October 10, 2008 9:39 AM
Roundup: Citigroup announced it would end its bid for Wachovia, paving the way for Wells Fargo to purchase all of Wachovia for $15 billion; Jenmar to create 50 new jobs in Giles County; U.S. government considers bank investments
October 09, 2008 4:48 PM
The Dow Jones Industrial Average plunged 679 points in late-afternoon trading as the U.S. Treasury’s proposal to invest in bank assets failed to soothe investors. Virginia stocks plummeted as well.
October 09, 2008 9:32 AM
Roundup: Prince William County officials are considering a new land-use design for the county, creating 25 walkable communities based around mass transit; Virginia housing officials are meeting to decide how to spend $46 million in federal aid to slow foreclosures
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