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Hitachi Energy to invest $457M in Virginia expansion
Hitachi Energy announced Thursday it will invest $1 billion to expand its U.S. grid infrastructure manufacturing, with roughly half of that investment going into Virginia, where it plans to add 825 jobs. The electrical equipment manufacturer will invest $457 million to build the nation’s largest manufacturing site for large power transformers in South Boston, Hitachi […]
Industries

Arlington pays Amazon HQ2 incentives for first time
For the first time since approving Amazon’s HQ2 incentive package, Arlington County will finally pay Amazon a check — more than $81,000.
Real Estate

US housing market shifts toward buyers as prices cool
The U.S. housing market is cooling, with more listings, slower price growth, and seller concessions—though affordability remains limited.
Money

Stocks wobble as Wall Street questions whether the US job market has slowed by enough or too much
Stocks slipped Friday with the S&P 500 down 0.5% as weak jobs data raised questions on Fed rate cuts and fears of a possible downturn.
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