Richmond, Virginia

CarMax Inc. reported fiscal first-quarter net income of $185.6 million, or $1.31 per share, exceeding analysts' expectations of 94 cents per share. The company also generated $8.01 billion in revenue, surpassing forecasts of $7.6 billion.

FBI analysts linked to a 2023 memo warning of Catholic 'violent extremists' were fired under Director Kash Patel. The memo, produced by the FBI’s Richmond, Virginia, field office, sparked political controversy and an internal review that criticized its failure to adhere to analytic standards.

NextEra is acquiring Dominion Energy for $67 billion to create a power giant. The acquisition will likely have significant implications for the energy industry. Dominion Energy is headquartered in Richmond, Virginia.

NextEra is discussing paying about $76 per share for Dominion. Dominion Energy Inc. is expected to release earnings figures on February 22. The discussion is related to a potential acquisition.

The remains of US soldier 1st Lt. Kendrick Lamont Key Jr. were recovered from the Atlantic Ocean after he went missing in Morocco. He fell off a cliff during a recreational hike while off duty. The recovery was announced by the U.S. Army Europe and Africa.

The Supreme Court is considering the privacy implications of 'geofence warrants' in the case Chatrie v. United States, where police used Google Maps' Location History to track a suspect in a 2019 bank robbery. The case raises questions about how private individuals' location data stored with tech companies truly is.

DoorDash's report indicates inflation is cooling but regional price disparities persist, with affordability varying significantly by location. The analysis uses three indexes—Everyday Essentials, Cheeseburger, and Breakfast Basics—to track price changes across household goods, meals, and groceries.