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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Dec 07, 2004

Page

6

Regional industrial park study starts between Tazewell and Buchanan

A site study for a planned regional industrial park between Tazewell and Buchanan counties begins today at the old Richlands Airport. The $270,000 study is funded by a $90,000 VCEDA grant plus $150,000 from Tobacco Commission and small local grants. The site features existing infrastructure including a four million gallon daily sewage plant, rail line, natural gas, and broadband.

Richlands Tazewell Buchanan Virginia Coalfield Economic Development Authority Industrial Development Authority Old Jim Spencer Spencer VCEDA Tobacco Commission IDA Buchanan County Ida Donald Baker Charles Yates

Treasury auctions show mixed short term rate shifts

The Treasury sold 19 billion in three month bills at 2.210 percent, up from 2.195 last week, and 17 billion in six month bills at 2.380 percent, down from 2.395. The three month rate is the highest since October 1 2001, and the six month rate is the lowest since November 22. The Fed reported one year constant maturity bill yields at 2.62 percent, up from 2.60.

Washington Treasury Treasury Department Federal Reserve

Electronic payments overtake checks in 2003 shift

Americans used 44.5 billion electronic payments last year, surpassing 36.7 billion checks, per Federal Reserve studies. The shift from check writing to electronic methods reflects technology growth and consumer demand for convenience, economists say.

Washington Federal Reserve Fed Richard Oliver Federal Reserve Bank of Atlanta Federal Reserve Banks Richard Yamarone Argus Research

Regulators urge restricted use of Efexor antidepressant

UK regulators recommend Efexor be prescribed only by specialists with ongoing supervision due to risks of irregular heart rhythms withdrawal symptoms and higher overdose death rates versus similar drugs. Wyeth plans to challenge the ruling. The agency also says patients with heart problems should not receive the drug.

Ritish Madison N.J United States United Kingdom Medicines and Healthcare Products Regulatory Agency

Dow stocks mixed as oil worries weigh on rally

On Monday blue chip downgrades on Pfizer Alcoa and Verizon pressured shares amid oil price gains sparked by Middle East unrest. The Dow fell 45.15 to 10547.06 while the S&P 500 slipped slightly and the Nasdaq edged higher as traders weighed dollar weakness and possible leadership changes in the Treasury.

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