
Andy Schmookler: Capitalism’s proper role
During the Cold War, America capitalism was a positive influence, both as an idea and as a political force. The alternative was communism. The relative virtues were obvious.

During the Cold War, America capitalism was a positive influence, both as an idea and as a political force. The alternative was communism. The relative virtues were obvious.

The sequester that went into effect March 1 is a budget measure that cuts federal spending across the board to the tune of $85 billion, meaning every federal agency is affected and must reduce discretionary spending. Indeed, the cuts are already having a negative impact on everything from air quality monitoring to extreme weather response capability to staffing at national parks.

Gov. Bob McDonnell announced today that Hollister Incorporated, a global company that develops, manufactures and markets medical devices, will invest $29.6 million to upgrade machinery and expand its manufacturing plant in Augusta County.

Gov. Bob McDonnell today announced Red Sun Farms, a producer of high-quality hydroponic vegetables, will invest a total of $30 million to establish its first U.S. high-technology greenhouse production operation in Pulaski County. The company will erect climate controlled greenhouses on 45 acres of land in the New River Valley Commerce Park to grow quality greenhouse grown vegetables, creating 205 new jobs within five years. Virginia successfully competed against Tennessee for the project.

Food scarcity is a bigger problem than ever as human population numbers continue to swell, putting additional stress on already fragile food production and distribution systems. And it’s not just happening in far away places: A recent report by the U.S. Department of Agriculture found that the number of U.S. homes “lacking food security” rose from 4.7 million to 6.7 million in just the last five years.

Daikin McQuay, a subsidiary of Daikin Industries, Ltd., announced Wednesday that it will invest $9.2 million to expand its operation in Augusta County.

The House of Delegates voted 74-22 on Thursday to pass an amended state budget that fails to expand Medicaid, while the State Senate in a separate 36-4 vote approved an amendment to the budget that expands Medicaid to more than 400,000 poor Virginians.

UVa. football coach Mike London discusses his 2013 signing class with reporters. The class was ranked fourth in the ACC and #27 overall by Rivals.com.

After a multi-year battle that included intensive industry lobbying, multiple scientific and economic studies, and fierce opposition from a uniquely diverse coalition, a legislative effort to lift Virginia’s longstanding ban on uranium mining has failed.

The Shenandoah Valley Partnership is unveiling a new training database, the Shenandoah Valley Education and Training Database, that will list training and educational programs available from Valley colleges, universities and technical schools.
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