latest news

RIFA backs incentives deal for Pittsylvania industrial site
The Staunton River Regional Industrial Facility Authority approved a performance agreement in advance of an announcement from the governor.
Industries

Virginia data center tax reform passes House as other sales tax bills stall
The bill requires data centers to use noncarbon emitting generators and backup sources to qualify for existing sales and use tax exemptions.
Real Estate

New York firm acquires Virginia Beach shopping center for $102M
An affiliate of Yale Realty Services has purchased the Landstown Commons Shopping Center in Virginia Beach for $102 million.
Money

Wall Street ends higher after Supreme Court rules against Trump tariffs
U.S. stocks gained as the Supreme Court ruled 6-3 against Trump's global tariffs, easing market uncertainty and boosting major companies like Alphabet and Amazon.
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