latest news

TowneBank completes $203M acquisition of Old Point
TowneBank has closed its $203 million acquisition of Hampton-based Old Point National Bank of Phoebus and its parent company.
Industries

Nuclear fusion company raises $863M, much bound for Chesterfield
Massachusetts-based fusion energy company Commonwealth Fusion Systems announced that it raised $863 million in a Series B2 fundraising round.
Real Estate

Virginia multifamily housing market shows signs of cooling
Virginia’s multifamily housing cools with fewer new units, slower rent growth, and higher construction costs.
Money

Wall Street steadies itself as Alphabet pulls tech stocks higher
Alphabet jumps 7% after antitrust ruling, helping lift Wall Street. Tech gains steady the market as bond yields ease and Macy’s surges.
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