latest news

Virginia CEO compensation continues climbing
Virginia CEOs earned an average $10.17M in 2024, with Capital One’s Richard Fairbank leading the list at nearly $30M.
Industries

Dover Food Retail to add 300 jobs in Chesterfield
Dover Food Retail will soon invest over $20 million to expand its Virginia operations, adding 300 jobs in Chesterfield County.
Real Estate

Hampton Roads projects under construction or recently delivered
Bon Secours Harbour View Medical Center, Suffolk In May, Bon Secours opened its three-story, 100,000-square-foot Harbour View Medical Center in Suffolk. The facility, which adjoins the existing Bon Secours Health Center at Harbour View, came with a price tag of about $85 million. Harbour View Medical Center, which includes 18 private inpatient rooms and four […]
Money

TowneBank grows market share via M&A
TowneBank is once again the leader in the Hampton Roads banking market, holding a nearly 30% share as of June 2024. That’s set to grow quickly. Towne’s $203 million acquisition of Norfolk-based Old Point National Bank of Phoebus and its parent company closed in September. In August, TowneBank announced it plans to acquire North Carolina’s […]
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