2023 Virginia Business Person of the Year: Kristen Cavallo
Martin Agency, MullenLowe Global CEO leads with purpose
In 2017, Kristen Cavallo and her son, Matt, then a student on spring break from James Madison University, set out to climb Mount Kilimanjaro with a seven-day window to summit.
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JPMorgan Chase gives $5.3M to DMV career pathways program
TalentReady increases internships and capstone projects
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JPMorgan Chase has donated $5.3 million to TalentReady, a student career pathways program in Virginia, Maryland and Washington, D.C., the bank announced Thursday. The program, which is organized by the
GSA inspector general to probe FBI HQ site selection
Va. officials cried foul on override decision by GSA official
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Three weeks after U.S. Sen. Mark Warner lambasted a decision to place the FBI headquarters in Maryland instead of Springfield as “corrupt,” the Office of the Inspector General at the
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Boeing receives $2.3B Air Force contract for tanker aircraft
Lot 10 includes 15 KC-46A Pegasus tankers
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Arlington County-based Boeing has received a $2.3 billion contract to build 15 more KC-46A Pegasus tankers for the Air Force. The Pentagon announced the award for production lot 10 of
Fed’s Fifth District economy grows slightly
Strong consumer spending drives growth
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The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) grew slightly in recent weeks, according to the latest
Lego donates $1M to six Richmond-area nonprofits
Danish toymaker is building $1B Chesterfield facility
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Lego Group has distributed $1 million in grants across six Richmond region nonprofits, the Danish toymaker announced Thursday. The company, which broke ground in April on its $1 billion manufacturing
Pittsylvania site is top contender for $100M battery project
Microporous investment could top $1B, 1,500 workers
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Updated 4:15 p.m. Nov. 28 The Southern Virginia Megasite at Berry Hill in Pittsylvania County is the top contender for a lithium-ion battery manufacturing project that could top $1 billion
Va. could get $100M+ lithium-ion battery project
Sen. Warner's office says N.C. also may be in running, though
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A $100 million-plus lithium-ion battery project could be coming to Virginia, the U.S. Department of Energy announced Monday, but a spokesperson for U.S. Sen. Mark Warner said North Carolina could
HII division to boost intel sharing for Five Eyes alliance
Mission Technologies will work under Air Force contract
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Huntington Ingalls Industries’ McLean-based Mission Technologies division has received a three-year contract to provide information sharing capabilities between the Five Eyes intelligence alliance. Newport News-based HII announced the award Nov.
Va. joins collaborative to launch air taxi industry
Va. is one of eight states in group
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Virginia has joined seven other states in forming a collaborative to support the growth of the advanced air mobility industry. The Advanced Air Mobility Multistate Collaborative represents all aviation modes,
Electra’s hybrid prototype aircraft takes first flight
Goldfinch flew 23 mins out of Manassas airport Nov. 19
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A Manassas aircraft manufacturer that’s developing an electric short takeoff and landing (eSTOL) aircraft logged a significant milestone Nov. 19 when it completed its first hybrid-electric flight. Electra’s EL-2 Goldfinch
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Sweet Briar College names alumna 14th president
Mary Pope Maybank Hutson is a 1983 grad
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Sweet Briar College will keep Mary Pope Maybank Hutson as its president permanently after serving as interim president since July, the private women’s college announced Thursday. Hutson is the 14th
HII’s Mission Technologies names new CIO
Marc Sosa joins from Serco
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Newport News-based Huntington Ingalls Industries has named Marc Sosa as chief information officer for its McLean-based Mission Technologies division, the Fortune 500 contractor announced Thursday. Sosa will be responsible for
Va. Tech hires CIO from Brown
Sharon P. Pitt to start in February
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Virginia Tech has named Sharon P. Pitt its vice president for information technology and chief information officer, the university announced Tuesday. Pitt will start her new role on Feb. 1,
Norfolk makes economic development head permanent
Sean Washington had been serving as interim
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The City of Norfolk will keep Sean Washington as its director of economic development permanently after serving as interim director since August 2022, the city announced Tuesday. His appointment was
Opinion
Pot of gold
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Placing aside the morality of marijuana use, let’s consider how much money Virginia is currently leaving on the table without a regulated, taxed recreational cannabis market. In 2020, directed by
It’s alive — with possibilities
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Just a word of friendly warning: Our November cover story is one of the strangest tales ever told. I think it will thrill you. It may shock you. It might
A game of political football
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Starting in 1966, the team formerly known as the Redskins began its RFK Stadium sellout streak. For decades, tickets for home games were harder to snag than Taylor Swift tickets
Long-range forecast
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In this 2023 issue of Hampton Roads Business, several experts give us their takes on what the region will look like in 20 years. A lot of what we think