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Virginia data center tax reform passes House as other sales tax bills stall
The bill requires data centers to use noncarbon emitting generators and backup sources to qualify for existing sales and use tax exemptions.
Henrico-based Arko Petroleum raises $183M in IPO
Henrico County-based Fortune 500 convenience store operator Arko closed its initial public offering last week of fuel subsidiary Arko Petroleum, raising $183.2 million.
Dominion prepares for 70,000 MW in data center demand
Data center power requests in Virginia now total 70,000 MW — triple Dominion Energy’s peak load, according to a new SCC filing.
Virginia unemployment claims spike in early February
Initial unemployment insurance claims in Virginia increased 71.2% in the first week of February, according to the state.
National IQ innovation district debuts in NoVa
National IQ innovation district launches in National Landing with backing from Amazon, Virginia Tech and others.
American Systems wins $173M Navy contract
American Systems announced that it has received a $172.7 million Navy contract to continue testing and evaluating new military technologies.
Virginia bill to ensure minimum wage for farmers advances in House
Virginia lawmakers will vote on a House bill to extend minimum wage to farm workers, an effort that has been vetoed twice since 2024.
San Diego firm acquires Chesterfield-based W.O. Grubb
Halo Partners announced Wednesday that it has acquired Chesterfield County-based rigging company W.O. Grubb Crane Rental.
McLean contractor acquires Orlando-based Dignitas Technologies
McLean-based By Light announced Tuesday that it has acquired Orlando-based defense modeling and simulation firm Dignitas Technologies.
Cannabist Co. completes $130M sale of Virginia medical marijuana biz
The Cannabist Co. announced Thursday that it has completed the $130 million sale of its Central Virginia medical marijuana business
Port of Virginia expands to serve four ultra-large container ships at once
The Port of Virginia can now handle four ultra-large container vessels at once after adding four new cranes at NIT.
Feds authorize gas pipeline expansion in Pittsylvania
FERC approves Transco’s $1.5B pipeline expansion, boosting gas capacity while drawing environmental opposition.
