Virginia
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The FBI is looking into the relationship between Virginia Governor Robert McDonnell and a major campaign donor who paid the caterer at his daughter's wedding, reports CNBC's Eamon Javers.
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RALEIGH, N.C.-- Tesla Motors is fighting a bill in North Carolina that would effectively ban the company from selling its electric cars in the state, pitting it against auto dealers who say the car maker has an unfair advantage selling directly to consumers online.
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Edward Woodard, the former chief executive of Bank of the Commonwealth, was found guilty along with two other executives by a federal jury in Norfolk following a multi-week trial, the U.S. Justice Department said.
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After years of resistance and internal debate, the Boy Scouts has decided to admit openly gay youths as members.
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ARLINGTON, Va.-- Lehman Brothers Holdings Inc. is selling about half of its stakes in apartment complex owners AvalonBay Communities Inc. and Equity Residential through underwritten public offerings.
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New census estimates show that most of the nation's largest cities further enhanced their allure last year, posting strong population growth for a second straight year.
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WASHINGTON/ NEW YORK, May 22- Dish Network Corp is ramping up its Washington- centric campaign to thwart Japanese firm SoftBank Corp's bid for Sprint Nextel Corp, hoping to convince lawmakers and government reviewers that it poses national security risks.
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May 22- Dish Network Corp has rolled out an advertising campaign suggesting a deal by a Japanese company to acquire Sprint Nextel Corp could threaten U.S. national security, hoping to sway lawmakers and win support for its rival offer.
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CNBC has been ranking all 50 states for competitiveness since 2007. This year's report comes as states continue to get back in fighting shape—fighting for jobs, that is.
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We score all the states on 55 measures of competitiveness and 10 categories, from the cost of doing business to technology and innovation.
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NEWPORT NEWS, Va.-- A Canadian seafood processing company will spend about $6.6 million to upgrade a facility it owns in Newport News. McDonnell's office says Virginia successfully competed against Georgia and South Carolina for the project. Virginia approved a $250,000 grant from the Governor's Opportunity Fund to assist Newport News in landing the project.
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ARLINGTON, Va.-- Shares of FBR& Co. rose Tuesday after the investment bank opened a modified "Dutch auction" tender offer to buy up to 1.25 million shares, or about 10.6 percent, of its outstanding common stock. The stock will be purchased for between $22.50 and $23.50 per share. FBR shares rose $1.39, or 6 percent, to $23.39 in afternoon trading.
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LOUISVILLE, Ky.-- A longtime coal operator plans to open seven mines in the heart of the eastern Kentucky coalfields in a venture expected to create more than 250 jobs in a hard-pressed region where several thousand mining jobs have disappeared in recent years.
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WASHINGTON, May 20- Water levels in U.S. aquifers, the vast underground storage areas tapped for agriculture, energy and human consumption, between 2000 and 2008 dropped at a rate that was almost three times as great as any time during the 20th century, U.S. officials said on Monday.
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NEW YORK-- James River Coal Co. shares extended their rally Monday on news that the company reached deals to exchange about $243.4 million of existing debt for $123.3 million in new debt, pushing back the maturity of some of it by three years.
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WASHINGTON, May 17- Unemployment rates dropped in 43 out of the 50 U.S. states and in the District of Columbia in April from a year before, according to Labor Department data released on Friday. A handful of states, including Illinois, Delaware, Indiana, Wisconsin, Mississippi and New Hampshire saw their jobless rates rise over the year.
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RICHMOND, Va.-- Shares of James River Coal Co. jumped Friday after the company said it reached deals to exchange about $243.4 million of existing debt for $123.3 million in new debt, pushing back the maturity of some of it by three years.
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NEW YORK-- Shares in companies that do defense contracting work rose across the board Friday on the heels of a huge stock buyback program announced by Northrop Grumman, sending it and others to all-time highs. Shares of General Dynamics are up 22 percent over the past year, Lockheed Martin is up 28 percent, and Raytheon is up 33 percent.
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The traffickers lived modestly and had alleged links to known terrorists, including Omar Abdel-Rahman, the blind cleric serving a life sentence for a conspiracy to blow up New York City landmarks. Arrests also were made in New York City, New Jersey and Delaware.
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HOUSTON-- Stage Stores' first-quarter loss widened as it spent to consolidate some facilities and, like other retailers, struggled to get shoppers out of the house and through their doors in some nasty spring weather.
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FALLS CHURCH, Va.-- Defense contractor Northrop Grumman Corp. said Thursday that its board approved the repurchase of another $4 billion in stock, and it plans to buy back a quarter of its outstanding shares by the end of 2015.. Northrop Grumman had 235.2 million shares as of April 19.