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Phlow raises $37M in Series C round
Richmond-based pharmaceutical manufacturing company Phlow announced Tuesday that it had secured $37 million in a capital raise.
Industries
‘Going-coming’ rule applicable in comp case
Injuries suffered by an employee on his way to work were compensable under the Workers’ Compensation Act as his employer provided the transportation that ferried him to and from jobsites, the Court of Appeals of Virginia has decided. Claimant Simon Portillo Moncho was a passenger in a vehicle owned and operated by a co-worker. The […]
Real Estate
US home sales fall in June as prices soar to new heights
LOS ANGELES (AP) — Sales of previously occupied U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and national median sales prices hit unprecedented levels. Existing home sales fell 2.7% last month from May to a seasonally adjusted annual rate of 3.93 million units, the National Association of Realtors […]
Money
Stocks rise to record on U.S.–Japan trade deal news
NEW YORK (AP) — U.S. stocks are ticking toward another record on Wednesday following a trade deal between the world’s No. 1 and No. 4 economies, one that would lower proposed tariffs on Japanese imports coming to the United States. The S&P 500 was 0.5% higher, coming off its latest all-time high. The Dow Jones Industrial Average was up 431 points, […]
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