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Daily Clip 7/12/17
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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 moves up in CNBC rankings of best states for business

After slipping for five years, Virginia has moved up this year in a prominent ranking of the best states for doing business…

Dominion Energy gets approval to build power line across James River

A switching station to connect Dominion Energy's controversial high voltage transmission line across the James River to the utility's Peninsula electric system will come to property the energy giant owns near Skiffes Creek in James City County…

Port of Virginia sets new volume records for fiscal year

The Port of Virginia ended last month with a bang – its best June on record. The close of the month also marked the end of its best-ever July-June fiscal year. The port’s terminals…

‘Homeland’ to film upcoming season in Virginia

Virginia is ready for its close-up — the Showtime spy drama “Homeland” will be filming its seventh season in central Virginia this fall. The spooks-and-terrorists series, which is…

NASCAR's rebranded Richmond Raceway announces $30 million infield redevelopment project

The Richmond area’s NASCAR track announced Tuesday one of the biggest projects in the facility’s history, unveiling a new identity and plans for spending $30 million to improve the fan experience with a modernized infield. The track…

In visit to Waynesboro, FCC Chairman tackles digital divide

Adjit Pai considers providing broadband internet access to rural America, and all of America “the number one issue’’ for the Federal Communications Commission. “Crossing the digital divide is the FCC’s top priority…

Appomattox County drops out of Regional Business Alliance

A year and a half after its formation, the Lynchburg Regional Business Alliance has lost a local government partner. Earlier this week, Appomattox Town Council voted for the town to leave the regional economic development organization…

Virginia’s research colleges and universities agree to share resources

Seven academic research institutions in Virginia have signed a memorandum of understanding (MOU) to share core facilities and resources to advance life sciences and other research. Under the agreement, universities…

New study finds Virginia scores well for fiscal strength — and Maryland does not

While Virginia is among the U.S. states with strong fiscal health, its across-the-river neighbor is one of the weakest in the country, according to a study…

Volvo Trucks motoring ahead with new truck line, rehires and finished showroom

Scandinavian accents filled Volvo Truck’s new customer center at the Virginia plant on Tuesday, as the company welcomed top executives and media from around the world to unveil…

GSA reveals rationale for canceling FBI headquarters search

In a joint statement, the FBI and the General Services Administration said they did not get the full $1.4 billion sought under the federal government's 2017 budget…

Treat opioid abuse as a disease: GOP candidates share views, policies on opioid epidemic

Republican candidates for governor, attorney general and lieutenant governor held a public discussion Tuesday about the opioid epidemic, casting opioid abuse as a disease that needs to be treated, rather…

CBO score could be a hurdle for Federal recognition of Virginia Indian Tribes

Virginia Indian tribes have been seeking federal recognition for decades, and they are closer now than they have ever been. But a new score from the Congressional Budget Office might be a stumbling block for moving forward…

Peninsula cities support proposed regional business accelerator

Newport News and Hampton economic development authorities are pledging $50,000 each as part of a regional effort to attract federal grant funding to establish a regional business accelerator and seed fund to launch and grow new businesses…

House panel approves transportation funding cuts

The spending measure would entirely eliminate the Transportation Investment Generating Economic Recovery (TIGER) grant program, which was created by the Obama administration but never actually authorized by Congress. It’s a popular…

Consumer groups want NC governor to veto finance industry bill

Consumer advocacy groups are sounding the alarm about a bill that was pushed through the legislature at the behest of the consumer finance industry and is now on Gov. Roy Cooper’s desk…

Chamber signs letter opposing Broadband as Public Utility

The U.S. Chamber of Commerce and several trade associations wrote a letter to the Federal Communications Commission Tuesday supporting efforts to repeal Obama-era net neutrality regulations, asserting that…

Calif. legislators plan Cap-and-Trade extension to 2030

California Gov. Jerry Brown and state lawmakers announced plans Monday to extend the state’s cap-and-trade program by 10 years, through 2030, after an initial 2020 sunset date, with provisions that will require…

Best-run states are low-tax Republican, Worst-run are high-tax Democratic, study finds

Several states, including Republican states, have decided to raise taxes this year to cover budget shortfalls. But a new study suggests that the states might find themselves in worse financial shape after the money starts rolling in…

There’s one more question to ask

The University of Virginia’s Weldon Cooper Center spelled out it earlier this month. Over the next 30 years, Martinsville will lose a third of its residents unless something changes. In fact, the research shows…

Will Virginia tolerate Third World infrastructure in its rural areas?

Parts of Southwest Virginia have infrastructure that isn’t even up to Third World standards. That’s harsh, but true. It’s also not unique. Think what you will of Wall Street, but some of the best reporting…

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