Economy

The casino resort, which opened Dec. 17, brought in more than $28 million in revenue in its first full month.

During the year that ended in October, about 9% of Appalachian’s residential customers experienced a disconnection. State regulators have ordered the utility to work with the Virginia Poverty Law Center to lower that number.

University President Tim Sands said in a message posted on Virginia Tech’s website that losing $13 million in research funding was possible if a Trump administration order goes into effect.

The tire manufacturer said most of the job reductions would occur by the end of this year. The move comes as the company shifts its commercial tire production to other facilities.

A GO Virginia-funded biotech collaboration is bringing almost $5 million to the Roanoke-Blacksburg region, to commercialize biotech research and medical device development.

The Iowa-based company owns newspapers in Bristol, Culpeper, Charlottesville, Danville, Fredericksburg, Lynchburg, Martinsville, Roanoke, Richmond and Waynesboro.

Mark Christie, who was named this month as chairman of FERC, grew up in coal country and spent 17 years on the Virginia State Corporation Commission.

The new rate is the result of a compromise reached between the utility and SCC staff.

The fiber-optic company, based in Roanoke, has not filed an accurate financial statement in more than a year, leading to a suspension from the Nasdaq Stock Market.