States are still seeing low levels of job growth despite the recovery. A weak housing and manufacturing sector has stymied employment.» Read More
NEWPORT NEWS, Va.— NEWPORT NEWS, Va.— Coal from Appalachia rumbles into this port city, 150 railroad cars at a time, bound for the belly of the massive cargo ship Prime Lily. The ship soon sets sail for South America, its 80,000 tons of coal destined for power plants and factories, an export of American energy— and pollution.
The first two reactors built after a 16- year lull, Southern Co.' s Vogtle plant in Georgia and SCANA Corp.' s VC Summer plant in South Carolina, are being assembled in large modules. The factory in Louisiana that constructed the prefabricated sections struggled to meet strict quality rules.
HONG KONG— Chinese pork giant WH Group is taking a second run at going public with a scaled-back share offering after abandoning its first IPO attempt because of sagging investor demand. WH Group originally planned to raise more than double that amount earlier this year but investors were turned off at a time when financial markets were turbulent.
But we also shouldn't worry too much, "says Phil Derner, founder of the aviation enthusiast website NYC Aviation. Then you would say there's a systemic problem here, but each event is unique, "said Jon Beatty, president and CEO of the Flight Safety Foundation, an airline industry-supported nonprofit in Alexandria, Virginia, that promotes global aviation safety.
WASHINGTON— Nearly 300 passengers perish when their plane is shot out of the sky. Less than one in 2 million flights last year ended in an accident in which the plane was damaged beyond repair, according to the International Air Transport Association.
MSHA cited as examples Thursday coal mines in Virginia and West Virginia. Twenty-five citations were issued at the Dickenson-Russell Coal Co. LLC's Cherokee Mine in Dickenson County, Virginia. The West Virginia inspection occurred at Rhino Eastern LLC's Eagle Mine 3 in Wyoming County.
MIAMI— Linda Close was grateful to learn she qualified for a sizable subsidy to help pay for her health insurance under the new federal law. The Associated Press has reviewed Close's various subsidy amounts and dates to verify the information, but she asked that her financial information and medical history not be published for privacy reasons.
RICHMOND, Va.— Virginia continues to see steep honey bee colony losses. The Virginia Department of Agriculture and Consumer Services says a survey from October through April found that nearly 33 percent of managed honey bee colonies in the state died.
*General Dynamics, Northrop beat profit estimates. *General Dynamics reports higher aerospace orders. July 23- U.S. weapons makers General Dynamics Corp and Northrop Grumman Corp raised their 2014 profit forecasts as cost cutting allowed them to improve profitability even as defense spending by the U.S. government remained low.
RICHMOND, Va.— Fitness equipment maker Core Health& Fitness is planning to invest $2 million to expand a Grayson County manufacturing plant, creating 250 jobs. Vancouver, Washington- based Core Health& Fitness says it will continue to make Nautilus equipment as well as other fitness equipment brands such as Star Trac and StairMaster.
NORFOLK, Va.— Norfolk Southern executives are optimistic about the economy after delivering a 21 percent rise in second-quarter profit as the railroad hauled more freight. The Norfolk, Virginia- based railroad reported net income of $562 million, or $1.79 per share, in the quarter.
WASHINGTON— In rapid succession, six federal judges on two appeals courts weighed in on a key component of President Barack Obama's health care law.
WASHINGTON— Two federal appeals courts issued conflicting rulings Tuesday in a dispute involving crucial financing for President Barack Obama's health care law.
July 22- Coal miner Peabody Energy Corp reported a smaller-than-expected quarterly loss, helped by stronger price realizations in the United States and higher sales volumes in Australia.
In that first ruling, a divided three-judge panel in Washington called into question the subsidies that help millions of low- and middle-income people afford their premiums, saying financial aid can be provided only in states that have set up their own insurance markets, or exchanges.
MCLEAN, Va.— Gannett Co. on Tuesday reported earnings that nearly doubled in its second quarter, and topped analysts' expectations. The Mclean, Virginia- based company said net income increased to $208.5 million, or 90 cents per share, from $113.6 million, or 48 cents per share, in the same quarter a year ago.
RICHMOND, Va.— Federal appeals court in Virginia rules in Obama administration's favor on health subsidies.
RICHMOND, Va.— Marlboro maker Altria Group posted flat second-quarter earnings Tuesday as higher prices helped to offset decline in the number of cigarettes it sold.
U.S. District Court Judge Richard Leon in Washington ordered the FDA on Monday to reconstitute the tobacco panel and barred the agency from using its older report on menthol cigarettes.
NEW YORK— A Florida widow awarded $23.6 billion in the death of her chain-smoking husband on Monday called the massive verdict a message to Big Tobacco, even though she likely won't see much if any of the money. In another major tobacco trial, a $28 billion verdict in a 2002 case in Los Angeles turned into $28 million after appeals.