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RMH Healthcare to join Sentara
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RMH Healthcare to join Sentara
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Newport News airport sees increase in traffic in June
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NEWPORT NEWS
Passenger traffic rose by 7.8 percent in June at the Newport News-Williamsburg International Airport.
The airport said Thursday that passenger traffic increased from 97,278 in June 2009 to 104,843 in the same period this year.
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Bob Dudley to outline BP’s plans to help the Gulf region recover from massive oil spill
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NEW ORLEANS (AP) #8212; Incoming BP CEO Bob Dudley was set to outline his company's long-term efforts to help the Gulf of Mexico recover from the oil spill Friday morning, and will be getting help from a Clinton administration-era emergency management official. pa href="http://feedads.g.doubleclick.net/~a/He01DNPcbEsS8WJ98JoSjSN_2K4/0/da"img src="http://feedads.g.doubleclick.net/~a/He01DNPcbEsS8WJ98JoSjSN_2K4/0/di" border="0" ismap="true"/img/abr/ a href="http://feedads.g.doubleclick.net/~a/He01DNPcbEsS8WJ98JoSjSN_2K4/1/da"img…
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NII Holdings sales up, raises guidance
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Reston-based NII Holdings is raising its full-year guidance after reporting a 28 percent increase in total revenues for the second quarter.
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Harris growing cyber-security operation, creating 100 new jobs
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Harris Corp. is planning to expand its cyber-security business, creating 100 high-tech jobs in Virginia.
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Strayer enrollment grows 23 percent
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Strayer Education Inc. reported a 26 percent increase in its second-quarter profit as student enrollment grew 23 percent.
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Beach plaster company faces harassment suit
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NORFOLK
The U.S. Equal Employment Opportunity Commission sued a Virginia Beach plastering company, alleging that a former worker experienced sexual harassment and discrimination based on national origin, the agency said Thursday.
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Port authority offers 5-year lease to Port of Richmond
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NORFOLK
The Virginia Port Authority has sent a quot;letter of intentquot; to the Port of Richmond, proposing a five-year lease of the facility, said Joe Harris, an authority spokesman, on Thursday.
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New Kindle models to be released
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Jeff Bezos isn#39;t just confident you#39;ll want a Kindle e-book reader. The CEO of Amazon.com is bracing for a future in which you#39;ll also want them for your kid heading to college, your spouse in a book club and perhaps even Grandpa. And despite increased competition from Apple Inc.#39;s flashy ...
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Earnings: Genworth Financial, Brink’s, Exxon Mobil
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The Henrico County-based insurance giant reported second-quarter earnings of $42 million, or 8 cents a diluted share, compared with a loss in the year-earlier period of $50 million, or 11 cents a share. The 2010 number excludes $35 million of net income attributed to companies in which Genworth has a ...
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Business Briefs for July 30
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The Securities and Exchange Commission announced the settlement with Citigroup yesterday. It said the company repeatedly made misleading statements in calls with analysts and regulatory filings about the extent of its holdings tied to high-risk mortgages. First-time claims for unemployment insurance dropped by 11,000 to a seasonally adjusted 457,000, the ...
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Toyota recalls Avalons for steering-wheel problem
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Toyota is recalling nearly half a million cars, most of them large sedans sold in the U.S., for problems that can cause the steering wheel to lock up. It#39;s the latest indication that the automaker still is struggling with vehicle problems even as it works to overhaul quality control. The ...
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McAuliffe seeks refit of shuttered Franklin paper mill
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Terry McAuliffe could learn next month whether he can pull off his gamble to refit a Southside paper mill as a power plant.
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Adult chats meet iPhone
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It#39;s a maxim of technology: Invent the newest gadget and the porn industry will find a way to cash in.
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Kids and Money: Young people must learn wariness, assertiveness in deal-hunting
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If you believe as I do that shopping is a full-contact sport, then it definitely pays to have your head in the game. That#39;s especially true when retailers are dangling deals to entice you into buying their merchandise. I rest my case on two recent shopping experiences. Neither involved big-ticket ...
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As oil disappears from surface of Gulf, so goes fallback source of income for idled fisher
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NEW ORLEANS (AP) #8212; Even when the oily sheen starts fading from the surface of the Gulf of Mexico, it manages to become bad news for fishermen. pa href="http://feedads.g.doubleclick.net/~a/LX0DbQ6NzkyWfepeW-OO69Bm-ZA/0/da"img src="http://feedads.g.doubleclick.net/~a/LX0DbQ6NzkyWfepeW-OO69Bm-ZA/0/di" border="0" ismap="true"/img/abr/ a href="http://feedads.g.doubleclick.net/~a/LX0DbQ6NzkyWfepeW-OO69Bm-ZA/1/da"img src="http://feedads.g.doubleclick.net/~a/LX0DbQ6NzkyWfepeW-OO69Bm-ZA/1/di" border="0"…
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Portfolio Recovery’s income surges 68%
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Portfolio Recovery Associates Inc., which buys large pools of consumer debt and attempts to collect it, reported a 68 percent jump in second-quarter income, partly from greater productivity among its collectors.
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Mortgage rates still falling
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Fixed mortgage rates fell again to an all-time low last week, according to Freddie Mac.
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As oil disappears from surface of Gulf, so goes fallback source of income for idled fisher
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NEW ORLEANS (AP) #8212; Even when the oily sheen starts fading from the surface of the Gulf of Mexico, it manages to become bad news for fishermen. pa href="http://feedads.g.doubleclick.net/~a/LX0DbQ6NzkyWfepeW-OO69Bm-ZA/0/da"img src="http://feedads.g.doubleclick.net/~a/LX0DbQ6NzkyWfepeW-OO69Bm-ZA/0/di" border="0" ismap="true"/img/abr/ a href="http://feedads.g.doubleclick.net/~a/LX0DbQ6NzkyWfepeW-OO69Bm-ZA/1/da"img src="http://feedads.g.doubleclick.net/~a/LX0DbQ6NzkyWfepeW-OO69Bm-ZA/1/di" border="0"…
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Harris to expand in Harrisonburg, add 100 jobs
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Harris Corp will expand its Harris Cyber Integrated Solutions unit in Harrisonburg, adding 100 jobs, the company said today. Harris employs more than 1,900 people in Virginia, mainly in Lynchburg and in Northern Virginia. quot;We#39;re pleased Harris Corp. has decided to expand in the commonwealth,quot; said Gov. Robert F. McDonnell.
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Riverside contracts with anesthesia company
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A Northern Virginia anesthesia company is taking over anesthesia services at Riverside Regional Medical Center. pa href="http://feedads.g.doubleclick.net/~a/caywuO_3h_qjX6mS8qi3fpwa9Ms/0/da"img src="http://feedads.g.doubleclick.net/~a/caywuO_3h_qjX6mS8qi3fpwa9Ms/0/di" border="0" ismap="true"/img/abr/ a href="http://feedads.g.doubleclick.net/~a/caywuO_3h_qjX6mS8qi3fpwa9Ms/1/da"img src="http://feedads.g.doubleclick.net/~a/caywuO_3h_qjX6mS8qi3fpwa9Ms/1/di" border="0" ismap="true"/img/a/pdiv class="feedflare"…
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TowneBank’s earnings rise almost 9 percent
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TowneBank, helped by a wider net interest margin, reported an 8.7 percent increase in second-quarter net income.
The Portsmouth-based bank earned $6.88 million for the April-through-June period, compared with $6.33 million in the year-earlier quarter. Earnings per common share were unchanged at 16 cents.
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Fed official considers revival of crisis-era program
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A Federal Reserve official says the central bank should buy government debt if the country seems headed toward deflation.
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Volkswagen’s 2nd-quarter profit up strongly at $1.6 billion
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Sales at Volkswagen AG motored ahead in the second quarter, thanks in part to strong demand from China and helping to push earnings sharply higher to amp;euro;1.25 billion ($1.6 billion), the company said Thursday.
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Stocks up on AstraZeneca, Bayer, telecom earns
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European stock markets rose Thursday after another batch of positive earnings and further evidence that Europe#39;s economy is recovering faster than previously expected.
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Initial jobless claims drop to 457,000 but remain elevated
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New jobless claims fell last week for the third time in four weeks but remain elevated.
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Exxon Mobil’s 2nd-quarter earnings more than double
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Exxon Mobil Corp. said Thursday its second quarter income nearly doubled to $7.56 billion as oil prices increased from last year.
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Toyota recalls 412,000 cars in U.S., mostly Avalons
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Toyota is recalling 412,000 passenger cars, mostly the Avalon model, in the U.S. for steering problems in which three accidents have been reported, the automaker said Thursday.
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Stock futures rise on strong global earnings
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Stock futures rose Thursday following further signs that Europe#39;s economy is bouncing back faster than expected.
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Panasonic to buy out Sanyo, Panasonic Electric
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Panasonic is planning to take 100 percent ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works in a move costing up to $9.4 billion to strengthen green businesses such as electric cars and solar panels.
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