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Mars nears EU approval for $36B Kellanova deal
McLean-based candy and snacks giant Mars' $36 billion bid to acquire Pringles and Pop-Tarts maker Kellanova is set to clear a major hurdle by winning unconditional European Union antitrust approval, three people with direct knowledge of the matter said.
Candidates in Virginia governor’s debate clash over shutdown and violent rhetoric
RICHMOND, Va. (AP) — Virginia gubernatorial candidates Republican Winsome Earle-Sears and Democrat Abigail Spanberger faced off Thursday for the first and only time on the debate stage in a fiery affair that was combative from the very first answer. Earle-Sears, perceived by operatives in both parties to be trailing, went [...]
AstraZeneca to invest $4.5B in Albemarle manufacturing plants
AstraZeneca will invest $4.5 billion to establish two new manufacturing facilities in Albemarle County and create 600 direct jobs.
What to watch for in the Virginia governor’s race debate between Spanberger and Earle-Sears
Virginia governor hopefuls Abigail Spanberger and Winsome Earle-Sears debate at Norfolk State in a key bellwether election.
Owens & Minor to sell largest business segment for $375M
Fortune 500 company Owens & Minor, based in Henrico County, announced Wednesday that it plans to sell its Products & Healthcare Services segment for $375 million to Platinum Equity.
Hampton Roads too reliant on federal dollars, economists warn
Economists warn that the Hampton Roads region is overly reliant on federal spending and is at risk in the event of future cuts.
Trump administration threatens no back pay for federal workers in shutdown
The Trump administration says furloughed workers aren’t guaranteed back pay during the shutdown, reversing long-standing policy.
Colonna’s Shipyard invests $79M to build 4th drydock
Norfolk-based Colonna’s Shipyard announced Friday that it has invested $70 million to acquire its fourth drydock.
Health systems forecast pain from Medicaid cuts
Virginia hospitals face closures as Medicaid cuts hit budgets; Augusta Health closes clinics, warns of $40M loss by 2034.
Trump’s trade battle with China puts soybean farmers in peril
China stops buying U.S. soybeans, leaving Virginia farmers with fewer export markets. Simultaneously, farmers face rising expenses.
Trump slaps tariffs on drugs, furniture, trucks
Starting Oct. 1, Trump will impose tariffs of up to 100% on drugs, cabinets, furniture and heavy trucks, citing national security.
White House budget office tells agencies to draft mass firing plans ahead of potential shutdown
OMB told agencies to prepare mass layoffs if the government shuts down next week, escalating pressure in Trump’s budget fight with Democrats.
