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What will Amazon HQ2 look like? Arlington planners weigh in.
PenPlace is back under Arlington review
Arlington County Planning Division’s Site Plan Review Committee will review the layout and architectural design for PenPlace, the proposed second phase of Amazon.com Inc.’s East Coast headquarters, as well as the proposed public space, in its Monday night meeting. Meeting documents show the proposed layout of the Pentagon City site, which puts the would-be 354-feet
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Youngkin promises biz-friendly climate for Va.
Governor-elect, Va. Chamber agree: talent, lower taxes keys to growth
Published
Talent, taxes and regulations, broadband access and energy are the top concerns for Virginia businesses, according to survey results gathered for the Virginia Chamber of Commerce’s Blueprint Virginia 2030, an action plan for strengthening Virginia’s economy. And those are also priorities for Gov.-elect Glenn Youngkin, he said Friday in a speech during the Virginia Economic
New Va. unemployment claims fall by 50%
Continued claims rise by 7,000 over past week
Published
The state’s new unemployment claims for the filing week ending Nov. 27 fell by about 50% from the previous week, while continued claims rose by more than 7,000 filings. The Virginia Employment Commission installed a new unemployment insurance system in November, and it missed two weeks of reports during that period. According to the VEC’s
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Virginians bet record $427M on sports in October
Betting revenue up 45% from September
Published
Virginians bet $427 million in October, a new monthly record, according to data released Wednesday by the Virginia Lottery. Virginia sports bettors won $397 million that month, the lottery announced. Virginia has recorded $2.4 billion in wagering since the state legalized sports betting in mid-January, as well as $206 million in gross gaming revenue, including
Altria can’t sell IQOS device in U.S. after ITC ruling stands
Biden administration did not interfere
Published
Henrico County-based Altria Group Inc. and former subsidiary New York-based Philip Morris International Inc. can no longer sell the IQOS tobacco heating device in the U.S. after the Biden administration’s 60-day administrative review process concluded Monday. On Sept. 29, the U.S. International Trade Commission determined that the IQOS device violated two of rival R.J. Reynolds
In memoriam: Va. Gov. Linwood Holton
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The iconic fall 1970 photo of Virginia Gov. Linwood Holton escorting his daughter Tayloe to majority-Black John F. Kennedy High School is the enduring image of the Republican governor’s term. “He was fiercely independent,” says A.E. Dick Howard, the University of Virginia law professor who led the 1970 campaign to ratify a new state Constitution
2021 Political Roundtable: Surfing Va.’s red wave
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The day after Election Day, Virginia Business’ six Political Roundtable panelists hashed out what they think the next year will be like in a Richmond where Republicans are roaring back to power. Gov.-elect Glenn Youngkin, a first-time political candidate and multimillionaire former private equity CEO, defeated former Gov. Terry McAuliffe, leading a GOP sweep of
VEDP board taps interim president
Jason El Koubi has been with VEDP since 2017
Published
The Virginia Economic Development Partnership Board of Directors’ executive committee voted unanimously on Nov. 17 to name Jason El Koubi interim president and CEO of the partnership, effective Jan. 1. VEDP’s executive vice president, El Koubi has been with the organization since July 2017. “We have succeeded because we have a highly talented, dedicated team,
Stafford supervisor elected to head VACo
Meg Bohmke was elected Nov. 16
Published
Stafford County Supervisor Meg Bohmke was elected the next president of the Virginia Association of Counties (VACo) at the group’s annual conference in Norfolk on Nov. 16. Bohmke succeeds Fairfax County Chairman Jeffrey C. McKay and becomes the second president from Stafford to lead the association, following Ferris M. Belman who led the group from
Va. unemployment rate dropped to 3.6% in October
October marks 17th month of declining rate
Published
In October, Virginia’s unemployment rate fell to 3.6%, 0.2 points below September’s rate, Gov. Ralph Northam announced Friday. The state’s unemployment rate has declined for 17 months straight. In October 2020, the jobless rate was at 5.3%, 2.5 points higher than last month. The labor force increased by 5,918 to almost 4.26 million, and the number