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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

News February 23, 2013

Cuccinelli’s opinion threatens transportation deal

RICHMOND Chances for an on-time adjournment of the General Assembly session today, including Senate passage of a landmark plan to provide billions of dollars for fixing Virginia’s crumbling roads, took a hit this morning when a tentative Medicaid expansion deal hit a snag.

News February 23, 2013

Legislators working to address Cuccinelli’s concerns

RICHMOND Key legislative leaders said this afternoon they have a legal way around the constitutional questions raised about Medicaid expansion by Attorney General Ken Cuccinelli.

News February 23, 2013

General Assembly passes sweeping roads legislation

RICHMOND The 2013 General Assembly achieved something Saturday that has eluded Virginia legislators for more than a quarter-century: a deal on a sweeping revenue package to raise hundreds of millions of dollars for state road needs.

News February 23, 2013

What does transportation package mean locally?

What will it cost me? The landmark transportation funding package that passed the General Assembly is projected to inject $3.5 billion into Virginia's transportation coffers over five years. Higher regional taxes in the legislation are expected to deliver an extra $173 million to $219 million annually to Hampton Roads, and $300 million to $350 million per year to Northern Virginia.

News February 23, 2013

Virginia Beach Del. Iaquinto won’t seek re-election

RICHMOND Del. Sal Iaquinto informed his House colleagues Saturday, the last scheduled day of the 2013 General Assembly, that he will not run for re-election. The Republican lawmaker has represented a district in southern Virginia Beach since 2006. Iaquinto, 44, told the House he wants to spend more time with his family. He and his wife, Stephanie, have three children.

News February 23, 2013

Va. lawmaker backs off on banning port privatization

RICHMOND A Hampton Roads lawmaker has backed off on enacting a legislative prohibition against privatizing the Port of Hampton Roads.

News February 23, 2013

Lawmaker to withdraw hurdle to port privatization

RICHMOND A Hampton Roads lawmaker has backed off on enacting a legislative prohibition against privatizing the Port of Hampton Roads.

News February 23, 2013

Va. budget funds state takeovers of failing schools

RICHMOND The state budget adopted Saturday by the General Assembly includes start-up money for a new state entity that would be empowered to take over failing local schools – potentially including three in Norfolk. But a Norfolk lawmaker still hopes to derail the initiative, a key education reform proposal from Gov. Bob McDonnell.

News February 22, 2013

American Taxpayer Relief Act of 2012: Two important tax breaks for businesses

Two important tax breaks for businesses were extended or reinstated as part of the American Taxpayer Relief Act of 2012, which was passed in early January 2013.

News February 22, 2013

Medicaid compromise close in Va. legislature

RICHMOND Virginia budget negotiators closed in on a deal Friday to include Medicaid expansion language in the state’s fiscal blueprint, a possible resolution on one of the more contentious issues left before the General Assembly in the final days of this session.

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Top Stories

Loudoun County data centers stock image

Developer pulls out of massive Charles City County data center

Kansas-based development company Diode Ventures has backed out of a massive data center campus in Ch[...]

An offshore wind turbine. A boat sits in the background.

US government halts nearly complete offshore wind farm. Is Virginia’s next?

The Trump administration last week halted construction on a nearly complete wind farm off the coast [...]

Winchester cabinet manufacturer closing Orange plant

MasterBrand to acquire American Woodmark in $3.6B deal

MasterBrand plans to acquire Winchester-based cabinet manufacturer American Woodmark in an all-stock[...]

A rendering of Commonwealth Fusion Systems' planned facility in Chesterfield County. Image courtesy CFS.

Chesterfield planners approve $2.5B+ nuclear fusion plant

The Chesterfield County Planning Commission unanimously recommended approving a permit Commonwealth [...]

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U.S. Department of Education finds GMU violated civil rights law

George Mason University has been found in violation of civil rights law, the U.S. Department of Educ[...]

Jefferson Lab seeks voluntary 7% workforce reduction

Jefferson Lab seeks voluntary 7% workforce reduction

Jefferson Lab Director Jens Dilling confirmed Thursday that the lab wants 7% of its workforce to agr[...]

People

Michael Steele has been appointed president and CEO of Activation Capital. Photo Courtesy Activation Capital.

Activation Capital taps new CEO

26/8/2025

Peraton taps new chief growth officer

Peraton taps new chief growth officer

11/8/2025

Thalhimer taps new commercial property services leader

Thalhimer taps new commercial property services leader

5/8/2025

Regions

Salem manufacturers plan expansions

Salem manufacturers plan expansions

Three advanced manufacturing operations with roots in Salem recently revealed plans to expand facili[...]

Port of Virginia nears finish of $450M dredging project

Port of Virginia nears finish of $450M dredging project

Seven years after the Port of Virginia launched a $450 million dredging project to become the deepes[...]

Trump coal policy changes could boost Southwest Virginia

Trump coal policy changes could boost Southwest Virginia

Southwest Virginia officials say President Donald Trump’s executive orders aimed at revitalizing t[...]

Transco pipeline to expand for Virginia power demand

Transco pipeline to expand for Virginia power demand

In May, Tulsa, Oklahoma-based energy company Williams announced an expansion of its Transcontinental[...]


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