Top News & Analysis Virginia

  • ALEXANDRIA, Va.— A political donor and cable news commentator pleaded guilty Friday to federal criminal charges in what prosecutors described as a $30 million investment fraud scheme tied to his health-technology company. Sreedhar Potarazu, 51, an ophthalmogist from Potomac, Maryland, was appointed to serve on the credentials committee to this year's...

  • JEFFERSON CITY, Mo.— When President-elect Donald Trump announced a deal to save hundreds of jobs at a Carrier plant in Indiana, it came with a cost to state taxpayers of about $7 million in tax breaks and grants. States offer more than 1,800 incentive programs for businesses, a figure that has declined slightly over the past five years as programs have been...

  • CHARLOTTE, N.C.— Internal emails show that city and state officials blame a North Carolina law limiting LGBT protections for a company's decision to pick another state for a new project that includes 700 jobs. The Charlotte Observer reports that emails obtained through public records requests show that the law known as HB2 was cited as a key factor in CoStar...

  • WASHINGTON, Dec 1- Carnival Corp's Princess Cruise Lines will plead guilty to seven felony charges of polluting the seas and trying to cover it up, and pay a record $40 million criminal penalty, the U.S. Justice Department said on Thursday. U.S. investigators began to probe the ship's actions after a whistle-blower engineer reported an illegal dump off the coast...

  • "At this point, we think logic will prevail," Union Pacific's Chief Financial Officer Rob Knight said. And Knight said that shipments to and from Mexico account for about 12 percent of Omaha, Nebraska- based Union Pacific's volume. So Trump's criticism of the North American Free Trade Agreement between the United States, Mexico and Canada would seem troubling for...

  • NEW YORK— The Latest on President-elect Donald Trump and his administration:. A Wisconsin judge has refused to order local officials to conduct the state's presidential recount by hand. Mitt Romney is praising Donald Trump, saying he has "increasing hope" that the president-elect can lead the country to a "better future."

  • Republican presidential candidate Donald Trump (2nd L) talks with journalists during a rally against the Iran nuclear deal on the West Lawn of the U.S. Capitol September 9, 2015 in Washington, DC.

    Trump has fired off another tweet barrage, attacking a CNN reporter who said the president-elect "falsely" claimed extensive voter fraud.

  • But in western New York, they are battling over plans to build dozens of wind turbines that could be among the nation's tallest, rising 600 feet above the scenic shores of Lake Ontario. Apex's proposal to plant 70 propeller turbines amid the farms and towns east of Niagara Falls is still in its early stages, but it has already generated thousands of pages of...

  • Adobe Digital Insights says Thanksgiving Day sales online totaled $1.93 billion, up 11.5 percent from the day last year, as more people opted to stay home and shop online instead of hitting the stores. Adobe attributed the shortfall to heavy discounting in the early hours of the holiday and-higher than-expected online revenue the Wednesday before...

  • Even as retailers kick off the shopping season earlier each year, the day after Thanksgiving is still one of the busiest sales days of the year. "If I've seen it on the internet and I find a better deal than I saw on the internet, I'll buy it," said Dianna Ramirez, who was looking for a television at the Crossgates Mall in suburban Albany, New York. Shamika Malloy of Albany...

  • As Americans feasted on turkey Thursday during the nation's first major post-election holiday, some took to social media to describe the political gloating, loathing and subject avoiding they experienced around the Thanksgiving table. Facebook and Twitter posts, many even before dinner was served, revealed some people still struggling to come to grips...

  • *3rd- qtr adj. profit $0.81/ shr vs. est. Dollar-stores such as Dollar Tree and Dollar General Corp have been expanding aggressively in recent years, taking market share from Wal-Mart Stores Inc and other retailers, thanks to their smaller store sizes, improving product assortment and prices starting at $1.00. "We believe that these results demonstrate the Family...

  • The controversy over drilling for oil in the Atlantic Ocean has been reignited by the election of Donald Trump, and environmentalists and coastal businesses say it could be the first major fault line that divides them from the new president. The Obama administration has moved to restrict access to offshore oil drilling leases in the Atlantic, as well as off...

  • Dollar-stores such as Dollar Tree and Dollar General Corp have been expanding aggressively in recent years, taking market share from Wal-Mart Stores Inc and other retailers, thanks to their smaller store sizes, improving product assortment and prices starting at $1.00. "We believe that these results demonstrate the Family Dollar acquisition is paying...

  • DETROIT— U.S. auto safety regulators are allowing General Motors to delay a large recall of potentially defective air bags, giving the company time to prove that the devices are safe and to possibly avoid a huge financial hit. The unusual move by the National Highway Traffic Safety Administration buys time for GM to do long-term tests of Takata air bag inflators...

  • CHESAPEAKE, Va.— Dollar Tree shares surged as the discount retailer beat Wall Street expectations and upgraded its full-year earnings guidance. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share. Seven analysts surveyed by Zacks expected $5.06 billion.

  • WINCHESTER, Va. _ American Woodmark Corp. on Tuesday reported fiscal second-quarter profit of $17.6 million. American Woodmark shares have risen slightly since the beginning of the year. Keywords: American Woodmark, Earnings Report.

  • MCLEAN, Va. _ Gladstone Capital Corp. on Monday reported fiscal fourth-quarter net income of $20.7 million, after reporting a loss in the same period a year earlier. The McLean, Virginia- based company said it had profit of 89 cents per share. Gladstone Capital shares have risen 10 percent since the beginning of the year.

  • NEW YORK, Nov 21- All three major U.S. stock indexes set record closing highs on Monday, extending their post-election rally as energy and other commodity-related shares gained and Facebook led a jump in technology. Stocks have mostly rallied since the Nov. 8 U.S. election, with investors snapping up shares of banks, health care and other companies expected to...

  • HERNDON, Va. _ Beacon Roofing Supply Inc. on Monday reported fiscal fourth-quarter profit of $47.4 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share. Eight analysts surveyed by Zacks expected $1.27 billion.