By Derek Kravitz The mortgage settlement that government officials announced Thursday is intended to help victims of foreclosure abuses that followed the housing bust. Here's a look at what the settlement will and won't do for current and former home-owners: Q: Who stands to benefit?

It could be months before struggling homeowners in Hampton Roads see any relief from the $25 billion settlement announced Thursday between 49 states and the nation's five largest mortgage lenders over abusive foreclosure practices.

NORFOLK

A federal judge has thrown out a $5 million libel lawsuit against WAVY-TV filed by the owner of a former Portsmouth tax service.

RICHMOND 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 today.

CHESAPEAKE
Cox Communications Inc. has teamed with a Pennsylvania logistics company to operate a warehouse on Indian River Road for testing, repairing and shipping cable equipment such as TV set-top boxes.

Correction: An earlier version of this story misstated the type of workers who would lose their jobs at Farm Fresh. No information technology positions are included in the planned layoffs by Farm Fresh’s parent company, Supervalu Inc. The story below has been corrected.

RICHMOND
As retailers from around the state lobbied lawmakers to end a sales tax loophole for online merchants, a state senator said one of the biggest beneficiaries, Amazon.com, is in talks with state officials about a tax deal.

PORTSMOUTH

Massimo Zanetti Beverage USA Inc., the Italian coffee manufacturer, has bought Sara Lee Corp.’s gourmet coffee business for food service customers.

The Sara Lee food service segment is expected to add more than $150 million in annual revenue, according to a Massimo Zanetti statement released Monday. The companies declined to dislose terms of the acquisition.

NORFOLK
The Norfolk Police Department announced Tuesday that its economic crimes unit and the U.S. Internal Revenue Service are investigating Mo' Money Taxes. Dozens of local customers have said Mo' Money, a tax preparation company, has repeatedly delayed giving them their refund checks.

NORFOLK A few hundred yards from West Ghent watering holes, a vignette of the global marketplace is playing out at Lambert's Point Docks. On Monday, a crane began loading six massive generators from rail cars onto the BBC Everest, a German-flagged cargo ship that arrived Sunday night in Norfolk from Baltimore.