Youngkin takes chairman role at Red Cell Partners

Former Virginia Gov. Glenn Youngkin joined Red Cell Partners as partner and chairman of the technology venture studio.

Averett University names next president, its fourth in 18 months

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Virginia casino revenue tops $92M in June

Virginia casinos generated more than $92 million in June gaming revenue, with Caesars Virginia leading the state's five casinos.

Medical Faculty Associates plans to terminate 105 Virginia workers

Medical Faculty Associates plans 105 Virginia layoffs as it transitions most clinical services to Capital Medical Group.

Boston firm buys Featherstone Industrial Park for $132M

TA Realty has purchased the 734,606-square-foot Featherstone Industrial Park in Woodbridge for $132 million.

Wall Street ends lower as chip weakness offsets solid earnings, economic data

Wall Street fell as chip stocks weighed on the Nasdaq and S&P 500 despite strong earnings and solid U.S. economic data.

Virginia to receive part of $45M multistate settlement with Cash App owner

A multistate coalition including Virginia reached a $45 million settlement with Block over allegedly deceptive practices on Cash App.

Peraton promotes acting CFO to permanent role

Peraton announced Wednesday that acting Chief Financial Officer Salim Omar has been named the company's permanent CFO, effective June 20.

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 […]

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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

Oil prices rise 2% to one-month high as US-Iran attacks deepen supply disruption

Trump cuts to clean energy linked to $83B in delayed or canceled projects

Fed chief Warsh vows to ‘do my job’ if challenged by Trump

IBM warns AI boom is squeezing software budgets; shares sink in sector rout

Fed’s Waller says rate hike may be needed if core inflation stays hot

Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels

White House to rally utilities, data centers for AI power cost pledge, sources say

California, 11 states suing to block Paramount’s $110B Warner Bros deal

The Great American State Fair in Washington

Truth Social to sell banks ‘fastest’ access to Trump’s posts

Trump Media & Technology Group launches Truth API to give banks and trading firms fastest access to influential Truth Social posts.

FILE PHOTO: Signage is seen outside of CFTC in Washington, D.C.

Trump’s teleprompter operator under CFTC probe over potential insider trading, sources say

Gabriel Perez, Trump's teleprompter operator, is under CFTC investigation for potential insider trading on Kalshi's prediction market platform.

UnitedHealth regains earnings momentum, shares surge

UnitedHealth Group beat second-quarter profit expectations and raised its 2026 forecast, driven by improved medical cost management and Optum unit growth.

Federal Reserve Governor Lisa Cook walks outside the U.S. Supreme Court, as Supreme Court justices consider U.S. President Donald Trump's effort to fire her, in Washington, D.C., U.S., January 21, 2026. REUTERS/Nathan Howard/File Photo

Fed’s Cook says she is prepared to act soon if inflation does not begin to slow

Federal Reserve Governor Lisa Cook says she is ready to act if inflation does not begin to slow soon amid risks from ai investment and tariffs.

Illustration shows PayPal and Stripe logos

Stripe, Advent offer to buy PayPal for more than $53B, sources say

Stripe and Advent International have made a joint offer to acquire PayPal for over $53 billion, aiming to create a global online payments leader.

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

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.

“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.

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 […]

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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Handwriting text writing Student Loan. Concept meaning financial assistance designed to help students pay for school.

Comprehensive Guide to Student Debt Relief Programs and...

Many people begin exploring student loan solutions only after their payments start to[...]

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The one tool small businesses shouldn’t overlook this...

Small businesses are the backbone of local economies, powered by grit, creativity and[...]

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Bluefield’s Bold Border Plan: How a Cross-State I...

Straddling the spine of the Appalachian Mountains, the cities of Bluefield, Virginia, and[...]

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Youngkin takes chairman role at Red Cell Partners

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Virginia casino revenue tops $92M in June

Industries

Medical Faculty Associates plans to terminate 105 Virginia workers

Real Estate

Boston firm buys Featherstone Industrial Park for $132M

Money

Wall Street ends lower as chip weakness offsets solid earnings, economic data

Government

Virginia to receive part of $45M multistate settlement with Cash App owner

People

Peraton promotes acting CFO to permanent role

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Rolley Davis Promoted to President of Sussex Development Corporation

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Around The Nation

Truth Social to sell banks ‘fastest’ access to Trump’s posts

Trump’s teleprompter operator under CFTC probe over potential insider trading, sources say

UnitedHealth regains earnings momentum, shares surge

Fed’s Cook says she is prepared to act soon if inflation does not begin to slow

Stripe, Advent offer to buy PayPal for more than $53B, sources say

Opinion

Virginia’s new pay law requires a number — not the truth

“AI won’t take your job” and other things CEOs say before the layoffs

One in a trillion: Musk’s milestone

Could Virginia’s data center fight scare off other industries?

Commentary: Entrepreneurs, think creatively

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