State Virginia Financial News

A Tennessee-based sanitation company is agreeing to pay more than half a million dollars after a federal investigation found it illegally hired children to clean dangerous meat processing facilities

A federal appeals court has upheld a 2021 ruling that NBA star Zion Williamson’s contract with a marketing agent was void because the agent was not licensed in North Carolina when the two entered an agreement in 2019

protesters who refused to remove tents from campus, and demonstrators at the University of Michigan chanted anti-war messages and waved flags during commencement ceremonies. In Virginia, student demonstrators began their protest on a lawn outside the school chapel Tuesday. On Saturday, video from WVAW-TV showed police wearing heavy gear and holding shields lined up on the campus in Charlottesville. Protesters chanted «Free Palestine,» and university police said on the social platform X that an «unlawful assembly» had been declared in the area. As police moved in, students were pushed to the ground, pulled by their arms and sprayed with a chemical irritant, Laura Goldblatt, an assistant professor of English and global studies who has been helping student demonstrators, told The Washington Post.

The judge presiding over the trial of a military contractor accused of contributing to detainees' mistreatment at the Abu Ghraib prison in Iraq two decades ago is speculating that the jury may not be able to reach a verdict

New York City police officers began entering the Columbia University late Tuesday as dozens of pro-Palestinian protesters remained on the campus. Shortly before officers entered the campus, the New York Police Department received a notice from Columbia authorising officers to take action, a law enforcement official told The Associated Press. The official was not authorised to discuss details of the matter publicly and spoke on condition of anonymity. After entering the campus, a contingent of police officers approached Hamilton Hall, the administration building that students began occupying in the morning.

A judge ordered jurors Friday to keep deliberating after they said they were deadlocked in a lawsuit alleging a Virginia-based military contractor is liable for abuses suffered by inmates at the Abu Ghraib prion in Iraq two decades ago

earnings growth is looking stronger at nearly the halfway mark of the reporting period, with corporate results giving a boost to stocks this week after recent weakness. S&P 500 year-over-year earnings growth for the first quarter of 2024 is now seen at 5.6%, according to LSEG data on Friday. That is up from 4.3% the day before.

The Connecticut Senate has passed one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harm

American Intelligence Journal, Virginia Kent of the State Department and Robert Gay of the National Intelligence University in Maryland wrote of a “bloodless coup" by Chinese money-handling organisations, noting how, in recent years, they have largely displaced home-grown ones in Mexico that were previously used for this purpose. The authors (expressing their personal views) called these Chinese operators “a new and more challenging money-laundering foe". The American government has been sounding the alarm.

A civilian interrogator who worked 20 years ago at the infamous Abu Ghraib prison in Iraq told jurors in Virginia that he never abused detainees and was actually promoted for doing a good job

The Sheetz convenience store chain has been hit with a lawsuit by federal officials who allege the company discriminated against minority job applicants

Steward Partners, an employee-owned financial services firm, has made a sizable addition to its book of business by welcoming two new teams. On Thursday, the hybrid announced its acquisition of Monaco Capital and Saling Simms, adding $488 million in client assets.

India has opened up its market to the American farming industry in as many as 12 different categories, a top Biden administration trade official told lawmakers on Wednesday as some influential senators raised the issue of wheat and rice subsidies in India and alleged forced labour in the country's shrimp industry. US Trade Representative (USTR) Katherine Tie, responding to a series of questions from the senators during a congressional hearing on trade convened by the US Finance Committee, defended the Biden administration's actions. «We are opening markets for hard-working American families and communities, especially our rural communities. Through negotiations, our administration has secured over USD 21 billion in new agricultural market access in the last three years,» she said. «For example, after the US and India terminated seven WTO disputes, India agreed to remove retaliatory tariffs on several US products. This means improved access for chickpeas, lentils, almonds, walnuts and apples, benefiting farmers across our country, including in Michigan, Oregon, California and Washington,» Tie said.

An Army general who investigated the abuse of prisoners 20 years ago at Iraq’s infamous Abu Ghraib prison has testified that a civilian contractor instructed prison guards to “soften up” detainees for interrogations

A civilian contractor sent to work as an interrogator at Iraq’s infamous Abu Ghraib prison resigned within two weeks of his arrival and told his corporate bosses that mistreatment of detainees was likely to continue

Apella Wealth, a wealth management provider for individuals, families, and businesses, has just expanded its East Coast footprint in a big way. The Connecticut-based RIA announced that it has snapped up ClearLogic Financial, a Reston, Virginia-based advisory firm.

Employbridge’s Joanie Bily explains what the March jobs report says about the state of the U.S. economy on 'Making Money.'

India opened up its market for several US products which have benefitted American farmers, a top Biden administration official told lawmakers on Tuesday. The steps taken by India have given more market access for turkey, duck, blueberries, and cranberries benefiting farmers from several American states, US Trade Representative Katherine Tai told members of the House Committee on Ways and Means on President Biden's 2024 Trade Policy Agenda. «Last June, India and the United States terminated six WTO disputes, and India agreed to remove retaliatory tariffs on several US products,» Tai said. «This means improved access for chickpeas, lentils, almonds, walnuts, and apples benefiting farmers across the country, including in Michigan, Oregon, and Washington,» she said.

Big technology companies are cutting back on office space across major coastal cities, leaving some exposed landlords with empty buildings and steep losses. The pullback marks a sharp reversal after years when companies such as Amazon.com, Meta Platforms’ Facebook and Google parent Alphabet had been bolstering their office footprints by adding millions of square feet of space. Their expansion continued even after the pandemic erupted and many employees started working remotely.

While the advisory industry must contend with a “human capital crisis,” some advisors are stepping up to the plate to try to fix the problem.

On this Tax Day, refunds are looking a bit bigger for taxpayers