Congressman Jim Moran proposed a measure designed to provide an additional $25 to lawmakers every day they work in Washington.» Read More
MCLEAN, Va.— Capital One Financial Corp. says its first-quarter profit edged up, even as income it receives from lending slipped. After the market closed Wednesday, McLean, Va.- based Capital One reported net income of $1.14 billion, or $1.96 per share, for the three months ending March 31.
*First-quarter net profit $1.96/ share vs est $1.69. April 16- Capital One Financial Corp's quarterly profit rose about 10 percent, beating estimates, as the credit card issuer set aside less money to cover soured loans.
A three-judge panel of the 4th U.S. Circuit Court of Appeals said the public's right to access to judicial records trumps any possible damage to the company's reputation and bottom line. District Judge Alexander Williams Jr. in Maryland with orders to unseal it and reveal the company's identity.
The 4th U.S. Circuit Court of Appeals in Richmond, Va., sided with consumer groups Wednesday in their fight to reveal the identity of the manufacturer. In 2011, an unidentified manufacturer went to court to stop the Consumer Product Safety Commission from publishing online a complaint about a product the company makes.
RICHMOND, Va.— A federal appeals court on Wednesday upheld a contempt of court citation against an email service provider used by National Security Agency leaker Edward Snowden.
WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, U.S. and British officials said Wednesday.
WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, senior defense officials said Wednesday.
CAPE CANAVERAL, Fla.— SpaceX is shooting for another launch attempt Friday to deliver supplies to the International Space Station. NASA confirmed the launch date Wednesday, two days after a last-minute rocket leak delayed the mission. The prime computer has been working fine, but NASA wants to get a new backup installed outside the station as soon as possible.
RICHMOND, Va.— Virginia's six-year transportation plan totals $13.1 billion, with $9.9 billion earmarked for highway construction. The Commonwealth Transportation Board released the plan Wednesday at a meeting in Richmond. Other hearings are planned in Bristol, Fairfax, Staunton, Richmond, Fredericksburg, Culpeper, Lynchburg and Salem.
RICHMOND, Va.— The nation's top cigarette makers said Tuesday they have made about $6 billion in annual payments as part of a longstanding settlement in which some companies are paying states for smoking-related health care costs.
WASHINGTON— The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system.
WASHINGTON— U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products. The 1.1 percent jump reported by the Commerce Department on Monday was the best showing since September 2012. WASHINGTON— The calendar shows April 15, and you haven't even started on your federal tax return?
Public Service: The Guardian US and The Washington Post. Investigative Reporting: Chris Hamby of The Center for Public Integrity, Washington, D.C.. Explanatory Reporting: Eli Saslow of The Washington Post.
A 2009 law gave the FDA the power to regulate a number of aspects of tobacco marketing and manufacturing, though it cannot ban nicotine or cigarettes outright. The proposed FDA regulation was submitted to the Office of Management and Budget for review in October.
CAPE CANAVERAL, Fla.— A space station cargo ship will remain Earthbound for a while longer because of a rocket leak. With just over an hour remaining, the SpaceX company called off Monday's planned launch. Over the weekend, NASA almost postponed the launch attempt because of a computer outage at the International Space Station.
The National Transportation Safety Board, which investigates transportation accidents, recommended in February 1999 that federal regulators issue new standards for large buses, also known as motorcoaches, so that after an accident passengers can easily open windows and emergency exits.
SEATTLE— Dispatchers who couldn't answer the 911 call of Washington woman facing an intruder are deeply troubled by the statewide system failure but relieved she wasn't injured, the dispatch center's executive director said Friday. The 911 outage lasted about seven hours early Thursday and was resolved at about 7 a.m., CenturyLink said.
WASHINGTON— Showing that some issues can bridge the political divide, Michelle Obama and Jill Biden, joined by former first lady Rosalynn Carter and former Sen.
WASHINGTON— Republican opposition to Obama administration plans to spin off U.S. oversight of the Internet's domain name system is evolving into an election-year political fight, with GOP lawmakers using it as the latest front in their attacks on President Barack Obama's trustworthiness.
WASHINGTON— Eleven Senate Democrats, including six who face contested races this year, urged President Barack Obama on Thursday to approve the Keystone XL oil pipeline by the end of May.