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Home>By STAN CHOE AP Business Writer

By STAN CHOE AP Business Writer

Recent Articles from By STAN CHOE AP Business Writer

Wall Street glides to the end of its best month since 2023
Money May 30, 2025

Wall Street glides to the end of its best month since 2023

Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports from Gap, Ulta Beauty and other companies.

Wall Street drifts as the countdown ticks toward Nvidia’s earnings report
Money May 28, 2025

Wall Street drifts as the countdown ticks toward Nvidia’s earnings report

NEW YORK (AP) — U.S. stocks are drifting on Wednesday, a day after leaping back within a few good days’ worth of gains from their all-time high. The S&P 500 was down 0.1% in afternoon trading after flipping from an early, modest gain. It’s still within 4% of its record after charging higher amid hopes that the […]

Wall Street rallies as its roller-coaster ride whips back upward after Trump pauses more tariffs
Money May 27, 2025

Wall Street rallies as its roller-coaster ride whips back upward after Trump pauses more tariffs

Wall Street rallies after Trump postpones 50% tariffs on EU goods. S&P 500 up 1.6%, Dow adds 529 points, Nasdaq up 2%.

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Money May 23, 2025

Stocks fall as Trump threatens EU tariffs

U.S. stocks tumble after Trump threatens 50% EU tariffs and targets Apple with new trade demands, shaking global markets and investor confidence.

US stocks drift lower as mixed profit reports from retailers and higher Treasury yields weigh
Money May 21, 2025

US stocks drift lower as mixed profit reports from retailers and higher Treasury yields weigh

Wall Street futures fell after Target’s weak forecast and rising oil prices fueled by reports of possible Israeli action against Iranian nuclear sites.

US stocks drift as S&P 500 flirts with its first drop in 7 days
Money May 20, 2025

US stocks drift as S&P 500 flirts with its first drop in 7 days

U.S. stocks slipped as Wall Street rally loses steam. Travel stocks fell, quantum tech soared, and tariff, debt fears continue to pressure markets.

US stocks drift as Wall Street heads for the finish of a big winning week
Money May 16, 2025

US stocks drift as Wall Street heads for the finish of a big winning week

U.S. stocks edge higher as Wall Street wraps up a strong week, lifted by easing inflation and a tariff truce between the U.S. and China.

Boeing, trying to emerge from one of company’s most difficult eras, is having a pretty good week
Around The Nation May 15, 2025

Boeing, trying to emerge from one of company’s most difficult eras, is having a pretty good week

Boeing secures a $96 billion jet order from Qatar and a major deal with Saudi Arabia as Trump visits the Middle East. Boeing stock hits yearly high.

Wall Street drifts as it waits for a highly anticipated US-China meeting on trade
Money May 9, 2025

Wall Street drifts as it waits for a highly anticipated US-China meeting on trade

U.S. stocks drift as Wall Street eyes U.S.-China trade talks in Switzerland. Lyft, TSMC, and Insulet rally while Expedia and Sweetgreen fall.

Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production
Money May 8, 2025

Wall Street rises with hopes for trade deals that could forestall a recession

U.S. stocks rose after Trump announced a UK trade deal, easing recession fears and pushing the S&P 500 closer to record highs amid strong earnings.

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Top Stories

Newport News Shipbuilding hits milestone with dual Ford-class carrier builds

Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five [...]

Nightingale Ice Cream Sandwiches co-founder, CEO and President Hannah Pollack

Nightingale ice cream expansion to add 166 jobs

Nightingale Ice Cream Sandwiches is investing $5.8 million to move to a new facility in Richmond and[...]

A photo of a Leidos sign and a glass covered building.

Leidos acquires Chantilly AI tech biz for $300M

Reston-based federal contractor Leidos announced Wednesday it has acquired Kudu Dynamics, a business[...]

The former Best Products property in Henrico County. Photo courtesy Henrico County

Henrico issues new RFI for arena project

Following the collapse of the $2.3 billion GreenCity project in March, Henrico County on Tuesday rel[...]

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Booz Allen CEO says 7% of employees to be laid off

McLean-based Fortune 500 management consulting business Booz Allen Hamilton will lay off 7% of its 3[...]

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House GOP passes Trump tax bill despite deficit fears

House Republicans push through Trump’s tax bill after all-night session, despite CBO warning it co[...]

People

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

BWX Technologies has appointed Gonzalo Cajade as its new chief human resources officer. Photo courtesy BWX Technologies

Lynchburg-based BWXT taps new CHRO

29/5/2025

The Charlottesville Regional Chamber of Commerce has promoted Andrea Copeland to president and permanent CEO. Photo courtesy Charlottesville Regional Chamber of Commerce

Charlottesville Chamber announces new president and CEO

28/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia and the nation

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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