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Omniplex lays...

Omniplex lays off 199 Chantilly workers

Chantilly-based security firm Omniplex World Services will lay off 199 employees on July 31, following the abrupt termination of a contract.

Virginia casinos...

Virginia casinos report $78.5M in June revenue

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DR. MELINA R. KIBBE

U.Va. medical school dean set to leave for new job

Dr. Melina Kibbe, the U.Va. medical school’s dean, is the sole finalist for the University of Texas Health Science Center at Houston’s presidency.

Industries

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Bassett CEO: 3 strategies drove Q2 return to profitability

Despite downward pressures stubbornly weighing on the industry, Bassett Furniture posted a return to profitability in the second quarter.

Real Estate

Bon Secours breaks ground on new medical office building at St. Francis

Bon Secours breaks ground on new medical office building at St. Francis

Bon Secours on Wednesday broke ground on a three-story, 87,790 square-foot medical office building in Chesterfield County.

Money

US stocks drift after an encouraging report on inflation

US stocks drift after an encouraging report on inflation

NEW YORK (AP) — U.S. stock indexes are drifting around their record levels on Wednesday following a better-than-expected update on inflation across the country. The S&P 500 was virtually unchanged in early trading and just below its all-time high set last week. The Dow Jones Industrial Average was up 62 points, or 0.1%, as of 10 a.m. […]

Government

Richmond chooses next economic development director

Richmond chooses next economic development director

The Richmond government on Friday announced that it has appointed Angie Rodgers to be its new director of economic development.

People

Claude Moore foundation hires new exec director

Claude Moore foundation hires new exec director

The Claude Moore Charitable Foundation announced Monday that it has appointed John H. Cook IV as executive director.

Healthcare

BTM Business Connect

Unanet Acquires Beltway Software Firm Contraqer to Help GovCons

2025 GAUGE Report Reveals Keys to GovCon Performance and Resilience

Unanet, a leading provider of ERP and CRM solutions for government contractors (GovCons), and CohnReznick LLP have released the 2025 GAUGE Report revealing timely insights into how GovCons are improving resource planning and program execution, as well as utilization metrics, to stay competitive in today’s dynamic federal contracting market. “When we team up to publish […]

Movers & Shakers

Gary Lowenthal Joins Focused Ultrasound Foundation’s Council

Gary Lowenthal Joins Focused Ultrasound Foundation’s Council

The Focused Ultrasound Foundation is pleased to welcome Gary Lowenthal to its Council, a dedicated group of goodwill ambassadors who work closely with the Board[...]

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

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[...]

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Around The Nation

US manufacturers are stuck in a rut despite subsidies from Biden and protection from Trump

European trade ministers pledge unity after Trump’s surprise 30% tariffs

Trump announces 30% tariffs against EU, Mexico to begin Aug. 1, rattling major US trading partners

‘Abolished’: State Department is laying off over 1,300 employees under Trump administration plan

Bitcoin tops $118,000 for the first time, and keeps on going

Trump plans to hike tariffs on Canadian goods to 35%

White House budget director accuses Fed chair of violating building rules in renovation

Ferrero to Acquire WK Kellogg in $3.1B Cereal Deal

The tariff-driven inflation that economists feared begins to emerge

The tariff-driven inflation that economists feared begins to emerge

WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of everything from groceries and clothes to furniture and appliances. Consumer prices rose 2.7% in June from a year earlier, the Labor Department said Tuesday, up from an annual increase of 2.4% […]

Nvidia to resume highly desired AI computer chip sales to China

Nvidia to resume highly desired AI computer chip sales to China

BANGKOK (AP) — Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday, which stated that the U.S. government had “assured” Nvidia that licenses would be granted — and that […]

US inflation accelerated in June as Trump’s tariffs start to bite

US inflation accelerated in June as Trump’s tariffs start to bite

  WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs are pushing up the cost of a range of goods, including furniture, clothing, and large appliances. Consumer prices rose 2.7% in June from a year earlier, the Labor Department said Tuesday, up from an annual increase of […]

Supreme Court allows Trump to lay off nearly 1,400 Education Department employees

Supreme Court allows Trump to lay off nearly 1,400 Education Department employees

WASHINGTON (AP) — The Supreme Court is allowing President Donald Trump to put his plan to dismantle the Education Department back on track — and to go through with laying off nearly 1,400 employees. With the three liberal justices in dissent, the court on Monday paused an order from U.S. District Judge Myong Joun in Boston, who […]

White House budget director accuses Fed chair of violating building rules in renovation

Under fire by Trump over costs, Chair Powell seeks watchdog review of Fed building overhaul

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has asked an inspector general to review the cost of the central bank’s building renovations that White House officials have attacked as “ostentatious.” A spokesperson for the inspector general, an independent watchdog, confirmed the request and declined further comment. The request was previously reported by CNBC. The Fed has […]

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Opinion

I voted for Trump. His tariff exclusions don’t reflect conservative strength

Getting full value out of college from day one

Ocean freight outlook 2025: tariffs, crisis fuel chaos

Elon Musk’s memo exposes a trust crisis in leadership

Trump’s tariffs echo Hoover-era economic missteps

Our View: Trump charts chaotic course in trade wars

Constructing change

Why let Big Tech destroy our climate?

Gregory Washington took office as the eighth president of George Mason University on July 1. Photo by Lathan Goumas

George Mason President Gregory Washington deserves to stay

George Mason faculty say President Gregory Washington has led the university to new heights and warn against politically motivated efforts to oust him.

Our name is United S., and we’re addicted to undocumented labor

Our name is United S., and we’re addicted to undocumented labor

Amid all the recent protests, debates and debacles regarding illegal immigration and the second Trump administration’s heavy-handed response to it, one truth seems to be getting lost: America is reliant on undocumented workers. In its October 2024 study, “Mass Deportation: Devastating Costs to America, Its Budget and Economy,” the left-leaning American Immigration Council found that […]

Virginia Republican candidate for lieutenant governor John Reid posted a video April 25, 2025, saying that he would stay in the race despite Gov. Glenn Youngkin's demand that he resign from the ticket.

OurView: Nothing new under the sun in Virginia politics

In late April, GOP lieutenant governor candidate John Reid posted a highly atypical campaign video on X. His political enemies within the party, Reid alleged, were staging a “coordinated character assassination attempt to force [him as] the first openly gay candidate off the Republican statewide ticket.” Gov. Glenn Youngkin, Reid said, had asked him to […]

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Bad managers drive away talent

When you manage people, you don’t just oversee productivity — you hold careers, livelihoods and psychological well-being in your hands. The data doesn’t lie, and neither do the millions who’ve weighed in on what constitutes leadership worth following. Fact: 69% of U.S. workers would rather clean toilets at a bus station than report to a […]

In this photo provided by the U.S. Navy, Hospital Corpsman 1st Class Garion Pequeno reunites with his family after departing the USS Cole on Monday, Dec. 23, 2024, at Naval station Norfolk after a deployment. (Mass Communication Specialist Seaman Mark Peña/U.S. Navy via AP)

Let us honor Virginia’s military through educational opportunities

Today, we write to call on our leaders to continue investing in pathways that serve military families, keep them in Virginia, and strengthen Virginia’s economic future. The Virginia Military Survivors and Dependents Education Program — or VMSDEP — provides in-state tuition waivers to the spouses and children of service members who were disabled or killed in the line of duty.

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