CHARLESTON -- United Bankshares, Inc., an $8 billion regional banking company headquartered in Charleston, had its annual meeting of shareholders on May 19 at The Blennerhassett Hotel in Parkersburg.
During the meeting, it was announced that the following directors were elected by the shareholders to serve on the board of directors until the next annual meeting in 2009:
Richard M. Adams, chairman and chief executive officer; Robert G. Astorg, managing principal, H&R Block Tax and Business Service; W. Gaston Caperton, III, president of The College Board, New York, N.Y., president, Caperton Group, and former governor of West Virginia; Lawrence K. Doll, president of The Lawrence Doll Co., president, Lawrence Doll Homes, LLC; Theodore J. Georgelas, commercial real estate developer and managing director of Georgelas Group LLC.
Also, F.T. Graff Jr., attorney-at-law, partner, Bowles, Rice, McDavid, Graff & Love; John M. McMahon, chairman of Miller & Long Co., Inc.; J. Paul McNamara, former vice chairman of United Bank; G. Ogden Nutting, chairman of The Ogden Newspapers, Inc.; William C. Pitt III, hotel and resort developer; Donald L. Unger, president of Shenandoah Valley, United Bank; Mary K. Weddle, executive vice president of Long & Foster Real Estate, Inc.; and P. Clinton Winter Jr., president of Bray and Oakley Insurance Agency.
Esmark lands contract for Pittsburgh arena
WHEELING -- Steelmaker and distributor Esmark Inc. has won a contract to supply decking for the Pittsburgh Penguin's new hockey arena.
Esmark says the contract announced Friday calls for approximately 1,000 tons of steel decking and accessories from its Wheeling Corrugating division. The Wheeling-based company says it expects to ship steel from plants in Brooke County and Greensville County in southeast Virginia, starting in July.
The $290 million arena is expected to open in the 2010-11 season.
Airlines hike fares up to $60 roundtrip, cite fuel
NEW YORK -- Turns out that new airline checked-bag fee wasn't the end of it.
Airlines ratcheted up the pressure on fliers ahead of the holiday weekend, significantly raising ticket prices to offset the runaway cost of fuel. The three biggest carriers each boosted most domestic fares by up to $60 roundtrip, while budget airline AirTran Airways raised its leisure fares by $30 roundtrip.
UAL Corp.'s United Airlines led the round of increases late Thursday, lifting roundtrip ticket prices by $10 to $60, depending on how far passengers fly and the competition on the route. Travelers will pay the biggest increase on routes of 750 miles or more -- less than the distance from New York to Chicago -- that low-cost carriers such as Southwest Airlines Co. do not serve.
AMR Corp.'s American Airlines, the biggest U.S. carrier, and No. 3 Delta Air Lines Inc. matched the increase Friday.
Separately, AirTran raised leisure ticket prices by $30 and business-class fares by $50 roundtrip. Such a large change is unusual for a budget carrier.
The increases came just days after American said it would begin charging customers $15 to check a single piece of luggage. Representatives from a number of other carriers, many of which are already charging $25 for a second checked bag, said they are considering following suit.
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