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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

Mar 01, 2011

Page

6

Oil prices steady lift stocks as deals boost market

Stabilizing oil prices and stronger economic signals pushed U S stocks higher led by the S P 500’s best start to a year since 1998. Major indexes rose with gains in healthcare and energy names as corporate deal news and Berkshire Hathaway optimism supported sentiment.

New York Standard and Poor Saudi Arabia Libya Commerce Department Federal Reserve Bank of New York Howard Silverblatt S&p Ventas Inc Nationwide Health Properties Inc Nationwide Health Ventas Australia Equinox Minerals Limited Canada Lundin Mining Corp Lundin Toronto Stock Exchange Warren Buffett Berkshire Hathaway Inc Berkshire Humana Inc Amazon.com Ince UBS Treasury New York Stock Exchange

West Virginia grants aid Mercer and McDowell child groups

Gov. Earl Ray Tomblin announced 1842 grants to the Child Project of Mercer County and Stop the Hurt in McDowell County. The funds, part of a 54871 statewide CAC program, support advocacy, training, forensic interviews, and direct services for child abuse victims through a multiday multidisciplinary team.

Princeton Earl Ray Tomblin Child Project of Mercer County, Inc Stop the Hurt, Inc McDowell County Mercer McDowell Tomblin West Virginia

West Virginia Senate approves state health exchange bill

West Virginia Senate approved a bill 27 to 6 to create a state run health insurance exchange to comply with the federal overhaul. The measure advances to the House of Delegates as critics warn of potential fallout if federal provisions are overturned. Private insurers would offer coverage options within the marketplace aiming to boost buying power for individuals and small businesses. The vote reflected GOP opposition to the federal approach and concerns about future legal changes. State officials advocate a state run exchange over a federally managed one.

Charleston West Virginia Senate House of Delegates

PATH highline plan withdrawn by two utilities

American Electric Power and FirstEnergy Corp withdraw applications to build the 765 kilovolt PATH line from West Virginia through Virginia to Maryland. The move follows PJM Interconnection urging a delay due to reduced demand and slower economic recovery.

Charleston West Virginia Maryland American Electric Power and FirstEnergy Corp Virginia PJM Interconnection PJM

Senate blocks plan to fund retireehealth costs

West Virginia Senate Finance Committee rejected a bill to devote 1 billion dollars over 20 years to retiree health benefits amid an estimated 8 billion shortfall. The measure would nearly triple the cigarette tax and, in amended form, also fund other health care needs including Medicaid coverage for children with autism.

Harleston West Virginia Senate Finance Committee

Also Mentioned on This Page

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