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Youngkin vetoes cannabis, minimum wage legislation
Virginia Gov. Glenn Youngkin vetoed legislation Thursday that would have put Virginia on the path to a $15 per hour minimum wage and set up a retail cannabis market, killing bills that were important to Democratic state legislators he blamed for torpedoing the $2 billion Alexandria sports arena deal he’d championed. Amid a[...]
General Assembly tackles consumer transparency, fails to fix ticket service fees
RICHMOND — Virginia lawmakers, in alignment with recent federal attempts, introduced consumer protection bills to tackle surprise tickets fees and recurring subscriptions, but only one measure passed. Autorenewal notification updates — passed Del. Michelle Maldonado, D-Manassas, introduced House Bill 744 to update current st[...]
Franklin County names economic development director
Roanoke County’s assistant director for economic development, Danielle Poe, will start her new job as director of economic development for Franklin County on April 15. Since joining Roanoke County in 2022, Poe has been responsible for real estate development, business retention and expansion and key community partnership[...]
Washington Wizards, Capitals reach deal to stay in D.C.
The Washington Wizards and Capitals NBA and NHL teams are staying put in the District of Columbia and will not be moving to Alexandria, according to announcements from Washington, D.C., and Virginia officials Wednesday. These events put the final nail in the coffin of a controversial $2 billion Alexandria arena proposal touted b[...]
‘Bipartisanship’ fizzled in General Assembly this session
RICHMOND, Va. — Democrats and Republicans emphasized bipartisanship and working across the aisle after the election, in press conferences and throughout the legislative session, but the sentiment seemed to fizzle by the end. Lawmakers wrapped up the busy 60-day session on March 9 after they passed a biennial budget and ove[...]
First of two new SCC judges sworn in
Samuel T. Towell, a former Virginia deputy attorney general and Smithfield Foods associate general counsel, was sworn in Wednesday as the Virginia State Corporation Commission’s newest judge. The SCC governs utilities, state-chartered financial institutions, securities, insurance, retail franchising and the Virginia Health[...]
Va. casinos report $57.3M in Feb. revenue
Gaming revenues from Virginia’s three casinos totaled $57.3 million in February, according to Virginia Lottery data released Friday. The Bristol Casino: Future Home of Hard Rock temporary facility opened July 2022, making it Virginia’s first casino. The Virginia Lottery Board approved HR Bristol’s casino licens[...]
Fed’s Fifth District economy stays the course
Economic activity in the Federal Reserve’s Fifth District was little changed in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released March 6. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions gathered from the nation̵[...]
Former US Treasury Secretary Snow to retire from Armada Hoffler board
Former U.S. Secretary of the Treasury John Snow will retire from real estate firm Armada Hoffler’s board of directors, the Virginia Beach company announced this week. Snow, 84, has served as a director since Armada Hoffler went public in 2013 and served as lead independent director from 2013 to 2019. He was treasury secret[...]
Youngkin: Va. Senate making ‘colossal mistake’ in rejecting arena
After news broke Wednesday that Virginia lawmakers had dropped all mention of the proposed Alexandria sports arena authority in their amended 2024-26 state budget, Gov. Glenn Youngkin responded Thursday by blasting the Democratic-controlled Virginia State Senate’s leadership, which has killed every opportunity for a floor [...]
Virginians bet nearly $653M on sports in January
Virginians bet more than $652.87 million on sports in January, up 27.2% from January 2023, according to data released Friday by the Virginia Lottery. January’s handle is a 3.11% increase from December 2023, when Virginians bet about $633 million on sports. Virginia bettors won more than $578.5 million in January and more t[...]
