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Trump administration investigating GMU for racial discrimination

The U.S. Department of Education’s Office for Civil Rights is investigating George Mason University for racial discrimination.

Virginia falls...

Virginia falls to No. 4 among CNBC’s top states for business

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Richmond EDA seeks developer for Intermediate Terminal Building

Richmond EDA seeks developer for Intermediate Terminal Building

The Richmond economic development authority issued a request for proposals for the redevelopment of the Intermediate Terminal Building.

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 move lower and pull S&P 500 back from its record

US stocks move lower and pull S&P 500 back from its record

U.S. stocks are down in early trading Friday, pulling the market back from all-time highs, as the Trump administration escalates its tariff threats against Canada. The S&P 500 was down 0.4% a day after setting a record high. The benchmark index is on pace to post its first weekly loss in three weeks. The Dow […]

Government

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Army says TRADOC won’t fully relocate from Fort Eustis to Texas

The merger of the Fort Eustis-based U.S. Army Training and Doctrine Command is expected to begin around Oct. 1 and continue “well into” 2026.

People

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CV International taps new CFO

Norfolk-based logistics company CV International announced Tuesday that it has appointed Jeff Underwood as chief financial officer.

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

NWS cuts spark concern over weather data privatization

Nvidia becomes first $4T public company

TSA to ease shoe removal rule at U.S. airports

Trump to put 25% tariffs on Japan and South Korea, new import taxes on 12 other nations

EU braces for Trump tariff hike as deadline nears

U.S. warns of tariff hikes as Trump deadline nears

Trump signs tax cut bill at July 4 White House event

House passes Trump’s $4.5T tax cut and spending bill

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

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

Bitcoin has reached an all-time high, surpassing $118,000 as a flood of money moves into spot bitcoin ETFs, which have opened up cryptocurrency investing to millions. A soft U.S. dollar and the digital currency friendliness of President Donald Trump’s administration has also helped to push the price of bitcoin to unprecedented levels recently. Last month the Senate passed legislation that […]

Trump plans to hike tariffs on Canadian goods to 35%

Trump plans to hike tariffs on Canadian goods to 35%

WASHINGTON (AP) — President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two North American countries that have suffered a debilitating blow to their decades-old alliance. The Thursday letter to Canadian Prime Minister Mark Carney is an aggressive increase to the top […]

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

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

  WASHINGTON (AP) — White House budget director Russell Vought suggested in a Thursday letter that Federal Reserve Chair Jerome Powell is in violation of government building rules in the renovation of the Fed’s headquarters. Vought, in a letter he shared on social media, called the initial renovation plans featuring rooftop terrace gardens, VIP dining […]

Ferrero to Acquire WK Kellogg in $3.1B Cereal Deal

Ferrero to Acquire WK Kellogg in $3.1B Cereal Deal

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in a deal valued at approximately $3.1 billion. The Ferrero Group said Thursday it will pay $23 for each Kellogg share. The transaction includes the manufacturing, marketing and distribution of WK Kellogg Co.’s portfolio of breakfast […]

X CEO Linda Yaccarino steps down after two years

X CEO Linda Yaccarino steps down after two years

X CEO Linda Yaccarino said she’s stepping down after two bumpy years running Elon Musk’s social media platform. Yaccarino posted a positive message Wednesday about her tenure at the company formerly known as Twitter and said “the best is yet to come as X enters a new chapter with” Musk’s artificial intelligence company xAI, maker […]

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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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