Boeing’s seven-week strike has come to a dramatic conclusion as thousands of its workers accepted a new contract that promises significant improvements. The resolution ends one of the most disruptive industrial actions in recent history for the aerospace giant, allowing production at Boeing’s key facilities in the Pacific Northwest to resume. The new agreement was […]
Atlantic Union Bankshares Corporation (NYSE: AUB) has announced a definitive agreement to acquire Sandy Spring Bancorp (Nasdaq: SASR) in a $1.6 billion all-stock transaction, set to reshape the mid-Atlantic banking landscape. The deal aims to consolidate Atlantic Union’s presence, making it the largest regional bank headquartered in the lower mid-Atlantic and expanding its influence in […]
IperionX Limited (NASDAQ: IPX, ASX: IPX) has secured A$100 million through a placement of 31,250,000 new fully paid ordinary shares, issued at A$3.20 each. This capital injection aims to fund the expansion of its titanium production campus in Virginia. The funds will also support equipment procurement, working capital, and corporate purposes, alongside further development of […]
As Virginia’s energy demand surges at a rate of over 5% annually, Dominion Energy Virginia and Amazon have signed a Memorandum of Understanding (MOU) to explore the development of Small Modular Reactors (SMRs). With power needs expected to double in the next 15 years, the collaboration seeks to implement SMRs as a sustainable and reliable […]
The Gulf Coast of Florida is reeling from the powerful impact of Hurricane Milton, which made landfall as a Category 3 storm on Wednesday evening. With wind speeds of up to 125 mph, the storm has left behind a path of destruction, forcing over one million residents to evacuate and overwhelming local infrastructure. This devastation […]
Hurricane Helene has carved a devastating path across the southeastern United States, leaving over 200 people dead and thousands more displaced in its wake. As the powerful storm ravaged multiple states, including Florida, Georgia, South Carolina, North Carolina, Tennessee, and Virginia, the scale of destruction has been described as “unimaginable.” Helene made landfall as a […]
Rahul Gandhi’s ongoing visit to the United States has ignited a fierce political debate in India. The leader of the opposition from the Indian National Congress criticized the Narendra Modi government on various issues, particularly focusing on the treatment of the Sikh community and religious freedoms. Speaking at an event in Herndon, Virginia, he claimed […]
NImmune Biopharma has entered into a strategic partnership with BioTherapeutics, a clinical-stage biotech company based in Virginia, to accelerate the development of next-generation precision medicines targeting inflammatory and autoimmune diseases. This collaboration is poised to leverage BioTherapeutics’ advanced computational modeling, regulatory expertise, and unique animal models to fast-track NImmune Biopharma’s pipeline, particularly its LANCL immunoregulatory […]
Industrial Realty Group, LLC, one of the largest players in the commercial and industrial property sector, has made headlines with its latest acquisition. The company has secured a sprawling 298,126 square foot warehouse facility located at 3321 Princess Anne Road in Norfolk, Virginia. This acquisition underscores Industrial Realty Group’s strategic push to bolster its presence […]
In a significant move that reshapes the banking landscape of the mid-Atlantic region, Atlantic Union Bankshares Corporation has officially completed its merger with American National Bankshares Inc. The deal, which closed on April 1, 2024, was previously announced and has been keenly watched by industry insiders. This merger marks a pivotal step for Atlantic Union, […]