Top News & Analysis Virginia

  • WASHINGTON, Sept 18- U.S. homebuilding surged to more than a 12- year high in August as both single- and multi-family housing construction accelerated, suggesting that lower mortgage rates were finally providing a boost to the struggling housing market. The report from the Commerce Department on Wednesday also showed permits for future home construction...

  • WASHINGTON, Sept 18- U.S. homebuilding surged to more than a 12- year high in August as both single- and multi-family housing construction accelerated, suggesting that lower mortgage rates were finally providing a boost to the struggling housing market. The report from the Commerce Department on Wednesday also showed permits for future home construction...

  • COBHAM: CEO DAVID LOCKWOOD SAYS UNABLE TO DISCUSS ANY MEETINGS WITH GOVERNMENT ABOUT TAKEOVER AS ENGAGEMENT WAS CONFIDENTIAL.

  • U.S. President Donald Trump (L) and Jerry Falwell (R), President of Liberty University, on stage during a commencement at Liberty University May 13, 2017 in Lynchburg, Virginia. President Trump is the first sitting president to speak at Liberty's commencement since George H.W. Bush spoke in 1990.

    A Politico article detailed alleged self-dealing by Liberty University president Jerry Falwell Jr., a leading backer of President Donald Trump.

  • WASHINGTON, Sept 9- The United States is meeting with technology and other companies as it considers its options following a row with Paris over France's tax on big internet firms, the U.S. France and the United States last month had agreed to set aside their differences at the G7 after France said it would apply a 3% levy on digital services revenue on certain...

  • ELIZABETH CITY, N.C., Sept 6- Hurricane Dorian made landfall on the Outer Banks of North Carolina on Friday, hitting the beach resort area with powerful winds and battering waves days after reducing parts of the Bahamas to rubble. The storm, packing 90- mile-per-hour winds made landfall at Cape Hatteras at about 9 a.m. EDT, according to the National Hurricane Center.

  • NASSAU, Bahamas, Sept 5- An international relief effort gathered pace on Thursday to help stunned residents of the Bahamas, where the health minister predicted a "staggering" death toll from Hurricane Dorian, now churning northward off the coast of South Carolina. Aerial video of the Abaco Islands in the northern Bahamas worst hit by the then-Category 5...

  • NASSAU, Bahamas, Sept 5- An international relief effort to bring humanitarian aid to stunned residents of the Bahamas gathered pace on Thursday as Hurricane Dorian churned northward off the coast of South Carolina, threatening storm surges and flooding. Aerial video of the worst-hit Abaco Islands in the northern Bahamas showed widespread devastation, with...

  • NASSAU, Bahamas, Sept 5- Stunned residents of the Bahamas surveyed the wreckage of their homes and officials struggled to assess the number killed by Hurricane Dorian, as the storm bore down on the South Carolina coast on Thursday, threatening record flooding. Some 70,000 people in the Bahamas needed immediate humanitarian relief after the most damaging storm...

  • *New U.S.- China talks boost trade optimism. NEW YORK, Sept 5- Stocks hit one-month highs worldwide on Thursday as improved risk appetite led investors away from safe-haven assets such as bonds and gold on renewed hope for progress in U.S.- China trade negotiations and upbeat U.S. economic data. The announcement that top negotiators from the United States and...

  • WASHINGTON, Sept 5- The number of Americans filing applications for unemployment benefits rose modestly last week, suggesting little impact on the labor market from trade tensions, which have eroded business confidence and undercut manufacturing. Initial claims for state unemployment benefits increased 1,000 to a seasonally adjusted 217,000 for the...

  • NASSAU, Bahamas, Sept 5- Stunned residents of the Bahamas surveyed the wreckage of their homes and officials struggled to assess the number killed by Hurricane Dorian, as the storm bore down on the South Carolina coast, threatening record flooding on Thursday. The United Nations said 70,000 people in the Bahamas needed immediate humanitarian relief after the...

  • *More than 13,000 homes destroyed or damaged in Bahamas. NASSAU, Bahamas, Sept 5- Hurricane Dorian left stretches of the Bahamas looking as if they had been carpet bombed and was regaining strength as it crawled up the U.S. The United Nations said 70,000 people in the Bahamas needed immediate humanitarian relief after the most damaging storm ever to hit the island...

  • Bill Olesner walks down South Battery St. while cleaning debris from storm drains on September 5, 2019 in Charleston, South Carolina. Hurricane Dorian is just off the coast of South Carolina.

    Hurricane Dorian, still Category 2, is passing south and southeast of Myrtle Beach, South Carolina.

  • NASSAU, Bahamas, Sept 4- Survivors of Hurricane Dorian in the Bahamas thronged rescue helicopters on Wednesday and the United Nations said 70,000 people needed immediate humanitarian relief after one of the most powerful Caribbean storms on record devastated the island group. The most damaging storm to strike the island nation, Dorian killed 20 people when...

  • JACKSONVILLE. FL., Aug 31- Hurricane Dorian span northwest on Saturday, churning slowly across the Atlantic in the direction of Georgia and the Carolinas, with Florida also still in its sights. The NHC said Dorian was packing maximum sustained winds of 150 mph and was expected to hit the northwest Bahamas islands on Sunday and be near Florida's east coast late...

  • The Chesapeake, Virginia- based company reported a 2.4% rise in same-store sales in the second quarter ended Aug. 3. Wall Street analysts had forecast a 1.93% rise, according to IBES data from Refinitiv. Net income fell to $180.3 million, or 76 cents per share, from $273.9 million, or $1.15 per share, a year earlier.

  • HYDERABAD, Aug 21- India needs to encourage ecommerce and reduce red tape to help small businesses sell online and export goods to help revive sagging domestic economic growth, a senior Amazon.com executive said on Wednesday. "There is so much opportunity to just let ecommerce thrive versus trying to define every single guard rail under which it should operate,"...

  • Jeff Bezos, right, CEO of Amazon, is presented with the 2016 USIBC Global Leadership Award by Indian Prime Minister Narendra Modi during the 41st Annual Leadership Summit at the Mellen Auditorium, June 7, 2016 in Washington.

    The move comes months after the Seattle-based company scrapped plans to build a major outpost in New York, blaming opposition from local leaders.

  • WASHINGTON, Aug 20- Subsidized steel rack imports from China have materially harmed U.S. industry, the U.S. International Trade Commission found on Tuesday, locking in the Trump administration's duties on such products in the worsening U.S.- China trade war. The U.S. Commerce Department last month said it had concluded that exporters from China had sold steel...