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Prince William...

Prince William Digital Gateway data center project officially dies

The controversial Prince William Digital Gateway, a proposed 23 million-square-foot data center complex, is officially dead.

2026 Top...

2026 Top Projects & Real Estate Deals

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Hampton logistics company closes, laying off 63

Times Fiber Communications to close Pittsylvania plant

Times Fiber Communications will close its Chatham plant by the end of October, eliminating 78 jobs, according to a WARN notice.

Industries

AeroVironment's integrated counter-unmanned aerial systems will provide layered protection for critical infrastructure and domestic installations as part of the JIATF-401’s Domestic Shield Program. Photo courtesy AeroVironment

AeroVironment wins $500M Army contract

AeroVironment has been awarded a three-year Army contract worth up to $500 million to provide technology to counter drone attacks.

Real Estate

Pittsylvania site is top contender for lithium-ion battery plant

Virginia budget clears way for $100B Berry Hill data center campus

Virginia's budget keeps the data center tax exemption in place, clearing the way for Stack to advance its proposed $100B Berry Hill project.

Money

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 6, 2026. REUTERS/Jeenah Moon

S&P 500 ends down as AI worries hit chipmakers

The s&p 500 ended lower as chipmakers like Micron and Sandisk fell amid doubts about the sustainability of the ai-driven rally in the US and asia markets.

Government

Virginia State Bar applauds expansion of emeritus bar eligibility

Richmond law firm no longer represents Martinsville

Richmond law firm Sands Anderson no longer represents the City of Martinsville as legal counsel.

People

Sally Coleman Selden became the University of Lynchburg‘s 12th president on July 1. Photo courtesy University of Lynchburg

University of Lynchburg’s 12th president assumes role

Seven years after leaving the University of Lynchburg for The Citadel, Sally Coleman Selden has returned as the university's 12th president.

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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

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

Microsoft to cut 4,800 jobs, overhaul Xbox unit

Trump on financial disclosures: Everyone’s profiting because stock market is up

Microsoft launches firm to help companies adopt AI with $2.5B

OpenAI proposes handing Trump administration 5% stake, FT reports

US job growth slows in June; unemployment rate falls to 4.2% amid decline in labor force

Strategy’s enterprise value falls below bitcoin holdings as crypto sentiment sours

Ford to recall over 741,000 US vehicles due to park system issue, NHTSA says

US energy chief exhorts data center backers to push back against opponents

A pumpjack, used to help lift oil from a well, in the Permian basin near Midland, Texas, U.S., October 8, 2025. REUTERS/Arathy Somasekhar/File Photo

Oil jumps after settlement as US revokes general license for Iran oil sales

Oil prices surged after the U.S. revoked the general license for Iranian crude sales amid tanker attacks near the Strait of Hormuz, raising shipping disruption fears.

Amazon logo outside an Amazon warehouse in Manchester, Britain, October 28, 2025. REUTERS/Phil Noble/File Photo

Amazon aims to raise $25B from bond sale, Bloomberg News reports

Amazon plans to raise at least $25 billion through a bond sale to support its AI infrastructure investments, joining other Big Tech firms in tapping debt markets.

Children pose with U.S. President Donald Trump during an event to mark the launch of "Trump Accounts" in the Oval Office at the White House in Washington, D.C., U.S., July 6, 2026. REUTERS/Evan Vucci

Trump says 500,000 children receive first $1,000 Trump account deposits

President Donald Trump announced the government deposited $1,000 into over 500,000 Trump Accounts to help newborn Americans build wealth early.

Elon Musk gestures as he leaves after attending a welcome ceremony for U.S. President Donald Trump with Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. REUTERS/Evan Vucci/File Photo

Elon Musk’s bid to set aside Twitter fraud verdict rejected by US judge

A US judge denied elon musk's motion to set aside a jury verdict that found him liable for defrauding twitter investors during his $44 billion takeover.

Computer motherboard and chip appear in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration

Solstice buys Element Solutions in $14.5B deal, sharpens focus on AI market

Solstice acquires Element Solutions for $14.5 billion to expand its advanced materials platform focused on ai infrastructure and semiconductor markets.

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Opinion

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

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

Depositphotos

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.

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

“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.

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.

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