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S&P 500, Nasdaq edge up to new records with Middle East hopes in focus
The s&p 500 and Nasdaq reached record closing highs on optimism over a temporary ceasefire between Israel and Lebanon and potential U.S.-iran talks.
Oil set for largest weekly loss in 10 months after ceasefire
Oil prices face biggest weekly drop since last June despite supply concerns from Saudi Arabia and restricted flows through the Strait of Hormuz.
Virginia 500 Spotlight: JONATHAN S. BELCHER
TRAITS I ADMIRE: Loyalty, honesty and integrity FIRST JOB: Law clerk for the county attorney’s office in York County HOW I DEFINE SUCCESS: I define success not so much by what I have accomplished myself, but by how I have been able to help others. As an economic developer in a very economically distressed area, […]
Simmons Equipment announces $8.5M expansion into Russell County
Simmons Equipment, a specialty mining equipment manufacturer based in Tazewell County, plans to expand into neighboring Russell County, Gov. Glenn Youngkin announced Monday. The company expects to invest $8.5 million into converting two buildings in Lebanon, an investment set to create 75 jobs, the governor’s office said. Founded in Tazewell in 2005, Simmons produces soft […]
Economic Development 2023: JONATHAN S. BELCHER
In addition to leading the Virginia Coalfield Economic Development Authority, Belcher has also headed up the Virginia Coalfields Expressway Authority since 2020. This year, the Virginia Department of Transportation received $7 million from the federal government, which the expressway authority will use to widen a 2-mile stretch of U.S. Route 460 in Buchanan County into […]
