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Newport News shipbuilders to consider labor contract
October 27, 2008 9:51 AM
Shipbuilders will vote Wednesday on a proposed labor contract with Northrop Grumman Shipbuilding, according to The Virginian-Pilot.

Virginia stocks fall slightly
October 24, 2008 2:30 PM
Most major Virginia stocks were down slightly Friday as U.S. markets fall amid widespread fears of a global recession.

AREVA, Northrop Grumman partnership to create 540 jobs in Newport News
October 23, 2008 4:15 PM
Nuclear energy leader AREVA and Northrop Grumman Shipbuilding plan to join forces to create a new $364 million venture in Newport News.

Altria beats analysts’ expectations
October 23, 2008 9:50 AM
Altria reported $867 million net income, compared with $2.63 billion during the same quarter last year. Altria spun off Philip Morris International last year.

Sallie Mae narrows loss
October 23, 2008 9:48 AM
Reston-based student loan lender Sallie Mae narrowed its third quarter loss to $159 million, compared with $344 million last year.

Obama addresses business issues at Richmond rally
October 22, 2008 5:29 PM
Presidential candidate speaks before 13,000 in Richmond

Dow and Virginia stocks tumble on recession fears
October 22, 2008 5:01 PM
The Dow Jones Industrial Average fell another 560 points on Wednesday amid weak corporate forecasts and falling commodity prices that increased recession fears. Virginia stocks had another tough day, too.

General Dynamics reports 16 percent profit increase
October 22, 2008 9:19 AM
Falls Church defense contractor General Dynamics reported its third-quarter earnings increased 16 percent because of sales in its shipbuilding and information technology segments.

Virginia economy continues to weaken
October 22, 2008 9:18 AM
Virginia’s economy continues to look weak, according to a report by the Federal Reserve Bank of Richmond.

NVR’s quarterly profit drops 60 percent
October 21, 2008 10:10 AM
Homebuilder NVR Inc. reported a 60 percent drop in profit for its third quarter amid the housing turmoil.