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A rally for Apple leads Wall Street higher
Wall Street rose Wednesday with Apple jumping 6% ahead of a White House event. Strong earnings from McDonald's and Shopify helped lift stocks.
Wall Street hangs near records highs with most of the focus on earnings, dealmaking
NEW YORK (AP) — Wall Street is drifting on Friday toward the finish of its third winning week in the last four, as more big U.S. companies deliver stronger profits for the spring than analysts expected. The S&P 500 slipped 0.1% in afternoon trading after setting its all-time high the day before. The Dow Jones Industrial […]
Wall Street ticks toward a record as PepsiCo and tech stocks rally
EW YORK (AP) — Wall Street is ticking toward a record on Thursday following some better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. The S&P 500 was up 0.5% in afternoon trading and on track to top its all-time high set a week ago. The Dow Jones […]
More warning signs emerge for US travel industry as summer nears
Expedia cites reduced U.S. travel demand for its weak Q1 revenue, as consumer confidence dips and tourism from Canada and abroad continues to decline.
Homes.com retains No. 2 ranking among US real estate portals
Homes.com averaged 104M monthly visitors in Q1 2025, ranking No. 2 among U.S. real estate portals, according to CoStar Group’s latest earnings call.
Strategy reports $4.2B Q1 loss
Strategy, formerly MicroStrategy, posted a $4.2B Q1 loss but now holds 553,555 bitcoins worth $51.55, continuing its aggressive crypto strategy.
Atlantic Union: Q1 Earnings Snapshot
Atlantic Union Bankshares Corporation (AUB) reported first-quarter profit of $49.8 million.
Bassett reports Q3 loss, with performance hurt by cyberattack
Bassett Furniture reported $75.6 million in consolidated third quarter sales, a 13.3% decline from last year and a 9% drop from last quarter. It also recorded an operating loss of $6.4 million, its fifth consecutive loss. The overall loss included a $1.2 million loss on a logistical services contract the company chose to abandon to […]
Leidos names first chief AI officer
Leidos has named Ron Keesing its first chief AI officer, the Reston Fortune 500 contractor announced Tuesday. Keesing, who joined Leidos in 2004, has more than two decades of experience in artificial intelligence, machine learning and advanced analytics. His roles have included serving as founding director of the Leidos AI Accelerator and as senior vice […]
MicroStrategy CEO Michael Saylor to step down, become exec chair
Amid mounting losses from its multibillion-dollar bitcoin investments, MicroStrategy Inc. CEO and founder Michael Saylor is stepping down from his current role and will take on the position of executive chairman, the Tysons-based technology company announced Tuesday. The move is effective Aug. 8. MicroStrategy President Phong Le will also become the company’s new CEO, as […]
Report: Half of SWVA households earned less than basic living cost in 2018
More than 50% of Southwest Virginia households in 2018 lived in poverty or earned less than the basic cost of living, according to a report released Thursday by the United Ways of Virginia. Using the “ALICE” acronym — asset-limited, income-constrained and employed — the United Ways of Virginia reported that 51% of Southwest households were […]
Labor market continues recovery in mid-October
Despite ongoing pandemic struggles, the labor market continued to improve during the week ending Oct. 17, but at a slower pace than at the start of the recovery, according to Virginia Commonwealth University and Arizona State University economists. Early October saw 68.4% of working age adults employed, a more than 8% increase compared with April, […]
