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News & Press: 2018 Economic Development News

TSS Today's Clips-Monday, May 7

Tuesday, May 8, 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.

 

Bond holder, Government groups raise concerns about Virginia’s budget uncertainty

An institutional bond holder and groups representing Virginia cities and counties are raising concerns about the state’s budget uncertainty amid finger-pointing between GOP leaders in the Senate and the House…

Legislation relaxes rules for smaller cell towers

In the coming months, smaller wireless towers could start popping up around Virginia at a faster pace. Gov. Ralph Northam has signed legislation that will allow the construction of structures less than 50 feet tall without a special exception, special-use permit or variance from local governments…

Virginia Tech announces death of Charles Steger

Virginia Tech President Emeritus Charles William Steger Jr. died Sunday evening at his home, the university announced today. Steger was president during historic highs and lows…

2 Virginia insures ask for large premium hikes for 2019

Two of the insurance companies that participate in Affordable Care Act exchanges in Virginia are seeking clearance for large increases in premiums for next year, according to an article in The Hill newspaper. Cigna and CareFirst BlueCross BlueShield are two of seven insurers…

Metro was just given $15.5 billion over a decade to fix the system. But three years later, it still can’t repair the chillers.

As Metro embarks on an ambitious plan to pump $15.5 billion into the rail system over 10 years, the wall of hot air that will soon greet riders at two downtown stations offers a dose of reality: money will not solve all the agency’s problems…

VDOT continues search for company to complete HRBT expansion

The Virginia Department of Transportation continues to vet private-sector companies to complete the expansion of the Hampton Roads Bridge-Tunnel. VDOT is collecting technical proposals and prices to design and construct the HRBT expansion…

Region is one of six targeted by Microsoft TechSpark plan

Southern Virginia’s digital profile is getting a boost from Microsoft Corp. The company’s TechSpark initiative, begun last year, aims to create more job opportunities in economically stressed areas throughout the country…

Project Lightning II: James River Logistics Center eyed for new development

Add another to the list of code-named projects for warehouses or industrial facilities that have been rolling into Chesterfield County: Lightning II…

Carilion President and CEO Nancy Agee will lead American Hospital Association board

As a teen, Nancy Howell Agee tumbled down a small mountain and into an emergency room, beginning a five-decade journey from cancer patient to head of the nation’s hospital association on Sunday…

Warner pushing for special designation to allow more drone experiments in Virginia

Localities across the country are waiting to find out if they’ll get permission from federal regulators to conduct drone experiments that are typically banned — a designation U.S. Sen. Mark Warner, D-Va., said he’s been trying to bring to Virginia…

Do pipelines pose any political risk for Northam?

Eighteen Democratic committee chairs put their names on a forceful statement Thursday urging Gov. Ralph Northam and Attorney General Mark Herring, both Democrats, to “do all they can to stop the Mountain Valley and Atlantic Coast pipelines….

Can Leslie Cockburn beat Tom Garrett in the red 5th District?

She frequently wears a green quilted vest—and her campaign has high production values, perhaps fitting for a former “60 Minutes” producer. Two weeks before the 5th District Democratic convention May 5 in Farmville, and after 23 caucuses, Leslie Cockburn amassed the most delegates in a field of four candidates to be the presumptive nominee…

Long a foe of casinos, Virginia warms to betting in area around Colonial Downs

A hub for gambling is taking shape in a historic area of Virginia between Richmond and Williamsburg, signaling sharp change in a state that long resisted the lure of gaming revenue. Virginia is one of only 10 states that have so far resisted any form of casino gambling…

Internet trade group blasts Iowa bid to tax online platforms

A trade association representing the interests of internet companies on Thursday slammed an Iowa bill that would impose new taxes on digital marketplaces and online travel services, touting the importance of online platforms in promoting tourism…

Big investor offers about $6.5 billion for athenahealth

Prominent athenahealth shareholder Elliott Management Corp. is offering about $6.5 billion to take the medical billing software maker private after saying it has grown frustrated with the company's performance…

N.S.A. triples collection of data from U.S. phone companies

The National Security Agency vacuumed up more than 534 million records of phone calls and text messages from American telecommunications providers like AT&T and Verizon last year — more than three times what it collected in 2016, a…

Medicaid sustainability: Drug formularies, not work requirements

Massachusetts, long a beacon in health care access and among the first states to expand its Medicaid program (a.k.a. MassHealth) substantially in the 1990s, is trying a new approach to rein in costs for that program and it is one worthy of support: creating a closed drug formulary…

Court fight could have gained – or cost – Portsmouth millions, but judge rules for the status quo

Attorneys for the city and its largest taxpayer agreed last year on one key point: The city's 2015-2016 real estate tax assessment for Virginia International Gateway was off by at least $164 million. But after a nine-day trial…

Renewed focus needed on care for the mentally ill

For the past three years, Dr. Jack Barber served as the interim commissioner of the Virginia Department of Behavioral Health and Developmental Services, the agency charged with administering the commonwealth’s sprawling and complex mental health system….

Cox and Hugo: Why we didn’t raise taxes for Metro

Our 40-year-old Metro system is the third-busiest transit system in the country and integral to our region’s transportation system. Metro is a big part of the regional economy and a lifeline for many. Hundreds of thousands of…

 

Michael W. Woods
Senior Manager - Virginia

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

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