Heavy rains are expected to result in significant losses to peanut, soybean and cotton crops, and it may go beyond that.» Read More
WASHINGTON, Oct 2- Abbott Laboratories Inc. must pay $700 million in fines and other costs for illegal marketing of its drug Depakote, in line with a p reviously announced settlement, the U.S. Justice Department said on Tuesday.
HERNDON, Va.-- Volkswagen of America Inc. said Tuesday that U.S. auto sales in September rose 34.4 percent, its best showing for that month since 1972, largely on strong sales of its Passat sedans. BY THE NUMBERS: VW sold 36,339 vehicles last month, compared with 27,036 in September 2011.
Oct 2- In a widely expected show of force, Boeing Co's engineers and technical workers rejected a pay offer late Monday, setting the stage for talks to resume Tuesday for labor agreements covering 23,000 workers.
Oct 2- Boeing Co's engineers and technical workers rejected a pay offer late Monday in a widely expected show of force, setting the stage for talks to resume on Tuesday for labor agreements covering 23,000 workers.
ABINGDON, Va.-- A federal court in Virginia has approved a $1.5 billion settlement of a case involving Abbott Laboratories' promotion of the anti-seizure drug Depakote.
MCLEAN, Va.-- Gladstone Investment Corp. said Tuesday that it reached a deal to sell 4 million shares of its common stock in a public offering for $7.50 per share. Gladstone also granted the offerings' underwriter, Jefferies& Co., a 30- day option to buy 600,000 more shares at the same terms. In morning trading, its shares fell 50 cents, or 6.4 percent, to $7.30.
Oct 2- Fitch Ratings has affirmed Navy Mutual Aid Association's Insurer Financial Strength rating at' A+'. The Rating Outlook is Stable. NMAA's IFS rating and Stable Outlook reflect the association's strong capital levels, high-quality and liquid investment portfolio, conservative financial profile, and moderate top-line growth.
WASHINGTON-- President Barack Obama is designating the California home of labor leader Cesar Chavez as a national monument, a move likely to shore up support from Hispanic and progressive voters just five weeks before the election.
NEW YORK, Oct 2- The town of Serenity, South Carolina, the imaginary setting for author Sherryl Woods's "Sweet Magnolias" novels, now has real food in it. Dana Sue's Killer Guacamole, Helen's Lethal Margaritas and Sullivan's Crab Cakes are among the fictional staples made real by chef Teddi Wohlford, who takes a gourmet approach to Southern classics.
Oct 2- In a widely expected show of force Boeing Co's engineers and technical workers rejected a pay offer late Monday, setting the stage for talks to resume Tuesday for labor agreements covering 23,000 workers.
WASHINGTON, Oct 1- The White House got some good news on Monday when Lockheed Martin said it would not issue notices of possible job reductions before the Nov. 6 election.
CHARLESTON, W.Va.-- The United Mine Workers of America says it's eager to meet with Alpha Natural Resources Inc. and negotiate a contract for 85 workers that the former Massey Energy refused to hire.
RICHMOND, Va.-- Several environmental groups say Dominion Virginia Power needs to do more to increase the use of renewable energy like solar and wind power. Dominion Virginia is a unit of Dominion Resources Inc..
BELLEVUE, Wash.-- The average price of a gallon of gasoline in Washington remains above $4 a gallon. The AAA auto club reports the average price in the state Monday is $4.03.
CHATHAM, Va.-- Leaders of the Virginia county that is home to one of the world's largest uranium deposits are set to debate the state's 30- year ban on the mining of the radioactive ore. The Pittsylvania County Board of Supervisors is scheduled to vote Monday on a resolution introduced by Supervisor Marshall Ecker.
RICHMOND, Va.-- Tredegar, which makes plastic films and aluminum extrusions, said Monday it bought aluminum extrusion maker AACOA Inc. for about $50.8 million. Tredegar said that the acquisition will add fabrication capabilities to the products and services of its subsidiary, The William L. Bonnell Co..
*Tredegar stock rises more than 3 percent. Oct 1- Tredegar Corp said on Monday that its subsidiary Bonnell Aluminum has acquired 100- percent ownership of AACOA Inc, a U.S. manufacturer of extruded aluminum for machinery and equipment.
WASHINGTON-- The U.S. Chamber of Commerce, which has spent tens of millions of dollars on television ads to help boost Republican congressional candidates, launched an extensive effort on Monday to mobilize voters. It also will include information on House and Senate races and a comparison of the candidates on the issues.
CLEVELAND-- A former fugitive suspected of running a $100 million cross-country scam collecting donations for Navy veterans has been identified as a Harvard- trained attorney wanted on unrelated fraud charges since 1987, authorities said Monday.