Economics & Economy

Economics & Economy
5:32 pm
Tue March 17, 2015

Helping Turn Ideas Into Businesses

Twelve Virginia localities are receiving money to turn their entrepreneurial ideas into a real business. 

The Building Entrepreneurial Economies program is providing 226 thousand dollars in funding to non-profits and local governments to help develop economies that foster job creation and expansion.  Amanda Pearson is with the state Department of Housing and Community Development.

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Economics & Economy
7:52 am
Thu March 12, 2015

Floyd's Own "Shark Tank"

Maybe you’ve seen that television show Shark Tank?  …Where would-be entrepreneurs pitch their ideas for new businesses? Well, Floyd County is doing something sort of like that as a way to spark economic development there.  

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Economics & Economy
5:07 pm
Thu February 12, 2015

Budget Day at the General Assembly

Credit File Photo

Both the House of Delegates and Virginia Senate today overwhelmingly approved their respective versions of the state’s spending plan.  Budget day at the Virginia State Capitol typically reveals how lawmakers really feel about the state of the Commonwealth and how dire things are.

A lot weighs heavily on the House budget, and Appropriations Chair Chris Jones insists that it has much of what Virginia needs-including pay raises for state employees, teachers, and state police, and no cuts to K-12 education.

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Piedmont CASA
11:58 am
Tue February 10, 2015

Poverty Simulation: Living Close to the Edge

Credit Piedmont Court Appointed Special Advocates

Sixteen percent of children in Virginia live in poverty, and one in four families is considered working poor.  They’re in contact with teachers and principals, social workers and psychologists, and in some cases, police and judges, but those professionals may not understand what it means to be poor.

Families with two kids who earn less than $24,000 a year fall below the poverty line, and with that comes some unique challenges.  Alicia Lenahan is president of Piedmont CASA, a group that advocates for abused and neglected children in court.

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Downtown Roanoke Office Building to Close
1:24 pm
Wed January 28, 2015

Norfolk Southern Jobs Move to Norfolk or Atlanta

Downtown Roanoke
Credit Norfolk Southern Corporation

Norfolk Southern is closing its office building in downtown Roanoke, affecting 500 employees. 

Norfolk Southern Spokesman Robin Chapman says employees were informed Tuesday morning. .

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