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Top News & Analysis Virginia

  • March 23- Financial market concerns are rising about the pace of policymaking in Washington under U.S. President Donald Trump and fellow Republicans in Congress, with investors focused on knock-on effects from any setbacks in Trump's Obamacare rollback plan. April 3: Senate Judiciary Committee expected to vote on Supreme Court nominee Neil Gorsuch, sending...

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • March 22- Financial market concerns are rising about the pace of policymaking in Washington under U.S. President Donald Trump and fellow Republicans in Congress, with investors focused on knock-on effects from any setbacks in Trump's Obamacare rollback plan. April 3: Senate Judiciary Committee expected to vote on Supreme Court nominee Neil Gorsuch, sending...

  • ALBANY, N.Y.— New York Attorney General Eric Schneiderman says his office has reached a $540,000 settlement with a Virginia- based retailer and financing firm that fraudulently charged hundreds of military members. Schneiderman says Wednesday that the settlement with Norfolk- based Freedom Stores will clear debt and judgments charged to 257 soldiers from...

  • NEW YORK— The big snowstorm in the U.S. The period from December through February was the sixth-warmest winter on record, according to the National Oceanic and Atmospheric Administration, the U.S. government agency that compiles statistics about the weather. The average January temperature in the lower 48 states, which excludes Alaska and Hawaii, was 33.6...

  • Loretta Mester

    Cleveland Fed President Mester said that if the economic data holds up she supports the U.S. central bank taking steps that would begin to reduce its debt.

  • WASHINGTON- Federal Reserve Deputy Director for Division of Bank Supervision and Regulation Maryann Hunter will attend American Bankers Association's Government Relations Summit- 1145 GMT. FRANKFURT- French Central Bank Chief Francois Villeroy de Galhau and other top European finance officials speak in Frankfurt. FRANKFURT- European Central Bank...

  • WASHINGTON- Federal Reserve Deputy Director for Division of Bank Supervision and Regulation Maryann Hunter will attend American Bankers Association's Government Relations Summit- 1145 GMT. FRANKFURT- French Central Bank Chief Francois Villeroy de Galhau and other top European finance officials speak in Frankfurt. FRANKFURT- European Central Bank...

  • RICHMOND, Va., March 21- Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday that if the economic data holds up she supports the U.S. central bank taking steps that would begin to reduce its $4.5 trillion balance sheet. "In my view, if economic conditions evolve as I anticipate, I would be comfortable changing our reinvestment policy this year,"...

  • ARLINGTON, Va., March 21- Lockheed Martin Corp's chief executive said on Tuesday she is "more optimistic than ever" about growth prospects because refocusing the company on its core defense business has helped make weaponry more affordable for cost-conscious governments, including the Trump administration. CEO Marillyn Hewson told reporters that...

  • NEW YORK, March 21- Wall St glued to politics as correction fears return. The steepest pullback in stocks since the U.S. presidential election reveals investor angst about President Donald Trump's ability to push through major reforms, leaving stocks vulnerable to a long-anticipated correction. Adding to the angst, FBI Director James Comey on Monday...

  • March 21- Lockheed Martin Corp CEO Marillyn Hewson said on Tuesday she is "more optimistic than ever" about the company's growth outlook because affordable defense products align with the Trump administration's goals. Hewson also highlighted additional growth could come from continued high demand from international customers, the F-35 jet fighter...

  • ROCHESTER, N.Y.— Wegmans Foot Markets has announced opening dates for its two new stores in northern New Jersey. The Rochester- based supermarket chain says Tuesday that a 113,000- square-foot Wegmans will open July 23 in Hanover, followed on Sept. 24 by the opening of the company's 108,000- square-foot store in Montvale. Wegmans currently operates 46 stores in...

  • SAN FRANCISCO, March 20- SoftBank Group Corp has invested $300 million in shared-office space company WeWork, the first installment of a multi-billion-dollar bet, according to a source familiar with the matter. SoftBank, the Japanese telecommunications and internet company, has made bold and wide-ranging bets in the technology industry, including India...

  • That includes expanding the Navy to 350 warships from 275 today. The Navy has given Defense Secretary Jim Mattis a report that explores how the country's industrial base could support higher ship production, Admiral Bill Moran, the vice chief of Naval Operations with oversight of the Navys shipbuilding outlook, told Reuters. To be sure, the first, and biggest,...

  • NEW YORK— Gannett has named Joanne Lipman as the editor-in-chief of USA Today, one of the country's biggest newspapers. Patty Michalski, who had been USA Today's acting editor-in-chief, will now focus on digital efforts for USA Today and Gannett's other papers. This story has been corrected to note that that Joanne Lipman was not the first female top editor at USA...

  • CHARLOTTESVILLE, Va.— As President Donald Trump touts job creation for Americans as a top priority, his son's Virginia winery is seeking permission to hire foreign workers to cultivate its grapes. Trump Vineyard Estates, better known as Trump Winery, asked to bring in 29 workers this season through the federal H-2A visa program, The Daily Progress reported.

  • EDINBURG, Va. _ Shenandoah Telecommunications Co. on Monday reported a fourth-quarter loss of $184,000, after reporting a profit in the same period a year earlier. The telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia posted revenue of $155.6 million in the period. Shenandoah Telecom shares have dropped 1...

  • The source, who is familiar with the investigation and requested anonymity to discuss sensitive information, said the probe is focused on who leaked descriptions and technical information on techniques and tools the CIA has used to eavesdrop on intelligence targets to the website. The U.S. Justice Department declined to comment, as did a spokesman for the CIA,...