Business / Local

S&P boosts City of Norfolk’s outlook; joins Moody’s and Fitch affirming strong bond ratings

Standard & Poor’s Global Ratings (“S&P”) boosted Norfolk’s ratings outlook from stable to positive and joined Fitch Ratings (“Fitch”) and Moody’s Investors Service (“Moody’s”) in affirming the strong credit rating on the City’s existing long-term ratings. S&P highlighted Norfolk’s “strong economy,” its “very strong budgetary flexibility and strong budgetary performance” and “very strong management, with … Continue reading

Education / Virginia

Gov. McAuliffe announces recipients of the Inaugural Governor’s Awards for Excellence and Innovation in Education

 ~ Virginia recognizes outstanding individuals, schools, programs, and partnerships ~ RICHMOND – Governor McAuliffe announced Friday, Oct. 27, the first recipients of the Governor’s Award for Excellence and Innovation in Education. This new initiative recognizes outstanding educators and leaders, schools, divisions, and community partners across five categories: closing the achievement gap, community partnerships and collaboration, innovation in education, … Continue reading

Mike Pence’s brother launches run for Indiana US House seat
National / Politics / U.S. News

Mike Pence’s brother launches run for Indiana US House seat

INDIANAPOLIS (AP) — Greg Pence, one of Mike Pence’s older brothers, launched a campaign Wednesday for the eastern Indiana congressional seat that the vice president and former governor represented for 12 years. A campaign announcement video touts Greg Pence as a Republican who believes in “fiscal responsibility, the sanctity of life” and “our Second Amendment … Continue reading

White House: $4,000 more for families with business tax cuts
Business / Politics / U.S. News

White House: $4,000 more for families with business tax cuts

WASHINGTON (AP) — By slashing corporate tax rates, the Trump administration said Monday, the average U.S. household will get an estimated $4,000 more a year. This stunning 5 percent increase is likely to be met with skepticism from tax experts and Democratic lawmakers. Spread across every U.S. household, the White House analysis claims it would … Continue reading

Brazil crisis deepens with probe of president, top senator
International News

Brazil crisis deepens with probe of president, top senator

RIO DE JANEIRO (AP) — Brazil’s political crisis deepened sharply on Thursday with corruption allegations that threatened to topple the president, undermine reforms aimed at pulling the economy from recession and leave Latin America’s largest nation rudderless. Stocks plunged, both chambers of Congress cancelled sessions and President Michel Temer’s office canceled his planned activities Thursday … Continue reading

Governor hosts luncheon for college journalists
Business / Campus Life / Education / Local / Politics / Virginia

Governor hosts luncheon for college journalists

by Tiana K. Allen On Feb. 1, Virginia Governor Terrance McAuliffe hosted a luncheon, alongside Virginia’s Secretary of Education Dr. Dietra Trent, at Virginia’s Executive Mansion where he spoke with several college newspaper journalists regarding Virginia’s job opportunities, President Trump’s new immigration policy and many other topics. He said that he’s had great success in … Continue reading

US economy the next victim of Trump’s travel ban
Business / Opinion & Editorial / Politics / Virginia

US economy the next victim of Trump’s travel ban

An editorial by Gov. Terry McAuliffe Last week in Washington, I spoke on behalf of all of America’s governors to tell our newly elected president and congressional leadership that we are ready to work with them on an agenda that grows our economy and makes people’s lives better. Four days later, Virginia Attorney General Mark … Continue reading

McAuliffe outlines plan to close $1.2B budget shortfall, includes 5% cut to higher-ed
Business / Politics / Virginia

McAuliffe outlines plan to close $1.2B budget shortfall, includes 5% cut to higher-ed

RICHMOND, Va. (AP) — Virginia would force certain out-of-state online retailers to collect sales taxes, and cut state funding for public universities and colleges by 5 percent to help balance the budget under a proposal outlined Friday, Dec. 16, by Gov. Terry McAuliffe. Recent improvements in Virginia’s economy have brought the budget gap down from … Continue reading

Kenya president meets South Korean president for trade talks
Business / Health / International News / National

Kenya president meets South Korean president for trade talks

NAIROBI, Kenya (AP) — South Korea’s President Park Geun-hye met Kenyan President Uhuru Kenyatta Tuesday and discussed the trade imbalance between the two countries on the second day of her three-day visit to Kenya. Park is in Kenya, East Africa’s largest economy, to improve trade between the two nations which currently favors South Korea. Kenya … Continue reading

Economy focus of S. African nation speech, despite heckling
Africa / International News

Economy focus of S. African nation speech, despite heckling

JOHANNESBURG (AP) — South Africa’s struggling economy was the focus point of the president’s state-of-the-nation address on Thursday Feb. 11, which went ahead despite disruptions and heckling from opposition politicians. President Jacob Zuma outlined various steps to help the economy including plans to increase investment and grow small businesses. Zuma also announced plans to cut … Continue reading

Philippine leader welcomes Japan’s emperor as ties blossom
Asia / Politics

Philippine leader welcomes Japan’s emperor as ties blossom

MANILA, Philippines (AP) — Philippine President Benigno Aquino III gave a red-carpet welcome to Japan’s emperor Wednesday in a sign of blossoming ties between the two nations, both mired in territorial disputes with China, while further moving past painful memories of Japan’s World War II aggression. Aquino and Emperor Akihito held talks at Manila’s Malacanang … Continue reading

Clinton’s mixing of 9/11 and Wall Street raises ire
Business / Celebrities / Politics / U.S. News

Clinton’s mixing of 9/11 and Wall Street raises ire

DES MOINES, Iowa (AP) — Hillary Rodham Clinton defended her campaign contributions from Wall Street by invoking her work to help the financial sector rebuild after the Sept. 11, 2001, attacks, raising eyebrows among her Democratic challengers and Republicans alike. During Saturday’s second Democratic debate, Clinton was put on the defensive by rival Vermont Sen. … Continue reading

Bomb may have downed Russian jet, US, UK officials say
Business / International News / U.S. News

Bomb may have downed Russian jet, US, UK officials say

LONDON (AP) — British and U.S. officials said Wednesday they have information suggesting the Russian jetliner that crashed in the Egyptian desert may have been brought down by a bomb, and Britain said it was suspending flights to and from the Sinai Peninsula as a precaution. Intercepted communications played a role in the tentative conclusion … Continue reading