Katherine Schulte

Listen to this article When CoStar Group was searching for its new headquarters in 2022, Central Place Tower at 1201 Wilson Blvd. in Arlington County, with its impressive accompanying bird’s-eye views, captured the company’s attention. Located about a quarter mile from the Potomac River, the gleaming, 391-foot-tall Class A office building features floor-to-ceiling windows across […]

Listen to this article Huntington Ingalls Industries’ McLean-based Mission Technologies division won a $3 billion contract to provide the Department of Defense logistics and intelligence support and technology. Under the Logistics Services, ISR [Intelligence, Surveillance and Reconnaissance] Operations and Next-Gen Technology (LOGIX) task order, the HII division will provide strategy-level support to the DOD and […]

Listen to this article CoStar Group is accelerating its headquarters move from Washington, D.C., to Arlington County, thanks to a deal with a tenant in the headquarters building that included a $48 million early termination fee. The global real estate data and analytics company, best known for its Apartments and Homes marketplaces, announced plans to […]

Listen to this article Virginians bet $622 million on sports in September, up 19.6% from September 2023, according to Virginia Lottery data released Friday. Virginia bettors won $550.5 million in September. About $618.3 million of September’s gross sports gaming revenues came from mobile operators, and the remaining $3.7 million came from casino retail activity. Virginia […]

Listen to this article Bitcoin whale Michael Saylor, the executive chairman of Tysons-based tech company MicroStrategy, has reason to gloat today. Under Saylor’s laser-eyed guidance, MicroStrategy has pursued bitcoin as an investment strategy since 2020. The company announced its first bitcoin purchase in August 2020, making it one of the first public companies to convert […]

Listen to this article Tiffany Robinson is the Virginia Department of Rail and Public Transportation’s new director, Gov. Glenn Youngkin announced Friday. Robinson succeeds Zach Trogdon, who has served as acting director since Jennifer DeBruhl retired July 1. Robinson has almost 15 years of experience in state and local government, according to a DRPT news […]

Listen to this article The permanent Hard Rock Hotel & Casino Bristol opened its doors Thursday at the site that was once the Bristol Mall. Developed by a joint venture between Hard Rock, Par Ventures President Clyde Stacy and United Co. Chairman Jim McGlothlin, the roughly $515 million, 620,000-square-foot resort at 500 Gate City Highway […]

Listen to this article Chris Cosby will become president and CEO of Glen Allen’s Old Dominion Electric Cooperative on Feb. 1, 2025. Cosby succeeds John C. Lee, who has been ODEC’s president and CEO since Sept. 8, 2023, initially serving in an interim capacity. ODEC announced Lee’s retirement, effective Feb. 1, on Monday. He will […]

Listen to this article Rivian Automotive’s Kjell Gruner will become the new president and CEO of Volkswagen Group of America on Dec. 12, the Reston-headquartered subsidiary of the German automaker announced Tuesday. Gruner succeeds Pablo Di Si, who “has stepped down … on his own request,” according to a news release. Di Si assumed the […]

Listen to this article Richard Luck is now president of Luck Cos., the Goochland-based construction aggregates and decorative stone producer announced Nov. 12 along with several other leadership changes. Richard Luck is the fourth generation of the Luck family to take a leadership role at the company, which has three business units: Luck Stone, Luck […]