Major banks cut prime rate to 11 percent
The prime rate was reduced by half a percentage point to 11 percent on Monday. Citibank, the nation's largest bank, led the move and other banks quickly followed, though economists cautioned it does not promise a broad decline in rates soon.
MENTIONED IN THIS ARTICLE
Citibank
Southern counties issued flood watch across 14 WV counties
Forecasters warned of up to 3 inches of rain overnight in portions of southern West Virginia and issued a Rash flood watch covering 14 southern counties. The flash flood watch was in effect from 8 p m Monday to 8 a m today and includes Boone Fayette Greenbrier Logan McDowell Mercer Mingo Monroe Nicholas Pocahontas Raleigh Summers Webster and Wyoming.
MENTIONED IN THIS ARTICLE
West Virginia
Boone, Fayette
Greenbrier
Logan
McDowell
Mercer
Mingo
Monroe
Nicholas
Pocahontas
Raleigh
Summers
Webster
Wyoming
Quote of Mitterrand on Chinese violence and youth uprising
French President Mitterrand says a regime that fires on its youth to survive has no future when educated youth rise in the name of freedom amid China’s unrest. The remark frames the Beijing crackdown as unsustainable and misjudged by authorities.
MENTIONED IN THIS ARTICLE
Mitterrand
China
Weather outlook with showers and mid70s high
The National Weather Service forecasts a 70 percent chance of showers and thunderstorms with highs in the low 70s. Tonight will be cloudy with a 40 percent chance of rain and upper 50s. There's no further detail beyond standard forecast terms.
MENTIONED IN THIS ARTICLE
National Weather Service
Beijing Under Siege as Army Splits Over Martial Law
Reports say Chinese forces shelled and fired on civilians in Beijing amid a split in the People's Liberation Army over the May 20 martial law declaration. Tanks and troops occupied Tiananmen Square while protests spread to Shanghai and Nanjing. At least three died and many wounded as residents faced shortages and fear of further attacks.
MENTIONED IN THIS ARTICLE
Beijing
Tiananmen Square
Imperial Palace
People's Liberation Army
The
Hee
Shanghai
Nanjing
Bush halts U S arms sales to China amid Beijing crackdown
President Bush suspended military sales to China while urging global sympathy for a young demonstrator facing a column of tanks. He warned Beijing not to expect business as usual and kept diplomatic ties intact amid protests by Chinese students in Virginia Tech and Washington.
MENTIONED IN THIS ARTICLE
Washington
Bush
U.S
China
Beijing
Municipal Election Snapshot Across Bluefield Princeton Oakvale
At a glance municipal elections show Bluefield electing five board of directors at large or by district. Princeton votes on four ward and one at large council seats with annexation on the ballot. Oakvale lists mayor Y O Bee Boothe and recorder Vickie Rose both unopposed plus five city council seats.
Voters go to polls in Bluefield Princeton and Oakvale today
Registered voters in Mercer County municipalities Bluefield Princeton and Oakvale will vote today from 6 30 a m to 7 30 p m to elect residents for multiple offices Bluefield voters choose five directors and how they are elected and Princeton selects a four ward city council plus an at large seat Ward I contenders are Paul McManaway and Dewey Russell Ward II contenders include Randall Bailey Betty Bates Hutchens Eugene Libby Price Ken Vaught and Harold Bright.
MENTIONED IN THIS ARTICLE
Mercer County
Princeton
Robert Carr
West Virginia
Bluefield
Lawrence Beale
Adolph Bramer
Paul Cole
Renee Mark Flack
Craig Hammond
Paul’ O . Paine
Joe Walker
Paul McManaway
Dewey Russell
Randall Bailey
Betty Bates Hutchens
Eugene “Libby” Price
Ken Vaught
Harold Bright
Virginia planners reject day care zoning amendment
BLUEFIELD Virginia residents will wait longer for a new day care center after the Planning Commission voted 6 1 against a zoning amendment to allow a day care at the First Church of God A lone dissenter was Glenn Tabor The church sits in an R2 zone which permits homes churches and schools while day care centers belong in R3 The commission can only recommend to the town council and debated whether day care belongs in R3 amid questions from Harold French and others about location and impact
MENTIONED IN THIS ARTICLE
Bluefield
Planning Commission
Glenn Tabor
Church of God
Commission
Sydney Ellison
Harold French
Mercer County Fire Service Fees Set, Due October 1
Fire service fees to support eight Mercer County volunteer departments will appear with July tax bills. County businesses face $50 and residences $20 annual charges, with payments due by Oct 1 and a 10 percent delinquency penalty after that date. Exemptions under Homestead Act do not apply automatically. poverty guideline exemptions require yearly reapplication.
MENTIONED IN THIS ARTICLE
Fire Service
Mercer County
Mercer County Fire Service Board
Mercer County Commission
Princeton
Bluefield
Don Meadows
Fire Board
Flat Top
Ghent
Raleigh County
Joe Parker
Tom Farmer
Parker
Caperton names first of secretaries
Charles Lorensen of Morgantown becomes the first of seven secretaries named by Gov. Caperton to head departments under the reorganization. He will lead the State Department of Tax and Revenue starting July 1 and oversee the Beer Commission Alcohol Beverage Control Commission Board of Investments Municipal Bond Commission Racing Commission and Insurance Commission while continuing to oversee the tax agency. Lorensen was a lawyer with Jackson Kelley in Charleston before joining the governor's staff.
MENTIONED IN THIS ARTICLE
Charleston
Charles Lorensen
Morgantown
Gaston Caperton
Lorensen
State Department of Tax and Revenue
Caperton
Beer Commission
Alcohol Beverage Control Commission
Board of Investments
Municipal Bond Commission
The
Racing Commission
Insurance Commission
Picket line thins as three UMWA leaders jailed in Virginia
Virginia State Troopers outnumbered UMWA pickets at Moss No. 3 Preparation Plant as court orders limited demonstrators. In Abingdon, U.S. District Judge Glen Williams jailed three coal strike leaders for contempt for blocking Pittston Coal trucks. The strike will continue, said Marty Hudson as officials warned of stricter enforcement.
MENTIONED IN THIS ARTICLE
Carbo
Virginia
UMWA
Moss No. 3
Here
Abingdon
Pittston
Associated Press
U.S
Glen Williams
United Mine
Marty Hudson
Jackie Stump
UMW
C.A. Phillips
UMW International
Joe Tomlinson
Russell
Also Mentioned on This Page
Sim
HONDA
VPI
Tech War Memorial
Rose Ee
Virginia Tech
Oakvale
O'Bee Boothe
Vickie Rose
Mary Rice
Daily Telegraph
Barbara Hawkins
Spanishburg Area
Les Catron
Mercer County Sheriffs Department
James Barbery
Clinchfield Moss
Jack Kiser