Economy and Economics

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Governor McAuliffe says when he addresses lawmakers about the state's budget this week, he intends to talk about his new economic development package.

His initiative includes legislative proposals that the governor says are necessary to reduce the Commonwealth’s reliance on federal dollars.

Pasu Au Yeung, Creative Commons

As authorities in Hong Kong continue removing student occupiers from ‘protest camps,’ a Virginia Tech Professor remembers her experience teaching at Hong Kong University.

Sara Jordan, Assistant Professor at Virginia Tech's  Center for Public Administration & Policy, discusses the city’s fascinating transition after its 1997 return to China by the British.

Drones have gained global attention for their ability to spy on people in times of war, but these unmanned flying objects have plenty of peaceful  applications, and a Lynchburg man is pioneering one - swooping in to help realtors sell property.

When critics question how effectively the Virginia Tobacco Commission is using hundreds of millions of dollars the state received from the National Tobacco Settlement there's one project that always seems to come up.

It started five years ago as a $25-million grant to establish a medical school in Bristol. Since then the only two things that have been consistent about the plan are the absence of any apparent progress and the Tobacco Commission's continuing support.

Its official name is the Virginia Tobacco Indemnification and Community Revitalization Commission, but people just call it the Tobacco Commission.

Since 2000 it's spent more than a billion dollars on grants intended to do what its name implies – revitalize parts of Virginia devastated by the fall of the tobacco economy. 

The Commission has drawn the attention of many critics along the way.

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