Posts Tagged business

Airbnb Hosts May Soon Have to Pay Lodging Tax in Virginia

Airbnb Logo

Credit: Wikimedia Commons

For now, the thirty five hundred Airbnb hosts in Virginia operate largely in the shadows. The vast majority of those businesses pay no taxes, and they are not regulated by local governments in a way similar to hotels or bed and breakfasts. But, as Michael Pope tells us, that’s about to change.

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Religious Leaders Call for Action Against Predatory Lending

Willie Gable

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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Critics Say New Federal Rule On Predatory Lending Doesn’t Go Far Enough

Payday Lender

Credit: frankieleon / Creative Commons

The federal government is about to move forward with a new rule designed to protect consumers from predatory lending. But critics say the rule doesn’t go far enough. Michael Pope has the latest in his ongoing investigation into predatory lending.

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Local Governments Leading Airbnb Regulation Efforts

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Credit: Open Grid Scheduler / Grid Scheduler / Creative Commons

As state leaders argue over how to craft regulations overseeing Airbnb, local governments are moving forward with their own rules. Michael Pope has the story.

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Political Campaign Season Provides Unique Business Opportunity

Trump Buttons

Credit: Darron Birgenheier / Creative Commons

For some people, campaign hats, buttons and t-shirts are ways to show they’re involved in the political system. For some, it’s about loyalty to a party or a candidate, the same way some people might wear a Virginia Tech shirt or a University of Virginia hat to support their favorite university. For some people, as Tim Thornton reports, campaign swag has more to do with income than ideology.

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Federal Lawsuit Reveals Dark Underworld of Payday Loans in Virginia

Payday Lender

Credit: frankieleon / Creative Commons

A class-action federal lawsuit against a payday lender may break new legal ground next month. That’s when a Virginia judge could deliver a ruling that will absolve hundreds of people from loans worth about a half a million dollars. Michael Pope has the story as part of his ongoing investigation into predatory lending.

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Airbnb Stirs Debate Amongst Virginia Lawmakers

Airbnb

Credit Open Grid Scheduler / Grid Scheduler/ Creative Commons 

The new gig economy is already disrupting businesses across Virginia, although the future of how they will be regulated is still an open question. That’s why state leaders from across the commonwealth will convene in Richmond later this week to hammer out the details about the future of short-term property rentals through Airbnb. Michael Pope has the story.

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ACA Financial Guaranty Sues City of Buena Vista over Unpaid Municipal Bonds

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Credit Creative Commons/Doug Kerr

The long-running legal battle involving bonds issued by the City of Buena Vista and the company that insures those bonds has taken a new turn. Fred Echols reports.

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Virginia Lawmaker Fights to Outlaw Forced Arbitration Clauses

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Rep. Don Beyer, D-Va.; Courtesy of Creative Commons/Aimee Custis Photography

Major corporations across the country are increasingly adding language to contracts to prevent lawsuits, a controversial practice that is coming under increased scrutiny. The provisions, known as “forced arbitration clauses,” apply to everything from getting a credit card to accepting a job offer. And now one Virginia lawmaker says these provisions should be outlawed. Michael Pope has this report.

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