October 08, 2008 8:26 AM
Roundup: The Federal Reserve ordered an emergency interest rate cut Wednesday morning in coordination with other global central banking authorities; Gateway Financial Holdings to recoup some Freddie, Fannie losses through federal tax benefits
October 07, 2008 5:02 PM
The Federal Reserve’s move to loosen credit markets Tuesday failed to assuage investors, as the Dow Jones Industrial Average plummeted another 500 points to a five-year low. Virginia stocks also fell.
October 07, 2008 2:08 PM
The Virginia State Corporation Commission approved Virginia’s portion of a controversial power line on Tuesday, ruling it is needed to provide reliable electric service.
October 07, 2008 9:26 AM
Roundup: Surpeme Court hears Philip Morris case; Mars acquires Wrigley; HREDA president selected
October 07, 2008 8:15 AM
About 8,000 people in Virginia who took out risky mortgages through Countrywide Financial are eligible for cheaper, renegotiated loans.
October 06, 2008 4:49 PM
Wall Street turmoil continued Monday as the Dow Jones Industrial Average fell below 10,000 points for the first time in four years. Virginia stocks also took a hit.
October 06, 2008 10:48 AM
Shortly after 10:30 a.m., the Dow was trading at 9,918.70, down 406.60, or 3.8 percent
October 06, 2008 9:06 AM
Roundup: The battle between Citigroup and Wells Fargo continues, and a federal judge’s decision on Sunday helps Wells Fargo’s case; Suffolk landowner sells 79 properties to developers
October 03, 2008 2:03 PM
House of Representatives approves revised bailout plan
Comments (1)
October 03, 2008 10:13 AM
Wells Fargo & Co. has a reached a deal to buy all of Wachovia Corp. for $15.1 billion, just four days after Citigroup Inc. had announced it would buy Wachovia’s banking assets.
