West Virginia vows aid to Wheeling-Pitt after loan denial
Gov. Wise said WV will seek ways to support bankrupt Wheeling-Pitt Steel despite a $250 million federal loan rejection. He met with Wheeling-Pitt CEO James Bradley and will coordinate with Ohio on a rescue plan. The firm employs about 3,800 across WV PA and OH and has cut over 700 jobs since filing for Chapter 11 in 2000.
MENTIONED IN THIS ARTICLE
Heeling
Bob Wise
West Virginia
Wheeling- Pittsburgh Steel Corp
Ohio Valley
Wise
Panhandle
Wheeling-Pitt
Ohio
Bob Taft
Ohio River
Follawsbee
Beech Bottom
Allenport
Steubenville
Mingo Junction
Canfield
Yorkville
Martins Ferry
Federal Emergency Steel Loan Guarantee Board
Royal Bank of Canada
Former Virginia rural development chief pleads guilty to bribery
Lloyd A. Jones, 49, of Mechanicsville, former director of USDA rural development in Virginia, pleaded guilty to accepting a bribe from a Texas developer. He faces up to 15 years in prison and a $250,000 fine, with sentencing set for May 23. He admitted lapses in judgment and authorized loan programs aiding rural housing. Prosecutors say he took more than $60,000 in exchange for favorable treatment.
MENTIONED IN THIS ARTICLE
Richmond
U.S. Department of Agriculture
Virginia
Texas
Lloyd A. Jones
Mechanicsville
U.S
Jones
Timothy Clancy
Paul J. McNulty
USDA
Ntelos Files Chapter 11 Bankruptcy Protection
Waynesboro Virginia Ntelos Inc filed for Chapter 11 bankruptcy protection Tuesday as part of a plan to restructure and reduce debt. The company secured 35 million dollars in financing to continue operations during the reorganization and said service to all customers would continue. Employees will be paid as usual with health and other benefits expected to remain unchanged.
MENTIONED IN THIS ARTICLE
Waynesboro
Ntelos Inc
Ntelos
Police ranks shrink as call-ups continue
Charleston West Virginia AP reports that the state police have 527 active officers after reservists and National Guardsmen were called up. Col. Howard Hill says 23 officers have been called, with nine more likely to depart by March 15. Cadet classes started in January with 34 and 31 cadets, but 10 dropped out. two more are being lost to the military, and another class is hoped for August or September.
MENTIONED IN THIS ARTICLE
Charleston
West Virginia
Howard Hill
Hill
Budget bill advances in West Virginia House Finance
The West Virginia House Finance Committee unanimously advanced a $3.026 billion budget bill to the House floor after subcommittee work. Public K-12 schools take about 52 percent of funds, higher education roughly 11 percent with a $43 million cut from last year, and the package aims to avoid a $250 million shortfall.
MENTIONED IN THIS ARTICLE
Charleston
House Finance Committee
House
Bob Wise
Lion
West Virginia
Education
Jerry Mezzatesta
Dampshire
Finance
Q Judiciary
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W.va
Barbara Fleischauer
D-Monongalia
Cheri Heflin
The
State Nurses Association
UY Judiciary
Sony Ericsson
Apple
Toms
Audiovox
Wireless Review Magazine
TalkTracker
U.S. Cellular
Beckley Crossing
Ste. 132
Wal-Mart
N. Eisenhower Dr
Jackson
Walmart
Oak Hill
Beckley
the Cellular Group
Shawnee
Gary's Electronics
Minford Telephot
Mt. Hope
New Boston
C&c
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New Boston Shopp Center
E. Main St
Pine Place
Stafford Ave
Home Entertainment Plus
Bulldog
Star Satellite
ShareTalk
Sne
P. Vifarsaxnira
Vasy Ridge Rd
Wal St
Emmit Ave
Pike Country
Sc&e
PMU el
USCC
Uscellular.com
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