Career Center | Print Page | Sign In | Join
News & Press: 2018 Economic Development News

TSS Today's Clips-Wednesday, March 28

Wednesday, March 28, 2018  
Share |

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.

 

Governor promises VA. will be No. 1 place to do business

Gov. Ralph Northam, who was inaugurated as Virginia’s 73rd governor in January, wasted little time in marking his first appearance in the Charlottesville area Tuesday. Addressing a luncheon at the Boar's Head Resort hosted by the Charlottesville Regional Chamber of Commerce, he was quick to express regrets over a few recent events…

Virginia ranks sixth among 50 states in tech employment

Employment in Virginia’s technology industry expanded by about 1,460 jobs last year while the industry contributed nearly $54 billion to the commonwealth’s economy, according to Cyberstates 2018, an annual analysis of the nation’s tech industry…

Over 70,000 sign petitions protesting pipelines in Virginia

Environmentalists on Tuesday dropped on Gov. Ralph Northam's desk petitions signed by more than 70,000 people supporting stricter rules for the Mountain Valley and Atlantic Coast pipelines that energy companies plan to build across Virginia…

Gas pipeline forges ahead as environmentalists call on Northam to slow process

Environmental groups had planned an event here Tuesday to call on Gov. Ralph Northam (D) to slow the permitting process for two major natural gas pipelines, only to learn that one of the projects got its permits the night before…

Deadline for Genworth merger with China-based firm extended to July 1 as deal remains under scrutiny

A long-delayed merger between Henrico County-based insurer Genworth Financial Inc. and China Oceanwide Holdings Group Co. Ltd. is being extended yet again as the proposed deal remains under review by some government regulatory agencies…

Port of Virginia truckers get a chance to unload on board members

That seemed to be the rallying cry for some truckers who got the chance on Tuesday to vent about port congestion directly to the Virginia Port Authority Board of Commissioners…

Gov. Northam signs bill to allow pharmacies to share best medication prices for consumers

A new Virginia law is intended to help Virginia residents get the lowest cost for medications. This is because pharmacists could be contractually prohibited from telling patients they could pay less without insurance for their medicine…

Supervisors discuss sales tax bill with Sen. Norment

County supervisors voiced their concerns about the new sales tax with the bill's patron at their work session Tuesday. A sales tax bill awaiting Gov. Ralph Northam’s signature would raise the sales tax in Williamsburg, James City and York counties by…

Henry County supervisors change vote, rejoin I-73 Coalition

Henry County will remain a member of the I-73 Coalition after a 4-2 vote at Tuesday’s 3 p.m. Henry County Board of Supervisors meeting. As of right now, there is no funding to build the full Interstate 73, either on the federal or state level…

Congress fully funds Chesapeake Bay cleanup — again

Chesapeake Bay cleanup efforts got another thumb’s up from Congress last week when lawmakers passed the $1.3 trillion omnibus spending bill, which funds the federal government through September. That measure includes…

At Bar hearing, lawyers who represented Morrissey defend conduct

Attorneys who represented Richmond lawyer Joe Morrissey, accused of a 2013 sexual relationship with a 17-year-old girl who is now his wife, defended their own conduct and that of their client in a Virginia State Bar disciplinary hearing Tuesday…

Virginia GOP overturns plurality vote to determine 6th District nominee

The State Central Committee of the Virginia Republican Party has ruled against language in the convention call for the May 6th Congressional District Republican Convention that specifies a plurality vote….

Energy Department touts new study as reason to continue using coal

The Department of Energy (DOE) is touting a new study as proof that coal use is key in order to keep houses lit and offices warm during major storm events. An analysis from DOE's National Energy Technology Laboratory found that coal energy was the biggest asset to a reliable energy grid during the…

PhRMA ads blame insurers for drug costs

The pharmaceutical industry's top trade groupon Tuesday launched a new series of advertisements as part of its drug pricing campaign aimed atblaming cost increases on insurers and pharmacy benefit managers…

9th Circ. calls for input on Minor League wage exemption

The Ninth Circuit on Monday asked minor league baseball players and Major League Baseball to weigh in on new legislation that exempts the players from federal wage-and-hour requirements amid an ongoing labor dispute…

States scrambling to avert Obamacare sticker shock after Dems balk at stabilization effort

Congress failed to tamp down Obamacare premiums in last week’s spending bill, shifting the burden onto states, where governors and legislatures are facing growing pressure — but few good options — to bring down rates before companies finalize their 2019 prices…

Democrats did 'duty' in Md. redistricting. Now the Supreme Court will evaluate

O’Malley’s frank admission is at the heart of what is becoming an unprecedented look at partisan gerrymandering by the Supreme Court. The justices on Wednesday will hear the challenge to Maryland’s Democratic decision-making, after last fall examining — but not yet deciding — a lawsuit on Republican efforts in Wisconsin…

A cyberattack hobbles Atlanta, and security experts shudder

The City of Atlanta’s 8,000 employees got the word on Tuesday that they had been waiting for: It was O.K. to turn their computers on. But as the city government’s desktops, hard drives and printers flickered back to life for the first time in five days, residents still could not…

Pittsburgh's path out of financial distress

After Pittsburgh almost ran out of money in 2003, Pennsylvania stepped in to help the city restore its finances. More than 14 years later, the state ended its oversight and assistance efforts in February. Challenges remain, but…

Red flags for States conforming to new Federal Tax law

Conforming state tax codes to the new federal regime should bring simplicity, but tax policy experts of all stripes are warning states to stay away from certain provisions they say foster complexity, benefit the wrong taxpayers or will lead to loss of revenue…


Godfrey: Governor appoint an SCC Commissioner – and point Virginia toward advanced energy

Gov. Ralph Northam has an opportunity — through a rare vacancy on the State Corporation Commission (SCC) — to unleash innovation and accelerate economic growth in the commonwealth. We urge him to seize it…

Time for an audit of the Richmond Public Schools

Earlier this year, Mayor Levar Stoney dismissed the notion that “we can find funds for our schools’ needs without raising any taxes.” He succeeded in convincing the City Council to raise the meals tax. Yet as a front-page story noted on Tuesday, the Richmond Public School system has escaped close fiscal review…

 

 

Michael W. Woods
Senior Manager - Virginia

Direct: 804.697.2256 | Mobile: 804.339.0260
mike.woods@troutman.com

──────────────────────────
|TROUTMAN SANDERS STRATEGIES
Troutman Sanders Building

1001 Haxall Point| P.O. Box 1122

Richmond, VA 23219-1122

troutmansandersstrategies.com


Contact

1340 N. Great Neck Road, #1272-128
Virginia Beach, Virginia 23454
757-412-2664
VEDA@AssociationBuilders.com

Copyright © 2018. All Rights Reserved.

 

Connect