Economy and Economics

Why Virginia Loses Jobs

Oct 20, 2015
Watchdog.org

Governor Terry McAuliffe predicts Virginia will have 1.5 million job openings in the next decade -- fueled by the retirement of 900,000 baby boomers.  He hopes to see 600,000 new positions but says it isn't always easy to attract new business to the Commonwealth.  Sandy Hausman has that story.

Governor Terry McAuliffe wants to be known as the man who generates jobs, but he admits Virginia is not always an easy sell.  He recently asked the CEO of Canon to build its global research and development center here and was told …

Hiding from the Taxman?

Oct 16, 2015

Revenues for the state’s general fund are up nearly ten percent from last year, according to the governor’s office.  Terry McAuliffe cites an improving economy, but critics say Virginia would be doing far better if corporations paid their fair share of taxes. 

Seeing homelessness with greater clarity is the goal of an exhibit of photographs taken by homeless women and children.  They were given disposable cameras and asked to take pictures through their days. Tab O'Neal went to the exhibit in Lynchburg and spoke with David Neumeyer, Vice President of the James River Council for the Arts and Humanities and Sarah Quarantotto, executive director of Miriam's House, about the women and photographs that tell so many stories.

It’s early to be thinking about Thanksgiving and Christmas, but one Richmond company is in full holiday mode.  

On a quiet afternoon, Mark Sauer sits in the large executive office of a company founded by his great, great grandfather.  There’s an old  photo of his uncle delivering products from a donkey cart, and color portraits that underscore the history of the firm.

“This is CF Sauer.  This is CF Sauer, Junior.  That’s my father, CF Sauer, the third, and this is my brother, CF Sauer, the fourth.”

Over the years, each has overseen the manufacture of pure vanilla.

Cyclists Move On

Sep 28, 2015

The world road biking championships wrapped up in Richmond this weekend… Initial fears about slow-to-appear crowds disappeared by the time the largest race happened Sunday. Preliminary numbers show more than 600,000 spectators showed up for the event.

The height of the action on Sunday’s 10-mile course was Libby Hill...

“Look at the wall of fans, it’s like a theater here in Libby Hill. What a fantastic site!”

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