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Top News & Analysis West Virginia

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  • US oil and natural gas rig count down 2 to 874 Friday, 31 Jul 2015 | 2:21 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by two this week to 874.. Among major oil- and gas-producing states, New Mexico gained three rigs, Louisiana gained two and North Dakota, Ohio, Texas and Wyoming each gained one. Kansas lost four rigs, Utah declined by three, Alaska and...

  • Shenandoah Telecom posts 2Q profit Friday, 31 Jul 2015 | 7:09 AM ET

    EDINBURG, Va. _ Shenandoah Telecommunications Co. on Friday reported second-quarter earnings of $10.5 million. The telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia posted revenue of $85.7 million in the period. Shenandoah Telecom shares have climbed 2 percent since the beginning of the year.

  • Ohio requires front license plates, but some states don't Wednesday, 29 Jul 2015 | 12:19 PM ET

    But it's different in Ohio, where a motorist was fatally shot in Cincinnati during a traffic stop prompted by his failure to display a front plate. Ohio legislators raised the issue again as recently as this year, though it didn't go anywhere. According to a database maintained by the group, 19 states— including Ohio neighbors Indiana, Michigan, Pennsylvania, West...

  • United Bankshares meets 2Q profit forecasts Wednesday, 29 Jul 2015 | 8:03 AM ET

    CHARLESTON, W.Va. _ United Bankshares Inc. on Wednesday reported second-quarter profit of $34.8 million. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 50 cents per share. United Bankshares shares have risen 11 percent since the beginning of the year.

  • The ruling by the U.S. Court of Appeals for the District of Columbia Circuit orders the EPA to redo sulfur-dioxide and nitrogen-oxide standards for 13 states, mostly in the South and Midwest, that contribute to soot and smog along the East Coast. The April 2014 ruling was an important victory for the Obama administration and capped a decades-long effort by the...

  • Among the challengers were coal company Peabody Energy Corp and utility American Electric Power Co Inc.. The appeals court ruled that the EPA would have to revise sulfur dioxide emissions budgets for four states and nitrogen oxide budgets for 11 because it had asked them to reduce their emissions by more than required. The EPA has "required states to reduce...

  • Summit Financial posts 2Q profit Monday, 27 Jul 2015 | 6:27 AM ET

    MOOREFIELD, W.Va. _ Summit Financial Group Inc. on Monday reported second-quarter profit of $4 million. Summit Financial shares have dropped almost 5 percent since the beginning of the year. Keywords: Summit Financial, Earnings Report.

  • YANGON, Myanmar— From space, the fishing boats are just little white specks floating in a vast stretch of blue water off Papua New Guinea. The trawlers fled a slave island in Indonesia with captives of a brutal Southeast Asian trafficking ring whose catch reaches the United States. After a four-month investigation, The Associated Press has found that at least...

  • That's how many big companies could remain after the proposed combinations of Anthem with Cigna and Aetna with Humana, and experts say it would at a minimum bring close scrutiny of the deals. At only three companies, "The agencies' ears tend to perk up," said Allen Grunes, who led merger investigations at the Justice Department as an antitrust attorney.

  • WHITE SULPHUR SPRINGS, W.Va.— As Congress considers a long-awaited transportation funding bill, some Republican governors as well as Democrats say they aren't waiting to raise or borrow money to fix or build roads, bridges and highways. GOP governors in Georgia, Iowa, South Dakota and Utah are among those who have approved road tax increases.

  • City Holding posts 2Q profit Thursday, 23 Jul 2015 | 8:30 AM ET

    CHARLESTON, W.Va. _ City Holding Co. on Thursday reported second-quarter profit of $12 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share. City Holding shares have climbed 10 percent since the beginning of the year.

  • House approves bill to tweak coal ash standards Wednesday, 22 Jul 2015 | 6:54 PM ET

    David McKinley, R- W.Va., said it was needed because the EPA rule leaves open the possibility that coal ash could be designated as hazardous, creating uncertainty for industry. The White House said in its veto threat that the House bill would undermine public health and environmental protections provided by the EPA rule. The EPA rule "articulates clear and...

  • Republicans eliminated the proposal from a multi-year surface transportation bill, after coming under pressure from the Obama administration and Democratic lawmakers, whose support they need for passage of the legislation, Senate aides said on Wednesday. In late June, the Republican-controlled Senate Commerce Committee voted to repeal the requirement...

  • Republicans eliminated the proposal from a multi-year surface transportation bill, after coming under pressure from the Obama administration and Democratic lawmakers, whose support they need for passage of the legislation, Senate aides said on Wednesday. In late June, the Republican-controlled Senate Commerce Committee voted to repeal the requirement...

  • Prosecutors want guilty plea hearing for WVa exec in spill Wednesday, 22 Jul 2015 | 12:08 PM ET

    CHARLESTON, W.Va.— Federal prosecutors want a judge to schedule a guilty plea hearing for the top executive charged in a massive chemical spill that contaminated West Virginia's biggest drinking water supply last year. In federal court in Charleston on Wednesday, prosecutors asked Judge Thomas Johnston to set the hearing for former Freedom Industries...

  • GLEN FERRIS, W.Va.— CSX is continuing to closely monitor the environmental impact of a fiery oil-train derailment in southern West Virginia, a spokeswoman said Tuesday. On Feb. 16, 27 cars of a CSX train's 109 cars derailed during a snowstorm in Mount Carbon. Under a March consent order with the U.S. Environmental Protection Agency, the railroad agreed to a long-term...

  • WesBanco misses Street 2Q forecasts Tuesday, 21 Jul 2015 | 4:51 PM ET

    WHEELING, W.Va. _ WesBanco Inc. on Tuesday reported second-quarter profit of $21.6 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share. WesBanco shares have risen slightly more than 1 percent since the beginning of the year.

  • Unemployment rate dips slightly in Mississippi in June Tuesday, 21 Jul 2015 | 11:47 AM ET

    JACKSON, Miss.— Mississippi's unemployment rate dipped in June, but employer payrolls fell, as the state's job market sent mixed messages. Despite the improvement, Mississippi remained tied for the third-highest jobless rate among states. The figures— adjusted to cancel out seasonal changes— were released Tuesday by the U.S. Labor Department.

  • WASHINGTON— Unemployment rates fell last month in 21 U.S. states and were unchanged in 17, as widespread job growth and a shrinking workforce reduce the ranks of those out of work. The figures point to widespread improvement in the nation's job market. The Labor Department said Tuesday that unemployment rates rose in 12 states.

  • *Russian billionaire Yuri Milner funding 10- year project. SAN FRANCISCO/ LONDON, July 20- Scientists are about to embark on the biggest search yet for alien life, sweeping the skies for signals of civilisations beyond our solar system with $100 million from a Russian billionaire and the backing of physicist Stephen Hawking. It's time to commit to finding the...