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Daily Clip 9/20/17
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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 .

 

Northam and Gillespie debate taxes, monuments and Trump

Democrat Ralph S. Northam painted his rival as a follower of President Donald Trump and Republican Ed Gillespie sought to separate himself from Washington with a wall of state policy proposals Tuesday night in the second debate of Virginia’s governor’s race. Both candidates avoided gaffes and stayed mostly on message…

Polls disagree in VA. Governor’s race: Is Northam ahead or is it a tight horserace?

Four independent polls made public within days of Tuesday night’s Virginia gubernatorial debate offer sharply different views of the race between two of the three candidates. As Democrat Ralph Northam and Republican Ed Gillespie faced off in their second debate, three new polls…

Port of Virginia advances on 55-foot channel project

Deeper, wider, safer. Or wider, deeper, safer. Either way, you get the idea. They’ve been the port community’s mantras for years and now it looks like the vision is a little closer to becoming a reality. A rough draft of a plan backed by the U.S. Army Corps of Engineers recommends…

Tennessee approves health system merger; Virginia ruling to come

Tennessee’s health commissioner on Tuesday approved a merger request filed by Mountain States Health Alliance and Wellmont Health System. Both states must approve the merger. Virginia’s health commissioner is expected to issue her ruling by the end of the month…

Governor announces Battlefield Preservation grant winners

Gov. Terry McAuliffe visited Gordon’s Hill, part of Fisher’s Hill Battlefield, Tuesday to announce the recipients of the Virginia Battlefield Preservation Awards. One of those recipients was the Shenandoah Valley Battlefields Foundation, which is based in New Market; the Richmond Battlefield Association, the Civil War Trust and…

VRS awards incentive pay to investment team

The Virginia Retirement System awarded almost $6.75 million in incentive pay to members of its internal investment team on Tuesday, buoyed by a record-high value of the $74.4 billion retirement trust fund for state and local government employees…

CarLotz scores $30M for nationwide push

CarLotz announced Tuesday it has raised $30 million in new capital from Detroit-based private equity firm TRP Capital Partners, which specializes in investments in the transportation sector…

City, county OK joint transit, economic development initiatives

During a joint meeting Tuesday, the Albemarle County Board of Supervisors and the Charlottesville City Council voted to support a regional transit partnership and a memorandum of understanding regarding economic development…

Website Provides Info on New Toll Lanes in Northern Virginia

A new website will give Northern Virginia commuters who use Interstate 66 inside the Capital Beltway answers about the pending changeover to toll lanes…

State lawmakers to build revenue reserves as hedge against risks raised by bond agency

The Virginia General Assembly will not convene for almost four months, but a senior budget leader says the legislature’s top priority will be to build its revenue reserves to hedge against risks that have given at least one bond-rating agency the jitters…

Appalachian Power seeks reduction in fuel rate charged customers

For many customers, the proposed decrease in their monthly electricity bill would not buy a large latte. Yet it would be a savings nonetheless, tied to the continuing low costs of coal and natural gas used as fuel to generate power…

Tube groundbreaking starts new chapter for "engineering wonder" Chesapeake Bay Bridge-Tunnel

When it was built, the Chesapeake Bay Bridge-Tunnel was called “one of the seven engineering wonders of the world.” Now 53 years after the 23-mile bridge-tunnel opened, it’s adding another tube for the first time…

U.K. Machinery Company to establish first U.S. operation in Virginia

Unison Ltd., a tube bending machine specialist based in the U.K., is investing $5.2 million to open its first U.S. manufacturing operation in the Cane Creek Centre Industrial Park, jointly owned by the City of Danville and Pittsylvania County in Virginia….

Mass. Opioid Substitution Law a nice idea, but falls short

A 2014 Massachusetts law requiring pharmacists to substitute abuse-deterrent opioids for their standard counterparts is set to go into effect relatively soon, but growing doubts about the benefits of these drugs mean the law may not help…

Equifax says it had a security breach earlier in the year

Equifax said it had a separate data breach incident earlier this year — before the massive one that exposed the information of 143 million Americans. The security breach involved a different part of the company than the one accessed in the larger hack…

Sprint and T-Mobile are hashing out terms to bring deal closer

Sprint Corp. and T-Mobile US Inc., in preliminary deal talks since at least August, agreed that Deutsche Telekom AG would have control in a combination of the two companies...

Walgreens to add 1932 Rite Aid stores

Walgreens and Rite Aid have finally devised a deal between the nation’s largest and third-largest drugstore chains that will get past antitrust regulators…

Trump to make ObamaCare payments for September

The Trump administration will make key ObamaCare payments to insurers in September, though a final decision hasn’t been made about future payments, a White House spokesman said Tuesday…

Democrats mount effort to recruit women as State Attorneys General

Hillary Clinton’s defeat last year ignited an intense debate about the role of gender in American politics, but the presidential race overshadowed a deeper structural challenge for Democrats: They have a scarcity of female officeholders in state capitals…

Pillion: State is stronger when all prosper

The news prompted an outpouring of pitches: Amazon is looking for an additional headquarters location. Every city was quick to highlight why it should be the (second) home to the global commerce giant. However…

GO Virginia reports challenge both parties

Ed Gillespie and Ralph Northam are doing a good job talking about Confederate statues and lots of other things that the next governor can’t do anything about. (Lest anyone forget, those aren’t state statues; they’re local ones). We have a suggestion for the candidates…

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