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  • Duke: Moving coal ash would cost up to $10 billion Tuesday, 22 Apr 2014 | 5:19 PM ET

    RALEIGH, N.C.— Duke Energy told North Carolina lawmakers Tuesday that removing all of the company's coal ash away from the state's rivers and lakes would take decades and cost up to $10 billion, with its electricity customers likely footing nearly all the bill.

  • E-cig industry awaits looming federal regulation Tuesday, 22 Apr 2014 | 3:01 AM ET

    The Food and Drug Administration will propose rules for e-cigarettes as early as this month. Regulators aim to answer the burning question posed by Kenneth Warner, a professor at the University of Michigan School of Public Health: "Is this going to be the disruptive technology that finally takes us in the direction of getting rid of cigarettes?"

  • Japan, US struggle to bridge gap on freer trade Tuesday, 22 Apr 2014 | 2:18 AM ET

    The major sticking points between Japan and the U.S. have to do with removing tariffs on agricultural products such as rice, beef, dairy products and sugar that Japan has long protected from foreign competition, Japanese media reported. Japanese carmakers exported 4,731 vehicles per day to the U.S. last year, while Japan imported less than 62 per day.

  • Navy OKs changes for submariners' sleep schedules Sunday, 20 Apr 2014 | 12:53 PM ET

    Research by a Navy laboratory in Groton is now leading to changes for the undersea fleet. Military scientists concluded submarine sailors, who traditionally begin a new workday every 18 hours, show less fatigue on a 24- hour schedule, and the Navy has endorsed the findings for any skippers who want to make the switch.

  • NASA: Engineer vital to 1969 moon landing dies Saturday, 19 Apr 2014 | 10:53 PM ET

    As NASA describes on its website, while under pressure during the U.S.-Soviet space race, Houbolt was the catalyst in securing U.S. commitment to the science and engineering theory that eventually carried the Apollo crew to the moon and back safely.

  • Va.'s jobless rate rises to 5 pct in March Friday, 18 Apr 2014 | 11:28 AM ET

    RICHMOND, Va.— The Virginia Employment Commission says the state's jobless rate rose slightly to 5 percent in March. Virginia had seen its jobless rate decline for seven consecutive months, reaching its lowest rate in February since November 2008.

  • Hotel magnate, Democratic fundraiser pleads guilty Thursday, 17 Apr 2014 | 12:06 PM ET

    NEW YORK— A wealthy hotel executive and Democratic fundraiser who supported Hilary Clinton for president pleaded guilty Thursday to charges he secretly funneled more than $180,000 in illegal campaign contributions to three unnamed candidates and coached someone to lie about it.

  • Tobacco supplier Universal to enter food business Thursday, 17 Apr 2014 | 8:19 AM ET

    Richmond, Va.- based Universal Corp. is opening a new juice and dehydration facility in North Carolina that will initially focus on sweet potatoes. The new subsidiary, Carolina Innovative Food Ingredients Inc., expects to invest about $20 million over two years into the facility.

  • Philip Morris Int'l 1Q profit falls nearly 12 pct Thursday, 17 Apr 2014 | 7:40 AM ET

    RICHMOND, Virginia— Philip Morris International's first-quarter profit dropped nearly 12 percent as cigarette sales fell in the overseas markets that it serves and it was hurt by foreign exchange rates for the U.S. dollar.

  • Capital One Financial's profit edges up Wednesday, 16 Apr 2014 | 5:26 PM ET

    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.

  • AmEx posts higher 1Q profit as spending picks up Wednesday, 16 Apr 2014 | 4:48 PM ET

    NEW YORK— American Express said Wednesday its net income climbed in the first quarter, helped by higher spending by its cardholders even as cold winter weather gripped much of the country. After the stock market closed Wednesday, AmEx said its net income rose 12 percent to $1.43 billion, or $1.33 per share, in the three months ending March 31.

  • Appeals court: Consumer case improperly sealed Wednesday, 16 Apr 2014 | 4:08 PM ET

    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.

  • Consumer groups win appeal to reveal Company Doe Wednesday, 16 Apr 2014 | 4:07 PM ET

    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.

  • Appeals court upholds Snowden email firm contempt Wednesday, 16 Apr 2014 | 2:21 PM ET

    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.

  • SpaceX will try again Fri. to launch station cargo Wednesday, 16 Apr 2014 | 10:06 AM ET

    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.

  • Va. transportation plan makes debut Wednesday Wednesday, 16 Apr 2014 | 2:46 AM ET

    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.

  • Tobacco cos. make payments under state settlement Tuesday, 15 Apr 2014 | 2:54 PM ET

    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.

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