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Amazon cancels data center in Louisa County
Amazon Web Services has withdrawn its application to build a data center campus in Louisa County, following backlash from county residents.
Industries
Hampton logistics company closes, laying off 63
Hampton-based delivery company Rochambeau Logistics closed last week, laying off 63 employees in the process.
Real Estate
30-year mortgage rate dips slightly to 6.74%
The average rate on a 30-year U.S. mortgage eased this week, offering little relief for prospective homebuyers facing record-high home prices. The long-term rate slipped to 6.74% from 6.75% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.78%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home […]
Money
Stocks dip after record highs amid trade deal, Fed watch
NEW YORK (AP) — U.S. stock indexes are drifting on Monday after the United States agreed to tax cars and other products coming from the European Union at a 15% rate, lower than President Donald Trump had earlier threatened. Many details are still to be worked out, though, and Wall Street is heading into a […]
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