Banking and finance experts optimistic but cautious regarding new administration’s impact
The banking and finance industry could see gains under the incoming federal administration, those in the field say, with President-elect Donald Trump‘s proposed plans of a lower-interest-rate environment coupled with lighter regulatory oversight on the horizon. They also note, however, that many proposals may never come to fruition or take some time before their impacts […]
Health care sector gears up for second Trump administration
Following Donald Trump‘s 2024 election win to secure a second term in office, sectors such as health care are gauging what his victory will mean for their industry over the next four years — and beyond. As with a number of topics on the campaign trail, such as immigration, the economy, national security, and more, […]
‘Drill, baby, drill’ mantra ignites optimism for energy industry
Between a sour economy, stubborn inflation, mayhem at the border, war around the world, and countless other political issues in this election cycle, there was little time to outline platforms in detail. So when it came to energy policy, President-elect Donald Trump would simply say “drill, baby, drill” and rally crowds would go wild. It’s […]
Farm Bill, industry growth among agricultural leaders’ priorities in 2025
Anticipating President-elect Trump‘s impact on agriculture in his first 100 days of office, industry experts say they are concerned about the fate of the Farm Bill and how the agriculture industry will sustain itself amid rising production costs, labor shortages, and soaring land costs. In advance of the election, the American Farm Bureau Federation (AFBF), […]
Inova pays $2.37M to settle False Claims Act allegations
Three Inova Health entities have agreed to pay more than $2.37 million to settle claims that Inova submitted Medicaid claims containing falsified information. The U.S. Attorney’s Office for the Eastern District of Virginia announced on Friday the agreement with Inova Health System Foundation, Inova Health Care Services and Inova Physician Partners, settling the False Claims […]
If Trump cuts federal workforce, Warner predicts ‘disaster’ for Va.
U.S. Sen. Mark Warner said Thursday he hopes President-elect Donald Trump won’t pursue massive cuts and relocations in the federal workforce — because if he does, it would be a “disaster for Virginia’s economy,” particularly in Northern Virginia and Hampton Roads. “We would get hit worse than any other state,” Virginia’s senior senator said. Warner, [&he[...]
Former NFL, U.Va. football player indicted on embezzlement charges
Real estate developer Christopher A. Harrison, a former University of Virginia and NFL football player, was indicted last week on federal embezzlement charges connected to a downtown Richmond residential project and Petersburg’s former Ramada Inn, which he purchased in 2018 to redevelop. According to a news release by the U.S. Department of Justice, a grand […]
Broadband aid
A couple of Holstein cows poke their heads through the metal gates of the barn as Mark Sowers fiddles with one of his most important pieces of farm equipment — a smartphone. Sowers opens an app on his phone that gives him real-time information from the nearly 300 milking cows that roam Huckleberry Dairy, the […]