Business / Virginia

Virginia unemployment rate drops to 3.7%

~ Virginia’s unemployment rate ranks 2nd lowest among major U.S. states  ~ – Virginia labor force expands to record high 4,340,369 – – Initial unemployment claims hit 43 year low – RICHMOND – Governor Terry McAuliffe announced Friday, Oct. 20, that Virginia’s seasonally adjusted unemployment rate was down 0.1 percentage point in September to 3.7 percent after … Continue reading

Suffolk man wants to open malt house for craft breweries
Art / Education / Health / Science / Virginia

Suffolk man wants to open malt house for craft breweries

Keith Foster wants to play middle man in Hampton Roads’ growing craft beer scene. He’s planning to open a malt house sometime next year and has aspirations of processing locally grown, quality grains to sell to local breweries. But are folks at either end of the supply chain interested? It may take some convincing. Foster, … Continue reading

Japanese stocks rise
Business

Japanese stocks rise

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

Nike surged 7 percent
Business

Nike surged 7 percent

NEW YORK (AP) — U.S. stocks are opening solidly higher after a three-day slump. Nike surged 7 percent early Friday, the most in the Standard & Poor’s 500, after its results easily beat analysts’ estimates. The Dow Jones industrial average climbed 174 points, or 1.1 percent, to 16,376 as of 9:35 a.m. Eastern time Friday. … Continue reading