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Top News & Analysis Virginia

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  • With fire and smoke billowing along the James River in Lynchburg, city fire battalion chief Robert E. Lipscomb said the sooner he could get answers about the train from the company, the better. "I felt, from an incident commander's perspective, that that two hours was a little bit long," he told the National Transportation Safety Board a day after the April 30, 2014...

  • Altria Group increases dividend by 8.7 percent Friday, 21 Aug 2015 | 11:27 AM ET

    NEW YORK— Altria Group Inc. is boosting its quarterly dividend by 8.7 percent. The increase to 56.5 cents per common share from the prior rate of 52 cents per common share is payable on October 9 shareholders of record as of September 15. The Richmond, Virginia- based maker of Marlboro cigarettes, cigars and smokeless products said the dividend increase reflects...

  • Economic issues occupied a small portion of the GOP's first presidential primary debate last month, a stark contrast from the primary debates of 2012, which focused heavily on jobs and the economy. In Nevada, which will pick Republican and Democratic nominees Feb. 20, unemployment is still high at 6.8 percent. Nevada has added about 45,000 jobs in the past year,...

  • FRANKFURT, Aug 21- Smartphone apps that help people learn languages for free or nearly free, a few sentences at a time, are piling pressure on established education firms and setting the pace for how to make lessons more engaging. Phone and tablet-based mobile products from newcomers like Germany's Babbel, Britain's Memrise and U.S.-based Duolingo have...

  • As part of the three-day visit, senior U.S. and Indian naval officers visited the shipyard in Newport News, Virginia, where Huntington Ingalls Industries Inc is building the USS Gerald R. Ford, the first in a new class of aircraft carriers, according to Navy spokeswoman Colleen O'Rourke and Huntington Ingalls spokeswoman Beci Brenton. The group also met with...

  • Lumber Liquidators shares soar after analyst upgrade Thursday, 20 Aug 2015 | 11:14 AM ET

    NEW YORK— A Wall Street analyst says it's time to buy stock of troubled flooring retailer Lumber Liquidators, citing the company's recent hiring of an executive to manage its legal problems. Shares of Lumber Liquidators soared more than 13 percent Thursday. The company's stock has been falling since March when the CBS news program "60 Minutes" reported that...

  • American Woodmark posts 1Q profit Thursday, 20 Aug 2015 | 6:36 AM ET

    WINCHESTER, Va. _ American Woodmark Corp. on Thursday reported fiscal first-quarter net income of $15.2 million. American Woodmark shares have climbed 66 percent since the beginning of the year. Keywords: American Woodmark, Earnings Report.

  • LOS ANGELES— Movie theater chain Regal Entertainment Group has begun to check bags in response to shootings at theaters around the country, a procedure it acknowledged on its website was "not without flaws" and would inconvenience guests but provide better security. It's unclear when the policy began, but several local TV stations reported online that...

  • Man working on Tesla Motors charging station found dead Wednesday, 19 Aug 2015 | 2:28 PM ET

    NORFOLK, Va.— A man who was working on a new Tesla Motors auto charging station in Virginia has died. Emergency personnel arrived Tuesday morning at Janaf Shopping Yard in Norfolk and pronounced the man dead. On Wednesday, Norfolk police identified the man as 32- year-old Steven V. Weaver of Angier, North Carolina.

  • Colombia revisits violent past in Pablo Escobar biopic Wednesday, 19 Aug 2015 | 12:04 AM ET

    More than two decades after he was gunned down, his vast wealth, megalomania and ruthless violence still mesmerize, as evidenced by the attention surrounding Netflix's upcoming series "Narcos" about the cartel boss. So much so that cinema-loving President Juan Manuel Santos agreed to pick up $2 million in production costs so Netflix could film in the country.

  • TOANO, Va.— Lumber Liquidators has hired a chief legal officer to help the troubled flooring retailer navigate through a thicket of problems that have hammered its stock and upended its management. Jill Witter is taking on the job as Lumber Liquidators' chief legal and compliance officer after serving as a consultant to the Toano, Virginia, company since early...

  • Aug 12- Buyout firm TPG Capital LP is in advanced talks to acquire Ellucian Company LP, in a deal that could value the U.S. provider of software to universities and colleges at $3.5 billion, including debt, people familiar with the matter said. Ellucian's owners, private equity firms Hellman& Friedman LLC and JMI Equity, are in the final stages of negotiating the deal...

  • YOUR MONEY-Coming soon to a screen near you: Doctors Wednesday, 12 Aug 2015 | 10:00 AM ET

    NEW YORK, Aug 12- When the great summer cold hit my family, we hunkered down with soup, tissues and TV. It is part of a booming industry that is attracting venture capital and is expected to save U.S. companies more than $6 billion a year in healthcare costs, according to consultant Towers Watson. You do not have to wait for your employer or insurance company to provide...

  • NEW YORK, August 12- When couples split, custody is one of the hardest issues they have to resolve. Six months in Virginia, six months in British Columbia. Number two, ask if they have pets, "says Debra Hamilton, a mediator from Armonk, New York, who successfully handled Pupineya's case."

  • In his home state of Utah, the Overstock.com Inc chairman is preparing a 2016 bid to replace a popular governor. In Washington DC, his online retailer has emerged as the only company to back both of two competing proposals in Congress for the best way to tax online sales. But on the issue of Internet sales taxes, Johson notes that the Constitution expressly grants...

  • WASHINGTON, Aug 9- In her 2008 bid for the White House, Hillary Clinton cast herself as a blue-collar Democrat who was unabashedly pro-coal, a stance that helped her beat opponent Barack Obama easily in primaries in states that produced or were reliant on coal. Ohio and Pennsylvania, in particular, have a lot of electoral votes, which are key to electing a new...

  • Aug 6- Credit card lender Capital One Financial Corp is in exclusive talks to acquire General Electric Co's U.S. healthcare finance unit, in a deal likely to top $10 billion, according to people familiar with the matter. The potential deal could bulk up Capital One's existing healthcare lending operations and bring GE one step closer to achieving its target of...

  • Aug 6- Dairy Farmers of America Inc has agreed to pay $50 million to settle a class-action lawsuit in which farmers in the northeastern United States accused the marketing cooperative of conspiring to drive down milk prices. In their lawsuit, which began in October 2009, farmers accused Dairy Farmers of America, its Dairy Marketing Services LLC arm, and dairy...

  • BOSTON, Aug 6- Some of the U.S. state and county-run investment pools that oversee more than $200 billion in local government cash are loading up on riskier corporate debt to produce yields that outpace the industry average by many times over, according to a Reuters analysis of their financial disclosures. "I don't want to call it the Wild Wild West, but it sure seems...

  • NEW YORK, Aug 5- It takes a special kind of person to be a morning-show host. Not just the kind of person who can get up at 3 or 4 a.m. every day, but someone with a personality that the rest of America doesn't mind seeing when they are tired, grumpy and have not yet had a first cup of coffee. I got paid $1 an hour to bus tables, and since I didn't even have a driver's license at the...