RICHMOND, Va. — The state Senate voted Tuesday in favor of a bill that would prohibit holding a phone while driving a motor vehicle on Virginia roadways and which implements a penalty for the traffic violation. House Bill 874 will head to the desk of Gov. Ralph Northam, who has voiced support for prohibiting the
Moody’s designates it as a second-to-highest creditworthy entity.
Moody’s Investors Services upgraded the city of Richmond’s general obligation debt rating to Aa1, its second-to-highest creditworthiness rating, Richmond Mayor Levar Stoney announced Tuesday. A city’s credit rating determines the amount that a locality may borrow for capital projects, including schools. The city has not received an upgrade since 2014. With this change in rating,
Reston-based software firm Carahsoft is latest to earn certification in program that connects veterans to workforce
Reston-based computer software company Carahsoft Technology is the 1,000th employer to earn certification from the state government’s Virginia Values Veterans (V3) program, Gov. Ralph Northam announced Tuesday. Administered by the Department of Veterans Services, the V3 program is designed to connect Virginia veterans to the workforce, assisting with recruiting, hiring, training and retaining military veterans
Legislation closes loophole in federal law, extending protection for management-level employees
For employees who are pregnant or lactating, their workers’ rights are sometimes viewed as vague and can be difficult to discern for them and business owners alike. In Virginia, Sen. Jennifer McClellan, D-Richmond, hopes to clear things up once and for all. Her bill, SB712, is designed to expand upon the federal law that protects
The Lynchburg-based company has nearly $4 billion in Navy work.
A subsidiary of Lynchburg-based nuclear fuel supplier BWX Technologies Inc. (BWXT) was awarded approximately $1 billion in contracts from the U.S. Naval Nuclear Propulsion Program for the manufacturing of naval nuclear reactor components, the company announced Monday, bringing the company’s naval nuclear propulsion contracts up to nearly $4 billion. BWXT Nuclear Operations Group Inc. will
$112.3M must go to the 'rainy day fund'
A mid-session revised revenue forecast has resulted in the state government projecting a windfall of $292.5 million in additional revenues for fiscal year 2020, which ends on June 30, Gov. Ralph Northam said in a letter on Friday to the General Assembly Money Committees. According to state statute, $112.3 million of that $292.5 million is
The funding comes from four programs through HUD.
Nearly $95 million in federal funding has been earmarked for affordable housing in Virginia, U.S. Sens. Mark R. Warner, D-Virginia, and Tim Kaine, D-Virginia, announced Friday. The funding comes from the U.S. Department of Housing and Urban Development through four grant programs, including the Community Development Block Grant (CDBG) program, the HOME Investment Partnerships (HOME)
‘To legalize it now would not be good,’ says House Majority Leader Charniele Herring.
RICHMOND, Va. — Going into the 2020 legislative session, advocates say Democratic leaders had an ambitious marijuana reform agenda. By crossover day, several decriminalization bills passed their respective chambers, but hopes of legalization went up in smoke. Lawmakers, who say that the state isn’t ready for legalization yet, advanced decriminalization bills, incorporated a bulk of
BBC Research and Consulting will study opportunities for women- and minority-owned businesses.
The state will commission a Denver-based firm to conduct the first disparity study on procurement opportunities for women- and minority-owned businesses since 2011, Gov. Ralph Northam announced Thursday. The report is expected to be completed in December. The Department of Small Business and Supplier Diversity (SBSD) selected market research company BBC Research and Consulting to
An estimated 12 million Americans take out payday loans each year.
RICHMOND, Va. — Del. Mark Levine recalls receiving a $1,000 loan offer from a company with a 299% interest rate buried deep in the fine print. “As the company compounds daily at this interest rate, this loan would cost anyone desperate enough to accept this offer more than $20,000 in interest and fees if they