Economy


Dominion
Dominion wants more money for shareholders at customers' expense

The Virginia Poverty Law Center, federal and state agencies, and Walmart have joined together to speak out against Dominion Energy’s proposal to increase the profits its shareholders can earn, the Virginia Mercury reports. Dominion has asked the State Corporation Commission to increase its permitted return on equity (ROE) from 9.2% to 10.75%, which would allow...

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Volvo Trucks to add nearly 800 jobs in Pulaski but layoff workers in Dublin

Volvo Trucks will add 777 new jobs at its Pulaski County plant over the next six years, according to a report in the Roanoke Times. The jobs are the result of a $400 million project that will upgrade and expand the company’s existing plant and also build a new 350,000-square-foot facility designed for welding truck...

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Winners and losers in Virginia's special tax refund: GOP plan favors the rich

Republicans have set up a plan that will give Virginians a one-time tax refund check of up to $220 this fall, just weeks before the election. But there’s a catch — this special one-time tax refund won’t go to the people that need it most. Winners and losers: Most upper-middle class and wealthy Virginian taxpayers...

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How the "mother of states" treats women

Women make up 51% of the population in Virginia, but only 26.4% of the General Assembly. With that disparity in mind, we decided to take a look at how the laws passed (or not passed) by a predominantly-male, Republican-led General Assembly have affected women in Virginia.

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Trump administration backtracks, won't shut down rural jobs program after all

After weeks of backlash from lawmakers, the Trump administration has reversed its earlier decision to shut down nine Job Corps Civilian Conservation Centers, including the Flatwoods Job Corps Center in Coeburn, Virginia. The reversal will spare dozens of jobs in Coeburn and preserve the $6 million in economic activity that Flatwoods creates each year in...

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Want a special one-time tax refund? Make sure to file your state returns by July 1

Nearly 350,000 Virginia taxpayers who are eligible for a one-time tax return this year need to file their returns by July 1 to qualify for the payment. Individuals will receive $110 while married couples will get $220, but only if they file by July 1. The one-time payment, which is separate from regular tax refunds,...