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Mary Baldwin...

Mary Baldwin University president resigns; new president named

Mary Baldwin University announced this week that president Jeff Stein has resigned, after only two years in the role.

Virginia Democrats...

Virginia Democrats reject more Youngkin university board appointees

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Virginia Tech has received a $16 million commitment from alumnus David Kellogg to support the Blacksburg-based university’s philosophy, politics and economics (PPE) program. Photo courtesy Virginia Tech

Alum donates $16M to Virginia Tech

Virginia Tech has received a $16 million commitment from alumnus David Kellogg to support the university’s PPE program.

Industries

CoStar makes deal to move into Arlington HQ in early 2025

CoStar completes $1.9B acquisition of Domain

CoStar Group announced Wednesday that it has completed its $1.9 billion acquisition of Australian property listings platform Domain.

Real Estate

Average rate on a 30-year mortgage drops to lowest level since April

30-year mortgage rate steady at 10-month low

The average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for prospective homebuyers who have been held back by stubbornly high home financing costs. The long-term rate was unchanged from last week at 6.58%, mortgage buyer Freddie Mac said Thursday. A year […]

Money

Stocks slip on Wall Street after record highs

Stocks slip on Wall Street after record highs

U.S. stocks fell Friday, with the S&P 500 down 0.7% after record highs. August still marks its fourth straight month of gains.

Government

Manufacturing 2025: ROBERT H. SPILMAN JR.

Amentum wins $4B Space Force contract

Amentum has been awarded a contract of up to $4 billion from the United States Space Force to provide engineering and cybersecurity services.

People

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HII promotes exec to new maritime systems post

HII announced Thursday that it has promoted Eric Chewning to executive vice president of maritime systems and corporate strategy.

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BTM Business Connect

Commonwealth Commercial Partners Expands Nashville Office with Strategic Leadership Hire

Commonwealth Commercial Partners Expands Nashville Office with Strategic Leadership Hire

Commonwealth Commercial Partners (CCP), a leading full-service commercial real estate firm, has expanded its Nashville office with the addition of Rob Hennes as Managing Director. This move supports CCP’s ongoing growth across the Southeast and strengthens its ability to provide integrated real estate services in one of the region’s most dynamic markets. Hennes brings over […]

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

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

Nvidia’s latest quarter shows signs of slowing AI chip sales amid concerns of tech bubble

Trump administration threatens some funding for 3 states for not enforcing trucker English rules

U.S. consumer confidence dips in August on job worries

AT&T snatches up wireless spectrum licenses from EchoStar for $23 billion

Trump says he’s firing Fed Governor Lisa Cook, opening new front in fight for central bank control

Elon Musk sues Apple, OpenAI in antitrust AI lawsuit

Powell signals possible Fed rate cut, faces Trump pressure

European postal services halt U.S. package shipments

Trump cancels $679M in funding for offshore wind projects

Trump cancels $679M in funding for offshore wind projects

Imports under $800 no longer enter duty-free after Trump order, forcing new taxes on small parcels and disrupting global shipping services.

Trump ends duty-free rule for imports under $800

Trump ends duty-free rule for imports under $800

Imports under $800 no longer enter duty-free after Trump order, forcing new taxes on small parcels and disrupting global shipping services.

Key US inflation gauge holds mostly steady though core inflation ticks higher

Key US inflation gauge holds mostly steady though core inflation ticks higher

The Fed’s preferred inflation gauge held at 2.6% in July, though core inflation ticked up, keeping rates steady despite Trump’s tariffs.

Trump extends control over Washington by taking management of Union Station away from Amtrak

Trump extends control over Washington by taking management of Union Station away from Amtrak

WASHINGTON (AP) — President Donald Trump’s administration is taking management of Union Station away from Amtrak in the latest example of the federal government exerting its power over the nation’s capital. Transportation Secretary Sean Duffy announced the takeover Wednesday alongside Amtrak President Roger Harris at Washington’s main transportation hub during the launch of an updated version of the rail service’s Acela train. The […]

Cracker Barrel had good reasons to rebrand.

Cracker Barrel had good reasons to rebrand.

Like its namesake barrels that transported soda crackers until boxes replaced them, Cracker Barrel needed to change. The restaurant chain’s new CEO, Julie Felss Masino, laid out the argument to investors last year: Cracker Barrel’s customer traffic was down 16% compared to 2019. Research showed consumers thought the brand fell short of competitors in essential ways, from […]

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Opinion

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

OurView: Nothing new under the sun in Virginia politics

Bad managers drive away talent

Let us honor Virginia’s military through educational opportunities

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

Virginia’s universities at risk if checks and balances fail

Virginia’s universities at risk if checks and balances fail

The Virginia Supreme Court will soon decide a case that goes to the heart of how we govern our public universities.

Chelsea Higgs Wise is co-founder and executive director of Virginia-based nonprofit Marijuana Justice. Photo by Keshia Eugene

Virginia’s chance to legalize marijuana right

As Virginia lawmakers craft the licensing framework for a regulated adult-use cannabis market, there are many lessons to be learned from other jurisdictions.

The Mailroom: No excuses for illegal immigration

The Mailroom: No excuses for illegal immigration

I was disappointed to see that your July column about illegals had a strong liberal slant. The term “undocumented” is liberal speak for illegal entry. It’s crime. We have a legitimate entry vehicle that includes green cards and visa programs in addition to normal immigration. There is no excuse for endorsing illegal activities in the […]

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

The Manager Multiplier: How Engagement Turns Into Margin

You don’t need a billion-dollar strategy to boost your bottom line. You need a manager who gets it. Here’s the math: move a team from meh to energized, and you’ll see profits rise 23%, sales climb 18%, quality jump 14%. No new software. No flashy rebrand. Just people doing their best work. Yet most executives […]

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.

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