Vandeventer Black Edward J. Powers Elected as Secretary of the Maritime Law Association of the United States
Vandeventer Black LLP partner, Edward J. Powers, has been elected Secretary of the Maritime Law Association of the United States (MLA). The MLA was founded in 1899 with the objectives of advancing reforms in the Maritime Law of the United States, facilitating justice in its administration, promoting uniformity in its enactment and interpretation, and furnishing […]
PRESS RELEASE: Statement of Virginia Chamber of Commerce President on Virginia’s Position Within CNBC’s Top States for Business Rankings
July 13, 2022 FOR IMMEDIATE RELEASE: Richmond, Virginia – Today, CNBC released its America’s Top States for Business 2022 national rankings. CNBC graded states on 88 metrics in ten categories of competitiveness. This year’s rankings placed greater emphasis on workforce, infrastructure, and the cost of doing business. Based on Virginia’s 2022 scores, the Commonwealth was ranked the […]
School of Business Dean Brings Entrepreneurial Outlook to George Mason University
In a recent interview with Virginia Business, George Mason University’s Ajay Vinzé shared his ambitions as dean for the School of Business. The “educational entrepreneur” has his sight on addressing the evolving needs of students and the business community. He is a proponent of customizing program offerings allowing students to quickly earn credits directly related […]
Students Build Leadership Skills, Connect with Peers at REC’s Youth Tour
Fredericksburg, Va. — Every year, Rappahannock Electric Cooperative (REC) gives local students the opportunity to develop their leadership skills, connect with peers across Virginia, Maryland and Delaware and have fun while doing it. Last month, the 2022 Youth Tour headed to Williamsburg, Va. For one week, over twenty students from eight electric cooperatives learned about […]
Four Mary Washington Alums Named to Board of Visitors
The Virginia Governor’s Office announced today the appointment of four Mary Washington alumni to UMW’s Board of Visitors. Andrew Lamar ’07 of Midlothian, William “Lee” Murray ’04 of Fredericksburg, Davis Rennolds ’06 of Richmond and Terrie Suit ’16 of Bumpass will return to their alma mater as members of its governing board. Lamar is principal […]
Coffee roaster Massimo Zanetti Beverage to invest $29M to expand Suffolk facility – Expansion Expected to Create 79 Jobs
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The Breeden Company to Develop 15-Acre Apartment Community in Richmond, Virginia
Virginia Beach, Va.—The Breeden Company, the nationally recognized Virginia Beach-based real estate development firm, announced today they have closed on a 15.64 acre multifamily tract in the Chesterfield County area of Richmond, Va. The land parcel, located at the intersection of Route 288 and Genito Road, is expected to begin development Spring 2023 and be […]
UMW Prioritizes Access and Affordability With New Scholarship for In-State Undergraduates
The President and the Executive Committee of the Board of Visitors of the University of Mary Washington announced today the addition of a one-time scholarship to offset a 3% tuition increase for all in-state undergraduate students in the 2022-23 academic year, effectively keeping in-state undergraduate tuition at the same rate for four consecutive academic years. […]
AES Forms US Solar Buyer Consortium with Leading Solar Companies to Invest More Than $6 Billion on Solar Panels to Scale-Up Domestic Solar Manufacturing
ARLINGTON, Va., June 21, 2022 /PRNewswire/ — The AES Corporation (NYSE: AES) with leading US solar companies, Clearway Energy Group (Clearway), Cypress Creek Renewables and D. E. Shaw Renewable Investments (DESRI), today announced the formation of the US Solar Buyer Consortium to drive expansion of the domestic solar supply chain and support the growth of the American solar industry. […]
2022 Commonwealth of Virginia Tax Legislation
Taxes Imposed by Virginia Corporate Income Tax Business Interest Deduction. House Bill 1006 (Chapter 648) amends §§ 58.1-322.03 and 58.1-402 to increase the Virginia individual and corporate income tax deduction for business interest to 30 percent of the business interest disallowed as a deduction under the business interest limitation. Under current law, such deduction is […]
