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Top News & Analysis Virginia

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  • Vice President Joe Biden to deliver a feisty performance Thursday evening during a high-stakes debate against Republican challenger Paul Ryan and seize back momentum in the race for the White House.

  • Parents seek to sue VaTech chief for '07 massacre Thursday, 11 Oct 2012 | 11:19 AM ET

    RICHMOND, Va.-- The parents of two Virginia Tech students who successfully sued the state for the deaths of their daughters in a 2007 campus massacre now want to hold the university's president accountable for failing to alert students and faculty of the first shootings on campus.

  • TEXT-S&P assigns 'BB-' rating to NTELOS term loan Thursday, 11 Oct 2012 | 11:01 AM ET

    Our projected distressed EBITDA multiple for NTELOS is 4 x and recognizes the company's limited geographic footprint as well as the substantial, and growing reliance on a wholesale contract with Sprint Spectrum L.P. Our `BB-' corporate credit ratings on NTELOS are not affected by the refinancing.

  • Comcast kicks off Internet access program in Va Thursday, 11 Oct 2012 | 9:22 AM ET

    RICHMOND, Va.-- Comcast Corp. is kicking off the second year of a program aimed at making sure low-income families in Virginia have Internet access. To date, more than 1,800 families in Virginia have been connected to the Internet through the program.

  • In meningitis scare, charges firm misled US regulators Thursday, 11 Oct 2012 | 8:19 AM ET

    On Wednesday, Idaho became the 11th state to report a case of the rare illness, which has been linked to tainted steroids produced by a specialty pharmacy in Massachusetts. The case in Idaho is the first discovered in the western United States.

  • PRESS DIGEST - Wall Street Journal - Oct 11 Thursday, 11 Oct 2012 | 1:54 AM ET

    Oct 11- The following are the top stories in the Wall Street Journal on Thursday. *BAE Systems Plc and EADS called off their merger after the UK, France and Germany failed to agree on how much influence they should have over the combined entity.

  • RTI plant in Va. begins production Thursday, 11 Oct 2012 | 12:54 AM ET

    MARTINSVILLE, Va.-- Titanium production is under way at RTI International Metals Inc.' s new $135 million plant in Martinsville, Va.. Pittsburgh- based RTI says the plant produced its first certified commercial aerospace titanium product on Thursday.

  • Ohio ice cream maker recalls some products Thursday, 11 Oct 2012 | 12:22 AM ET

    Velvet Ice Cream said Thursday that some of the peanut products bought from Sunland Inc. for use in the ice cream flavors could be contaminated. The recalled Velvet products are sold mainly at convenience stores, ice cream parlors and small, independent retailers in Ohio, Indiana, Kentucky, Tennessee, Virginia and West Virginia.

  • *Lawmakers seek tighter regulation of compounding companies* Outbreak has sickened 138 people in 11 states, killed 12* Senator Brown to return contributions from NECC owners By Tim McLaughlin and Toni Clarke.

  • By Tim McLaughlin and Toni Clarke. BOSTON, Oct 10- A Massachusetts specialist pharmacy linked to a company at the center of a major health scare closed temporarily on Wednesday and a state regulator clamped down on such operations in the wake of a meningitis outbreak that has claimed a dozen lives.

  • TEXT-S&P assigns Artel LLC 'B' rating Wednesday, 10 Oct 2012 | 6:08 PM ET

    --U.S. government contractor Artel is proposing the issuance of a $145 million senior secured credit facility, comprising a $125 million term loan and a $20 million revolving credit facility, to refinance existing debt and redeem preferred equity.

  • Highlights from the Fed's US economic survey Wednesday, 10 Oct 2012 | 4:56 PM ET

    WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.

  • NASHVILLE, Tenn., Oct 10- Pressure mounted for greater regulation of a little known corner of the pharmaceuticals industry in response to a meningitis scare that widened to 11 states on Wednesday with the first case confirmed in Idaho.

  • Pa. DEP issues permit for gas-fired power plant Wednesday, 10 Oct 2012 | 3:51 PM ET

    HARRISBURG, Pa.-- The Pennsylvania Department of Environmental Protection has issued a permit for a new electric power plant that will be supplied at least partly with locally produced natural gas from the Marcellus Shale.

  • Analyst: Wal-Mart shipping no big threat to Amazon Wednesday, 10 Oct 2012 | 2:29 PM ET

    Caris& Co. analyst Scott Tilghman said in a research note Wednesday that Wal-Mart Stores Inc.' s recently announced plans for same-day shipping is not the threat to Amazon.com Inc. that some perceived it to be. Wal-Mart's program offers fewer products and is being offered in five markets, versus the 10 being tested by Amazon.

  • Oct 10- Eighteen more people have contracted meningitis from potentially tainted steroid injections, and a death was officially confirmed in Florida, bringing the total number killed to 12, the Centers for Disease Control said on Wednesday.

  • Virginia updates drought advisories Wednesday, 10 Oct 2012 | 1:19 PM ET

    RICHMOND, Va.-- Virginia is easing drought advisories for central Virginia and the northern Piedmont region, but keeping a watch in place for the Roanoke River region. The region includes 10 counties, from Appomattox to Prince Edward, and the cities of Colonial Heights, Petersburg and Hopewell.

  • *May take to early Nov. to identify all stricken in Tennessee. Oversight committees in both the Senate and House hope to learn more about the outbreak before Oct. 12 from staff members of the Food and Drug Administration and the CDC, aides said.

  • --We are assigning' B' issue-level ratings to its $30 million first-lien revolving credit facility due 2016 and $260 million first-lien term loan due 2018, with recovery ratings of' 3'.

  • US STOCKS-Wall St edges down as Alcoa, Chevron weigh Wednesday, 10 Oct 2012 | 10:50 AM ET

    *Alcoa beats expectations but cautions of slowdown. *Yum Brands defies China sluggish growth, raises outlook. NEW YORK, Oct 10- U.S. stocks dipped on Wednesday as earnings season began with Alcoa forecasting slower demand for aluminum, while a profit warning from Chevron weighed on the energy sector.