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Colonial Heights approves $1 sale of land for hotel, athletic fields

Colonial Heights City Council signed off on a deal to sell almost 38 acres of land to a Henrico County-based developer. The post Colonial Heights approves $1 sale of land for hotel, athletic fields appeared first on Virginia Business .

Treasury’s Bessent says upsized bond buybacks could increase further

U.S. Treasury Secretary Scott Bessent on Thursday said he may increase again the volume of Treasury bonds the government will repurchase. The post Treasury’s Bessent says upsized bond buybacks could increase further appeared first on Virginia Business .

US debt crosses $40T threshold after doubling under Trump and Biden

Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said on Wednesday. The post US debt crosses $40T threshold after doubling under Trump and Biden appeared first on Virginia Business .

Wall Street sinks as bond yields rise, Walmart results disappoint

The three main U.S. equity indexes closed lower on Thursday among rising Treasury yields, disappointing results from Walmart and rallying oil prices. The post Wall Street sinks as bond yields rise, Walmart results disappoint appeared first on Virginia Business .

Finmarc buys Tysons’ Highline at Greensboro for $77.5M

Finmarc Management bought two Tysons office towers for $77.5 million, adding 460,000 square feet of Class A commercial space The post Finmarc buys Tysons’ Highline at Greensboro for $77.5M appeared first on Virginia Business .

SCC chair won’t recuse herself from NextEra-Dominion case

SCC Chair Kelsey A. Bagot is not recusing herself from SCC proceedings in the proposed Dominion Energy-NextEra Energy merger. The post SCC chair won’t recuse herself from NextEra-Dominion case appeared first on Virginia Business .

Why Manufacturers Are Paying Closer Attention to Building Envelopes

Site selection teams have to be meticulous. They model tax incentive schedules years into the future, track labor availability across competing markets, and negotiate access to highway interchanges and rail spurs. The post Why Manufacturers Are Paying Closer Attention to Building Envelopes appeared first on Virginia Business .

Wall Street rises as yields ease, Moderna lifts healthcare stocks

The main U.S. stock market indexes closed modestly higher on Wednesday, as easing government bond yields boosted risk appetite. The post Wall Street rises as yields ease, Moderna lifts healthcare stocks appeared first on Virginia Business .

Trump picks White House ally Overton to lead embattled FDA

President Donald Trump named White House policy aide Heidi Overton to lead the Food and Drug Administration. The post Trump picks White House ally Overton to lead embattled FDA appeared first on Virginia Business .

Moderna, Merck vaccine cuts recurrence and spread of melanoma, raising new treatment hope

Moderna and Merck said a personalized mRNA cancer vaccine reduced the risk of recurrence and spread of melanoma in a late-stage trial. The post Moderna, Merck vaccine cuts recurrence and spread of melanoma, raising new treatment hope appeared first on Virginia Business .