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  • US drops 2 to 1,835 rigs exploring for oil, gas Friday, 12 Oct 2012 | 2:58 PM ET

    Texas- based oilfield services company Baker Hughes Inc. reported Friday that 1,411 rigs were exploring for oil and 422 were searching for gas. Of the major oil- and gas-producing states, Texas gained four rigs while Alaska, New Mexico and Oklahoma gained one apiece. Arkansas, Colorado, North Dakota and Wyoming lost one rig apiece.

  • Dems in coal states diverge on Obama policies Friday, 12 Oct 2012 | 2:34 PM ET

    They fault President Barack Obama and his Environmental Protection Agency for new clean air rules they deride as a devastating blow to a multibillion-dollar industry that has been the lifeblood of Appalachia for generations.

  • Greenbrier resort buys historic W.Va. course Friday, 12 Oct 2012 | 2:10 PM ET

    CHARLESTON, W.Va.-- The Greenbrier resort is buying one of the nation's oldest golf courses after it failed to sell at auction over the summer, the resort's owner told The Associated Press on Friday. Greenbrier owner Jim Justice confirmed the purchase of Oakhurst Links.

  • Mingo opens air park on reclaimed Alpha strip mine Friday, 12 Oct 2012 | 1:14 PM ET

    WILLIAMSON, W.Va.-- The Mingo County Airport Authority celebrated the opening of a 7,000- foot runway and its new Air Transportation Park on a reclaimed mine site Friday.

  • Diabetes prevention focus of W.Va. meeting Friday, 12 Oct 2012 | 10:07 AM ET

    CHARLESTON, W.Va.-- Federal health officials on Thursday urged a renewed focus on diabetes prevention efforts in West Virginia, where more than one in 10 adults has the disease. The Appalachian Regional Commission sponsored a roundtable discussion attended by health professionals and representatives of state and other agencies.

  • Oct 11- Fitch Ratings has affirmed MGM Resorts International's. Fitch also affirms all of MGM's and MGM Grand Paradise's transaction ratings, which are listed at the end of the release. The above considerations should improve MGM's credit profile in terms of liquidity, FCF and leverage to be more consistent with a' B' IDR over the next several quarters.

  • TEXT-S&P assigns 'BB-' rating to NTELOS term loan Thursday, 11 Oct 2012 | 11:01 AM ET

    Our projected distressed EBITDA multiple for NTELOS is 4 x and recognizes the company's limited geographic footprint as well as the substantial, and growing reliance on a wholesale contract with Sprint Spectrum L.P. Our `BB-' corporate credit ratings on NTELOS are not affected by the refinancing.

  • TX-based co. drills exploratory well in NY shale Thursday, 11 Oct 2012 | 8:59 AM ET

    OWEGO, N.Y.-- A Texas company has begun drilling a vertical well to explore the potential of the Marcellus Shale natural gas formation, joining about a dozen others probing the potentially lucrative rock beneath New York's southern tier. Carizzo Oil& Gas of Houston recently started digging its first well north of the Tioga County village of Owego.

  • Ohio ice cream maker recalls some products Thursday, 11 Oct 2012 | 12:22 AM ET

    Velvet Ice Cream said Thursday that some of the peanut products bought from Sunland Inc. for use in the ice cream flavors could be contaminated. The recalled Velvet products are sold mainly at convenience stores, ice cream parlors and small, independent retailers in Ohio, Indiana, Kentucky, Tennessee, Virginia and West Virginia.

  • Highlights from the Fed's US economic survey Wednesday, 10 Oct 2012 | 4:56 PM ET

    WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.

  • AP skips W.Va. debate due to media restrictions Wednesday, 10 Oct 2012 | 9:52 AM ET

    CHARLESTON, W.Va.-- The Associated Press decided not to cover the West Virginia gubernatorial debate Tuesday because of restrictions placed on media coverage by its organizers.

  • W.Va. pump prices rise 7.6 cents in a week Wednesday, 10 Oct 2012 | 9:04 AM ET

    CHARLESTON, W.Va.-- The average price at the pump took a big jump in West Virginia this week to $3.90 a gallon. It makes the price of gas in West Virginia almost a dime higher than the national average. While lagging California's $4.67 a gallon average, some pumps in West Virginia are inching up to the $4- a-gallon mark.

  • Feds: Civil settlement with W.Va. health provider Wednesday, 10 Oct 2012 | 9:03 AM ET

    CHARLESTON, W.Va.-- Federal prosecutors say an undisclosed settlement has been reached with an in-home health care provider and its owner who was accused of fraudulently obtaining more than $2 million from Medicaid.

  • Century Aluminum rejects W.Va. power proposal Tuesday, 9 Oct 2012 | 3:05 PM ET

    CHARLESTON, W.Va.-- Century Aluminum Co. is rejecting a proposal meant to aid the restart of its West Virginia smelter. The California- based metals producer announced Tuesday that the electricity rate offer from the state Public Service Commission falls short.

  • Lawsuit against Cobalt likely to be dismissed Tuesday, 9 Oct 2012 | 11:21 AM ET

    CHARLESTON, W.Va.-- A lawsuit over Cobalt Coal Co.' s alleged failure to pay mining royalties may soon be dismissed. Cobalt operates the mine featured on Spike TV's one-season reality show "Coal." In August, Encoal Energy and Gopher Land Services sued Cobalt in U.S. District Court in Charleston.

  • Special Metals lays off 81 workers in W.Va., Ky. Tuesday, 9 Oct 2012 | 11:06 AM ET

    HUNTINGTON, W.Va.-- Specials Metals Corp. has laid off more than 80 workers in Kentucky and West Virginia. Special Metals' parent, Precision Castparts Corp., announced the layoffs Monday. Precision Castparts spokesman Dwight Weber attributes the decision to adverse market conditions.

  • Rockefeller to discuss US efforts on W.Va. tourism Tuesday, 9 Oct 2012 | 10:27 AM ET

    The West Virginia Democrat is scheduled to focus on federal efforts at increasing tourism during his address Tuesday. The conference brings together representatives from the travel industry, state and local officials and others with the aim of increasing visitors to West Virginia attractions.

  • NASHVILLE, Tenn., Oct 8- About 13,000 people in 23 U.S. states may have received steroid injections linked to a rare fungal meningitis outbreak that has killed eight people, but far fewer are likely to contract the disease, the Centers for Disease Control said on Monday.

  • NASHVILLE, Tenn., Oct 8- Some 13,000 people in 23 U.S. states may have received steroid injections linked to a rare fungal meningitis outbreak that has killed eight people, but far fewer are likely to contract the disease, the Centers for Disease Control said on Monday.

  • Wanna sell a cookbook? Become a popular QVC host Monday, 8 Oct 2012 | 3:34 PM ET

    WEST CHESTER, Pa.-- It's a Sunday afternoon, and David Venable is in his element: on the air, in one of the kitchens at the QVC home shopping network, chatting a mile a minute about bakeware on his popular show, "In the Kitchen with David."

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