×

Top News & Analysis Virginia

  • U.S. residents paid Uncle Sam an average of $8,943 per person in federal income, payroll and estate taxes in 2016.. A look at how the District of Columbia and the states rank in per capita federal taxes:. 1. District of Columbia: $36.569.

  • Washington, that swampy den of iniquity that politicians love to scorn, sends the most tax dollars per person to the U.S. government. Washington is an outlier because, despite years of lobbying, it is not a state. West Virginia, Mississippi and New Mexico have low median household incomes, which helps explain why they their residents pay far less in federal taxes.

  • J.C. Penney Co. said Friday that it is delaying the closure of 138 stores by several weeks after more people started visiting those locations. Riverview Mall in Bullhead City. Fort Morgan Main Street in Fort Morgan.

  • April 13- The University of California is appealing a U.S. patent ruling over the game-changing gene editing technology known as CRISPR that favored the Broad Institute, a research affiliate of Harvard University and the Massachusetts Institute of Technology. The appeal filed in the U.S. Court of Appeals for the Federal Circuit was announced Thursday by the...

  • Virginia's Smithfield Foods said in a press release Wednesday that its new division is called Smithfield Bioscience. Smithfield Bioscience also works with Harvard and Columbia universities on the research and development of immunology therapies. Located in Smithfield, Virginia, the company was bought in 2013 by a division of the China- based WH Group.

  • April 13- The University of California at Berkeley and University of Vienna in Austria have appealed a ruling allowing a research center affiliated with MIT and Harvard to keep valuable patents on a revolutionary gene-editing technology known as CRISPR. Patent and Trademark Office's Patent Trial and Appeal Board in Alexandria, Virginia, in February ruled...

  • April 13- The University of California at Berkeley and University of Vienna in Austria have appealed a ruling allowing a research center affiliated with MIT and Harvard to keep valuable patents on a revolutionary gene-editing technology known as CRISPR. Patent and Trademark Office's Patent Trial and Appeal Board in Alexandria, Virginia, in February ruled...

  • HARTFORD, Conn.— In a story April 8 about optometrists supporting a Connecticut bill limiting online eye exams, The Associated Press reported erroneously the medical title of the co-founder of Opternative, a company that offers such tests. Connecticut optometrists seek to limit online eye exams. Some Connecticut optometrists are seeking to limit the use of...

  • NEW YORK, April 12- U.S. stocks eased on Wednesday and the S&P 500 closed below a key technical level for the first time since Election Day, pressured by lingering geopolitical concerns and President Donald Trump's comments on the dollar and interest rates. Trump said in a Wall Street Journal interview that the dollar "was getting too strong," though he also said he...

  • *Wall Street stocks fall, defensive sectors strongest. Trump, in an interview with the Wall Street Journal, also said he would not label China a currency manipulator. Its just that he may not think now is the right time to brand China a currency manipulator, "said Kathy Lien, managing director, at BK Asset Management in New York.

  • NEW YORK— The results of a staff survey jolted Alex Slater into realizing how drastically his business needed a culture change. About half the 19 employees at his Clyde Group public relations firm said they planned to leave in one to two years, and rated the environment as "average" or "needs improvement." "It was a big, almost shocking, learning moment for me where I...

  • RICHMOND, Va.— Rolling Stone magazine settled a University of Virginia administrator's lawsuit over its discredited story about a rape on campus, but its legal fights over the botched article aren't over. The magazine still faces a more than $25 million lawsuit filed by the University of Virginia chapter of the fraternity where Jackie claimed she had been...

  • It comes after an investor group led by former music executive Edgar Bronfman Jr abandoned its pursuit of Time Inc in March, following a $1.8 billion offer it made late last year. While Time Inc is looking to sell itself for more than $20 per share, Meredith has so far made a preliminary offer with a price range that values it below that, the people said this week.

  • Paul Manafort of Republican presidential nominee Donald Trump's staff listens during a round table discussion on security at Trump Tower in the Manhattan borough of New York, August 17, 2016.

    Last August, a handwritten ledger surfaced in Ukraine with dollar amounts and dates next to the name of Paul Manafort, who was then Donald Trump's campaign chairman.

  • WASHINGTON— Last August, a handwritten ledger surfaced in Ukraine with dollar amounts and dates next to the name of Paul Manafort, who was then Donald Trump's campaign chairman. Now, financial records newly obtained by The Associated Press confirm that at least $1.2 million in payments listed in the ledger next to Manafort's name were actually received by his...

  • MCLEAN, Va. _ Cardinal Financial Corp. on Tuesday reported first-quarter profit of $12.4 million. Cardinal Financial shares have dropped 12 percent since the beginning of the year. Keywords: Cardinal Financial, Earnings Report.

  • BOSTON, April 10- Shareholder activism is rare in Islamic finance, but one wealth manager has staked out new territory as the most outspoken voice among Muslim investors in the United States. Working from an office in Falls Church, Virginia, Bashar Qasem was the only Islamic financial representative among religious shareholder advocates who sent a letter in...

  • BOSTON, April 10- Shareholder activism is rare in Islamic finance, but one wealth manager has staked out new territory as the most outspoken voice among Muslim investors in the United States. Working from an office in Falls Church, Virginia, Bashar Qasem was the only Islamic financial representative among religious shareholder advocates who sent a letter in...

  • The SEC on Thursday said it won a court order freezing assets of Lawrence Cluff and Roger Shaoul, both of Richmond, after they generated more than $925,000 of gains on Mobileye shares and call options purchased in the month-and-a-half before the March 13 merger was announced. The SEC filed civil charges against Cluff and Shaoul nearly two weeks after charging...

  • NEW YORK, April 6- Aetna Inc will exit Iowa's Obamacare-compliant individual insurance market in 2018, a year surrounded by uncertainty over which insurers will sell plans and at what price as Republicans seek to dismantle the 2010 Affordable Care Act. Aetna, citing financial risk and the uncertain outlook, said on Thursday it is still evaluating other...