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News & Press: 2018 Economic Development News

TSS Today's Clips-Tuesday, April 17

Tuesday, April 17, 2018  
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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 replaces Secretary of Commerce and Trade after just three months on job

Gov. Ralph Northam has replaced his secretary of commerce and trade three months into his administration. Northam appointed Brian Ball as secretary on Monday, replacing Esther Lee, a Northern Virginia technology executive…

In wake of utility overhaul, regulators issue orders to begin customer refund process

Three years since a controversial law froze base rates and locked in big windfalls for Virginia’s two large utilities, customer refunds are on the horizon. The State Corporation Commission, which regulates Virginia utilities, issued a pair of orders Monday that…

Gerber moving headquarters to Arlington from New Jersey

Gerber, maker of baby foods, children’s clothing and sippy cups, is moving its headquarters from New Jersey to Arlington, Virginia Gov. Ralph Northam (D) announced Monday, bringing 150 jobs and $4.2 million in new revenue…

Deschutes downsizes plans for Roanoke Brewery

Deschutes Brewery will delay and likely scale down its planned brewery in Roanoke. But the Bend, Oregon-based craft beer brewer will buy the land where it intends to build as a show of good faith that they are still headed to Roanoke eventually…

VCU possibly planning another tall building at West Broad and Belvidere streets

Virginia Commonwealth University may be planning another tall structure near the corner of West Broad and Belvidere streets, across from the university’s signature Institute for Contemporary Art building…

Albemarle School Board seeks additional funds for Capital Improvement Plan

What happened to all those governance changes for Metro?

Medicaid isn’t the only funding debate left in Richmond

Business law-writers navigate conflicting investments, interests

Most members of the state legislative panel that can kill or approve the rules for banks, insurers and utilities have investments in those industries. But while consumer advocates complain the two committees are too close to business, and grumble about…

Massachusetts defends authority to cap electric emissions

Massachusetts energy regulators told the state’s top court in a filing onMonday that they have express authority to implement greenhouse gas caps on electricity generators, rebuking a lawsuit from power companies challenging rules set to take effect this year…

Reynolds American subsidiary issues recall of e-cigarette power units

R.J. Reynolds Vapor Co., a Winston-Salem-based subsidiary of Reynolds American, has issued a voluntary recall of 2.6 million power units used in the company's Vuse Vibe vapor products. The company initiated the recall after receiving…

Missouri DOT grapples with the pace of change around new vehicle tech

From the technological changes to the changes in funding streams, transportation officials are trying to identify the opportunities and pitfalls with autonomous, connected and electric vehicles…

Kentucky’s tax cut for the top 5 percent survives despite governor’s veto

The impassebetween the governor and the Republican lawmakers kicked offearlier this month, when the state legislature unveiled a tax packageto dramaticallycut income and business taxes in the state.The plan aimed to pay for those cuts by dramatically increasing sales taxes…

AT&T and cable lobby are terrified of a California net neutrality bill

AT&T and the lobby group that represents Comcast, Charter, Cox, and other cable companies have been making their displeasure known to lawmakers in advance of hearings on a bill that could impose the toughest net neutrality law in the nation. The California bill implements the…

3 red states could put Medicaid expansion on the ballot this year

Medicaid expansion is back on the ballot. Organizers in Utah submitted signatures on Monday to put an initiative expanding Medicaid on the state’s ballot in November…

Amazon has shelved a plan to sell drugs to hospitals

Instead, the company is focused on selling less sensitive medical supplies to hospitals and smaller clinics through Amazon Business…

1.7 million people could be impacted by Medicaid work requirements in 10 states

Three states — Indiana, Arkansas and Kentucky — have already had work requirements approved by the Trump administration. Requests from the other seven states are still pending…

West Virginia reaches $550k settlement in opioid case

West Virginia has reached a $550,000 settlement with a pharmacy it accused of dispensing nearly 10 million doses of painkillers in 11 years to a county of fewer than 25,000 people, the state attorney general's office announced Monday…

Feds say Minn. Power Grid Law is unconstitutional

The U.S. government on Friday urged a Minnesota federal judge to invalidate a state law giving preference to incumbent utilities for new electric grid projects that's being challenged by an independent transmission developer, saying the law violates the dormant commerce clause of the U.S. Constitution…

The agony of Rural America's inescapable Broadband gap

Telecom giant T-Mobile received a sharp reminder on Monday from federal regulators: Its system still needs some work, and it can't just pretend otherwise...

Congress: Don't enable discrimination in auto lending

In 2013, to help address discrimination in the auto loan market, the Consumer Financial Protection Bureau issued guidance recommending steps for auto finance companies to take to ensure that they are operating in compliance with fair lending laws…

The Deschutes deal, in context

Well, that’s a bummer. We refer, of course, to Monday’s announcement that Deschutes is re-working its deal to build a brewery in Roanoke, citing a change in market conditions. The Oregon-based company will go ahead with buying the land in the city’s Centre for Industry and Technology and says it still wants to build the brewery. However…

 

 

Michael W. Woods
Senior Manager - Virginia

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

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