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Metro considering $200M in spending cuts
Move could lead to service cuts, shorter hours, layoffs
The Metro Board of Directors is contemplating $200 million in spending cuts to maintain a balanced budget in the event that federal CARES Act funding runs out, which could lead to service cuts, shorter hours and layoffs. On Friday, the board for the Washington Metropolitan Area Transit Authority (WMATA) voted on potential service cuts, schedule
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Va. hotel revenues drop again
Revenues declined by 48% when compared to same week last year
Published
Following a small improvement associated with the Labor Day holiday weekend, Virginia hotels saw a steep decline in revenues last week, according to data from STR Inc., a CoStar Group division that provides weekly market data on the U.S. hospitality industry. For the week of Sept. 6 through Sept. 13, hotel revenues decreased by 48%
Va. initial jobless claims slightly drop last week
Number of ongoing claims down 50% from May 16 peak
Published
Virginia saw a slight decrease in the number of initial jobless claims last week, the Virginia Employment Commission reported Thursday, but the number of ongoing claims has dropped to 50% from the May 16 filing week peak, when 403,557 Virginians filed for unemployment. For the week ending Sept. 12, 10,100 Virginians filed initial claims for
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Smithfield Foods to contest OSHA citation
Four employees died, 1.3K employees contracted COVID during April outbreak at South Dakota plant
Published
Smithfield Foods Inc. intends to contest a citation from the U.S. Labor Department stating that Smithfield failed to protect workers during an April outbreak at its Sioux Falls, South Dakota, plant, where approximately 1,300 workers contracted COVID-19 and four employees died. The Labor Department’s Occupational Safety and Health Administration (OSHA) proposed fining the world’s largest
Northam: Trump’s alleged comment about veterans ‘turns my stomach’
SCC extends utility disconnection moratorium through Oct. 5
Published
During a brief COVID-19 update Tuesday, Gov. Ralph Northam blasted President Donald Trump’s reported reference to wounded and killed U.S. veterans as “losers and suckers.” Northam has occasionally criticized the federal government for leaving the responsibility of accessing COVID-19 tests and personal protective equipment solely to governors and state officials instead of instituting a federal
Va. restaurants report consumer spending down, costs up
At least 100K restaurants in the U.S. have closed since pandemic began
Published
Consumer spending in Virginia restaurants remained well below normal levels in August while operational costs rose, according to a COVID-19 restaurant impact survey conducted by the National Restaurant Association. The organization surveyed 3,500 U.S. restaurant operators between Aug. 26 and Sept. 1. In Virginia, 87% of restaurant operators surveyed responded that their total sales volume
Va. sees fewer new COVID-19 cases, deaths last week
Positivity rate is 7.2%, although rural localities are seeing higher rates
Published
Virginia recorded 6,164 new COVID-19 cases and 57 fatalities from Sept. 8-14, bringing state totals to 134,571 cases and 2,743 deaths, according to the Virginia Department of Health. The state’s positivity rate is 7.2%, down from 7.7% last week. Several universities are reporting COVID-19 rates among students, faculty and staff members, although the universities are
Northam eases COVID-19 restrictions in Hampton Roads
Health metrics have improved significantly over past six weeks, governor says
Published
After more than six weeks, Gov. Ralph Northam eased COVID-19 restrictions in Hampton Roads localities Thursday, citing “significantly improved” health metrics. The region will join the rest of the state in Phase Three of the “Forward Virginia” plan, effective immediately. On July 31, the governor placed a ban on gatherings of more than 50 people,
Don’t expect hotel revenue improvement to continue, industry says
Lodging industry reps say summer tourism bump won't last
Published
UPDATED SEPT. 11, 2 P.M. Virginia hotel revenues saw some improvement last week, according to data released Thursday, but hotel industry representatives say it’s nowhere near enough to offset the “economically devastating” losses that the lodging sector has suffered this year due to the pandemic. For the week of Aug. 30 through Sept. 5, hotel
Va. saw slight increase in jobless claims last week
1.13M Virginians have filed initial claims since mid-March
Published
Virginia saw a slight increase in the number of initial jobless claims last week, the Virginia Employment Commission reported Thursday — bringing the total number of initial claims filed since mid-March to 1.136 million, or nearly 28% of the commonwealth’s pre-pandemic payroll employment. For the week ending Sept. 5, 11,135 Virginians filed initial claims for