Highlights
A collection of news and information related to Financial and Business Services published by this site and its partners.
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UPDATED: Postal Service to cut Saturday mail to trim costs
Saturday mail delivery will soon be a thing of the past. The Postal Service says it will stop delivering mail to homes and businesses on Saturdays, though the mail will still be delivered to post office boxes. Post offices that are now open on...
Tags: U.S. Congress, Mail Order Industry, Business, Government Postal Delivery, U.S. Postal Service
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Customer service operation to expand in Martinsville
Assignment ManagerA company that runs a customer service center in Martinsville is expanding and plans to add about 100 additional jobs. Faneuil, Inc. already operates a virtual "welcome center" in Martinsville for Dominion Virginia Power customers. In an expansion...Tags: Economic Policy, Business, Henry County, Healthcare Industry, Martinsville (Martinsville, Virginia)
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Study: 40% of Americans have $500 or less in savings
ReporterAsk people on the street and most will say it's hard to save money these days. "This economy is shot to the dogs," says Salem resident Dean Martin, "It's horrible and I don't see it getting better." Bank employees aren't shocked either. They see it...Tags: Dean Martin, Economy, Business and Finance, Finance, Television Industry, Car Repair and Maintenance Tips
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Rural Montgomery County residents happy their post office is staying open
The U.S. Postal Service announced Wednesday, that thousands of small post offices won't have to close to save money, but there will be changes. From the tiny McCoy post office, 11 miles west of Blacksburg in Montgomery County, we heard reaction to...
Tags: Mail Order Industry, Blacksburg, Government Postal Delivery, U.S. Postal Service
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Roanoke mail processing center will stay open, for now
WDBJ7 ReporterThe U.S. Postal Service"delivered" some good news Thursday. WDBJ7 has confirmed Roanoke's mail processing center will stay open, at least for now. As we first reported Thursday afternoon, the postal service announced it won't close or consolidate...Tags: Job Layoffs, Mail Order Industry, Corporate Officers, Government Postal Delivery, U.S. Postal Service
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Advance Auto Parts to bring 75 new jobs to Roanoke; Company adds financial center
Advance Auto Parts will be adding 75 new jobs over the next three years as it opens a financial services customer care center to its corporate headquarters in Roanoke. The announcement came at a news conference this morning.
The company plans...Tags: Economy, Business and Finance, Crossroads, Corporate Officers, Regional Authority, Politics
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Virginia to get nearly $480M in benefits from mortgage settlement
Virginian and home borrowers in the state will receive about $479.6 million in relief from a $25 billion settlement between states and five mortgage lenders over foreclosure abuses.
Federal and state officials announced the deal Thursday.
Attorney...Tags: Mortgages, Wells Fargo & Co., Bank of America Corp., JPMorgan Chase & Co., Ken Cuccinelli
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Postal Workers hold a rally in downtown Roanoke
ReporterThere are plenty of beeps as Postal workers hold a rally in downtown Roanoke. They are asking passers-by to honk their horn. It is happening until 5:30 P.M. near the Sun Trust Plaza on Franklin Road. Protesters are stationed outside U.S. Rep. Bob...Tags: Mail Order Industry, Employees, Bob Goodlatte, Career and Workplace, U.S. Postal Service
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Playing Santa Claus could land you in financial hot water
ReporterMany people already have their Christmas lists. But before you start crossing off gifts, you need to ask yourself 'can I afford it'. We saw many shoppers carrying bags inside Valley View Mall in Roanoke. Kids sat on Santa's lap giving him their wish...Tags: Religious Festivals, Entertainment Events, Christmas, Holidays, Santa Claus (fictional character)
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MOVES-Morgan Stanley, JPMorgan Chase, HSBC Holdings
ReutersMay 23 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email to moves@thomsonreuters.com. MORGAN STANLEY The bank's head of fixed income, Ken deRegt, is retiring from the...Tags: Morgan Stanley Dean Witter & Company, Standard & Poor's Financial Services LLC, JPMorgan Chase & Co., Parties and Movements, Goldman Sachs Group, Inc.
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Average US rate on 30-year mortgage rises to 3.59 pct.; 15-year up to 2.77 pct.
AP Business WriterWASHINGTON (AP) — Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery....Tags: Services and Shopping, Mortgages, Freddie Mac, Economy, Business and Finance, Federal Reserve
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Fiduciary rule, long postponed, faces more delays, lobbying
ReutersNEW YORK (Reuters) - The long-running Washington debate over whether and how to beef up ethical standards for Wall Street brokers who give financial advice shows no sign of ending. Some industry lobbyists are even stepping up their lobbying on the so-...Tags: Economy, Business and Finance, Finance, U.S. Department of Labor, Financial Planning, Lobbying
Feb 6, 2013
|Story| WDBJ7
Jan 23, 2013
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Oct 22, 2012
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May 10, 2012
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May 17, 2012
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Feb 2, 2012
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Feb 9, 2012
|Story| AP Virginia
Sep 27, 2011
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Nov 21, 2011
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May 23, 2013
|Story| Reuters
May 23, 2013
|Story| AP Broadcast
May 23, 2013
|Story| Reuters
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