GO
Loading...

Virginia

More

  • Arch Coal, like other U.S. miners, is struggling with dismally low coal prices and has been trying to cut costs and lower production of low-margin metallurgical, or steel-making, coal. Last week, Arch Coal said it would idle its Cumberland River coal complex in Kentucky and Virginia, lowering its full-year metallurgical coal volumes by about 200,000 tons.

  • *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.

  • 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.

  • WASHINGTON, July 18- The Obama administration on Friday approved a plan that would allow companies to assess oil resources off the Atlantic Coast, angering environmental groups that worried the plan will harm marine life and open the door to offshore drilling.

  • July 18- The Vatican has become enmeshed in a struggle between Hewlett-Packard Co and Michael Lynch, the former CEO of the UK software company Autonomy Corp bought by HP in 2011 in a deal that led to a big loss for the U.S. technology giant.

  • FedEx slapped with US charges over online drugs Friday, 18 Jul 2014 | 6:26 AM ET
    FedEx workers unload packages from a delivery truck in San Francisco, California.

    FedEx was indicted for shipping packages from illegal online pharmacies despite repeated warnings from U.S. drug enforcement officials.

  • SAN FRANCISCO, July 17- FedEx Corp was indicted on Thursday for shipping packages from illegal online pharmacies despite repeated warnings from U.S. drug enforcement officials, according to a court filing. FedEx allegedly gained at least $820 million from the conspiracy, the filing said, and could be fined up to twice that amount.

  • U.S. senators urge Treasury to fix money fund tax concerns Wednesday, 16 Jul 2014 | 11:28 AM ET

    In a series of three letters dated July 15 and seen by Reuters, Democratic Senators Bob Menendez of New Jersey and Mark Warner of Virginia and Republicans Pat Toomey of Pennsylvania and Mike Crapo of Idaho said the Treasury needs to issue quickly guidance because it will help inform both the public and the SEC.

  • FARNBOROUGH, England, July 15- U.S. military officials have approved limited flights for Lockheed Martin's F-35 fighter jets, but the Pentagon said the newest U.S. combat jet would not make its international debut before potential buyers this week.

  • Congress begins a five-week summer recess that same day. White House support for the 10- month extension has annoyed some Democrats who are opposed because it would push decisions on long-term funding to a newly elected Congress next year. At the very least, Congress should be keeping people on the job who are already there right now, "Obama said.

  • WASHINGTON, July 15- The U.S. House of Representatives voted on Tuesday to ban permanently any taxation of Internet access, a prohibition that is temporary and currently set to expire in 16 weeks. The approval came on a voice vote, sending the legislation next to the Senate, where it also has bipartisan support.

  • In a visit to a government highway research center in Virginia, Obama is expected to tout work on so-called vehicle-to-vehicle and vehicle-to-infrastructure communication technology to improve navigation, according to the White House.

  • *VW declines comment on incentives from Tennessee. July 14- Volkswagen AG said on Monday it would invest about $900 million to build a mid-sized SUV at its U.S. plant in Tennessee starting in late 2016, nearly doubling the factory's work force. About $600 million of the $900 million will be invested in Tennessee, VW said.

  • July 14- Volkswagen AG said on Monday it would invest about $900 million to build a mid-sized SUV at its U.S. plant in Tennessee starting in late 2016, nearly doubling the factory's work force. About $600 million of the $900 million will be invested in Tennessee, VW said.

  • But I feel like I'm changing one or two minds here or there, "said Felice Pete, a nurse anesthetist and a member of the state party's Black Advisory Board. The swing state, one of 11 where the Republican National Committee has hired staff to reach black voters, hosts one of the country's most important Senate races in November's midterm elections.

  • WASHINGTON, July 11- Last year the U.S. Food and Drug Administration recommended that millions of dollars in research grants be awarded to scientists serving on its tobacco advisory committee, even as it rejected several projects deemed by a National Institutes of Health panel to have greater scientific merit, according to confidential scores reviewed by Reuters.

  • U.S. House panel approves bill to rein in patent fights Thursday, 10 Jul 2014 | 4:49 PM ET

    WASHINGTON, July 10- A U.S. House of Representatives subcommittee on Thursday approved a draft bill aimed at reining in companies that seek licensing fees for invalid patents or are otherwise dishonest in writing what are known as "demand letters."

  • YOUR MONEY -When airport clubs are worth the money Thursday, 10 Jul 2014 | 3:03 PM ET

    July 10- When you fly several times a month, as Gabriella Ribeiro Truman does, finding a comfortable place to wait for a flight and grab a snack can make traveling a lot more enjoyable.

  • WASHINGTON, July 10- A surge of Republican pressure is bringing the Federal Reserve's long-held independence into question again, as conservative lawmakers seek to place the U.S. central bank under tougher scrutiny.

  • Fed's independence questioned by Republicans again Thursday, 10 Jul 2014 | 5:49 AM ET
    The Federal Reserve building.

    A surge of Republican pressure is bringing the Fed's long-held independence into question again.