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McLean data...

McLean data center power-focused startup to be acquired for $232.28M

Claros, a McLean startup developing power management solutions for data centers, is being acquired for approximately $232.28 million.

Genworth CEO...

Genworth CEO to return Sept. 2

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Foster_Watt

Foster Fuels to be acquired by Ga. company

Brookneal-based wholesale fuel distributor Foster Fuels has entered into an agreement to be acquired by Georgia-based Colonial Group.

Industries

A Boeing worker passes by a 737 MAX airplane on the final assembly production line during a media tour of the Boeing factory in Renton, Washington, U.S., April 15, 2026. REUTERS/Genna Martin/File Photo

Boeing, union negotiators to meet Monday to resume stalled contract negotiations

Boeing and the Society of Professional Engineering Employees Association plan to resume contract negotiations Monday in Seattle after union members rejected the offer.

Real Estate

Interest rates for 30-year mortgages fell in the second half of 2025, prompting more house sales in Virginia. Photo by Adobe Stock

Key Virginia housing markets see inventory rise

Housing inventory increased across Northern Virginia, Hampton Roads and Central Virginia in July, giving buyers more options.

Money

FILE PHOTO: Traders react to the Fed rate announcement on the floor of the NYSE in New York

S&P, Nasdaq end lower after Fed Chair Warsh reaffirms inflation fight

The s&p 500 and Nasdaq ended lower after Federal Reserve Chair Kevin Warsh reaffirmed the central bank's commitment to fighting inflation and signaled a possible rate hike.

Government

University of Virginia's College at Wise. Photo courtesy UVA Wise

Five SWVA projects to get $7.3M in federal awards

Five Southwest Virginia projects will receive a cumulative $7.3 million in federal AMLER awards for projects on former mining sites.

People

Brian Taylor. Courtesy Trex

Trex names first chief commercial officer

Trex named Brian Taylor its first chief commercial officer to lead sales, marketing and IT as the company targets growth.

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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

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[...]

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

OpenAI report says its network was hacked by its own rogue AI agents

US inflation remains elevated as GDP growth outlook brightens

Bill Gates was an AI optimist. Now he’s scared of what could go wrong.

US rates need to rise soon absent evidence of ongoing drop in inflation, Fed’s Collins says

United CEO expects gradual fare increases in 2027 as demand stays strong

Canada announces $20B retaliatory tariffs on U.S. goods,  unveils support measures

US unveils ‘economic D-Day’ of sanctions to isolate Iran

Trump threatens 50% tariffs on all cars and trucks from Canada amid trade fight

A drone view of the Sacramento River where it enters the California Delta near Rio Vista

California sues Trump administration over offshore wind lease cancellation

California sued the Trump administration and Golden State Wind over a canceled offshore wind lease deal involving a $120 million federal payment.

FILE PHOTO: U.S. Federal Reserve Chairman Kevin Warsh holds a press conference, in Washington

Warsh signals Fed may need to hike rates if above-target inflation persists

Federal Reserve Chairman Kevin Warsh signals potential interest rate hikes if inflation remains above the 2% target amid stable labor market conditions.

U.S. President Trump signs executive order at the White House in Washington

Trump signs order to rename Lake Ontario as Lake America

U.S. President Donald Trump renamed Lake Ontario as Lake America, escalating trade tensions with Canada amid stalled negotiations and tariffs.

Illustration shows Anthropic logo

Anthropic unveils new framework allowing AI agents to operate physical devices

Anthropic introduced the Model Hardware Standard, enabling AI agents to operate lab and manufacturing devices, accelerating research and manufacturing workflows.

The NVIDIA logo is displayed on a building in Taipei

Nvidia forecasts quarterly revenue above estimates

Nvidia forecasts third-quarter revenue of $108 billion, exceeding estimates, amid growing competition in the AI chip market and shifting tech spending.

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Opinion

Commentary: Entrepreneurs, think creatively

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

Jaime-Raul-Zepeda

Why your best employees are quietly losing their edge

Jaime Raul Zepeda explores why top employees lose their edge between burnout and boreout and the need for supported stretch in work.

Depositphotos

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.

Jaime-Raul-Zepeda

“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.

Haymore_Todd

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 […]

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