The US Department of Labor says updated regulations will increase income thresholds to ensure lower-income salaried employees are fairly compensated when they work more than 40 hours per week.
Money & Jobs
Biden administration bans noncompete clauses for workers
The new rule bans new noncompete agreements for the vast majority of American workers and requires employers to let current and past employees know they won’t enforce them going forward. Companies will also be required to throw out existing noncompete agreements.
VIDEO: After vetoes, Youngkin’s budget “olive branch unlikely to persuade Democrats
Can the Democrats in the General Assembly and Republican Gov. Glenn Youngkin really find "common ground" among his proposed state budget amendments? 🤨 WATCH Jessica Craven to fill you in. @vadogwoodnews Can the Democrats in the General Assembly and Republican Gov....
VIDEO: The minimum wage increase bill, Rejected
Why did Republican Governor Glenn Youngkin shoot down the minimum wage increase bills? Dogwood Social Media Manager Ki explains Youngkin's idea behind rejecting House Bill 1 and Senate Bill 1. @vadogwoodnews Why did Republican Governor Glenn Youngkin shoot down the...
After vetoes, Youngkin’s budget “olive branch” unlikely to persuade Democrats
Democrats expressed skepticism over Youngkin’s desire to find common ground in budget talks given how active the governor has been in vetoing their priorities. Republican Governor Glenn Youngkin extended a budgetary olive branch to Democrats in the General Assembly on...
VIDEO: How rejecting the minimum wage bill affects Virginians
Did you hear? Yes, it's true. Republican Governor Glenn Youngkin vetoed the minimum wage increase bills (House Bill 1 and Senate Bill 1). The minimum wage bill would have increased wages for over 600,000 workers in Virginia. @vadogwoodnews Did you hear? Yes, it's...
Budget deadlines loom for Youngkin, Democrats
Youngkin and Democrats have fought bitterly over an ill-fated major league sports arena and a slew of Democratic legislative priorities, raising questions over whether both sides can strike a budget compromise before the end of the fiscal year.
VIDEO: Will small businesses really be affected by a minimum wage increase?
Both Senate Bill 1 and House Bill 1 were introduced by Democrats and passed on party-line votes in the House of Delegates and Virginia Senate without any Republican support. Both bills passed out of the other chamber within the last few weeks. Republicans say they...
VIDEO: A digital goods sales tax could soon be coming to Virginia
Virginia's 2024–2026 budget bill seeks to increase the state sales tax rate and broaden sales tax to digital products and services. Carly breaks down exactly which digital products you may see a tax increase on. @vadogwoodnews Virginia's 2024–2026 budget bill...
VIDEO: Youngkin signs gay marriage bill, blocks gun safety and reproductive rights
Virginia’s Democratic-controlled General Assembly finished its work last week. Jessica Craven updates us on what you need to know about the bills Governor Glenn Youngkin passed and vetoed. @vadogwoodnews Virginia’s Democratic-controlled General Assembly finished its...