BONN, Germany (AP) — The Latest on a global climate conference in Bonn, Germany (all times local): 7:35 p.m. U.N. Secretary-General Antonio Guterres says he will urge leaders at climate talks in Bonn to respond to the latest alarming data by further cutting emissions, helping countries respond to climate shocks, and mobilizing the $100 billion … Continue reading
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
~ 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
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
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
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
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
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
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
LONDON (AP) — Stock rose and the dollar fell on Friday after a key report showed the U.S. economy added slightly fewer jobs than expected in August, making it potentially less likely that the Federal Reserve will raise interest rates already this month. KEEPING SCORE: Britain’s FTSE 100 was up 0.8 percent at 6,802 while … Continue reading
TUNIS, Tunisia (AP) — Tunisian authorities say three people have been killed in clash near the Algerian border between security forces and extremists suspected of plotting an attack. A 16-year-old civilian boy was killed by the extremists, and two suspected jihadis were killed by police and army forces in the “preventive” operation in the Kasserine … Continue reading
WASHINGTON (AP) — THE ISSUE: The rich keep getting richer while more Americans are getting left behind financially. Income inequality has surged near levels last seen before the Great Depression. The average income for the top 1 percent of households climbed 7.7 percent last year to $1.36 million, according to tax data tracked by Emmanuel … Continue reading
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
NEW YORK (AP) — U.S. stocks are slipping Thursday afternoon following reports of slower economic growth in the U.S. and mixed earnings reports. The U.S. government said the economy didn’t grow as much as expected in the first three months of this year. Facebook reached an all-time high after a strong quarterly report, and … Continue reading
RICHMOND, Va. (AP) — Virginia will become home to Deschutes Brewery’s East Coast operations after beating out North and South Carolina for the coveted facility that’s expected to create more than 100 new jobs, Gov. Terry McAuliffe said Tuesday. Oregon-based Deschutes will invest $85 million to build a facility in Roanoke, joining nearly 150 other … Continue reading
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
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
By Mahogany Waldon On Tuesday, Jan. 12, President Barack Obama gave his final State of the Union Address. Since coming into office in 2009, President Obama has been the face of change for the United States. His address reflected on the progress of the nation under his administration and spoke to the hopes for the … Continue reading
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
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
NORFOLK, Va. (AP) — After years of financial woes, the Port of Virginia is finally back in the black and wants the state to help it grow. When the General Assembly returns to Richmond this winter, port officials will lobby lawmakers for $350 million in upgrades to enable one of its terminals to handle more … Continue reading
HONG KONG (AP) — Japanese stocks rose Wednesday as investors bet on another shot of stimulus from the country’s central bank while other Asian benchmarks slipped ahead of U.S. growth figures and the Fed’s latest policy decision. KEEPING SCORE: Japan’s benchmark Nikkei 225 rose 0.6 percent to 18,884.33 while South Korea’s Kospi slipped 0.4 percent … Continue reading
PORT-AU-PRINCE, Haiti (AP) — A young man stands on a busy street corner in the Haitian capital wearing the campaign logo of one presidential candidate on his sweat-soaked T-shirt, the name of another emblazoned on his sunglasses while he passes out flyers on behalf of a third. Jeanty Masier makes no pretense of actually caring … Continue reading
BUENOS AIRES, Argentina (AP) — The corruption allegations against several top government officials are stunning: The convicted killer of three men alleges that the Cabinet chief ordered the hit, the vice president is being tried for bribery and authorities are investigating a possible money laundering scheme at a luxury hotel owned by President Cristina Fernandez. … Continue reading
NEW YORK (AP) — Stocks ended mostly lower after a volatile day as traders tried to figure out what was next for U.S. interest rates. The bumpy trading Thursday came after the Federal Reserve decided to keep interest rates low for now, citing weakness in the global economy and unsettled financial markets. Investors did make … Continue reading
Spartan Echo 