W.Va. PSC approves wind farm expansion
QUINWOOD, W.Va. -- More wind turbines are on the way in Greenbrier County after getting the go-ahead from state regulators.
The West Virginia Public Service Commission has approved the Invenergy subsidiary's request to construct 33 turbines west of its existing Beech Ridge Energy wind farm near Quinwood. The existing farm has 67 turbines.
The Register-Herald reports that the windmills will be placed on a 70,000-acre tract owned by MeadWestvaco Corp.
Although at one time the center of protests in Greenbrier County, the Beech Ridge Wind Farm now appears to have few opponents and many supporters, according to PSC documents.
CEO of WVU Hospitals says he'll retire in 2014
MORGANTOWN -- The president and chief executive officer of WVU Hospitals is retiring next spring.
Bruce McClymonds announced his decision Friday. He'll leave in May 2014.
McClymonds joined the organization as chief financial officer in 1989, served as chief operating officer in 1995-96 and was appointed to the top leadership post in 1997.
Under McClymonds' leadership, WVU Hospitals expanded the range of services and more than doubled the number of people it serves. It's also become one of the region's biggest employers.
Specials boost Olive Garden, Red Lobster
NEW YORK -- If the free breadsticks and unlimited soup and salad aren't enough, Olive Garden is hitting the gas on other promotions to get customers through its doors.
Darden Restaurants Inc., which has been struggling to hold onto customers in recent years, said deal offers like "2 for $25" dinner special helped drive up customer traffic at its flagship Olive Garden and Red Lobster chains in the latest quarter. The company said it will keep stressing the affordability of its food in the year ahead to attract more diners.
In a call with analysts, CEO Clarence Otis said that boosting customer traffic is a priority for the company, even if it means sacrificing profit margins for a time.
For the quarter, Darden said net income fell 12 percent on rising costs. It earned $133.2 million, or $1.01 per share, compared with $151.2 million, or $1.15 per share, a year ago.