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News & Press: 2018 Economic Development News

TSS Today's Clips-Friday, May 4

Friday, May 4, 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.

 

David Clarke emerging as likely House pick for SCC seat

Richmond lawyer and lobbyist David W. Clarke is emerging as the consensus candidate of the House of Delegates to fill a highly coveted seat on the State Corporation Commission…

66 Express Lanes collect more than $6 million in tolls during first 4 months of operations

Virginia raked in $6.1 million in tolls during the first four months of operation of the 66 Express Lanes, state transportation officials said Thursday. The new system —with tolls that have reached as high as $47.50 and are among the highest in the nation— is expected to generate $12 million by the end of the fiscal year…

Recycling solution? Dominion to come up with coal ash remedy by November

Recycling coal ash was popular at the state Legislature this year. A bill that requires Dominion Energy to conduct a request for proposals for recycling options at its two legacy coal ash “ponds” at the Chesterfield Power Station passed with near unanimous support. Gov. Ralph Northam signed the bill (SB 807) into law March 30. The new law delays closure of the ponds…

‘Goliath Project’ approval could come in weeks, County official says

A project that has been slated to help replace the Tranlin project in northeast Chesterfield County is on a fast-track approval process. Greg Allen, the county’s planning manager, said last week that site plan approval for the “Goliath project” could come in the next few weeks…

Abingdon considers using eminent domain to acquire land for road in the Meadows Project

Abingdon officials are considering using eminent domain to acquire private farmland needed to build a “connector” road from The Meadows retail development to the Washington Crossings Shopping Center…

Attention HQ2 cities: Amazon hates taxes so much it's threatening to move jobs out of Seattle

Amazon has halted development of a tower it was planning in downtown Seattle after the city proposed taxing large employers to pay for additional homelessness services…

U.S. Department of Education approves Virginia’s plan of the Every Student Succeeds Act

The U.S. Department of Education has approved Virginia’s plan of the Every Student Succeeds Act, which replaced the No Child Left Behind Act. ESSA, the federal law passed by Congress in December 2015, allows the federal government to support national and local education goals with grants and other resources…

Military base closings may again be considered but only if localities approve

After years of resisting, Congress may consider a proposal to allow military base closings – but under restrictive rules that give communities veto power, U.S. Rep. Rob Wittman said Thursday…

Virginia sues, accusing major online lender of violating consumer protection laws

Virginia alleges one of the nation’s largest online lenders made more than $47 million of illegal, high-interest-rate loans that put Virginians on the hook for tens of millions of dollars in interest and fees. The state is suing Net Credit, which sells personal loans…

Portsmouth will build 55-mile fiber-optic network, part of an effort to link the region

The city plans to start building its own high-speed fiber-optic network as soon as July, a project that would boost Portsmouth’s internet connectivity and – officials hope – lure more companies there. The $9 million project would take five years to finish and…

Study finds 'stunning' justice gap in Virginia civil cases

On most days at Richmond's John Marshall Courts Building, dozens of debt, eviction and other civil matters are posted on the general district court dockets. The high volume of cases moves efficiently through courtrooms that often are largely empty…

FDA lets vaping flourish as it eyes crackdown on cigarettes

The U.S. Food and Drug Administration (FDA) is giving wide leeway to electronic cigarettes as it attempts to push people away from traditional tobacco products…

Missouri lawmakers agree to call special session to consider Greitens impeachment

The Missouri General Assembly has taken the historic step of calling itself back into special session to decide whether to impeach Gov. Eric Greitens. According to the petition signed by 138 House members and 29 senators — both more than the three-fourths required in each cahmber to call a special session — lawmakers will consider the findings and recommendations of a…

Conservative groups hope to release new ObamaCare replacement this month

The plan has essentially no chance of moving in Congress this year. Republican congressional leadership has made clear that it has moved on from the ObamaCare repeal effort this year. And Senate Republicans have an even smaller margin than they did last year when they failed to pass a repeal bill…

FDA Chief targets kickback Safe Harbor to trim drug prices

The U.S. Food and Drug Administration’s leader on Thursday signaled that the Trump administration’s campaign to reduce drug prices will target an Anti-Kickback Statute safe harbor for controversial rebates that drugmakers give to pharmacy benefit managers…

After mapping employers' future workforce needs, Triad business, education leaders design a strategy to guide people toward good career paths

More than 700,000 people go to work every day in the Piedmont Triad region, but they’re not all going to the right jobs. Business leaders from across the region met Thursday to get their first look at a strategy to better match workers to jobs that could go unfilled in the coming decade…

As CarMax grows, it is training employees to work across multiple functions within a store

Automotive retailer CarMax Inc. is placing special emphasis on tapping the hidden talents and potential of its employees. We are in a place where our organization is growing differently than we’ve grown in the past…

Want to drive like Bond? Aston Martin planning $12M dealership in Loudoun

The proposed dealership would be designed to "evoke a sense of of high-end quality in keeping with luxury vehicles being sold on the premises," according to filing. Loudoun is already home to Ferrari and Lamborghini dealerships…

A closer look at EPA's proposed coal ash rule

What exactly did the U.S. Environmental Protection Agency suggest in its recently introduced coal combustion residuals remand rule…

As Primary season heats up, the left battles the left

In races for governor around the country, the Democrats' preferred candidates are having to fend off attacks from progressive insurgents…

 

 

Michael W. Woods
Senior Manager - Virginia

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

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