Top News & Analysis Virginia

  • NEW YORK— When a small business is successful, an owner will likely face the question of whether to grow. Web design firm Geeks Chicago put expansion and hiring plans on hold for six to 12 months because its customers— companies of all sizes— have cut their budgets, says President Mark Tuchscherer. A Bank of America survey released in May showed 55 percent of 1,000...

  • HUNTINGTON, W.Va.— Officials say 29 projects in nine Appalachian states and in Texas are being funded by nearly $39 million from a federal initiative aimed at stimulating economic development in U.S. communities hard hit by coal industry layoffs. Officials for the Appalachian Regional Commission and other agencies announced the projects Wednesday at a news...

  • WASHINGTON, Aug 23- New U.S. single-family home sales unexpectedly surged in July, reaching their highest level in nearly nine years amid robust demand, brightening the housing market outlook and bolstering views that economic growth will pick up in the third quarter. "A very rosy picture is beginning to emerge on the housing market, pointing to sustained...

  • WASHINGTON— Members of Congress are demanding more information on why the price for lifesaving EpiPens has skyrocketed. Charles Grassley, R- Iowa, wrote Mylan, the company that manufactures the devices, and asked for more information on why the prices have increased. Two other senators, Democrats Mark Warner of Virginia and Richard Blumenthal of Connecticut,...

  • WINCHESTER, Va. _ American Woodmark Corp. on Tuesday reported fiscal first-quarter earnings of $21.7 million. American Woodmark shares have declined nearly 3 percent since the beginning of the year. Keywords: American Woodmark, Earnings Report.

  • Aug 22- Virginia Governor Terry McAuliffe has restored voting rights to almost 13,000 felons on a case-by-case basis after the state Supreme Court blocked his wider clemency effort, he said on Monday. The order was seen as a possible aid in tipping Virginia, a swing state in this year's presidential election, in favor of Democratic nominee Hillary Clinton.

  • CHARLOTTESVILLE, Va.— A top executive with a California investment-management firm who was in Virginia to drop a student off at college has died after being struck by a car near campus. The Albemarle County Police Department said in a statement that 57- year-old Bonnie Baha of San Marino, California, was struck by a car just before 1 p.m. Sunday near the University...

  • ASHEVILLE, N.C.— Hillary Clinton "owes the state of North Carolina a very big apology," Donald Trump thundered, condemning the loss of manufacturing jobs due to free-trade deals supported by the Democratic presidential nominee. In the state that may be the most pivotal to Trump's White House bid, the audience for the Republican's chief economic pitch is shrinking...

  • WASHINGTON— Hiring has been strong in the past year in many presidential campaign swing states, a possible hurdle for GOP candidate Donald Trump, who has sought to capitalize on economic distress. Employers have added jobs in the past 12 months at a faster pace than the national average in Colorado, Florida, Michigan and North Carolina, the Labor Department said...

  • Aug 18- United Bankshares Inc said it would buy rival lender Cardinal Financial Corp in an all-stock deal worth about $912 million, strengthening its position in the Washington, D.C., metropolitan area. Its offices are in Virginia, Maryland and Washington, D.C.. United Bankshares, which is headquartered in Washington, D.C., and Charleston, West Virginia, said the deal...

  • The auctioneers claim the tools were stolen from the Equation Group, the name given to a powerful collective of hackers exposed by antivirus firm Kaspersky Lab in 2015. Others have linked the Equation Group to the NSA's hacking arm, although such claims are extraordinarily hard to settle with any certainty. The leaked tools "share a strong connection" with the...

  • ARLINGTON, Va. _ CACI International Inc. on Wednesday reported fiscal fourth-quarter profit of $43.6 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.58 per share. CACI International expects full-year earnings to be $6.02 to $6.43 per share, with revenue in the range of $4.05 billion to $4.25...

  • It's a strategy that crosses the mind of many borrowers when they take on a home loan: Make an extra mortgage payment or two every year and save tens of thousands of dollars in interest. On a $250,000, 30- year mortgage with a fixed rate of 4 percent, making an extra payment every year would save the homeowner roughly $27,724 over the life of the loan.

  • RICHMOND, Va. _ Performance Food Group Co. on Wednesday reported fiscal fourth-quarter earnings of $29.2 million. The Richmond, Virginia- based company said it had profit of 29 cents per share. For the year, the company reported profit of $68.3 million, or 70 cents per share.

  • The announcement came as Trump, a New York businessman seeking his first elected office, looks to improve his standing among voters, particularly those in swing states such as Iowa, where some recent opinion polls show Trump and Democratic nominee Hillary Clinton in a tight race. Republican Governors Terry Branstad of Iowa, Sam Brownback of Kansas, Jack...

  • WASHINGTON, Aug 16- A U.S. agency's plans to ban forced arbitration clauses from financial contracts faces a tough road, with early reaction pointing to a years-long battle that could take a Supreme Court test to settle. "If you see a final rule that is substantially similar or identical to the proposed rule there is a very high likelihood that there will be an...

  • "Ask Brianna" is a Q&A column for 20- somethings, or anyone else starting out. I'm here to help you manage your money, find a job and pay off student loans— all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to askbrianna@nerdwallet.com.

  • Aetna has become the latest health insurer to retreat from the Affordable Care Act's public exchanges by announcing a pullback that will further deplete customer choices in many pockets of the country. The insurer's late Monday announcement comes after UnitedHealth and Humana detailed their own exchange pull backs for 2017 and after more than a dozen...

  • Advance Auto Parts got the Carquest chain of stores when it bought General Parts International Inc in 2014. That, along with closures and consolidation at other chains, brought the company's total store count down to 5,192 as of July 16 from 5,293 on Jan. 2. Advance Auto Parts' revenue fell to $2.26 billion in the quarter ended July 16 from $2.37 billion a year...

  • ROANOKE, Va. _ Advance Auto Parts Inc. on Tuesday reported second-quarter net income of $124.6 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.13 per share. Advance Auto Parts shares have risen 11 percent since the beginning of the year.