News

Trump raises tariffs on Canadian imports to 35%, straining U.S.-Canada ties. PM Carney says trade talks will continue. Markets react.
Despite downward pressures stubbornly weighing on the industry, Bassett Furniture posted a return to profitability in the second quarter.
Wall Street slips from record highs Friday; S&P 500 down 0.4%, Nasdaq 0.2%. Levi Strauss jumps 7% on strong results. Bond yields rise.
The U.S. Department of Education’s Office for Civil Rights is investigating George Mason University for racial discrimination.
The merger of the Fort Eustis-based U.S. Army Training and Doctrine Command is expected to begin around Oct. 1 and continue “well into” 2026.
Stocks climb as Wall Street digests earnings. Delta leads airlines higher. WK Kellogg jumps on Ferrero deal. S&P, Nasdaq near record highs.
Virginia lost its spot at the top of CNBC's annual Top States for Business report, the cable business network announced Thursday.
Norfolk-based logistics company CV International announced Tuesday that it has appointed Jeff Underwood as chief financial officer.
Bon Secours on Wednesday broke ground on a three-story, 87,790 square-foot medical office building in Chesterfield County.
Amentum has completed the sale of its hardware and product business, Rapid Solutions, to Lockheed Martin for $360 million.
Wall Street climbs as Trump pursues global trade deals; S&P 500 up 0.7%, Nasdaq up 1.1%, even as copper tariffs and oil prices weigh.
Portsmouth-based Fairlead announced Monday that it is promoting its president, Fred Pasquine, to president and CEO, effective immediately.