New federal per diem rates provide bump for hotels
The federal government’s fiscal 2024 per diem reimbursement rates — released Aug. 16 by the General Services Administration — will largely benefit Virginia’s hotels, but not necessarily its restaurants. The continental United States (CONUS) rates — dictating lodging allowances and meals and incidental expenses (M&IE) for federal employees while traveling — will be effective[...]
‘A generational shift’
Updated June 29 Politicians like to suggest every new election is the most important of our lifetimes, but Virginia’s off-off-year state legislative elections in 2023 might actually live up to the billing for once. In November, voters will elect representatives to all 140 seats in the Virginia Senate and House of Delegates, in the first […]
SCHEV director to step down
Peter Blake, the long-time director of the State Council of Higher Education for Virginia (SCHEV), will step down by the end of the year, SCHEV announced Thursday. Blake has been director of SCHEV since 2012. The state higher education agency makes policy recommendations and approves new degree programs and schools within universities. During Blake’s tenure, […]
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), […]
Gloves off
Although many political observers doubt there will be much legislation of major significance passed by the split legislature this year, Sen. Joe Morrissey, D-Petersburg, is gambling on a productive 2023. As one of a slight Democratic majority in the Virginia Senate, the only state body currently under the party’s control, Morrissey is in an enviable […]
Former commerce secretary returns to Williams Mullen
Former Virginia Secretary of Commerce and Trade Brian Ball is returning to his former law firm, Williams Mullen. Ball rejoined Williams Mullen on Oct. 10 as of counsel in its corporate section, supporting and serving the firm’s Economic Development Team and aiding clients with business expansion needs. He’ll be based in the firm’s Richmond office. […]
Roanoke County names economic development director
Megan Baker will be the next director of economic development in Roanoke County, the county announced Monday. Baker will start Oct. 24. She will replace Jill Loope, who announced her retirement in July. Loope will assist with Baker’s transition, then head up the tourism department in Roanoke County’s parks, recreation and tourism department until she […]
Virginia Lottery reports record $3.75B in revenue
The Virginia Lottery posted record sales of $3.75 billion and a record of almost $779.6 million in profits for fiscal year 2022, the lottery’s board announced Tuesday. Sales increased roughly 15% from last year, and the lottery’s profits increased about 1.9% over the prior fiscal year’s record. The lottery’s fiscal year ends on June 30. […]
Va. Food Industry Association taps new exec director
Melissa Assalone is the Virginia Food Industry Association’s new executive director, the Richmond-based association announced Wednesday. Assalone, who previously served as deputy legislative director in Gov. Ralph Northam’s administration, assumed the role on Monday. She succeeds Parker Slaybaugh, who is now Virginia’s chief deputy secretary of agriculture and forestry. “Meli[...]
Rainmaker-in-chief
On Aug. 29, 2005, Jason El Koubi’s first day as research and policy director for Louisiana’s Baton Rouge regional chamber of commerce, Hurricane Katrina slammed into the state, resetting El Koubi’s and the state’s trajectory. It was a fast lesson in crisis management, but also one in economic transformation. That job was among his first […]
The Royals of Regent
Although Lynchburg’s Liberty University has grabbed plenty of headlines in recent years, Virginia Beach-based Regent University can more than hold its own as a politically influential private Christian institution. Founded and still run by the 92-year-old televangelist and culture warrior M.G. “Pat” Robertson, Regent now has 11,000 students, 80% of whom are enrolled online. The […[...]
Youngkin sworn in as Virginia’s 74th governor
RICHMOND, Va. — Republican Glenn Youngkin was sworn in Saturday as Virginia’s 74th governor on the steps of the state Capitol. The political newcomer and former private equity executive is the commonwealth’s first Republican governor since Bob McDonnell, who took office in 2010. The commonwealth also made history in electing Republicans Winsome Sears as lieutenant […]