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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

Jun 14, 2005

Page

9

West Virginia unemployment hits 29-year low in May

West Virginia's May job market improved with 6 800 new positions and an unemployment rate of 4 3 percent the lowest for May since 1976. Construction gains 2100 and service sectors add 4100 while information declines by 100 jobs and the national rate slips to 5 1 percent.

W.va Charleston West Virginia State Bureau of Employment Programs

Morgan Stanley Chief Purcell to retire as successor found

Morgan Stanley chief executive Philip J. Purcell said he will retire once a successor is found amid calls for his ouster and a wave of departures. The bank also warned second quarter earnings would drop 15 to 20 percent from the first quarter. Purcell, 61, described the press of dissidents and a distraction to business goals.

NEW York Morgan Stanley Philip J. Purcell Wall Street Investment Bank Purcell

Stocks finish modestly higher as data loom

Stocks rose modestly in a volatile session in New York as investors weighed rising oil, Morgan Stanley Chief Executive Phil Purcell’s retirement, and a heavy week of data on inflation and retail sales. The Dow gained 9.93 points to 10,522.56, while the S&P 500 advanced 2.71 to 1,200.82.

Dow Industrials Dow Utilities Dow Transportation NYSE S&p MidCap Russell Wilshire EW York Morgan Stanley Phil Purcell Wall Street Scott Wren Equity A.G. Edwards & Sons Dow Standard & Poor

Supreme Court leaves FCC media ownership rules dispute unresolved

The Supreme Court refused to hear appeals from Newspaper Association of America Tribune Co National Association of Broadcasters Media General Gannett Belo Morris CBS Fox NBC seeking restoration of looser FCC ownership limits The ruling upholds a lower court decision striking down the rules and sends the agency back to revise its policy to address cable satellite and Internet competition while critics warn of reduced diversity

Washington Supreme Court Federal Communications Commission Congress Newspaper Association of America Tribune Co National Association of Broadcasters and Media General Gannett Co Belo Corp Morris Communications CBS Fox NBC Stephen G. Breyer 3Rd U.S. Circuit Court of Appeals FCC Newspaper Association States

Treasury bills rise as auctions set four-year highs

The Treasury auctioned 17 billion in three month bills at 2.975 percent and 15 billion in six month bills at 3.120 percent, both up from last week, marking the highest rates since September 2001. The Fed said one year bill yields edged to 3.30 percent, up from 3.28 percent the prior week.

Washington Treasury Treasury Department Federal Reserve

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