The legislation comes as Virginia’s state universities have resisted calls to be more forthcoming about how they are complying with new compensation rules, which took effect last July, that allow schools to pay athletes directly.
Economy
Posted inEconomy
AeroFarms tells state permanent closure still a possibility
The indoor agriculture firm has received short-term funding but might still have to close its Southside facility in late February, company officials said.
Posted inEconomy
Yokohama Tire to lay off 392 in Salem, considers closing plant
The company said its reduced production will begin in March.
Posted inEconomy
Infinity Global announces expansion in Danville, bringing 150 new jobs and nearly $35 million in investment
The packaging company will begin the expansion immediately, a local official said.
Posted inEconomy
Bristol seeks larger cut of casino revenue, but other localities balk at giving up their share
Bristol officials say they should get more money because the city must provide services such as police and fire protection. They’re asking state legislators for help.
Posted inSports
Virginia colleges resist disclosing athletic revenue-sharing
While Virginia Tech launches a massive $229 million campaign to compete nationally, college officials across the state are guarding financial details, refusing to release revenue-sharing records that are public at other ACC schools.
Posted inEconomy
Southwest Va. ‘resilience hubs’ aim to support communities during disasters
Two sites in the towns of Duffield and Dungannon will get solar power and battery storage to keep the lights on during weather emergencies.
Posted inEconomy
Roanoke Gas seeks rate increase
Regulators approved a rate increase in April, but the company says it continues to feel pressure from inflation.
Posted inEconomy
AeroFarms remains open, perhaps only temporarily
While the vertical farming company sent out a news release touting new investment that will allow its Pittsylvania County facility to remain in operation, a letter to the state says it may yet close this month.
Posted inEconomy
GO Virginia awards technology, life sciences grants
Among the projects to receive funding: an initiative to strengthen startups and a workforce development effort.