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 sinks as US stocks fall toward their worst day in a month
U.S. stocks fell Friday, with the S&P 500 down 0.7% after record highs. August still marks its fourth straight month of gains.
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