U S Steel Idles McDowell Mines In West Virginia
U S Steel Mining Co. idles two McDowell County mines with 225 layoffs as sagging metallurgical coal demand from U S and European steelmakers and strong export competition reduce orders for Pocahontas Seam coal. No. 9 Mine at Gary and Seneca Mine near Welch shut indefinitely. Remaining McDowell facilities to resume on June 2 with weekly schedules.
MENTIONED IN THIS ARTICLE
U.S. Steel Mining Co., Inc
West Virginia
McDowell County
No. 9
Gary
Seneca
Welch
Michael Koff
U.S. Steel
U.S. Steel Mining Co
Wyoming
Koff
Alpheus
Europe
Australia
Canada
Reagan changes mind joins Hands Across America event
President Reagan announced he will participate with Nancy in Hands Across America to raise funds for the hungry and homeless. White House spokesman Speakes said the first family decided after a Thursday night discussion to form a human chain from New York to California to aid the effort. Sunday was proclaimed Hands Across America Day as plans shifted.
MENTIONED IN THIS ARTICLE
Washington
First Family
Reagan
America
Larry Speakes
Nancy
New York
California
White House
Speakes
Hands Across America aims for 5 million in line across nation
The project seeks 5 million participants and $50 million by encouraging $10 donations to form a nationwide Sunday line from New York to California. Organizers say Reagan's decision could spur late joiners though gaps in Arizona New Mexico Texas remain a concern. Ken Kragen invites all to join whether or not they donate.
MENTIONED IN THIS ARTICLE
America
House
Reagan
New York
California
Ken Kragen
Arizona
New Mexico
Texas
Kragen
Weekend Forecast: Clouds and Sun With A Thunder Shower
The region will see a mix of cloudiness and sun today with a thundershower possible. High near 68 and tonight partly cloudy with a low around 50. Weather A-12
Dow climbs as gains extend market advance
The Dow Jones average rose 16.99 points to finish Friday at 1,823.29 as another market advance continued into the session. Stocks in this edition detail the day’s closing numbers and related market briefings.
U S expels senior South African defense attache over raids
The United States expelled Brigadier Alexander Potgester, the South African defense attache in Washington, for raids into Botswana, Zambia and Zimbabwe. Col. Robert Hastie, the US defense attache in Pretoria, was recalled for consultations, with no decision on his return. Pretoria will not replace Potgester, and Potgester has 10 days to leave the United States.
MENTIONED IN THIS ARTICLE
Washington
United States
South Africa
U.S
Pretoria
State Department
Botswana
Zambia
Zimbabwe
Alexander Potgester
Robert Hastie
Hastie
Festival opens with dazzling Bluefield fireworks display
The Rocky Top Mountain Festival began with a large fireworks show at Bluefield City Park Saturday night, staged by the Craft Family Shooters of American Fireworks. Sponsorship from Bluefield Daily Telegraph, Norfolk Southern, Bluefield Beverage Co., and Twin State Distributing drew a three-year high turnout. Officials credited promotional efforts and local partners for the crowd surge, while plans for Saturday include a 10-K bike race, foot races, a 5-K run walk, a 1 mile Fun Run, tennis and bowling tournaments, a parachute demonstration, a bodybuilding contest, and arts events at the Bluefield Arts and Crafts Center.
MENTIONED IN THIS ARTICLE
Rocky Top
Nelson Walker
Greater Bluefield Chamber of Commerce
Larry Douglas
Douglas
Bluefield Beverage Co
Twin State Distributing Co
Fes
Bluefields
Richard T. Morath
Beverage Company
Bluefield
Wbdy Radio
Leah Lasker
Park Open
Bluefield Community Hospital
Bluefield Arts and Crafts Center
Summit Players
Credit card rates seen dropping but with strings attached
Consumer and political pressure spurred offers of cut rate cards across banks and thrifts. Lower rates often come with higher fees, shorter grace periods, or tighter credit rules, as lenders shift costs onto borrowers while some cards, like Goldome’s Visa at 13.9 percent, show selective reductions.
MENTIONED IN THIS ARTICLE
New York
Visa
MasterCard
Marc Chodorow
Goldome
Bank Rate Monitor Newsletter
Bank Credit Card Observer Newsletter
Also Mentioned on This Page
McDowell
Pat Cecil
The
Daily Telegraph
Kanawha
Chicago Tribune
D.C
Associated Press
Dom) Jones Close
Dow
Supreme Court
Eero
Oreo
Sore Renee Rhee
COOP
Perro
Atree
Abby
Chamber
Mitt Carte
Fred Brown
Bluefield City Park
Asumer
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