The holding company of First National Bank of Altavista, Pinnacle Banskshares, has declared a regular quarterly cash dividend of 15 cents per share.

Move over Toyota Prius. Some of the biggest delivery companies are jumping on the hybrid bandwagon.

The Babcock & Wilcox Company on Thursday announced it has received a contract for U.S. defense projects worth more than $230 million.

ATLANTA (AP) - Delta Air Lines Inc. will scale back international growth plans in the coming months and is prepared to cut more domestic capacity if needed.

PARIS (AP) - French energy company Electricite de France SA said Wednesday it is dropping its bid for Constellation Energy Group Inc., a major U.S. power wholesaler, because of the global credit crisis.

Passenger traffic is continuing to shoot upward at the Lynchburg Regional Airport in response to lower fares.

WASHINGTON (AP) - With any luck, the government’s quarter-trillion dollar cash infusion in banks will get them lending again, but the radical move won’t quickly turn around the tottering economy.

President Bush on Tuesday announced a $250 billion plan by the government to directly buy shares in the nation’s leading banks, saying the drastic steps were “not intended to take over the free market but to preserve it.“

Feeling nickel-and-dimed to death at the grocery store? Wait until you start getting hammered with hospital bills a decade from now, thanks to what’s in your shopping cart today.

WASHINGTON (AP) - The Federal Reserve on Sunday approved Wells Fargo’s $11.7 billion acquisition of Wachovia, removing the deal’s last major regulatory hurdle.

According to the annual Virginia Agricultural Statistics Bulletin, soybeans are the state’s largest cash crop, bringing in $135.8 million last year. That was enough to put them ahead of corn, tomatoes and tobacco.

Doug Flemer succeeded where Thomas Jefferson failed.

WASHINGTON (AP)—President Bush is arguing that high anxiety among both investors and the general public about the economy is making the credit crisis more severe.

Wells Fargo emerged as the apparent victor in the battle for control of Wachovia bank Thursday night, after rival suitor Citigroup broke off talks with Wells Fargo and federal regulators but vowed to have its day in court.

Federal officials continued their fervent quest Wednesday to reach an agreement between Citigroup and Wells Fargo over the fate of Wachovia Corp. - which could include the splitting up of the bank.

WASHINGTON (AP) - The Bush administration is considering taking ownership stakes in certain U.S. banks as an option for dealing with a severe global credit crisis.

The real estate market at Smith Mountain Lake is starting to cost Charlottesville-based StellarOne bank.

The Federal Reserve cut a key interest rate by half a percentage point Wednesday to steady an economy teetering on the kind of financial collapse that America suffered in 1929.

Federal Reserve Chairman Ben Bernanke warned Tuesday that the financial crisis has not only darkened the country’s current economic performance but also could prolong the pain.

The company will roll out a new feature on many 2010 models that can limit teen drivers to 80 mph, using a computer chip in the key.

NEW YORK (AP)—Citigroup has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo and the directors of both companies seeking more than $60 billion in damages for interfering with the bank’s planned takeover of Wachovia’s banking operations.

The battle for control of troubled bank Wachovia tilted toward Wells Fargo Sunday as a state appeals court blocked a lower court ruling that had favored rival bidder Citigroup.

Getting the financial rescue through Congress may have been the easy part. Getting it to work may prove the tougher task.

The country’s financial turmoil is more than a topic of study at area colleges. It’s also a potential threat to their bottom line.

Updated: NEW YORK (AP) _ In the latest byproduct of the widening global financial crisis, Citigroup Inc. will acquire the banking operations of Wachovia Corp. in a deal facilitated by the Federal Deposit Insurance Corp.

Tourists continue to visit the Lynchburg region, pumping millions of dollars into the local economy. However, they are coming more and more from nearby regions, meaning they aren’t spending quite as many nights in local hotels.

WASHINGTON—The economy’s spring rebound turned out to be slightly less energetic than the government previously thought. And, the road ahead is likely to be rocky as the country gets pounded by the worst financial crisis in decades.

A French nuclear power company is upping the ante for Constellation Energy Group Inc., offering to pay $35 per share for the Baltimore-based wholesale power supplier in hopes of unseating a deal Constellation made last week to be sold to MidAmerican Energy Holdings Co., a unit of Warren Buffett’s Berkshire Hathaway Inc.

As Congress hashes out the details of the mortgage bailout plan, another wave of problem loans will soon come crashing down.

WASHINGTON (AP) - The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration, The Associated Press has learned.