abigail Spanberger set to become governor, Virginia Democrats enter the 2026 General Assembly session with control of state government and major budgetary challenges.

People

L to R: Chip Dustin and Keishee Hill. Photo courtesy Cushman & Wakefield| Thalhimer

Cushman & Wakefield | Thalhimer announces CFO succession

Cushman & Wakefield | Thalhimer CFO Chip Dustin will retire in the first quarter of 2026 and be succeeded by Keishee Hill, the firm announced.

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BTM Business Connect

Unanet Achieves FedRAMP Ready Status

Unanet Introduces Champ AI™: The Natural‑Language Copilot for GovCon and AEC Firms

Unanet, the leader in AI-first ERP and growth software for project-based businesses, today announced Champ AI™, the natural-language copilot for GovCon and AEC firms. Built as a multi-agent intelligence platform, Champ AI™ helps organizations unify and access data across their systems, automate multi-step tasks, and receive role-aware guidance in the flow of work. A nod […]

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!

Virginia Business is pleased to launch its inaugural Forty Under 40 Awards program in 2025!

Best Places to Work in Virginia

March 31st, 2026 - 4:30 PM

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

Tesla loses EV crown to China’s BYD as competition, tax credit expiry hit demand

Berkshire Hathaway enters post-Buffett era as shares drift lower

Dollar climbs to start 2026 after biggest annual drop in eight years

Nvidia in talks to buy Israeli AI startup AI21 for $3B

Trump’s funding cuts put America’s consumer watchdog on the brink of collapse

SoftBank completes $40B OpenAI investment

Lululemon founder Chip Wilson launches proxy fight for board shakeup

Nvidia takes $5 billion stake in Intel under September agreement

FILE PHOTO: Vehicles of automobile brands belonging to General Motors Company are seen at a car dealership in Queens, New York, U.S., November 16, 2021. REUTERS/Andrew Kelly/File Photo

US auto sales defy regulatory uncertainty to rise 2% in 2025, analysts forecast

DETROIT, Jan 5 (Reuters) – Sales of new cars in the United States rose about 2% in 2025, analysts estimate, defying extraordinary disruptions all year in an industry where “black swan” events have become routine. Several automakers on Monday reported strong December sales to close out the year. Toyota Motor notched an 8% increase in […]

Young man looking for new chair for home at furniture warehouse. Photo: Depositphotos

President Trump delays higher furniture tariffs

WASHINGTON — President Donald Trump signed a New Year’s Eve proclamation delaying higher tariffs on upholstered furniture, kitchen cabinets and vanities for one year as trade negotiations continue with major partners. The order, signed on Wednesday, keeps in place a 25% tariff imposed in September on those imported goods but postpones steeper increases that were set to take […]

President Donald Trump speaks with the press before boarding Marine One on the South Lawn of the White House on Dec. 19. MUST CREDIT: Demetrius Freeman/The Washington Post

Trump says the job market is booming for U.S.-born. The data doesn’t show it.

President Donald Trump and White House leaders say that American workers are winning because of his immigration crackdown. But the data doesn’t back that up. Since the summer, Trump officials have been trumpeting the idea that job creation is booming for U.S.-born workers. Trump said so, too, during a prime-time address last month aimed at […]

US refiner Phillips 66 to acquire Britain’s Lindsey oil refinery assets

US refiner Phillips 66 to acquire Britain’s Lindsey oil refinery assets

U.S. refiner Phillips 66 will acquire assets of Britain’s Lindsey oil refinery after liquidation and integrate them into its Humber site.

A Chevron logo outside the Chevron building in Houston, Texas, U.S. August 19, 2025. REUTERS/Kaylee Greenlee

US oil companies gain after Trump signals access to Venezuela’s reserves

U.S. oil and refining stocks surged after Trump said American firms could access Venezuela’s vast oil reserves amid political upheaval.

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Opinion

Back to school, back to buying? How fall affects Northern Virginia homebuyers

Women execs have tougher climb to top rung

Don’t import 996: Why America should reject overwork culture

OurView: Will AI spell lights out for white-collar workers?

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

The Mailroom: America needs immigrants

Virginia’s universities at risk if checks and balances fail

Virginia’s chance to legalize marijuana right

On Jan. 15, 2022, Republican Glenn Youngkin was sworn in as Virginia’s 74th governor on the steps of the state Capitol. Photo courtesy governor’s office.

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

As Virginia prepares to swear in its first woman governor, it’s worth reexamining whether the commonwealth’s one-term limit on governors serves the state’s long-term economic and leadership interests.

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

The December question every leader should anticipate

As the year winds down, our calendars fill with two things: out-of-office replies and existential dread. December has a funny way of putting a mirror in front of us. In the quiet between deadlines and family gatherings, a perennial set of questions shows up: What am I doing with my life? Do I still want […]

2022 Virginia 500: Moving up

2025: The year of living disruptively

Looking back on 2025, the best symbol of the past year’s upheaval might be the White House, if not its most famous occupant. Since moving back into 1600 Pennsylvania Ave. in January, our real estate mogul president has launched into a series of home renovations worthy of its own HGTV series. The most prominent changes […]

Jared Burden is a Co-Managing Partner of GreeneHurlocker. Photo courtesy Jared Burden

Local leaders shape solar’s future

With federal support shrinking, Virginia’s solar future depends on local boards, zoning decisions and early community engagement.

Beyond burnout: the case for workplaces where people thrive

Beyond burnout: the case for workplaces where people thrive

In my last column, I wrote about the lesson of 996 culture, an overwork philosophy that destroys value. Now, the next question is obvious: What actually creates it? The answer isn’t complicated, but it does require courage. Sustainable business success comes from workplaces where people feel valued, fulfilled and empowered. When employees feel their contributions […]

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