Virginia Business – Page 3

Youngkin: Federal jobs cuts need to happen, Virginia has plenty of ‘good jobs’ available

17Apr

By watchfuleyeNo Comments

Business, News

Youngkin: Federal jobs cuts need to happen, Virginia has plenty of ‘good jobs’ available

Governor Glenn Youngkin continues to show support for the Trump administration’s federal job cuts while also remaining optimistic about the Virginia’s financial position and outlook. Federal cuts needed Explaining his position on CNBC, the governor said the reality is that running $37.5 trillion in debt and adding $2 trillion a year “is not just unsustainable. But I think it’s to the detriment of the future of the country.” “So, this has to happen. We need to rein in spending and establish fiscal reality back into the federal government,” he stated. Muted impact Virginia is estimated to have 144,000 federal workers. But Youngkin pointed out that first-time unemployment claims have remained steady, and the state hasn’t really seen the impact of the federal job cuts yet. “...

Booz Allen Hamilton throws more cash to settle federal allegations, topping $16 million in 2025

10Apr

By watchfuleyeNo Comments

News

Booz Allen Hamilton throws more cash to settle federal allegations, topping $16 million in 2025

Last week, Booz Allen Hamilton (BAH), a McLean-based government contractor, struck another deal with the U.S. government, boosting its federal settlements for 2025 to over $16 million. In the latest case, BAH Inc., agreed to pay the U.S. government $422,557 to address allegations of overcharging for the labor of one employee. According to the U.S. Attorney’s Office for the Eastern District of Virginia (EDVA) federal investigators compared invoices, timesheets, and badge swipe data for entering and exiting a secure facility and alleged that the government was billed for services a BAH employee didn’t provide. BAH didn’t admit wrongdoing but agreed to pay to have the matter resolved. EDVA said this investigation came from BAH making a contractor disclosure. So, the company was gi...

Check eligibility for settlement money from prescription drug case, Virginia AG urges

27Mar

By watchfuleyeNo Comments

News

Check eligibility for settlement money from prescription drug case, Virginia AG urges

Attorney General Jason Miyares is calling on Virginians who purchased certain generic prescription drugs between May 2009 and December 2019 to check their eligibility for compensation following a $39.1 million settlement with generic drug manufacturer Apotex. The settlement is linked to allegations that Apotex conspired to inflate prices and limit competition, impacting consumers' financial well-being. Who Might Be Owed Money? Virginians who purchased generic prescription drugs between May 2009 and December 2019 may be eligible for compensation. There’s an extensive list of generic prescription drugs at issue. Save time, money & hassle w/ Walmart Business: Low prices, Scan & Go, Free shipping, Free delivery, 2% back in rewards What Steps to Take: T...

Target opening distribution center in New Kent

19Mar

By watchfuleyeNo Comments

Business, News

Target opening distribution center in New Kent

Target is set to start construction on a distribution center in New Kent at the end of the month, according to an announcement from the County. The 1.4 million sq. ft. facility will be located just off I-64’s Exit 211 at Forge Logistics in the southwest quadrant of the New Kent City Center. Target will build on property it purchased earlier this month. Coinciding with that acquisition, earlier in March, Target also rolled out strategic plans to drive more than $154 billion in sales growth by 2030. Part of that strategy includes investing in the supply chain network to reach more consumers and get products to them faster. “Updates and expansions across the company's supply chain network will move inventory with more speed, accuracy and efficiency,” the company stated. The distri...

Claytor Lake State Park resumes normal operations after months of Helene cleanup

5Mar

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Popular

Claytor Lake State Park resumes normal operations after months of Helene cleanup

The job required modular barges, tugboats, and excavators, not to mention time, but the post-Hurricane Helene debris removal at Claytor Lake State Park in Dublin is complete, Virginia Department of Conservation and Recreation (DCR) announced this week. Claytor Lake was one of nine Virginia State Parks DCR closed in 2024 due to severe damage from Hurricane Helene. Claytor Lake after cleanup (Photo: DCR) “The cleanup of Claytor Lake is a testament to the resilience and dedication of our federal and state agencies, park rangers and community members,” said DCR Director Matt Wells. The department noted that the U.S. Army Corps of Engineers (USACE), FEMA, Virginia Department of Emergency Management, Friends of Claytor Lake, and DCR contributed to completion of the mission to get park c...

Comments accepted: Proposed VA to PA transmission line & substation

28Feb

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Business, News, Trending

Comments accepted: Proposed VA to PA transmission line & substation

Maryland Department of Natural Resources will host an informational meeting on March 13 to gather public feedback on the Mid Atlantic Resiliency Link (MARL), a transmission line that’s slated to stretch from Frederick County, VA to Greene County, PA. According to NextEra Energy, the transmission company responsible for the project, MARL is part of broader effort to strengthen the backbone of the region’s energy grid. The proposed transmission line is expected to stretch about 105 miles and includes adding a new 500/138-kV substation in Frederick County, VA. But the exact route hasn’t been chosen yet, the company says. That’s why Maryland DNR is hosting the meeting. There’s a possibility that the line could run through western MD, the department said. And Maryland wants to understand ...

Youngkin unveils sites promoting VA’s 250,000 open jobs & aiding former federal employees

25Feb

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Trending

Youngkin unveils sites promoting VA’s 250,000 open jobs & aiding former federal employees

Gov. Glenn Youngkin unveiled new state resources Monday aiming to connect job seekers with job opportunities and provide the pathway forward for federal workers facing job loss. Speaking at an event held at the Capitol One headquarters in McLean, the governor “the evolution of opportunity in the Commonwealth. It has been unlocked and there is an open door to walk through to take advantage of it. And anyone can find that open door through VirginiaHasJobs.com.” The website VirginiaHasJobs.com is a new state resource showcasing and connecting jobseekers to the more than 250,000 open positions that the governor reports there to be in Commonwealth. “From Day One, I declared that Virginia was open for business, and we’ve worked tirelessly to deliver on that promise,” said Youngkin....

Chesapeake Regional Medical Center charged for federal healthcare fraud

9Jan

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Popular

Chesapeake Regional Medical Center charged for federal healthcare fraud

Chesapeake Regional Medical Center (CRMC) has been hit with federal charges for healthcare fraud associated with the unnecessary surgeries performed by the now-convicted Dr. Javaid Perwaiz. Perwaiz convicted Based on the evidence at his trial in 2020, Perwaiz performed irreversible hysterectomies, improper sterilizations, and other medically unnecessary surgeries and procedures on patients from at least 2010 and 2019. During that period, Perwaiz caused approximately $20.8 million dollars in losses to private and government health care insurers, court documents show. “In many instances, Perwaiz would falsely tell his patients that they needed the surgeries because they had cancer, or to avoid cancer, in order to induce them to agree to the surgeries. Many of the surgeries occurred ...

Martinsville, VA doctor convicted of 467 federal drug charges

8Jan

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News, Popular

Martinsville, VA doctor convicted of 467 federal drug charges

After 16 hours of deliberation, a jury in the U.S. District Court in Abingdon found Dr. Joel Smithers guilty of 467 counts of federal drug violations. Those charges stemmed from Smithers, a doctor based in Martinsville, illegally prescribing Schedule II drugs including oxymorphone, oxycodone, hydromorphone, and fentanyl. “Patients trust doctors to make decisions based on their healthcare needs, not a perversion of their own greed,” Acting United States Attorney Zachary T. Lee said after the conviction. “For many years, this defendant betrayed the trust placed in him by his patients, his community, and the medical profession as a whole through his illegal distribution of thousands of medically unnecessary opioids. According to evidence presented at trial, after Smithers opened the ...

Why Virginia’s 2025 minimum wage hike is only $.41

2Jan

By watchfuleyeNo Comments

Biz & Life

Why Virginia’s 2025 minimum wage hike is only $.41

As of January 1, Virginia’s minimum wage inched up from $12 to $12.41 giving a full-time, minimum wage employee an additional $65.60 a month based on a 40-hour work week. Virginia’s minimum wage could have increased to $15 an hour this year. During the 2024 session, the General Assembly voted in favor of the higher increase, but the final call was made by Governor Youngkin who vetoed the bill. The governor said, “The free market for salaries and wages works.” He claimed the increase would be detrimental for small businesses across the state, except perhaps in Northern Virginia. "A one-size-fits-all mandate ignores the vast economic and geographic differences and undermines the ability to adapt to regional cost-of-living differences and market dynamics,” the governor stated. But...