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☆ Pat Robertson, the televangelist who helped turn Christianity into a political force, is dead at 93
▼ + stars: | 2023-06-08 | by ( Ben Finley | Associated Press | ) www.businessinsider.com time to read: +10 min

Robertson was a televangelist who helped bring Christianity to the center of the Republican Party. Marion Gordon "Pat" Robertson was born March 22, 1930, in Lexington, Virginia, to Absalom Willis Robertson and Gladys Churchill Robertson. Robertson was interested in politics until he found religion, Dede Robertson told the AP in 1987. Pat Robertson listens as Republican presidential candidate Donald Trump speaks at Regent University in Virginia Beach, Virginia. But after President Trump lost to Joe Biden in 2020, Robertson said Trump was living in an "alternate reality" and should "move on," news outlets reported.

Persons: Pat Robertson, Robertson, —, — Pat Robertson, Steve Helber, George H.W, George H.W . Bush, Jeffrey K, Hadden, ″, ″ Robertson, Bush, — Robertson, John C, Green, Marion Gordon, Pat, Absalom Willis Robertson, Gladys Churchill Robertson, Pam MacDonald, Adelia, Dede, Elmer, Dede Robertson, Jimmy Carter, Ronald Reagan, Donald Trump, God, George W, Hugo Chavez, misspoke, Bill Clinton, Trump, Kellyanne Conway, Joe Biden, Robertson's, Gordon, Rupert Murdoch's Organizations: Christian Broadcasting Network, Republican Party, Service, Christian Coalition, Regent University, American Center for Law, Justice, University of Virginia, Associated Press, ″, Republican, House, The University of Akron, U.S, Representative, Washington, Lee University, 1st Marine Division, Yale University Law School, Conservative, Conference, Yale, Southern Baptist, Catholic, AP, New York Theological Seminary, CBN, University of Akron, White, Trump, International, Entertainment Inc, The, Rupert, Rupert Murdoch's News Corp Locations: Va, Virginia, America, Virginia Beach, Chesapeake , Virginia, Iowa, George H.W ., U.S, Chesapeake, Lexington , Virginia, Korea, Houston, Southern, New York, Bedford, Stuyvesant, Ohio, New, Portsmouth , Va, Virginia Beach , Virginia, Pennsylvania, Orlando , Florida, Kenya, IFE

CNN —Pat Robertson, the prominent televangelist who founded the Christian Broadcasting Network, made the Christian right a powerful political force and unsuccessfully ran for president in 1988, died on Thursday, the network said in a news release. “Pat Robertson, longtime TV host, religious broadcaster, educator, humanitarian, and one-time presidential candidate died at his home in Virginia Beach early Thursday morning. Pat Robertson (right) hosted the show "The 700 Club" on his Christian Broadcasting Network from 1966 to 2021. Linda C. Culpepper/APRobertson helped transform the conservative evangelical movement into a political force on the American right that helped elect Ronald Reagan. His wife of 70 years, Dede Robertson, died last year at the age of 94.

Persons: Pat Robertson, “ Pat Robertson, Robertson, “, Academic Affairs William L, Hathaway, “ Dr, Jesus Christ, ”, ” –, Linda C, Culpepper, Ronald Reagan, George H.W, Bush, Bob Dole, Jerry Falwell, ’ ” Falwell, ” Robertson, Donald Trump, Trump, Gordon, Dede Robertson Organizations: CNN, Christian Broadcasting Network, Regent University, ” Regent University Executive, Academic Affairs, Southern Baptist, Republican, Christian Coalition of America, ”, ACLU, People, Trump Locations: Virginia Beach, Virginia, America, Haiti

☆ Pat Robertson, Who Gave Christian Conservatives Clout, Dies at 93
▼ + stars: | 2023-06-08 | by ( Douglas Martin | ) www.nytimes.com time to read: +1 min

Pat Robertson, a Baptist minister with a passion for politics who marshaled Christian conservatives into a powerful constituency that helped Republicans capture both houses of Congress in 1994, died on Thursday at his home in Virginia Beach, Va. His death was announced by the Christian Broadcasting Network, which Mr. Robertson founded in 1960. Mr. Robertson built an entrepreneurial empire based on his Christian faith, encompassing a university, a law school, a cable channel with broad reach, and more. The loss did not dampen his political fervor; he went on to found the Christian Coalition, which stoked the conservative faith-based political resurgence of the 1990s and beyond. But he was also given to statements that his detractors saw as outlandishly wrongheaded and dangerously incendiary.

Persons: Pat Robertson, marshaled, Robertson, chuckling Organizations: Republicans, Christian Broadcasting Network, Mr, Republican, Christian Coalition Locations: Virginia Beach, Va

☆ Retired NASA astronaut Scott Kelly describes his UFO experience. 'It turns out it was Bart Simpson, a balloon.'
▼ + stars: | 2023-06-03 | by ( Jessica Orwig | ) www.businessinsider.com time to read: +3 min

Retired NASA astronaut Scott Kelly spent over 8,100 consecutive hours in space. But his UFO experience actually happened on Earth while he was flying off Virginia Beach. But retired astronaut Scott Kelly is here to tell us that many UFO sightings are probably just our eyes playing tricks on us. Kelly was part of a panel that convened on Wednesday at NASA headquarters to discuss UFOs, what NASA now refers to as unidentified aerial phenomenon. Recalling the thousands of hours he spent in space, Kelly said on Wednesday, "Oftentimes, in space, I would see things and I was like, 'That's really not behaving like it should.'

Persons: Scott Kelly, —, Kelly, Bart Simpson, Mark Vande Hei, KIRILL KUDRYAVTSEV, David Spergel Organizations: NASA, Service, Virginia Beach, Space, Getty Locations: Virginia, RIO

☆ Virginia Gov. Glenn Youngkin's potential late entry into the 2024 field seems destined to fail from the start
▼ + stars: | 2023-05-31 | by ( John L. Dorman | Brent D. Griffiths | ) www.businessinsider.com time to read: +9 min

Glenn Youngkin of Virginia is reconsidering a 2024 presidential run, per a recent Axios report. But such a decision would be rife with peril, with Youngkin far down the pack of GOP contenders. Former President Donald Trump speaks to supporters at his rally in Waco, Texas, on March 25, 2023. As of May 31, the GOP polling average on FiveThirtyEight had Trump ahead of DeSantis 54.1%-20.7%, with former Gov. Virginia House Speaker Todd Gilbert, left, gavels to order the special session of the Virginia General Assembly in Richmond, Va., on September 7, 2022.

Persons: Glenn Youngkin, Youngkin, —, Donald Trump, Terry McAuliffe, Joe Biden, Trump, Ron DeSantis, DeSantis, Axios, Evan Vucci Trump, juggernaut Trump, Stormy Daniels, FiveThirtyEight, Nikki Haley, Sen, Tim Scott of, Mike Pence, Marta Lavandier, McAuliffe, Ralph Northam, Todd Gilbert, gavels, Steve Helber, Miles Coleman, Ball, Roe, Wade, Coleman, Aaron Rouse, Jennifer McClellan Organizations: Service, Democratic Gov, GOP, Republican, Walt Disney Company, AP, Manhattan District Attorney's, Gov, South Carolina —, Disney, American Studies, Democratic, Virginia, Virginia General Assembly, Commonwealth, Delegates, Virginia Senate, Republicans, University of Virginia Center for Politics Locations: Virginia, Florida, Waco , Texas, DeSantis, South Carolina, Tim Scott of South Carolina, Iowa , New Hampshire, Texas, Miami, Fla, Richmond , Va, Richmond, Virginia Beach

☆ These are the 10 cheapest places in the U.S. to buy a beach house
▼ + stars: | 2023-05-27 | by ( Celia Fernandez | ) www.cnbc.com time to read: +3 min

Gulfport, Mississippi, ranked as the cheapest town in which to buy a beach house, according to Realtor.com. Dszc | Istock | Getty ImagesTop 10 cheapest places in the U.S. to buy a beach houseGulfport, Miss. In Newport News, the median price within one mile of a beach is $200,000 and the median price per square foot within one mile of a beach is $150. It has one of the best public beaches in the state, Ocean Beach Park, which sits on the Long Island Sound. The median price within one mile of a beach is $257,000 in New London, while the median price per square foot within one mile of a beach is $175.

☆ These are 10 of the cheapest places in the US you can score a beach house
▼ + stars: | 2023-05-19 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Gulfport, Mississippi, is the most affordable coastal town in the US to buy a house, per Realtor.com. The average price for a house that is located within a mile of the beach in Gulfport is $144 per square foot, making it the cheapest coastal town, per Realtor.com's report. The average cost of a coastal house there was $224,900, it said. Its list is limited to just one beach town per state, and also includes some bayside areas as well as towns next to the ocean. Newport News, a city in Virginia with a population of around 184,000 near Williamsburg, Virginia Beach, and the Atlantic Ocean, comes in second place.

In midsized metros Metros with 250,000 to one million residents. An Emerging Divide Mobility has risen for college-educated workers, even as it has fallen for workers without a degree. College-educated workers leaving the most expensive parts of the country are also not spreading out equally everywhere — or even going to parts of the country that are struggling. Net migration among college graduates Loss Gain Among the 12 most expensive metros, net college migration has generally declined or turned negative. “Consumer cities,” as she puts it, are increasingly replacing “producer cities” as the places where college graduates want to live.

☆ Tornado Damages Homes and Uproots Trees in Virginia Beach
▼ + stars: | 2023-04-30 | by ( April Rubin | ) www.nytimes.com time to read: 1 min

A storm that passed over Virginia Beach on Sunday evening brought one confirmed tornado and caused damage to multiple homes close to the coast, the authorities said. The tornado went through the Fort Story area in northeastern Virginia Beach just before 6 p.m., said Mike Montefusco, a forecaster with the National Weather Service in Wakefield, Va. The tornado’s exact path will be confirmed through a survey on Monday. Damage was reported to at least 12 homes as of early Sunday evening, said Tiffany Russell, a spokeswoman for the city of Virginia Beach. Residents also reported gas leaks.

☆ Virginia Governor Youngkin 'humbled' by talk of possible presidential run
▼ + stars: | 2023-04-27 | by ( Tim Kelly | ) www.reuters.com time to read: +2 min

TOKYO, April 27 (Reuters) - Virginia Governor Glenn Youngkin did not rule out a run for president in 2024, saying on Thursday that he was "humbled" by the question of whether he would seek the Republican nomination. Youngkin was in Japan as part of an Asian trip, including stops in Taiwan and South Korea, to promote his state. In Tokyo, he met Japanese Prime Minister Fumio Kishida, who on Monday sat down with would-be presidential candidate Florida's Governor Ron DeSantis. Biden, 80, on Tuesday said he will seek re-election in 2024 in a contest that could once again pit him against leading Republican candidate former President Donald Trump. In a Reuters/Ipsos poll completed on Monday, 44% of Democrats said Biden was too old to run.

☆ From GE to Siemens, the wind energy industry hopes billions in losses are about to end
▼ + stars: | 2023-04-17 | by ( Bob Woods | ) www.cnbc.com time to read: +8 min

The wind farm includes 132 2-megawatt Gamesa G80 wind turbines along 12 miles of the Allegheny Front. (Photo by Chip Somodevilla/Getty Images) Chip Somodevilla | Getty Images News | Getty ImagesIt's been a tough couple of years for the U.S. wind energy industry. Although 2023 is expected to remain sluggish, GE Renewable Energy, Siemens Energy and Vestas Wind Systems, the leading makers of wind turbines — outside of China, which has built the world's largest wind energy infrastructure — and their suppliers are banking on growth over the next decade, particularly in the nascent offshore wind niche. "The wind energy market is stuck in this very strange paradox right now," said Aaron Barr, an industry analyst at Wood Mackenzie. Comparatively, the U.S. offshore wind industry is just ramping up after years of delays in permitting, environmental approvals and power purchasing agreements with utilities that buy wind energy.

☆ Rent prices drop for a third straight month–here's where they fell the most
▼ + stars: | 2023-03-28 | by ( Mike Winters | ) www.cnbc.com time to read: +1 min

U.S. rent prices decreased by 0.25% from January to February 2023, according to the latest data from rental listings site Rent.com. While it's a smaller decrease than in previous months, it brings the U.S. monthly average rent price down to $1,937 — lower than its August 2022 peak of $2,053. Even with the recent dip in prices, year-over-year U.S. rent prices are still up 1.7% as of February. However, that's a remarkable climb down considering that year-over-year rent growth was double digits for most of 2022. Raleigh, North Carolina, has seen the most growth, with a year-over-year rent price increase of 19% as of February, according to Rent.com.

☆ Biden calls for tax on the wealthy to extend Medicare funding
▼ + stars: | 2023-03-08 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

President Joe Biden delivers remarks on his plan to protect Americans access to affordable health care in Virginia Beach, Virginia, on Feb. 28, 2023. President Joe Biden this week called for higher taxes on wealthy Americans to boost Medicare as part of his 2024 budget, aiming to help fund the program for at least 25 years. The plan would increase the net investment income tax from 3.8% to 5% for earnings of more than $400,000, including regular income, capital gains and so-called pass-through business income, which flows to individual tax returns, according to the White House. Enacted through the Affordable Care Act, the net investment income tax currently applies to earnings above $200,000 for single filers and $250,000 for married couples filing together. "By asking those with the highest incomes to contribute modestly more, we can keep the Medicare program strong for decades to come."

☆ Biden plans Philadelphia swing-state union backdrop for budget proposal
▼ + stars: | 2023-03-06 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +3 min

Biden plans to roll out the tax-and-spending plans at a Philadelphia union hall, a venue in a competitive battleground state that will highlight the president's worker-centric political pitch in the weeks running up to his expected announcement of a 2024 re-election bid. Biden is also planning to revive his plans to raise taxes on billionaires and to fund initiatives like a child tax credit. A proposal to raise payroll taxes on very high-income people is also on the table. Biden aides regard union backing as well as success in Pennsylvania as critical to any re-election bid by Biden. Presidential budget roll-outs in other years are done at the White House and with no special events drawing attention to them.

☆ Joe Biden’s Insulin Fictions
▼ + stars: | 2023-03-03 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

The drug maker Eli Lilly said Wednesday that it will cut the sticker price of some insulin products by 70%, and Democrats are taking a victory lap. Well, yes, government coercion can work. “Insulin has been around for 100 years,” President Biden said Tuesday in Virginia Beach, and he says the drug costs $10 to make. “But you’ve been paying three, four, five hundred dollars a month for that. Not anymore.” The Inflation Reduction Act capped insulin out-of-pocket costs at $35 a month for Medicare, and Mr. Biden wants to extend his price control on insulin into private insurance markets.

☆ Biden says other companies will slash insulin prices after Eli Lilly move
▼ + stars: | 2023-03-01 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +1 min

BALTIMORE, March 1 (Reuters) - U.S. President Joe Biden said on Wednesday that other pharmaceutical companies will have to lower their insulin prices in the wake of Eli Lilly's decision to slash its prices for the popular diabetes treatment. Eli Lilly (LLY.N) said on Wednesday it will cut list prices by 70% for its most commonly prescribed insulin products, Humalog and Humulin, beginning from the fourth quarter of this year. U.S. President Joe Biden discusses health care costs and access to affordable health care during an event in Virginia Beach, Virginia, U.S., February 28, 2023. REUTERS/Leah Millis"Guess what that means?," Biden told Democrats gathered in Baltimore for an annual retreat. Biden’s signature legislative achievement, the Inflation Reduction Act, has capped insulin prices for Medicare recipients at $35 per month but the law does not extend to patients with private insurance or without insurance from higher prices.

VIRGINIA BEACH, Virginia, Feb 28 (Reuters) - President Joe Biden said on Tuesday that his March 9 budget proposal to the U.S. Congress will include some higher taxes, including on billionaires, but will not violate his pledge not to raise rates on Americans making less than $400,000 a year. "On March the 9th, I'm going to lay down in detail every single thing, every tax that's out there that I'm proposing, and no one ... making less than $400,000 is going to pay a penny more in taxes," Biden told an audience in Virginia Beach, Virginia. I'm gonna raise some taxes," the Democratic president added, before suggesting that "billionaires" would be called upon to pay more. Biden, under pressure from Republicans who are threatening not to raise the U.S. debt limit unless he agrees to sharp spending cuts, has vowed to cut the deficit by $2 trillion over 10 years in the upcoming budget proposal. During the 2020 campaign, Biden pledged not to increase taxes on taxes on people making less than $400,000 a year.

☆ Watch live: Biden warns of GOP plans to curb access to health-care
▼ + stars: | 2023-02-28 | by ( Emma Kinery | ) www.cnbc.com time to read: +2 min

Republicans have insisted that Biden cuts spending as part of a deal to raise the debt limit — a proposition Biden won't negotiate. Biden met with House Speaker Kevin McCarthy at the White House earlier this month to discuss the topic, but no agreements were made. Biden has asked House Republicans to lay out their own budget proposal with the desired spending cuts before nitpicking at his. Because McCarthy has yet to present a budget proposal, it is unclear how many of the ideas cited by Biden are being actively considered by House GOP. McCarthy has said cuts to the popular Social Security and Medicare programs are "off the table" in any debt ceiling talks.

"We've been talking about impending recession for several quarters now," said Malone, whose Virginia Beach-based company has a national footprint. So has unexpectedly strong consumer spending and, for the world outlook, the reopening of China's economy from strict COVID lockdowns. That poured cold water on the idea that the Fed would "pivot" on a dime to lower rates. "Government bond yields are up" since the last Fed policy meeting, Durham wrote. "It kind of seems the U.S. economy might be more resilient than markets thought six or eight weeks ago."

☆ U.S. military completes recovery of Chinese balloon downed off South Carolina
▼ + stars: | 2023-02-17 | by ( ) www.cnbc.com time to read: +1 min

The U.S. military said on Friday it had successfully concluded recovery efforts off South Carolina for a suspected Chinese surveillance balloon shot down by a U.S. fighter jet, and the last of the debris was being shipped to a laboratory for analysis. Recovery operations concluded on Thursday and Navy and Coast Guard vessels have left the area and safety perimeters around the site have been lifted, the statement said. The U.S. military said earlier this week it had recovered all of the priority sensor and electronics pieces identified as well as large sections of the balloon's structure. The Chinese balloon, which Beijing denies was a government spy vessel, spent a week flying over the United States and Canada before being shot down off the Atlantic coast on orders from President Joe Biden. The episode has strained ties between Washington and Beijing, leading America's top diplomat to postpone a trip to China.

But U.S. and Canadian authorities also announced they had called off searches for three unidentified objects shot down over last weekend, without locating any debris. The last of the debris from the Chinese balloon, which was downed by a Sidewinder missile, is heading to an FBI laboratory in Virginia for analysis, the U.S. military's Northern Command said. Reuters was first to report the conclusion of the recovery efforts for the suspected Chinese spy balloon, which were halted on Thursday. Kirby said the United States had already learned a lot about the balloon by observing it as it flew over the United States. "We will maintain the perspective that we have in terms of what should be the relationship between China and the United States," she said.

☆ The 11 U.S. cities where rent prices fell the most in January
▼ + stars: | 2023-02-15 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

U.S. renters are finally getting a break on their rent, with prices dropping in 11 major markets in January, according to new data by online realtor Redfin. Median asking rent dropped to $1,942 last month, down from a 2022 peak of $2,053. Only four cities posted double-digit rent growth in January 2022, compared with 38 in January 2021. The number of cities with price drops also continues to climb, from just two a year ago to 11 in January. January rent prices for this study are based on 20,000 apartment listings from Rent.com for the 50 largest metro areas in the country.

☆ Pressure mounts on Biden to publicly address aerial object shoot downs
▼ + stars: | 2023-02-15 | by ( Christina Wilkie | ) www.cnbc.com time to read: +3 min

Al Drago | ReutersWASHINGTON — President Joe Biden is coming under mounting pressure from both Democratic and Republicans senators to publicly explain why he ordered three floating objects to be shot down last weekend by American fighter jets. The orders to shoot down the three "unidentified aerial phenomena" over three days came just one week after a massive Chinese surveillance balloon was shot down Feb. 4, after floating across the United States for eight days. The first of the objects shot down this weekend was the size of a small car and floating at 40,000 feet when it was shot down over the Arctic Ocean on Friday. The second one was similar in size and altitude, but it was shot down over the Canadian Yukon on Saturday. The third floating object was slightly smaller and floating at just 20,000 feet when it was taken out over Lake Huron on Sunday.

☆ Louis Vuitton Looks to Tap Pharrell Williams as Next Menswear Designer
▼ + stars: | 2023-02-14 | by ( Jacob Gallagher | Nick Kostov | ) www.wsj.com time to read: 1 min

Louis Vuitton is in talks to hire Pharrell Williams , the music producer and streetwear entrepreneur, to be its next men’s head designer, according to people familiar with the matter. If appointed, Mr. Williams, 49, would assume the role previously held by Virgil Abloh, who died in November 2021. Mr. Abloh was the first Black American to be appointed to a head design position at a European luxury house. Mr. Williams, a native of Virginia Beach, Va., who rose to prominence in the late ’90s as a part of hip-hop production duo the Neptunes, could be the second.

☆ Louis Vuitton Taps Pharrell Williams as Next Menswear Designer
▼ + stars: | 2023-02-14 | by ( Jacob Gallagher | Nick Kostov | ) www.wsj.com time to read: 1 min

Louis Vuitton has hired Pharrell Williams , the music producer and streetwear entrepreneur, to be its creative director of menswear, the company said. Mr. Williams, 49, assumes the role previously held by Virgil Abloh, who died in November 2021. Mr. Abloh was the first Black American to be appointed as the head designer at a European luxury house. Mr. Williams, a native of Virginia Beach, Va., who rose to prominence in the late 1990s as a part of hip-hop production duo the Neptunes, is now the second.

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