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Wall Street coasts toward the finish of its best week in the last 5
NEW YORK (AP) — Wall Street is coasting toward the finish of its best week in the last five on Friday as U.S. stocks hang near their record levels. The S&P 500 was mostly unchanged from the all-time high it set the day before. The Dow Jones Industrial Average was down 204 points, or 0.4%, as […]
Trump administration requests emergency ruling to remove Cook from Fed board
WASHINGTON (AP) — The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve‘s board of governors by Monday, before the central bank‘s next vote on interest rates. The request represents an extraordinary effort by the White House to shape the board before the Fed’s interest rate-setting committee meets next Tuesday and […]
Youngkin, Senate Dems continue fight over university boards
Virginia State Senate Democratic leaders are calling for George Mason University's rector to recuse himself or resign.
Google hit with $3.5 billion fine from European Union in ad-tech antitrust case
EU slaps Google with $3.5B ad services fine; company calls ruling unfair.
Justice Department probes mortgage fraud claims against Lisa Cook of Federal Reserve, AP source says
The DOJ issued subpoenas in a mortgage fraud probe tied to Fed Governor Lisa Cook, who faces a Trump push to remove her from the board.
Hitachi Energy to invest $457M in Virginia expansion
Hitachi Energy announced Thursday it will invest $1 billion to expand its U.S. grid infrastructure manufacturing, with roughly half of that investment going into Virginia, where it plans to add 825 jobs. The electrical equipment manufacturer will invest $457 million to build the nation’s largest manufacturing site for large power transformers in South Boston, Hitachi […]
Trump administration withdraws $39.27M for Norfolk offshore wind project
The Trump administration withdrew $39.27 million in federal funding that had been awarded for an offshore wind logistics port in Norfolk.
GMU board says it wants to negotiate with DOE
George Mason University wishes to negotiate with the U.S. Department of Education over its finding that GMU violated civil rights law.
GMU president’s lawyer calls DOE findings ‘legal fiction’
George Mason University President Gregory Washington's attorney advised that Washington should not apologize.
US government halts nearly complete offshore wind farm. Is Virginia’s next?
The Trump administration last week halted construction on a nearly complete wind farm off the coast of Rhode Island and Connecticut.
U.S. Department of Education finds GMU violated civil rights law
George Mason University has been found in violation of civil rights law, the U.S. Department of Education announced Friday.
Jefferson Lab seeks voluntary 7% workforce reduction
Jefferson Lab Director Jens Dilling confirmed Thursday that the lab wants 7% of its workforce to agree to resign by the end of August.
