Virginia Business
Norfolk, VA · English · Digital
A business-focused media outlet covering Virginia and regional news, with a focus on corporate developments, economic trends, and local business leadership.
- 6/day · 7-day avg
- Top beat: Business
- Tracked since 2026
- 3 Norfolk, VA peers
Latest stories
- S&P 500, Nasdaq end up as tech, chipmakers reboundU.S. stocks ended mostly higher with the Nasdaq and tech sectors rebounding after a sharp selloff, driven by bargain hunting and relief over Iran-Israel tensions easing. Intel and other chipmakers saw gains, while Apple's AI upgrades and other tech developments were noted.
- Hampden-Sydney president to retire next yearHampden-Sydney College President Larry Stimpert will retire at the end of the 2026-27 academic year after leading the institution since 2016. He oversaw significant fundraising and capital projects during his tenure. A search for his successor is underway.
- 13 rural hospitals in Virginia at risk of closure, new report findsThirteen rural hospitals in Virginia are at risk of closure, with five facing immediate risk due to financial challenges, staffing shortages, and low patient volumes, according to a new report. The report also highlights concerns about the potential closure of the state-run Hiram Davis Medical Center in Petersburg.
- Amazon, Corning sign multibillion-dollar deal to boost fiber optics manufacturing in USAmazon and Corning have signed a multibillion-dollar deal to increase U.S. production of fiber optics, creating 1,000 jobs and expanding training programs.
- Amazon, Corning sign multi-billion-dollar deal to boost fiber optics manufacturing in USAmazon and Corning have signed a multi-billion-dollar deal to enhance U.S. fiber optics manufacturing, creating 1,000 jobs and expanding training programs.
- Oil prices pares gains after Iran announces end to attacks on IsraelOil prices rose after Iran and Israel halted attacks, but concerns remain over regional tensions and supply disruptions. OPEC+ agreed to increase output, but analysts doubt its impact.
- Oil prices pares gains after Iran announces end to attacks on IsraelOil prices initially rose over 5% after renewed Israeli strikes on Iran and Lebanon, but later pared gains following Iran's announcement that attacks on Israel have ended. However, Iran warned of harsher attacks if Israel continues strikes on Lebanon.
- Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fearsWall Street closed sharply lower as tech stocks, especially chips, dropped due to a strong jobs report fueling fears of continued interest rate hikes.
- SpaceX lands Google AI compute deal after Anthropic pact ahead of IPOSpaceX has signed a multi-year cloud services agreement with Google, under which Google will pay $920 million monthly from October 2023 to June 2029 for computing capacity, including 110,000 Nvidia GPUs. The deal follows a previous agreement with Anthropic and supports SpaceX's upcoming IPO.
- Could Virginia’s data center fight scare off other industries?Virginia's Senate plan to terminate a successful data center tax exemption program early risks damaging the state's reputation and economic credibility, potentially deterring future investments and job creation.
- Virginia budget impasse threatens more than just data centersVirginia's budget impasse risks damaging the state's reputation by terminating a successful data center tax exemption program, potentially harming economic growth and business confidence.
- Will Virginia kill the data center boom?Virginia faces potential economic harm if the Senate terminates a successful data center tax exemption program, risking its reputation as a reliable business partner and undermining long-term investments.
- U.Va. gifted $43.4M for early childhood learning centerKathleen and David LaCross donated $43.4 million to U.Va.'s School of Education and Human Development to establish an early childhood learning center in Charlottesville. The center will provide educational and developmental care for children and practical experience for students.
- Anthropic urges AI labs to pause development, warns humans risk losing controlAnthropic urges major AI labs to pause development due to risks of recursive self-improvement, calling for coordinated action to manage potential loss of human control over AI systems.
- Virginia Tech receives record $75M anonymous donationVirginia Tech received a $75 million anonymous donation, the largest in its history, with most funds going to athletics and a significant portion to the Honors College.