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Recent Articles from Kate Andrews
Making the grade
For Virginia Gov. Glenn Youngkin, this is the state’s rebuilding era. Although his Democratic predecessor, Gov. Ralph Northam, trumpeted Virginia’s unprecedented consecutive two-time run as CNBC’s Top State for Business, Youngkin has been critical of the state missing out to our Southern neighboring states on big manufacturing deals because of Virginia’s dearth of project-r[...]
It’s complicated
Going by media coverage alone, you’d be forgiven for thinking that 2021’s Great Resignation turned into “quiet quitting” in 2022, but as always, the national mood is more complicated than any two-word phrase could convey. There are still significant labor shortages in certain sectors — notably health care, education and skilled trades. And yes, a lot […]
Krone to step down as Leidos CEO; Rolls-Royce exec to replace him
Reston-based Fortune 500 contractor Leidos Chairman and CEO Roger Krone plans to step down from both positions this year, with Thomas Bell, the president of Defense Rolls-Royce plc and chairman and CEO of the company’s North American branch, succeeding Krone as CEO on May 4, Leidos announced Monday. Robert S. Shapard will become the company’s […]
Aument to step down from AECOM leadership role
Jennifer Aument, AECOM’s transportation chief executive, plans to step down from her job this spring, a decision she reached after surviving breast cancer. Based in Arlington County, Aument said in an interview this week with Virginia Business that she is now healthy, while adding, “It it hard to fully recover and get back your strength […]
Second Petersburg casino bill dies in Senate committee
Updated Friday, Feb. 17 Petersburg voters won’t get an opportunity to approve a casino this fall, and Richmond may get a second chance to vote on a casino referendum in 2023, state legislators decided Thursday in a 10-6 vote. However, the matter could come down to last-minute state budget negotiations. The Virginia State Senate’s Finance […]
It’s official — Ford plant going to Michigan
Ford Motor Co. announced Monday that it will build an electric vehicle battery plant in Michigan, a $3.5 billion project that Virginia was considered for until Gov. Glenn Youngkin pulled the state out of it late last year. Youngkin’s concern, he said in January, was over the involvement of China-based Contemporary Amperex Technology Ltd. (CATL), […]
ASM Global to develop, run GreenCity arena in Henrico
ASM Global will develop and operate the 17,000-seat arena at Henrico County’s $2.3 billion GreenCity development, county officials announced Monday. Billed as what will be the nation’s greenest arena with net-zero energy impact, the venue is set to be part of a multiuse community with a focus on environmental sustainability at the intersection of Interstates […]
Petersburg casino bill passes Va. House
The Virginia House of Delegates narrowly passed a bill Tuesday that would allow Petersburg residents to vote on a casino referendum this fall. The legislation moves next to the Virginia State Senate, where a similar bill died in committee. Del. Kim Taylor, R-Dinwiddie, sponsored HB 1373, which passed 49-44 in the full House vote, with […]
Morrissey’s Petersburg casino bill fails in Senate Finance
Updated Friday, Feb. 3 With an 7-8 no vote Thursday evening, the Virginia Senate Finance and Appropriations Committee killed state Sen. Joe Morrissey’s measure to bring a casino referendum to Petersburg’s ballots this fall. A similar bill in the House of Delegates, however, is still alive. A few days after receiving support from the Senate […]
Members only
Credit unions in Virginia would like to grow their membership, but a rule change relaxing the state’s policy is not in the cards this spring. This year’s short General Assembly session — in an election year with a split legislature — makes it harder to pass bills with any controversial elements, and any major expansion […]
