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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 01, 1990

Page

5

Senate Hearings May Weigh Cable Rates and Competition

The Senate Commerce Committee may examine cable television rates and competitive practices this month to decide on potential new regulations. The United States Telephone Association cites rising costs and complaints, while the industry forecasts that deregulation could spur new services and competition such as home shopping, banking, and on demand movies. GTE tests consumer appeal in California, with plans to trial services in major metros like Charlotte.

Senate Commerce Committee United States Telephone Association Congress Association GTE California Charlotte N.C

County Leadership Breakfast Tour and Employment Seminar Planned

The Bluefield Business and Professional Association sponsors a County Leadership Breakfast Tour on Friday June 15 from 7 30 to 9 a m at Abbs Valley Electric Route 720 Bluefield VA Breakfast served by Robert Painter A facility tour follows for interested attendees Reservations via Jane Smith at 304 325 1581 between 8 a m and 4 30 pm The Mercer County Technical Education Center Princeton hosts an Employment Seminar June 18 29 from 7 30 am to noon daily Continuing Education Units will be granted For more information call Linda Cox at 425 9551 or 327 9109.

Bluefield Business and Professional Association Abbs Valley Electric Route 720 Robert Painter Jane Smith Mercer County Technical Education Center Princeton Linda Cox

Hand held video games race Nintendo rivals

NEC unveils TurboExpress a palm sized arcade unit with color graphics and a TV option, costing about 200 to 250 dollars plus 80 for the TV add on, aiming to steal market share from Nintendo's Game Boy as handheld gaming expands toward a billion dollar annual business. Atari's Lynx already ships 50,000 units with plans for 500,000 this year. Nintendo dominates the U S market with around 80 percent of sales.

New York Nintendo Lynx Atari Computer Corp NEC Kenneth Wirt NEC Technologies Inc Chicago U.S Carlot Atari

May Tax Take Surges Past Estimates Revealing Strong State Revenue

State tax collections in May rose sharply, erasing a $16 million deficit from April and adding a $4 million cushion. May actuals hit $138.8 million vs the $118.3 million estimate, with officials noting the state runs $21.5 million ahead of projections. Governor Caperton has $17.5 million in reserve for refunds.

Charleston Paul Mollohan Mollohan Gaston Caperton

Stock prices finish mixed Thursday in New York

Stock prices ended mixed as traders pulled back after recent gains to record highs. The Dow slipped 1.90 to 2876.66, with May still showing a 219.90-point rise. NYSE breadth favored advancers 801 up, 682 down, 534 unchanged. The NYSE composite rose 0.19 to 196.94, S&P indexes gained modestly, Nasdaq edged higher, and Amex closed up 0.15.

NEW York New York Stock Exchange

Virginia official hears list of local needs in luncheon

Virginia Secretary of Economic Development Larry Framme wrapped up a three day southwest Virginia fact finding tour at a Cumberland Plateau Planning Commission luncheon in Lebanon. He praised Delegates Jackie Stump and Bud Phillips while noting unfulfilled needs such as a bypass for Route 102 in Falls Mills to aid Woodtech's entry. Officials from Tazewell Buchanan Dickenson and Russell counties presented reports on industrial site progress and funding requests.

Lebanon Virginia Larry Framme Cumberland Plateau Framme Bob Widener Tazewell County Bluefield Falls Mills Woodtech Widener Nue Wilder Northern Virginia Tazewell Buchanan Dickenson Russell

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