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Between Facebook and JPMorgan, Wall St. woes mount
NEW YORK (AP) -- Almost four years after the financial crisis, Wall Street still can't get it right....
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Between Facebook and JPMorgan, Wall St. woes mount
NEW YORK (AP) -- Almost four years after the financial crisis, Wall Street still can't get it right....
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Va. hurricane-prep sales tax break starts May 25
Virginians who want to stock up on batteries, bottled water and other supplies for the hurricane season will get a tax break this month.
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McDonnell to sign bills making Va. 'energy capital of the East Coast'
Gov. Bob McDonnell is promoting legislation that he says will help Virginia become the “energy capital of the East Coast.”
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Food and gas costs push U.S. consumer prices higher
U.S. consumers paid more last month for food and gas. But outside those volatile categories inflation was mild.
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U.S. employers pull back sharply on hiring
Employers pulled back sharply on hiring last month, a reminder that the U.S. economy may not be growing fast enough to sustain robust job growth. The unemployment rate dipped, but mostly because more Americans stopped looking for work.
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Va. officials to discuss uranium study group today
Critics of the McDonnell administration's approach to the prospect of uranium mining in Virginia will have a chance to deliver their complaints directly to the leaders of that effort this afternoon.
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Honda recalling 550,000 SUVs amid headlight failure concerns
Honda says it is recalling more than 550,000 CR-V and Pilot SUVs because the low-beam headlights can fail.
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New iPad hits 116 degrees, doesn't charge while running games Consumer Reports finds
After complaints mounted on the internet, a Consumer Reports test finds significantly more heat being put out by the new iPad vs. the iPad2
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Virginia Tech April 16 lawsuits not settled, likely headed to trial
The judge in the case asked both sides to try to work out a settlement earlier this year, but a university spokesman said negotiations did not end successfully
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Buffett says newspapers need to charge online
Warren Buffett says newspapers need to stop giving away their product for free online, but they will have a decent future if they continue delivering information that can't be found elsewhere.
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Obama administration unveils planned online privacy rules
The Obama administration is calling for stronger privacy protections for consumers as mobile gadgets, Internet services and other tools are able to do a better job of tracking what you do and where you go.
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Grape-flavored liquid infant Tylenol recalled
McNeil Consumer Healthcare says it is recalling about 574,000 bottles of a grape-flavored version of the liquid medicine, which was distributed nationally.
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Feds investigate door fires in 2007 Camrys, RAV-4s
Federal safety regulators are investigating reports of fires in the driver's side doors of 2007 Toyota Camry sedans and RAV-4 crossover SUVs.
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Dulles among U.S. airports to test lower-hassle screening
The head of the Transportation Security Administration says more travelers around the country will be eligible to enroll in a test program so that they can get through airport security with less hassle by the end of this year.
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Report says 21 percent of Va. residents lack nest egg
About one in five Virginia residents has almost no savings or other assets to weather a financial crisis, according to a nonprofit group's report.
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Rate on 30-year mortgage falls to record 3.87 percent
The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.
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Higher sales lift Chrysler to first annual profit since 1997
Chrysler, propelled by higher sales of Jeeps and other revamped cars and trucks, reported its first annual net income since 1997, capping a pivotal turnaround year that many thought would never come.
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Obama plays up auto industry success story today
President Barack Obama wears his decision to rescue General Motors and Chrysler three years ago as a badge of honor, a move to save jobs in an industry that helped create the backbone of the middle class more than a half-century ago.
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Americans' incomes up strong 0.5 percent; consumer spending flat
Americans' incomes rose last month by the most in nine months, a hopeful sign for the economy after a year of weak wage gains. But consumer spending was flat.
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Altria profit falls, CEO to retire
Marlboro maker Altria Group Inc. said today its fourth-quarter profit fell about 9 percent on lease and restructuring charges. The owner of America's biggest cigarette maker, Philip Morris USA, also said CEO Michael E. Szymanczyk will retire in May following the company's annual shareholder meeting.
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Macy's sues Martha Stewart Living
Macy's Inc. has sued Martha Stewart Living Omnimedia Inc. in a bid to block a licensing deal between the housewares company and J.C. Penney Co.
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Feds shut down popular file-sharing website Megaupload
One of the world's most popular file-sharing sites was shut down Thursday, and its founder and several company officials were accused of facilitating millions of illegal downloads of films, music and other content.
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Drug company recalls bottles of Excedrin, NoDoz
Novartis is recalling some bottles of Excedrin, NoDoz, Bufferin and Gas-X over concerns that the bottles could contain stray pills from other medicines, or chipped or broken tablets.
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U.S. unemployment rate hits lowest level in nearly 3 years
A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011.
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