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BUSINESS
U.S. Airways Magazine to highlight W.Va.
U.S. Airways Magazine will profile West Virginia in its November 2008 edition.
The article will be 20-24 pages and showcase the state's emerging technologies, key industries, academic institutions and health-care advances, according to a release from the West Virginia Department of Commerce. The in-flight magazine reaches more 6.8 million business and leisure travelers in 32 countries, the release said.
"The reality of economic development initiatives and the diversity of the current key industrial/commercial sector are far more interesting than the perception," said Carsten Morgan, northeast regional sales director for Pace Airline Media. "This is an untold story that truly is enlightening to our affluent and influential audience."
Treasurer's Office to offer online certificate auction
HUNTINGTON -- The West Virginia Treasurer's Office will offer an online certificate of deposit auction Wednesday, Sept. 10, at Marshall University.
The auction begins at 10 a.m. in the Drinko Library, and gives state banks a chance to bid for deposits. Banks with a state presence have 30 minutes in which to place online bids on $25 million. Interest rates and their corresponding dollar amounts are ranked from top to bottom at the end of the 30 minutes, determining who is "in" or "out" of the money.
The BTI, as the investment board is known, will oversee the online auction. Since its inception in 2006, the CD auction has placed on deposit $328 million with state banks and earned the state $7.5 million in interest. For more information, contact Glenda Probst at glenda.probst@wvbti.org.
Union apprenticeships to be discussed
BRIDGEPORT, W.Va. -- The Legislature's Committee on Workforce Investment For Economic Development invites the public to attend this month's interim meeting regarding union apprenticeship programs.
The committee will meet at 11 a.m. Tuesday, Sept. 9, in Bridgeport and will hear from Pennsylvania union representatives regarding the training programs there.
"I have long been interested in a program to help a person learn a trade while earning a livable salary, and I think these people will provide important insight as we develop our own legislation," Sen. Chairman Brooks McCabe, D-Kanawha, said in a press release. The committee will meet in Suites 1 and 2 of the Bridgeport Wingate Hotel.