No action seen on 3.9 billion pension bonds plan
In Charleston the push to approve a resolution to sell 3.9 billion dollars in pension obligation bonds faltered in this week’s special legislative session. Senate President Tomblin said it got “run over by a coal truck,” with action unlikely this year. The plan aims to reduce a 4.4 billion dollar unfunded liability across three retirement plans.
MENTIONED IN THIS ARTICLE
Charleston
Senate
Earl Ray Tomblin
D-Logan
Wise
Wise pushes coal truck weight bill amid House opposition
Gov. Wise and aides launched a broad campaign to save a bill raising coal truck limits from 80 000 to 120 000 pounds on selected roads, mainly in southern counties. They insist education will win votes, while House members cite lack of support and calls for substantial changes, amid strong constituent opposition and a flood of correspondence.
MENTIONED IN THIS ARTICLE
Charleston
Bob Wise
Senate
House of Delegates
House
Jon Amores
Dhanawha
Harold Michael
D-Hardy
Michael
Barbara Fleischauer
D-Monongalia
West Virginia urged to fund black community groups rise
Advocates in Charleston call for 20 million state funding to be shared between education and economic development for West Virginia's black residents. They argue public grants exclude small community organizations, and link educational gaps to unemployment and crime, urging grassroots faith groups for aid.
MENTIONED IN THIS ARTICLE
Charleston
West Virginia
Matthew Watts
Hope Community Development Corp
Legislature
West
Virginia
Watts
Department of Health and Human Resources
Wise
Santa targets Loudoun lighting rules at board meeting
Santa Claus denounces stricter lighting regulations as elves hand out coal to board members. Chantilly resident Jim Clark warns against dark forces curbing holiday lights while Ashburn observer Phil Lo Presti argues for a lighting ordinance. county has no plan to ban ordinary home or tree lights.
MENTIONED IN THIS ARTICLE
Leesburg
Santa Claus
Loudoun County Board of Supervisors
Santa
Chantilly
Jim Clark
Loudoun
Ashburn
Phil Lo Presti
Wall Street resumes slide amid renewed panic in markets
Wall Street extended losses as blue chips fell 740.31 points over six sessions. The Nasdaq rose 9.12 to 1,382.62 while the S&P 500 dropped 3.46 to 917.93. Investors cite corporate scandals and fear over earnings as the mood darkens with no relief in sight.
MENTIONED IN THIS ARTICLE
Dow
Standard & Poor
S&p
Wall Street
Bear Market Reversal Cited On Key Trading Day
John Biggs of Scott & Stringfellow said bear markets can last 9 to 18 months and may end with a key reversal day as the Dow fell while Nasdaq rose. Anne Crowe of Salomon Smith Barney noted a 0.2 percent rise in inventories and looming July earnings as signs investors await clearer bottom signals.
MENTIONED IN THIS ARTICLE
Tony Cecin
US Bancorp
Piper Jaffray
Minneapolis
Roger Hing
Fountain Valley
Calif
John Biggs
Bluefield
Scott & Stringfellow
Biggs
Anne Crowe
Salomon Smith Barney
U.S. Commerce Department
Commerce Department
Crowe
Budget worries haunt Bluefield’s fading future
Bluefield natives reflect on a shrinking city as jobs fade after high school, with Carl Boyd noting steady decline during visits from Philadelphia. A resident fears the termination of former City Manager Ron Crabtree left the town without leadership and answers.
MENTIONED IN THIS ARTICLE
Philadelphia
Boyd
Bluefield
Ron Crabtree
Fair continues in McDowell County with rides and events
Debbie Keen and her grandson traveled to the fair in Glenwood and were drawn by signs. Mayor Henry Paul and Gordon Lambert spoke at opening ceremonies as sack races bingo and an aqua fair entertained attendees. Linda Vance described the fair as stress relief and a chance for flood victims to reconnect with classmates. Adrienne Adkins praised the community gathering. The fair runs through Saturday with daily rides for 12 dollars and a 9 p.m. fireworks display planned Saturday. Contact Mark Blevins for details.
MENTIONED IN THIS ARTICLE
Debbie Keen
Glenwood
Tazewell
Henry Paul
Gary
Gordon Lambert
McDowell County Commission
Cecil Surratt
Benny Belcher
Manasseh Grove
Linda Vance
Vance
Mark Blevins
Boltonline.com
Library Readiness Stirs Community Back to Summer Programs
The Welch library restarts summer reading with a pledge sign in and prizes for top readers across age groups. Local patrons express joy at its return, with teachers and volunteers highlighting the library as a community home. Laminating service remains unavailable while Nick Rahall’s office works to secure a laminating machine.
MENTIONED IN THIS ARTICLE
Vesta Larkin
Welch
Candace Daniel
Concord College Banner
Morgan
U.S
Nick Rahall
D-W.va
Ray Estep
Jaeger
Estep
Mark Blevins
Mblevins
Boltonline
Also Mentioned on This Page
Keith Burdette
Burdette
House Finance
A-1
Hugh Johnson
First Albany Corp
America
Bill Archer
Barcher
Bottonline
Betty Meachum
Carl Boyd
Robbie Palmer
Steve Gregory
Amencan
Bluefield College
Bluefield Area
Shott Hall
Bluefield College Is Accredited By
Associ
Ve Company
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