Virginia

Amazon applies for first incentives for HQ2: As much as $152 million

Published

2 years ago

April 13, 2023

Amazon applies for first incentives for HQ2: As much as 2 million

Amazon has requested its first spherical of financial incentive funds from Virginia, the corporate and state officers have confirmed, kicking off a course of which means it might obtain greater than $152 million in state cash by summer time 2026.

In keeping with the phrases of a deal negotiated 4 years in the past, the tech large stands to obtain as much as $773 million in efficiency grants from state and native officers for the second headquarters it’s constructing in Arlington. (Amazon founder Jeff Bezos owns The Washington Submit.)

The primary part of that giant campus, a set of 22-story towers on the sting of Crystal Metropolis and Pentagon Metropolis, is to open in June. Firm executives mentioned final month that they might pause the second part of building, which incorporates three extra towers in addition to a futuristic Helix simply throughout from the Pentagon.

Virginia’s incentives for Amazon are primarily based on how many individuals the corporate has employed towards its said aim of making 25,000 new jobs within the commonwealth. Beneath the deal, state officers can pay the corporate $22,000 for every full-time job that pays a mean wage of $150,000.

Amazon has constantly been forward of schedule on hiring — as of final month, it had taken on greater than 8,000 staff to work at HQ2 — and it might have begun making use of for incentives as early as three years in the past and obtained its first funds beginning this summer time.

From 2020 by 2022, Amazon didn’t request any funds, because the Washington Enterprise Journal first reported in February.

Amazon spokesman Zach Goldsztejn mentioned the corporate had determined to delay submitting a request for cost due to pandemic-related challenges in these three years. In keeping with the contract, that is the ultimate yr wherein Amazon can submit an software for this spherical of incentives.

Goldsztejn mentioned the corporate requested funds for six,939 jobs and submitted requests just for incentives for brand new positions that meet requirements specified by the contract.

Incentive grants from Arlington, which had been anticipated to complete about $23 million, have but to be paid out. Assuming the brand new headquarters would increase native resort stays, the county agreed to pay the corporate a part of a rise in tax income from motels and short-term leases.

That improve in Arlington income has but to materialize, Arlington says. Cara O’Donnell, a spokeswoman for the county’s financial improvement arm, mentioned income from that tax shouldn’t be anticipated to achieve a pre-pandemic baseline established in Amazon’s cope with Arlington till fiscal yr 2025 on the earliest.

The corporate’s request for cost from Virginia come simply months after Amazon introduced two rounds of layoffs totaling 27,000 job cuts this yr. The corporate has mentioned its building pause in Arlington shouldn’t be an indication of additional job cuts.

Amazon has but to implement a constant return-to-office coverage, though it would require staff to be within the workplace at the very least three days per week beginning subsequent month.

“Our partnership settlement with the commonwealth is predicated on our long-term dedication to create tens of hundreds of jobs and a community-oriented improvement in Arlington that spurs financial vibrancy and advantages your complete area,” Holly Sullivan, the corporate’s vice chairman for worldwide financial improvement, mentioned in a press release.

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Virginia

PHOTOS: Virginia National Guard soldiers return from deployment in time for Thanksgiving

Published

7 hours ago

November 30, 2024

Press Room

PHOTOS: Virginia National Guard soldiers return from deployment in time for Thanksgiving

RICHMOND, Va. (WRIC) — Virginia National Guard (VNG) soldiers returned home from deployment in Poland on Wednesday — just in time to spend Thanksgiving with their families.

The soldiers were assigned to the Virginia Beach-based 529th Combat Sustainment Support Battalion, 329th Regional Support Group and reunited with family, friends and VNG senior leaders on Wednesday, Nov. 27.

These reunions came after the soldiers had been serving on federal active duty since March of this year.

The 529th was based at Forward Operating Site in Karliki, Poland and was responsible for supply missions, logistics and maintenance. They also serve as a headquarters element for Task Force Cavalier, which oversees operations and training for over 550 soldiers from 4 different subordinate units from active-duty Army, Army Reserve and Army National Guard.

Among the people there to greet the returning soldiers and thank them for their service was Major General James W. Ring, the Adjutant General of Virginia and Brig. Gen. Todd H. Hubbard — the VNG Director of the Joint Staff.

“You showed tremendous resiliency,” said Lt. Col. Carlos Maldonado, commander of TF Cavalier at the TOA. “You overcame and absolutely crushed the mission. Through it all, Cavalier you persevered.”

To learn more about what their deployment entailed, click here.

Continue scrolling to see photos of the soldiers returning home to their families:

Soldiers returning to Virginia (Courtesy of Virginia National Guard Public Affairs Office)

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Virginia

Spread & Over/Under Predictions for West Virginia vs. Arizona

Published

15 hours ago

November 29, 2024

Press Room

Spread & Over/Under Predictions for West Virginia vs. Arizona

It’s the final day of the Battle 4 Atlantis and the West Virginia Mountaineers are hoping to leave the Bahamas with a third-place finish in the event. Winning the whole thing would have been extremely impressive considering the field, but Darian DeVries’ squad has already notched a key resume-building win over Gonzaga and can do so again today against No. 24 Arizona.

Here are my picks for today’s game. Odds courtesy of FanDuel Sportsbook.

1 Star – Not very confident
2 Star – A little confident
3 Star – Fairly confident
4 Star – Very confident
5 Star – Should be a lock to happen

3-star play on Arizona (-6.5): This is a really tough matchup for the Mountaineers playing its third game in three days. When these two meet later in the year, I believe WVU will put together a much stronger showing and potentially even win the game. Not there, though.

The Wildcats have a nine-man rotation, which occasionally will be a ten-man. WVU’s key players have logged a ton of minutes over the last two days, with both games going to overtime. As evidenced in yesterday’s game, if the Mountaineers face serious foul trouble, it impacts them more than most teams due to a lack of depth. Amani Hansberry should be able to produce a third straight big game, but if he starts picking up fouls left and right, WVU will be in trouble. Arizona’s guard-heavy lineup will attack and finish around the rim with ease.

I’ve got the Wildcats pulling away with a strong second half.

1-star play on the under: Arizona is a high-scoring team that likes to push the tempo. They’ve averaged 67 field goal attempts in this tournament, whereas WVU has attempted 59 and 63 in games that went to overtime. For West Virginia to win, they’re going to have to slow things down when they have the ball, much like they did in the opening-round game against Gonzaga.

I mentioned fatigue setting in as a possibility in the WVU-Louisville game yesterday, and although Darian DeVries isn’t using that as an excuse, you can tell it played a factor for both teams, especially in the first half. Both squads looked sloppy, slow, and disjointed. I seriously doubt WVU and Arizona will have an extra bounce in their step today, playing for the third time in three days and in a game deciding who takes home third place.

ATS: 3-3 (50%)
O/U: 4-2 (66%)
Overall: 7-5 (58%)

Odds Disclaimer

Game odds refresh periodically and are subject to change.

If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.

Virginia

Virginia woman charged in alleged murder-for-hire plot

Published

22 hours ago

November 29, 2024

Press Room

Virginia woman charged in alleged murder-for-hire plot

A Virginia woman has been arrested and charged in connection with a murder-for-hire plot, according to the Henry County Sheriff’s office.

Gennevieve McGhee, 44, was allegedly captured via audio and video evidence in the meticulous planning of a murder for hire, the sheriff’s office said.

McGhee is accused of meeting with a confidential source at her residence in Ridgeway, Virginia. The source was acting under law enforcement direction and utilizing a recording device to capture evidence.

TEXAS INFLUENCER SENTENCED TO 10 YEARS IN PRISON FOR MURDER-FOR-HIRE PLOT

Henry County Sheriff’s Office charged Gennevieve McGhee, 44, with criminal solicitation of murder following an investigation that revealed her alleged involvement in planning a murder for hire. (Henry County Sheriff’s Office)

She allegedly discussed detailed instructions on payment arrangements and instructions for carrying out a robbery and murder.

McGhee is charged with criminal solicitation of murder and conspiracy to commit a felony.

INDIAN INTELLIGENCE OFFICIAL CHARGED IN MURDER-FOR-HIRE PLOT ON SIKH SEPARATIST LEADER IN NEW YORK CITY

Gennevieve McGhee, 44, is charged with criminal solicitation of murder and conspiracy to commit a felony. (iStock)

McGhee was taken into custody by deputies from the Henry County Sheriff’s Office on Wednesday and is being held at the Henry County Adult Detention Center with no bond.

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The case remains under review by the Henry County Commonwealth’s Attorney’s Office.

Additional information on the case is not available at this time, officials said.

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