Economy

Business groups say they’re looking forward to what some say will be a warmer reception in Richmond after Republican gains in the November election. Labor leaders, meanwhile, say some of the changes would come at the expense of workers.

The continuing global pandemic hasn’t stopped people from shopping in person. According to the National Retail Federation, nearly 180 million people made in-store and online purchases over Thanksgiving. Many local businesses are also seeing an upswing in customers. But pandemic related issues are stifling some sales.

Richmond's urbanized area sprawls through three counties and four cities, but economist say dense developments could be encouraged through a change on the tax code.

Gov.-elect Glenn Youngkin is proposing tax cuts and changes to Virginia’s taxation system that experts say would severely underfund the commonwealth in education, transportation and social services.

Employees of Diversity Richmond who’ve been on strike for almost a week plan to return to work after their demands for safer working conditions at the LGBTQ+ nonprofit were largely met by the administration.

A state grant program meant to help small businesses and nonprofits didn’t reach all applicants equally. On average, Black business owners received less than half as much funding as white entrepreneurs from Rebuild VA, the state’s pandemic grant program, through January 2021.

At a Board of Directors meeting Tuesday, CEO Julie Timm told the board that riders can expect some service adjustments due to a driver and mechanic shortage. Timm said that they will be conducting recruitment efforts and try to reduce barriers for drivers to get their licenses quicker.

The COVID-19 pandemic has exacerbated staffing shortages at childcare centers across the country, including in Virginia.

In an announcement Thursday, Nabisco parent company Mondelez said that a tentative agreement has been reached. Workers have been striking to combat longer hours and low overtime pay.

Has Republican gubernatorial nominee Glenn Youngkin changed his position on axing Virginia’s personal income tax?