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Longtime Richmond...

Longtime Richmond business leader dies at 77

John A. Luke Jr., a key figure in Richmond’s business community as longtime chief executive of MeadWestvaco, died March 14.

Dominion offshore...

Dominion offshore wind farm delivers first power to the grid

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Understanding the Forces Guiding Bitcoin’s Price Movements

Strategy buys $1.6B+ in bitcoin in two weeks

Tysons-based Strategy bought more than $1.6 billion worth of bitcoin over the last two weeks, sticking with its crypto strategy.

Industries

A general view of the Pentagon on the day that at least 30 news organizations declined to sign a new Pentagon access policy for journalists, at the Pentagon in Washington, D.C., U.S., October 15, 2025. REUTERS/Kevin Lamarque TPX IMAGES OF THE DAY

Pentagon says it will ramp up war supplies with BAE Systems, other govcons

The Pentagon has reached agreements with BAE, Lockheed Martin, and Honeywell to increase production of defense munitions and systems amid wartime efforts.

Real Estate

A Capital One sign in front of a glass-paneled building

Capital One buys $125M property in Tysons

A Capital One-linked entity acquired $125M in Tysons properties across from its headquarters, which is in the Scotts Run area.

Money

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 23, 2026. REUTERS/Brendan McDermid

Wall Street falls amid Middle East tensions and rising interest rates

Wall Street indexes declined due to concerns over Middle East conflict and rising U.S. interest rates, with energy prices surging and private credit pressures resurfacing.

Government

NASA's next-generation moon rocket, the Space Launch System (SLS) rocket with the Orion crew capsule, on launch pad 39B as the sun rises at the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 24, 2026. REUTERS/Joe Skipper

NASA cancels Northrop Grumman, Lanteris space station in multibillion-dollar expansion

NASA cancels lunar orbit station to build a $20 billion moon base and plans a nuclear-powered spacecraft for Mars by 2028 under Artemis program changes.

People

Corrie Teague Bobe. Photo courtesy City of Danville

Bobe to leave Danville economic development for regional foundation

Corrie Teague Bobe is stepping down as Danville's director of economic development and tourism to join the Danville Regional Foundation as director of economic development and regional collaboration.

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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

C-Suite Awards

June 4th, 2026 - 11:30 AM

The C-Suite Awards celebrate top corporate executives who consistently demonstrate remarkable leadership skills, integrity, values, vision, [...]

Forty Under 40

May 5th, 2026 - 6:00 PM

Forty Under 40 recognizes up and coming business professionals — Under the age of 40 — based on their professional accomplishments, comm[...]

Best Places to Work in Virginia

March 31st, 2026 - 4:30 PM

Best Places to Work in Virginia is a research-driven program from Best Companies Group that examines your company’s practices, programs an[...]

Women In Leadership

Details coming soon!

The Women in Leadership Awards celebrate top women executives for their overall professional accomplishments, civic engagement, mentorship, [...]

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Around The Nation

Oil rises as supply disruption persists and Iran denies US talks

Dollar General taps Ahold US head as new CEO replacing veteran Vasos

Trump administration to pay $1B to stop two East Coast wind farms

Dollar weakens as Trump delays Iran strikes

Oil prices plunge 10% on US-Iran talks to resolve the hostilities in the Middle East

Powell’s decision on Fed board seat could shape Warsh’s leadership

Trump releases AI policy for Congress to pre-empt state rules

Energy crisis pulls stocks 5% below January high, but path to quick recovery remains

A pump jack operates outside of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman

Oil falls as reports of 15-point proposal spurs ceasefire hopes

Oil prices fell nearly 5% after reports of a U.S. 15-point proposal aimed at ending the Middle East war, despite ongoing airstrikes between Israel and Iran.

SpaceX logo is seen in this illustration taken, March 10, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

SpaceX aims to file for IPO as soon as this week

SpaceX aims to file its IPO prospectus this week, targeting a $75 billion raise in one of the largest offerings, driven by growth in space infrastructure.

The logo of Meta is seen at Porte de Versailles exhibition center in Paris, France, June 11, 2025. REUTERS/Gonzalo Fuentes/File Photo

Meta boosts top executives’ pay with stock options as AI race heats up

Meta Platforms grants stock options to top executives tied to a six-fold valuation increase, aiming to boost AI-driven growth and retain key talent through 2031.

Construction workers paint a residential housing project, in Carlsbad, California, U.S. July 8, 2025. REUTERS/Mike Blake/File Photo

US fourth-quarter productivity growth revised sharply lower

U.S. labor productivity growth was revised down to 1.8% annualized in Q4 2025, while unit labor costs increased at a 4.4% rate, according to Labor Department data.

Dollar banknotes are seen in this picture illustration taken April 28, 2017. REUTERS/Dado Ruvic/Illustration/File Photo

Dollar regains ground as investors doubt swift end to Iran war

The dollar strengthened amid doubts over a quick end to the Middle East conflict, with rising energy prices and economic impacts affecting global markets.

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Opinion

The December question every leader should anticipate

2025: The year of living disruptively

Local leaders shape solar’s future

Beyond burnout: the case for workplaces where people thrive

Back to school, back to buying? How fall affects Northern Virginia homebuyers

Women execs have tougher climb to top rung

Don’t import 996: Why America should reject overwork culture

OurView: Will AI spell lights out for white-collar workers?

Jennifer Williamson, CEO of Volunteer Fairfax and vice chair of Virginia Service Foundation. Photo courtesy Volunteer Fairfax

Virginia’s economic competitiveness depends on civic infrastructure

Virginia’s economic competitiveness will not be determined by incentives alone, writes Volunteer Fairfax CEO.

JMU will host seminars in 2026 examining the nation’s founding principles and civic engagement. Photo courtesy James Madison University

Making the business case for InternshipsVA

InternshipsVA establishes a framework that encourages Virginia employers to start or expand high-quality, paid internship programs.

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

Millennials burn out while holding it all together

The other day I was sitting in back-to-back meetings when two notifications hit at once. My son’s school called — he’d fallen and needed to be picked up from school immediately. At the same time, an email from my mom popped up asking for help with her prescriptions. Work was on fire. And I was […]

Richard Foster. Photo by James Lee

Bridging the workplace soft-skills gap across generations

An editor’s take on Gen Z soft skills, mentorship at work and Virginia Business marking 40 years covering the commonwealth’s business community.

On Jan. 15, 2022, Republican Glenn Youngkin was sworn in as Virginia’s 74th governor on the steps of the state Capitol. Photo courtesy governor’s office.

Why Virginia’s one-term limit for governors deserves a second look

As Virginia prepares to swear in its first woman governor, it’s worth reexamining whether the commonwealth’s one-term limit on governors serves the state’s long-term economic and leadership interests.

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