latest news

Ex-CEO pleads guilty to $200M bitcoin Ponzi scheme in federal court
CEO Ramil Ventura Palafox pled guilty in Alexandria to wire fraud and money laundering in a $200M bitcoin MLM scheme defrauding 90,000
Industries

Virginia’s Performance Food Group exploring merger with US Foods
Performance Food Group has entered into an agreement with US Foods to begin sharing information, hinting at a possible merger.
Real Estate

Stanley Martin Homes to acquire North Carolina homebuilder
Reston homebuilder Stanley Martin Homes has entered into an agreement to acquire North Carolina-based Windsor Homes’ assets and operations.
Money

StubHub shares slip 2% in Wall Street debut
NEW YORK (AP) — StubHub received a lackluster reception on Wall Street Wednesday. The ticket marketplace’s stock fell 6.4% from its initial public offering price of $23.50 per share on its first day of trading. The company’s shares are trading on the New York Stock Exchange under the symbol “STUB.” StubHub offered just over 34 […]
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