Virginia's unemployment rate jumped in October for the third consecutive month
Welk Resorts representatives speak with job seekers during an Orange County Choice Career Fair in Santa Ana, Calif. (Troy Harvey/Bloomberg) Virginia’s unemployment rate jumped from 4 percent to 4.2 percent in October, the third month in a row the measure has risen, according to government data released Friday morning. Economists say an increase in the ranks of the unemployed is probably due to an influx of workers into the labor market, and not to any underlying weakness in hiring. The size..>> view originalFacebook, Inc. to Buy Back $6 Billion of Its Own Shares: Everything You Need to Know
In a surprise announcement on Friday, Facebook (NASDAQ:FB) said it plans to buy back $6 billion worth of its own stock. Further, in a separate filing with the Securities and Exchange Commission, the social network also announced its chief accounting officer is stepping down. Here's a closer look at these announcements, and what they mean for investors. Facebook CEO Mark Zuckerberg. Image source: Facebook. Facebook's $6 billion repurchase program Facebook's board of directors has "authorized th..>> view originalHyperloop One settles 'Gang of Four' lawsuit
Is Hyperloop travel really the next big thing in tech, or just hot air talk? Jefferson Graham weighs in with members of the #TalkingTech roundtable podcast, for this new concept in super high-speed travel. Video by Robert HanashiroNORTH LAS VEGAS, NV - MAY 11: (L-R) Hyperloop One Co-Founder & Executive Chairman Shervin Pishevar, Hyperloop One Chief Executive Officer Rob Lloyd and Co-Founder & Chief Technology Officer Brogan BamBrogan speak during the first test of the propulsion system..>> view originalFord Move, Cited as Victory by Trump, Has No Effect on US Jobs
Photo A worker inspecting a Ford Escape frame in April at a Ford plant in Louisville, Ky. The plant employs about 4,500 hourly workers. Credit Luke Sharrett/Bloomberg Judging from a couple of Twitter messages by President-elect Donald J. Trump, he had scored a hard-won victory for American autoworkers by persuading Ford Motor to keep a Lincoln plant in Louisville, Ky., rather than move it to Mexico.The reality proved less straightforward.Ford had never said it was movin..>> view originalFixation on Fake News Overshadows Waning Trust in Real Reporting
During the months I spent talking to partisan Facebook page operators for a magazine article this year, it became clear that while the ecosystem contained easily identifiable and intentional fabrication, it contained much, much more of something else. I recall a conversation with a fact checker about how to describe a story, posted on a pro-Trump website and promoted on a pro-Trump Facebook page — and, incidentally, copied from another pro-Trump site by overseas contractors. It tried to cast su..>> view originalTrump agrees to $25 million settlement in Trump University fraud cases
"My job was to sell, sell sell," says former Trump University instructor James Harris, who explains the inner workings of the company, detailing high pressure sales tactics and the battle for profit. (Dalton Bennett/The Washington Post) President-elect Donald Trump, who has repeatedly bragged that he never settles lawsuits despite a long history of doing so, has agreed to a $25 million settlement to end the fraud cases pending against his defunct real estate seminar program, Trump Univers..>> view originalTrump supporters launch #TrumpCup as a protest against Starbucks
Story highlights#TrumpCup calls on supporters to ask for their drink under Trump's nameProtest comes after a Miami man claims to have been refused service After a viral video showing a Trump supporter yelling at a barista gained traction on Wednesday, other supporters have banded together to protest what they view as political and anti-white discrimination.The man in the video told the Miami Herald that he was racially discriminated against and that the barista wouldn't serve him because she kne..>> view originalEating out for Thanksgiving? Here's where some places are doing all the cooking - Pittsburgh Post
Not in the mood to cook long hours or clean up after the grand old feast, but instead would prefer someone else do it? Then head out on Thanksgiving Day to one of these restaurants that will dole out turkey and all the fixings in prix fixe or buffet styles. Prix fixe menus and special meals Atria’s (various locations) will feature a $25.99 prix fixe meal from 11 a.m. to 9 p.m. that includes a choice of wedding soup, sherry crab or butternut squash bisque, or holiday salad of mixed greens with a..>> view originalDread holiday flights? Airlines work to appease 'hangry' travelers
Dreading flying over the holidays, or really anytime? Airlines know it, and are trying to make the journey more bearable, with everything from quicker security screening at the airport to flights that more reliably show up on time — and when they don't, snacks to soothe "hangry" fliers.But it may take a while for the efforts to convince travelers like Linda Landrum. The 63-year-old Chicago resident isn't looking forward to braving the airport crowds on Tuesday with two frozen pies in her carry-..>> view originalBanking Regulator Imposes New Restrictions on Wells Fargo
WASHINGTON—The federal government has put Wells Fargo & Co. on a much tighter leash, requiring the firm’s banking unit to seek approval before making a wide range of business decisions, after a regulator revoked key portions of a two-month-old settlement in the company’s sales scandal. The announcement late Friday caught Wells Fargo executives by surprise and injects regulators far deeper into the bank’s operations. The bank is now banned from offering departing executives “golden parachute” pa..>> view original
Tuesday, January 17, 2017
Virginia's unemployment rate jumped in October for the third consecutive month and other top stories.
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