December 12 2007 News Briefs from BDtonline
Brief items from the Bdtonline site dated December 12, 2007 summarize local happenings and notable events. details not fully readable but indicate ongoing coverage and quick updates from the day.
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 12, 2007
Page
2
Brief items from the Bdtonline site dated December 12, 2007 summarize local happenings and notable events. details not fully readable but indicate ongoing coverage and quick updates from the day.
A Missouri utility spokesman warns the ongoing winter storm could leave many without power for a week to 10 days. The region faces heavy showers and cloudy skies with a high near 64 as authorities assess widespread damage.
Daily results show West Virginia Daily 3 numbers 7 2 6 and Daily 4 numbers 7 5 2 1. Virginia Pick 3 numbers are 8 4 6 and Pick 4 numbers are 7 4 2 8.
Readers with delivery issues are directed to contact the Telegraph at (304) 327-2802 from 7 am to 12 pm seven days a week. Call by noon to ensure timely delivery within the limited delivery area.
The Federal Reserve trimmed the federal funds rate by 0.25 percentage points to 4.25 percent, the third cut in three months, signaling possible further reductions if housing and mortgage lending worsen. Wall Street fell after the move as investors demanded stronger action to avert a recession and stabilize credit markets.
The Federal Reserve reduced its benchmark rate by a quarter point to 4.25 percent, aiming to cushion the economy from a housing downturn mortgage defaults and ongoing market volatility. This step reflects efforts to loosen financial conditions and support growth amid stress in real estate and lending markets.
Bluefield Red Cross workers wrap Christmas gifts at Mercer Mall to raise funds for families made homeless by fires and disasters in Mercer and McDowell counties and Bluefield Virginia. Since January 1 the chapter assisted 43 families across the area, providing debit cards for emergency needs and help with shelter and rent deposits.
Mid December warmth breaks records at Mercer County Airport with 69 degrees, 25 degrees above normal. Meteorologist Jan Jackson cautions models show a wintry mix by Saturday as jet stream dips, while area sees more colds. winter official begins Dec 22, with another cold snap possible soon after.
With 10 days left, the Bluefield fundraiser trails its $27,500 target but donations exceed $3,000. The 90th annual Little Jimmie campaign aids 600 children who signed up for gifts to be handed out at a December 21 party at Bluefield Auditorium. Santa arrives at 12:30 p.m. after doors open at noon.
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