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Top News & Analysis Virginia

  • With the Republican president facing a storm of criticism from many Democrats and some lawmakers in his own party, the Trump administration accused Comey of "atrocities" on the job and denied his firing was related to the FBI investigation into the Trump 2016 presidential campaign's possible collusion with Moscow to sway the election. The ouster stunned...

  • Facing criticism from members of Congress, the Trump administration denied the firing was related to the FBI probe of the Trump 2016 presidential campaign's possible collusion with Moscow to sway the election. Comey informed lawmakers of that request after the Senate intelligence committee had asked the FBI to speed up its Russia inquiry, the source said.

  • President Donald Trump defended his firing of FBI Director James Comey on Wednesday as Democrats intensified accusations that the ouster was intended to undermine an agency probe into his presidential campaign's possible collusion with Russia to sway the 2016 election. Senior Democrats pressed for an independent investigation into the Russia issue.

  • WASHINGTON, May 9- The newly appointed second-in-command at the U.S. Justice Department faced a weighty task just two weeks after taking office- writing the rationale for firing FBI Director James Comey. Deputy Attorney General Rod Rosenstein argued the case for Comey's sacking in a three-page memo to Attorney General Jeff Sessions on Tuesday.

  • WASHINGTON, May 9- The newly appointed second-in-command at the U.S. Justice Department faced a weighty task just two weeks after taking office- writing the rationale for firing FBI Director James Comey. Deputy Attorney General Rod Rosenstein argued the case for Comey's sacking in a three-page memo to Attorney General Jeff Sessions on Tuesday.

  • May 8- Canada's Hudson's Bay Co has hired a debt restructuring adviser to review potential options for combining its business with debt-laden U.S. department store operator Neiman Marcus Group, according to people familiar with the matter. The move is the clearest indication yet that Neiman Marcus' $4.7 billion debt pile poses significant challenges to a...

  • NEW YORK, May 4- U.S. Republicans do plan to vote on the U.S. House of Representatives bill, the American HealthCare Act, this afternoon, a wide-reaching piece of legislation that would undo the central tenets of Obamacare and create a pathway for an orderly transition next year to the new law. The bill must next go to the U.S. Senate, where the Republican majority is...

  • First Horizon's offer price of $40.83 per share represents a discount of about 3 percent to Capital Bank's Wednesday closing. The combined company will have $40 billion in assets and $32 billion in deposits and will operate more than 300 branches across the Southeast, including Tennessee, South Carolina, Florida and Virginia. First Horizon will offer 1.750...

  • Capital Bank shares were trading below the offer price at $40.50 before the bell on Thursday. First Horizon will offer 1.750 shares and $7.90 in cash for each Capital Bank share-- a ratio of 80 percent stock and 20 percent cash. First Horizon operates 170 branches across Tennessee and the Southeast, and Capital Bank operates 193 branches in North and South...

  • WASHINGTON, May 3- President Donald Trump's effort to roll back Obamacare gained momentum on Wednesday as Republican leaders scheduled a vote in the House of Representatives on Thursday on newly revised legislation. Even if a narrow majority in the House approves the bill, it still faces a steep climb in the Senate, where only a few defections could kill the...

  • WASHINGTON, May 3- President Donald Trump's effort to roll back Obamacare gained momentum on Wednesday as Republican leaders scheduled a vote in the House of Representatives on Thursday on a fresh version of legislation. The legislation's prospects brightened further after members of the Freedom Caucus, a faction of conservative lawmakers in the House who...

  • WASHINGTON, May 3- President Donald Trump's effort to roll back Obamacare gained momentum on Wednesday as Republican leaders scheduled a vote in the House of Representatives on Thursday on a fresh version of legislation. The legislation's prospects brightened further after members of the Freedom Caucus, a faction of conservative lawmakers in the House who...

  • WASHINGTON, May 3- In a possible breakthrough for U.S. Republicans' effort to roll back Obamacare, the House of Representatives plans to hold a vote Thursday on compromise legislation, potentially ending a logjam that has delayed advancing President Donald Trump's campaign promise to repeal the law. The effort is showing Trump how hard it is to manage factions...

  • WASHINGTON, May 3- In a possible breakthrough for U.S. Keen to score his first major legislative win since taking office in January, Trump has been personally engaged in building support among fellow Republicans in the House of Representatives for an effort that has already twice collapsed. The effort is showing Trump how hard it is to manage factions among the...

  • Republicans' chaotic effort to roll back Obamacare, three moderate lawmakers emerged from a White House meeting with President Donald Trump on Wednesday and said a revised bill might pass. The moderates, speaking to reporters outside the White House, said Trump has endorsed their plan to add $8 billion over five years to help cover the cost for people with...

  • NEW YORK, May 3- Aetna Inc will exit the Obamacare individual insurance market in Virginia and will not offer these plans on or off the online exchange created by the Affordable Care Act, the company said on Wednesday. Virginia's Department of Insurance has a May 3 deadline for insurers to submit premium rates for 2018.. The company said last month that it would...

  • NORFOLK, Va., May 3- Climate change poses a global security threat that all countries must fight together, a NATO general said on Wednesday, as U.S. They come amid lingering tensions between the leadership of the North Atlantic Treaty Organization and Trump, who at one point called NATO "obsolete". Trump, a Republican, is weighing whether the United States should stay...

  • WASHINGTON, May 2- Republicans in the U.S. House of Representatives said on Tuesday they were closer to agreeing on a reworked bill to overhaul the nation's healthcare system but still lacked the votes to pass it, as President Donald Trump pressed lawmakers for a vote. The White House has been pressuring House Republicans to push ahead with legislation to repeal...

  • SmartAsset.com ranked the top 10 U.S. states (and, in one case, federal district) whose citizens have the most personal debt.

  • *Light trading as Europe, other markets close for May Day. NEW YORK, May 1- Shares of the largest U.S. companies hit record highs on Monday, lifting Wall Street and a gauge of key world equity indexes, while data on U.S. drilling and output kept downward pressure on oil prices. Global trading was light, with some markets in Europe and Latin America closed for the May Day...