Casteen made nearly $800K last year

For some of us, $43K is a salary. For John Casteen, it’s an annual raise. According to a study by the Chronicle of Higher Education, Casteen was the second highest-paid public university president last year, earning $797,048.

“Drill, baby, drill” off the coast of Virginia?

The chant “drill, baby, drill” may soon be heard off the coast of the Commonwealth. The Washington Post reports that the Bush Administration is taking the next step in its efforts to lease waters off the coast of Virginia to companies that are interested in drilling oil and natural gas.

Landmark hotel construction on hold

Despite some signs of life on the site this morning, construction has apparently been halted on the nine-story Landmark Hotel, according to The Daily Progress, pending a missed payment of $1.1 million to Clancy & Theys Construction Company.