Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Agricultureread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
Virginia Democratic Lt. Gov. Ralph Northam has won the race for governor of that state on Tuesday, defeating Republican Ed Gillespie and dealing a blow to the GOP nationwide, and especially to President Donald Trump.
"We live in a very diverse society -- it is getting more diverse every day. It is that diverse society that makes this country great," Northam said in his victory speech. "And as long as I'm governor, I will make sure that we're inclusive, that we welcome people to the Commonwealth of Virginia. Our lights will be on. Our doors will be open."
Late Tuesday night, Northam led by nine points, having won 54% of the vote to Gillespie's 45% with 99% of precincts reporting. Northam's margin of victory stunned political analysts and pollsters, many of whom had predicted that the race would be extremely tight.
The campaign to succeed term-limited Democratic Gov. Terry McAuliffe was seen as an early test of Trump's influence in states like Virginia, where his 38 percent approval rating statewide mirrors his approval rating in a recent nationwide NBC News/Wall Street Journal poll.
Much of Northam's electoral strategy revolved around tying Gillespie to Trump, which he did in nearly all of his major campaign ads. "Ed Gillespie supports Donald Trump's plan to take money out of Virginia's public schools, his plan to roll back our clean water and clean air protections. And Ed Gillespie supports Donald Trump's plan to take health care away from thousands of Virginians," said the narrator of one of Northam's last campaign ads.
But if Northam's strategy was to tie Gillespie to Trump, Gillespie's strategy was to tie himself to Trump even more tightly.
A former lobbyist who once warned the GOP against becoming an "anti-immigration party," Gillespie chose to abandon his more moderate past positions in order to campaign as a die-hard Trump Republican.
Gillespie's campaign embraced many of the same divisive cultural issues that Trump has focused on in recent months, running ads that attacked players in the National Football League who protested during the national anthem, and warning voters that Northam would allow violent Central American criminal gangs to flourish in "sanctuary cities."
Meanwhile, Trump has served as a kind of echo chamber for Gillespie, amplifying his campaign themes and broadcasting them onto the national stage.
"Ralph Northam will allow crime to be rampant in Virginia," Trump wrote on Twitter Tuesday morning. Moments later, he tweeted that should Gillespie win, he would "totally turn around the high crime and poor economic performance of VA. MS-13 and crime will be gone."
Northam's win also bodes well for the Democrats' chances to reclaim a majority in the House in 2018, a prospect once viewed as nearly impossible. Now, buoyed by Trump's record-low approval ratings and GOP struggles to enact significant legislation, Democrats' chances are looking up.
In mid-October, the nonpartisan Cook Political Report credited a surge in Democratic momentum and candidate recruitment for its decision to shift its closely watched ratings of 12 House races to reflect more favorable conditions for Democrats.
Northam will be sworn in Jan. 13, 2018, for a term that expires in January 2022. By Virginia law, he cannot run for re-election to a consecutive term but can run again in eight years.
Clarification: This story was revised to clarify that Virginia governors cannot serve consecutive terms.