Posts Tagged Business and Industry

Carrier Deal in Indiana Prompts New Debate About Economic Development In Virginia

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Credit: Carrier / United Technologies

President-elect Donald Trump was able to negotiate a deal to protect about a third of the Indiana jobs that air-conditioner maker Carrier was planning to ship to Mexico. The deal was struck not by threatening tariffs, but by offering $7 million in tax breaks as part of an economic development package. Michael Pope has this look at similar efforts in Virginia.

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Report: Decline in Manufacturing Employment Not Due to Overregulation

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Credit: Virginia Joint Legislative Audit and Review Commission

State regulations don’t seem to be hampering Virginia’s manufacturing businesses. That’s according to a new report from the Joint Legislative Audit and Review Commission, the state’s independent research agency. Mallory Noe-Payne reports.

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Virginia Wine Sales Reach Record Highs

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Credit: Mallory Noe-Payne / WVTF

Virginia wine is going places. Sales of state-made wine and hard-cider reached a record high in fiscal year 2016. Mallory Noe-Payne has the story.

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Critics of Predatory Lending Divided Over Best Way to Help Borrowers

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Credit: Taber Andrew Bain / Creative Commons

What’s the best way to protect people from predatory lending? One federal agency has a new proposal, but it’s getting mixed reviews — even among people who agree that something needs to be done. Michael Pope has the story.

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Local Governments Struggle with Handling Airbnb Tax Cheats

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Credit: Wikimedia Commons

The new disruptive economy is shaking up everything from the newspapers to the music business, and the latest target is the hotel industry. But local governments aren’t getting their cut of the action, at least not yet. Michael Pope has the story.

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Religious Leaders Call for Action Against Predatory Lending

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Credit: Michael Pope

Faith leaders from across Virginia are joining forces with religious figures from around the country to press federal regulators to take action against predatory lending. As Michael Pope tells us, the move comes in reaction to a new federal rule designed to protect consumers.

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