Latest Virginia News

Richmond Mayor Stoney drops Virginia governor bid, he will run for lieutenant governor instead

Apr. 23, 2024 09:20 AM EDT

RICHMOND, Va. (AP) — Democratic Richmond Mayor Levar Stoney announced Tuesday that he is dropping his bid for Virginia governor in 2025 and will instead run for lieutenant governor. “After careful consideration with my family, I believe that the best way to ensure that all...

NVR: Q1 Earnings Snapshot

Apr. 23, 2024 09:10 AM EDT

RESTON, Va. (AP) — RESTON, Va. (AP) — NVR Inc. (NVR) on Tuesday reported first-quarter profit of $394.3 million. On a per-share basis, the Reston, Virginia-based company said it had net income of $116.41. The results topped Wall Street expectations. The average...

RTX: Q1 Earnings Snapshot

Apr. 23, 2024 07:16 AM EDT

ARLINGTON, Va. (AP) — ARLINGTON, Va. (AP) — RTX Corporation (RTX) on Tuesday reported first-quarter profit of $1.71 billion. On a per-share basis, the Arlington, Virginia-based company said it had net income of $1.28. Earnings, adjusted for one-time gains and costs, were $1.34...

Atlantic Union: Q1 Earnings Snapshot

Apr. 23, 2024 06:44 AM EDT

GLEN ALLEN, Va. (AP) — GLEN ALLEN, Va. (AP) — Atlantic Union Bankshares Corporation (AUB) on Tuesday reported first-quarter earnings of $49.8 million. The bank, based in Glen Allen, Virginia, said it had earnings of 62 cents per share. Earnings, adjusted for non-recurring costs,...

Trial opens for former Virginia hospital medical director accused of sexual abuse of ex-patients

Apr. 22, 2024 21:12 PM EDT

NEW KENT, Va. (AP) — The former longtime medical director of a Virginia hospital that serves vulnerable children used physical examinations as a “ruse” to sexually abuse two teenage patients, a prosecutor said Monday, while the physician's attorney “adamantly” denied any inappropriate...

Biden marks Earth Day by going after GOP, announcing $7 billion in federal solar power grants

Apr. 22, 2024 17:52 PM EDT

TRIANGLE, Virginia (AP) — President Joe Biden marked Earth Day by announcing $7 billion in federal grants for residential solar projects serving 900,000-plus households in low- and middle-income communities — while criticizing Republicans who want to gut his policies to address climate change....

Dynex Capital: Q1 Earnings Snapshot

Apr. 22, 2024 08:12 AM EDT

GLEN ALLEN, Va. (AP) — GLEN ALLEN, Va. (AP) — Dynex Capital Inc. (DX) on Monday reported earnings of $40.1 million in its first quarter. On a per-share basis, the Glen Allen, Virginia-based company said it had profit of 64 cents. Losses, adjusted for non-recurring gains, came to...

Proposal would assure schools that go all in to help NCAA investigations avoid postseason ban

Apr. 18, 2024 23:06 PM EDT

INDIANAPOLIS (AP) — Schools facing NCAA infractions cases could ensure they avoid postseason bans if they show “exemplary cooperation” with investigators under a proposal before the NCAA Division I Council. The NCAA announced Thursday the proposal would define “exemplary...

Virginia school bus hits DMV building, injures driver and two students, officials say

Apr. 18, 2024 17:01 PM EDT

FAIRFAX, Va. (AP) — A school bus struck a Virginia Department of Motor Vehicles building Thursday morning after swerving to avoid hitting a car, injuring two students and the bus driver, officials said. The Fairfax County Fire and Rescue Department said in a social media post that...

Virginia law allows the state’s colleges and universities to directly pay athletes through NIL deals

Apr. 18, 2024 16:30 PM EDT

RICHMOND, Va. (AP) — Virginia Gov. Glenn Youngkin signed measure into law Thursday that allows state colleges and universities to directly pay their athletes through name, image and likeness compensation deals, a measure believed to be the first of its kind. The law, which takes...