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U.S. unemployment hits 10 percent for first time since 1983

AP Photo/Paul Sancya

In this Nov. 4 photo, Sonja Jackson, of Detroit, holds a Employment Guide standing in line while attending a job fair in Livonia, Mich. The unemployment rate has surpassed...

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NRC’s decision on B&W incident could take 4-6 weeks

It could take more than a month for federal regulators to decide whether to take action against Babcock & Wilcox for possible violations, officials said Friday.

Salmonella victims upset no prosecutions yet against Peanut Corp. of America

At the height of the nationwide salmonella outbreak nearly a year ago, FBI agents raided two peanut plants and carried away boxes of evidence. FDA inspectors found roaches, mold and a leaky roof. Then, Congress revealed e-mails from the peanut company’s top executive that seemed to suggest the pursuit of profits over ensuring public safety.

Judge denies halt enforcement on new tobacco rules

A federal judge has turned down a request by the nation’s No. 2 cigarette-maker and others to immediately halt enforcement of new federal regulations on tobacco products.

NRC to discuss apparent Babcock & Wilcox violations today

Today federal regulators will meet with Babcock & Wilcox Company officials to discuss “apparent violations” surrounding an event at the company’s Mt. Athos facility in July.

U.S. unemployment hits 10 percent for first time since 1983

Nearly 16 million people can’t find jobs even though the worst recession since the Great Depression has apparently ended.

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News from Virginia Business
Rosetta Stone's revenue rises

Third-quarter figure was up 12 percent

Report says commercial real estate will hit bottom in 2010

Expect painful write downs and golden buying opportunities

Star Scientific plans to introduce a new product

Nutraceutical designed to minimize nicotine cravings

Kaine to teach at University of Richmond

He will teach a leadership class in the spring semester and a law class during the fall.

Markel Corp. net income rises

Specialty insurance underwriter Markel Corp. reported a $59.1 million profit for the third quarter, boosted by improvements in its investment portfolio and a mild hurricane season.

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