Sign In
Free Newsletter
Peninsula businesses to get capital boost
Small and midsize businesses in distressed and underserved areas of Hampton and Newport News will be able to access economic support through a new $50 million low-interest business loan program. Launched in June by the nonprofit Greater Peninsula C.A.R.E.S. Foundation, the Peninsula Cooperative Fund is designed to close funding [...]
HII promotes exec to new maritime systems post
HII announced Thursday that it has promoted Eric Chewning to executive vice president of maritime systems and corporate strategy.
US government halts nearly complete offshore wind farm. Is Virginia’s next?
The Trump administration last week halted construction on a nearly complete wind farm off the coast of Rhode Island and Connecticut.
Luminoah wins Virginia Startup World Cup
Charlottesville-based medical technology company Luminoah won first place at the Virginia Startup World Cup.
Jefferson Lab seeks voluntary 7% workforce reduction
Jefferson Lab Director Jens Dilling confirmed Thursday that the lab wants 7% of its workforce to agree to resign by the end of August.
Virginia Wesleyan University to be renamed Batten University
Next year, Virginia Wesleyan University will officially change its name to Batten University, honoring local philanthropist Jane Batten.
TowneBank to acquire N.C. bank for $476M
Suffolk-based TowneBank announced Tuesday that it has signed an agreement to acquire North Carolina-based Dogwood State Bank for about $475 million.
TowneBank to close on $203M Old Point deal Sept. 1
TowneBank will acquire Old Point Financial in a $203M deal closing Sept. 1, expanding its market share in Hampton Roads
Marine/RV parts wholesaler announces $1.1M expansion in Norfolk
Land ‘N’ Sea Distributing, a distributor of marine and recreational vehicle parts, will invest $1.1 million to expand in Norfolk.
Newport News reveals plans for $400M Navy housing project
Newport News plans to begin work next year on a more than 930,000-square-foot Navy housing development downtown.
Temporary Norfolk casino to open in November
The temporary predecessor to the $750 million Norfolk casino is expected to open in November, its developers announced Aug. 14.
Atlantic Park Surf to open Saturday
Atlantic Park Surf, North America’s first Wavegarden Cove Surf Lagoon on the East Coast, is set to open to the public on Saturday.
