News

Wall Street rallies as a strong U.S. jobs report lifts stocks. S&P 500 heads for 9th straight gain while tech and financial shares lead the market.
Electric Boat shipyard workers in Connecticut plan a May 18 strike if no contract deal is reached, demanding higher wages and restored pension benefits.
Global e-commerce fulfillment, warehousing, and logistics provider Cirro Global has signed on to be the first tenant to move into the 840,000 square-foot Phenix Commerce Center in Hampton.
President Sands warns NIH cuts will harm research, national security, and Virginia Tech’s future as Trump-era policies challenge higher education.
U.S. employers added 177,000 jobs in April, beating expectations. Labor market remains resilient despite trade wars, tariffs, and federal job cuts.
Strategy, formerly MicroStrategy, posted a $4.2B Q1 loss but now holds 553,555 bitcoins worth $51.55, continuing its aggressive crypto strategy.
Brad Cornelius will retire in late 2025 after leading Farm Credit of the Virginias for five years. He grew the cooperative's loan portfolio to $2.3B and 12,500 customer-owners.
Senate Republicans block a resolution cosponsored by U.S. Sen. Tim Kaine to halt Trump’s global tariffs, highlighting GOP divides and rising economic concerns.
Houston, Texas-based Vortex Companies, which provides trenchless water and sewer infrastructure products, announced last week that it has acquired Williamsburg-based Prism Contractors & Engineers.
Arlington-based software company Level Access announced this week that it has appointed Andrew Snyder to be its chief customer experience officer.
Richmond-based law firm Sands Anderson on Thursday announced that it completed its merger with Virginia Beach-based law firm Frieden Seery Nuckols & Hahn.
Microsoft and Meta beat earnings expectations, boosting Wall Street, even as fears of stagflation and economic uncertainty continue to loom.