McLEAN, Va.-- Capital One Financial Corp. on Friday named Stephen Crawford as its next chief financial officer. Crawford will join the McLean, Va.- based bank on Feb. 4 and become a member of its executive committee. On May 24, he will transition to the role of CFO and succeed Gary Perlin, the company's current finance chief, who will retire.
HERNDON, Va.-- Volkswagen of America Inc. said Friday that U.S. auto sales rose 7 percent in January and marked the company's highest sales in the month since 1974.. BY THE NUMBERS: VW sold 29,018 vehicles, up from 27,208 in January 2012. TOP SELLERS: Sales of the Jetta fell 4 percent, but it was still VW's biggest seller in the U.S., at 10,522..
NAPLES, Fla.-- Electronic payments company ACI Worldwide agreed to buy online payments company Online Resources Corp. for about $133 million, saying the acquisition will bolster its business by adding more financial institutions as clients and beefing up its online and mobile banking services.
NAPLES, Fla.-- Electronic payments company ACI Worldwide agreed to buy online payments company Online Resources Corp. for about $126 million, saying the acquisition would bolster its business by adding more financial institutions as clients and beefing up its online and mobile banking services.
*Chesapeake home to 3,600 species, watershed covers 6 states. WASHINGTON, Jan 31- The Chesapeake Bay, North America's biggest estuary, is still ailing but making some progress as it struggles to recover from over-fishing and pollution, a partnership overseeing its revival said on Thursday.
The House Finance Committee voted 13-8 to endorse the Republican governor's five-year, $3.1 billion plan and send it to the floor for a vote early next week. "It's a good start," House Speaker William J. Howell, R- Stafford and sponsor of the bill, said in an interview after the committee adopted a few relatively minor amendments and advanced the measure.
WASHINGTON-- A group of a half-dozen House members, equally divided between Democrats and Republicans, is nearing completion of wide-ranging immigration legislation similar to proposals by Senate negotiators and President Barack Obama, including a pathway to legal immigration status for 11 million illegal immigrants already in the U.S.
*Hagel says cuts would be "devastating" to Pentagon. WASHINGTON, Jan 31- Big automatic cuts in federal spending are fast approaching again, alarming the defense sector but generating little activity in Congress to avoid them.
CHARLESTON, W.Va.-- Expanding its footprint the Washington, D.C. market, United Bankshares Inc. will buy Virginia Commerce Bancorp Inc. in a deal worth $490.6 million, the company said Wednesday.
The firm's parent company, Booz Allen Hamilton Holding Corp., reported net income of $56.2 million, or 38 cents per share, for the October-December period. Shares of Booz Hamilton fell 54 cents, or 3.7 percent, to $14.05 in morning trading. Booz Hamilton attributed the revenue decline to "lower demand due to market forces."
RICHMOND, Va.-- Opponents of uranium mining in Virginia said Tuesday they have the votes in a Senate committee to block legislation that would effectively end a decades-old state moratorium on mining the radioactive ore.
*Markets await Fed meeting announcement, data on U.S. and China. NEW YORK, Jan 29- World stock markets mostly rallied on Tuesday and the dollar fell to a 14- month low against the euro on rising risk appetite as the Federal Reserve began a two-day policy meeting in which it is expected to maintain its easy monetary policy.
*Markets await Fed meeting, data on U.S. and China. NEW YORK, Jan 29- World stock markets were mostly higher on Tuesday and the dollar fell to a 14- month low against the euro as the Federal Reserve began a two-day policy meeting in which it is expected to maintain its easy monetary policy.
*Markets await Fed meeting, data on U.S. and China. *Brent oil holds above $113 a barrel. NEW YORK, Jan 29- World stock markets were mostly higher on Tuesday as U.S.
RICHMOND, Va.-- The issue of uranium mining in Virginia heats up at the General Assembly this week. The Pittsylvania Board of Supervisors urged the Legislature last week to keep the ban in place. The legislation allowing mining would clear the way for Virginia Uranium Inc. to mine a 119- million-pound deposit in that county.
*Police chiefs from Newtown, Aurora meet at White House. *Obama says he needs cooperation of Congress. WASHINGTON, Jan 28- President Barack Obama turned to law enforcement on Monday for support in his push to tighten gun laws, meeting at the White House with police chiefs from cities scarred by mass shootings and calling for more officers nationwide.
OLYMPIA, Wash.-- As many state and local governments across the nation deal with the aftermath of severe budget cuts prompted by the Great Recession, a Washington state lawmaker has put forth a plan to increase revenue without raising taxes: Allow the sale of naming rights to publicly owned facilities.
NEW YORK-- While Norfolk Southern has underperformed of late, 2013 should be a turning point, an analyst said Monday as he raised his rating and price target for the railroad company. Norfolk Southern Corp. reported last Tuesday that its fourth-quarter net income fell on weak coal demand, but its results still beat Wall Street's expectations.
WASHINGTON, Jan 28- President Barack Obama and Vice President Joe Biden are scheduled to meet with police chiefs from three U.S. communities scarred by mass shootings last year to talk about the administration's push to reduce gun violence, a White House official said.
*Senate panel to hold gun control hearing Wednesday. WASHINGTON, Jan 27- The senator leading the charge to revive a U.S. assault weapons ban conceded on Sunday, just days before hearings on gun control open, that winning Senate passage will be tough but said she has been assured she will have the chance to bring it up for a vote.