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Daily Clip 6/20/17
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TROUTMAN SANDERS

STRATEGIES

Below are newspaper articles from around the Commonwealth that you may find of interest.These materials are to inform you of developments that may affect your business and are not to be considered legal advice. If you have any questions please contact Mike Woods .

 

Virginia Beach City Council will oppose offshore oil and gas exploration

The City Council is set to take a major step tonight to oppose offshore oil and gas exploration after years of swaying on the issue. This new position would come seven years after the council had voted to support…

Feds ok firing up Yorktown coal plants

The Department of Energy has granted electrical distribution company PJM permission to keep two coal-fired Yorktown power plants operating, according to PJM spokesman Ray Dotter. The company received an order…

Carilion says continued financial health could lead to expansion

Carilion Clinic on Monday released financial statements showing continued improvement for both its operating margin and bond ratings that could soon prompt it to make public its plans to…

Raytheon secures $1B DHS cyber contract after year-and-a-half long battle

It took more than a year-and-a-half, but Waltham, Massachusetts-based Raytheon Co. has finally secured a five-year, $1 billion Department of Homeland Security contract to help defend “.gov” websites from cyber attacks…

Metro Board member says Loudoun shouldn’t ‘shirk’ its Metro obligations

Will jurisdictions like Fairfax, Arlington and Alexandria go for a regional sales tax to support the region’s embattled Metro (WMATA) rail system? Several of Metro’s Virginia board members recently ducked the question and called on Loudoun County…

Following the money: How Dominion’s state political spending rates vs. top environmental groups

Money and politics, they undoubtedly go hand-in-hand — but as state politicians debate the merits of the proposed Atlantic Coast Pipeline in Virginia, is anyone outspending Dominion Energy across the commonwealth? Well, for…

Wisconsin gerrymandering case could have profound effect in Virginia

The Supreme Court said Monday it will consider whether gerrymandered election maps favoring one political party over another violate the Constitution, a potentially fundamental change in the way American elections are conducted. While the Supreme Court case…

Virginia Beach has doubled its spending to lure more tourists — and hotel stays are rising

While bookings in the city are better than some of its competitors, it is lagging a few percentage points behind the country’s 65.5 average annual rate of hotel occupancy, he said. The city is hoping that will change with several projects planned at the Oceanfront…

Bristol Council closed session could include litigation talks

Bristol Virginia leaders intend to go behind closed doors tonight to discuss concerns about BVU Authority’s pending sale of its OptiNet division and those conversations could include potential litigation...

Appalachian Power wins battle in Smith Mountain Lake dock case

A Franklin County judge ruled in favor of Appalachian Power Co. Friday in a dock-building dispute pitting landowners’ property rights against the utility company’s regulatory power over the Smith Mountain Lake shoreline…

Oil giants back carbon tax proposal

Major oil companies are lining up behind an idea by former top Republicans to impose a tax on carbon dioxide emissions. Their plan relies in part on carbon “dividends,” tax credits or payments that go back to American taxpayers and make the carbon tax revenue neutral…

Hospital group warns of serious harm from Medicaid cuts

The American Hospital Association warned Senate Republicans Monday against including large cuts to Medicaid in its healthcare bill.The AHA suggested leaders allow states to use waivers to "improve care and program sustainability" rather than transitioning to a per capita cap or block grant form of funding…

NC state budget deal includes raises for state employees, teachers

Budget writers announced the compromise plan Monday. Votes are expected later this week in the Republican-controlled House and Senate, with the Senate voting as earlier as Tuesday. The plan would have to pass…

US Supreme Court strikes down NC sex offender social media ban

The U.S. Supreme Court has overturned a North Carolina law prohibiting registered sex offenders from using Facebook or other social networking sites that minors can join. The case raised questions about whether such laws prohibit sex offenders from participating in web-based forums, which have become virtual town squares, as they re-enter society…

How insurance giant Allstate is using cloud tech to build new businesses

Allstate has to compete not only with traditional insurance rivals, but a raft of startups aiming to change the industry just as Uber and Airbnb have shaken up the transportation and lodging markets…

FTC plans to challenge DraftKings FanDuel merger

The two daily fantasy sports sites announced they'd join forces back in November, but the FTC has concerns about whether the move would violate antitrust laws...

Gillespie calls for 10 debates with Northam in Virginia Governor’s race

After winning a GOP primary in which he was accused of avoiding his competitors, Republican gubernatorial candidate Ed Gillespie called Monday for 10 debates with Democrat Ralph S. Northam before the general election in November…

Bloomberg’s Gun-Control group to endorse Ralph Northam for Virginia Governor

Everytown for Gun Safety Action Fund, the political arm of one of the nation’s biggest gun control groups, is endorsing Virginia gubernatorial contender Ralph Northam and the rest of the statewide Democratic ticket. The group, and the Virginia chapter of…

Two questions about the pending pipeline decision

The federal agency that governs interstate natural gas pipelines is scheduled to release its final environmental impact statement on the proposed Mountain Valley Pipeline on Friday. No one should be surprised by what it has to say…

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