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Spanberger vetoes...

Spanberger vetoes legislation for creating marijuana retail market

Gov. Abigail Spanberger vetoes legislation to create a retail marijuana market, drawing criticism from lawmakers who created the bills

Dominion Energy...

Dominion Energy to be acquired in $66.8B all-stock deal

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Pittsylvania site is top contender for lithium-ion battery plant

$100B data center project proposed at Berry Hill megasite advances

Denver-based Stack Infrastructure advances a proposed $100B Berry Hill digital campus with 2,500 jobs planned at megasite at Berry Hill.

Industries

Bridgewater College's Rebecca Quad, an outdoor learning space completed in 2023. Photo courtesy Bridgewater College

Parkhurst to shut down operations at Bridgewater College, laying off 65

Parkhurst Dining will soon permanently shut down its operations at Bridgewater College, laying off 65 employees.

Real Estate

Phazhon Nash, a member of Roanoke City Council, visits the Berglund Center. Photo by Natalee Waters

Roanoke explores Berglund Center redevelopment

Focus group participants explore ideas, including an entertainment district centered around a casino, for Roanoke's Berglund Center.

Money

Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, U.S., May 15, 2026. REUTERS/Jeenah Moon

Stocks fall as US bond yields climb, oil eases after latest Iran war headlines

U.S. stocks declined as bond yields rose to 19-year highs and oil prices eased amid ongoing U.S. talks with Iran to end the conflict, impacting market sentiment.

Government

The MQ-4C Triton uncrewed aircraft. Photo courtesy Northrop Grumman

Northrop Grumman lands more than $900M in U.S. defense contracts

Falls Church-based Fortune 500 government contractor Northrop Grumman won three defense contracts last week totaling more than $900 million.

People

BARBARA M. WOLCOTT

Hampton Roads real estate exec Barbara Wolcott retires

After more than five decades in the real estate industry, longtime Hampton Roads brokerage executive Barbara M. Wolcott has retired.

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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

Details coming soon!

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

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[...]

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 prices up 2% as Trump and Iran’s comments dent peace hopes

FCC approves Verizon’s $1B spectrum purchase

US jury awards family of Boeing 737 MAX crash victim $49.5M

US weekly jobless claims increase moderately, labor market remains stable

US import prices surge in April as fuels post biggest gain in four years

Makary exit may temporarily lift biotech sentiment but FDA leadership vacuum looms

Warsh has big plans for the Fed, but results may take time

US producer prices surprise with largest increase in four years

A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, U.S. February 18, 2025. REUTERS/Eli Hartman/File Photo

Oil prices fall as Trump pauses Iran attack plans

Oil prices dropped after U.S. President Donald Trump paused planned attacks on Iran to allow for negotiations, easing Middle East conflict concerns.

A combination image shows OpenAI CEO Sam Altman and Elon Musk during the trial. REUTERS/Manuel Orbegozo

Elon Musk loses lawsuit against OpenAI

Elon Musk lost his lawsuit against OpenAI in a California federal court, with the jury ruling the case was brought too late and OpenAI not liable.

A pumpjack, used to help lift oil from a well, in the Permian basin near Midland, Texas, U.S., October 8, 2025. REUTERS/Arathy Somasekhar

Oil prices rise 3% to two-week high on Iran war supply concerns

Oil prices rose about 3% to a two-week high amid concerns over supply disruptions from the Iran war and U.S. sanctions waivers during talks.

Kevin Warsh, U.S. President Donald Trump's nominee to be next chair of the Federal Reserve, testifies before a Senate Banking Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., April 21, 2026. REUTERS/Kevin Lamarque/File Photo

US debt load could undercut Warsh’s plan to shrink Fed balance sheet

Federal Reserve chief Kevin Warsh's plan to reduce the Fed's balance sheet faces challenges from rising U.S. debt and higher long-term interest rates.

Renovations continue at the Federal Reserve Board building in Washington, D.C., U.S., November 14, 2025. REUTERS/Elizabeth Frantz/File Photo

Markets begin eyeing a Fed rate hike around the turn of the year

Markets are pricing in a Federal Reserve interest rate hike by early 2027 due to persistent inflation, with a 60% chance by January's FOMC meeting.

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Opinion

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

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

The December question every leader should anticipate

2025: The year of living disruptively

Local leaders shape solar’s future

A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. Stocks pushed further into record territory on Wednesday, driving the S&P 500 to an all-time high close for a fifth day, helped by strength in financials and technology. REUTERS/Lucas Jackson (UNITED STATES - Tags: BUSINESS)

U.S. equity fund inflows ease to a six-week low

U.S. equity fund inflows dropped to a six-week low as investors reacted to crude oil price surges and Federal Reserve policy uncertainty.

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

Are your best people leaving over money — or this?

COVID did something to us that a decade of wellness programs never could. It forced us to look directly at our own mortality and ask with unusual honesty, is this how I want to spend my time? That question did not stay at the dinner table. It followed people into their offices, their Zoom calls […]

Maritime and logistics can lift the commonwealth

Maritime and logistics can lift the commonwealth

Virginia Maritime Association's executive director on state's maritime industry

Richard Foster. Photo by James Lee

No one’s indispensable — and that’s a good thing

Cross-training is a key strategy used by 68% of Virginia’s 2026 Best Places to Work to ensure operational continuity and employee engagement.

The choice we’re making about AI

The choice we’re making about AI

AI can improve productivity if implemented with training and human connection. Poor rollouts cause frustration and workplace loneliness, warns Best Companies Group.

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