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Government

Apr 17, 2024

Australian maritime co. to start sub/shipbuilding school in Hampton Roads

An Australian maritime company announced Tuesday it will set up a submarine and shipbuilding training institution in Norfolk for the short term and will seek a permanent home in Newport News. Quality Maritime Surveyors (QMS), based in the suburbs of Adelaide, Australia, is one of the pioneering companies to take the plunge into [...]

Apr 12, 2024

Youngkin appoints lottery director, tax commissioner and chief transformation officer

Gov. Glenn Youngkin announced three new hires in his administration Friday, including a new lottery director, chief transformation officer and tax commissioner. Khalid Jones, a hedge fund founder, attorney and licensing firm partner, was appointed director of the Virginia Lottery, assuming the role previously held by Kelly Gee, [...]

Raft logo
Apr 11, 2024

Reston software firm boosted by $60M investment

Raft, a Reston-based software engineering firm and government contractor, has received a $60 million investment from Washington Harbour Partners, a Washington, D.C.-based private investment firm. Founded in 2018, Raft will use the funds to “intensify its research and development efforts, significantly enhancing its command[...]

Apr 9, 2024

Senate Dems criticize Youngkin’s budget amendments

Virginia Senate Democrats had a lot of criticism Tuesday for Gov. Glenn Youngkin’s proposed reworking of the state’s 2024-26 budget but held back on saying whether they would vote yea or nay on his 233 amendments. Senate Majority Leader Scott Surovell, D-Fairfax, said late Tuesday afternoon that he and fellow legisla[...]

Apr 8, 2024

Youngkin removes tax cuts, RGGI mandate in budget

Virginia Gov. Glenn Youngkin on Monday released a slate of 233 amendments to the state budget passed by the General Assembly — calling it an opportunity for “common ground.” However, his budget removes language that would mandate Virginia’s future participation in the Regional Greenhouse Gas Initiative, which[...]

Pharrell Williams kicked off his three-day Mighty Dream Forum in Norfolk on Nov. 1. Photo by Robyn Sidersky/Virginia Business.
Apr 5, 2024

Pharrell biopic musical to film in Va. this year

Virginia Beach-born-and-bred entertainment superstar Pharrell Williams will film a movie this spring and summer in Virginia based on his childhood, Gov. Glenn Youngkin announced Friday. There had been rumors about the musical film project, called “Atlantis” in movie trade publications recently, but Youngkin confirmed[...]

Apr 3, 2024

Virginians wagered $545M on sports in February

Virginians bet $545 million on sports in February, 25.6% more than in February 2023, according to data released Monday by the Virginia Lottery. February’s handle was a 16.5% decrease from the $652.87 million Virginians bet in January. Virginia bettors won approximately $495 million in February and more than $587.5 million in J[...]

Apr 1, 2024

Second new SCC judge is sworn in

Attorney Kelsey A. Bagot was sworn in Monday as the newest judge on the Virginia State Corporation Commission, filling its three-commissioner bench for the first time since March 2022. The SCC’s panel was short two judges after the December 2022 resignation of Judge Judith Jagdmann, and nominations were held up by partisan pol[...]

Mar 29, 2024

Fort Monroe Authority exec director to retire

G. Glenn Oder is retiring as executive director of the Fort Monroe Authority in October, the authority announced Friday. Oder has led the FMA for the past 12 years after leaving the General Assembly, where he served as a state delegate from 2002 to 2012, representing the 94th District in the House of Delegates. “On [&helli[...]

Mar 28, 2024

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 dee[...]

Mar 28, 2024

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[...]

Danielle Poe was named Franklin County's new economic development director in March 2024. Photo courtesy Franklin County.
Mar 27, 2024

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 partnerships, F[...]

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