Sunday, May 24, 2020
HUNTINGTON — Many folks have already seen the television commercials about Yes Ford of Huntington, which has taken over the former Todd Judy Ford dealerships in Huntington.
Friday, May 22, 2020
Wednesday, May 20, 2020
McDonald’s Corp. is estimating that tens of millions of dollars will be needed to help U.S. franchisees, but has also warned that some distressed franchisees may need to downsize or sell off locations.
Sunday, May 17, 2020
HUNTINGTON — Charles Jacob Wood, a graphic design student at Marshall University, has been chosen as the winner of a $10,000 Live Mas scholarship from the Taco Bell Foundation.
HURRICANE, W.Va. — Alpha Technologies, a Hurricane-based information technology firm will host a free webinar from 2 to 3 p.m. Wednesday, May 20, in partnership with the West Virginia Small Business Development Center.
SOUTH POINT, Ohio — On a thousand acres in rural Lawrence County, a chemist-turned-farmer and veterinarian says local farms could be the key to solving the nation’s meat shortage.
Saturday, May 16, 2020
The coronavirus could have been the last straw for City Bikes, an independent bike shop in Washington that was on fragile financial ground before the pandemic struck. But last weekend, Charles McCormick found himself in his shop after midnight, assembling bike after bike. Sales had more than…
HUNTINGTON — Kroger is not planning to extend its so-called “hero pay,” a $2-per-hour wage increase, after Saturday, May 16, and the union representing the workers says it’s outraged.
Thursday, May 14, 2020
NEWELL, W.Va. — The Fiesta Tableware Co., known widely for its brightly hued tableware and home goods, announced Thursday plans for layoffs that could result in up to one-third of its employees permanently losing their jobs.
Monday, May 11, 2020
ATHENS, Ohio — JobsOhio, Ohio Southeast Economic Development (OhioSE) and the Athens County Port Authority has announced in a joint press release that site development at the Bill Theisen Industrial Park in Athens County will be supported with a $2.9 million JobsOhio Grant.
Sunday, May 10, 2020
MASON, W.Va. — In late April, Farm Credit of the Virginias released the latest installment of its Ag & Culture video series featuring Mason, West Virginia-based Bob’s Market and Greenhouses.
HUNTINGTON — Businesses in the Huntington area deemed essential, which have been open throughout the coronavirus pandemic, say they have learned many lessons and have some advice for businesses that are reopening in the coming weeks.
Saturday, May 09, 2020
CHARLESTON — United Bankshares Inc., the parent company of United Bank, has announced the completion of its acquisition of Carolina Financial Corp.
Wednesday, May 06, 2020
For more than four decades, Strawberry Pie Week has started the Tuesday after Mother's Day, but due to the coronavirus pandemic it has been postponed indefinitely for 2020.
Monday, May 04, 2020
SOUTH WILLIAMSON, Ky. — State Electric and Supply Co. recently closed its location in South Williamson, Kentucky, after 41-plus years of serving the Tug Valley area.
Sunday, May 03, 2020
HUNTINGTON — After at least 40 years of thinking about producing and selling Jim’s Steak and Spaghetti House spaghetti sauce outside of the restaurant and Huntington, two of Jim’s grandsons have just launched Jim’s Spaghetti Sauce in Nashville, Tennessee.
John Tyson, the billionaire whose family business reigns as the largest meat processor in the U.S., took out ads in national newspapers to complain about a “breaking” food supply chain.
RIPLEY, W.Va. — Some major grocery store chains are struggling with maintaining meat supplies, given the recent Tyson, Smithfield and JBS plant closures prompted by the coronavirus pandemic.
Saturday, May 02, 2020
Friday, May 01, 2020
WASHINGTON — The Federal Reserve is planning to launch its emergency lending program for small and medium-size businesses soon, and even more businesses will be able to qualify than originally planned.
Thursday, April 30, 2020
U.S. stocks slumped Thursday amid dire economic warnings, more dismal data and corporate results that reflected the coronavirus’s toll, ending their best month in two decades on a slightly sour note.
Wednesday, April 29, 2020
LOGAN, W.Va. — Uber Capital Group (UCG), a commercial real estate financial advisory and mortgage origination firm based in New York, has sourced an $11 million acquisition financing loan for the Fountain Place Mall in Logan as part of its purchase.
Monday, April 27, 2020
HUNTINGTON — As businesses plan to reopen following West Virginia Gov. Jim Justice’s announced plan to economic recovery on Monday, the Cabell-Huntington Health Department is offering help on how to do it.
Sunday, April 26, 2020
As the coronavirus pandemic leads to anxiety over the strength of the world’s food supply chains, everyone from governments to banks are turning to the skies for help.
Q: My wife works for a day-care business that has been closed by order of the state during the coronavirus pandemic. She was collecting unemployment, including the extra $600 a week provided by the federal government under the CARES Act, but then received an email that the day-care had been …
HUNTINGTON — Republic Services says it has launched Committed to Serve, a $20 million initiative to recognize its front-line employees in the field, their families and small-business customers across the country.
HUNTINGTON — Dr. Rocco Morabito Sr. says he has never regretted a day of being a urologist during his nearly four-decade career in Huntington.
Thursday, April 23, 2020
A quarter of working Americans believe it’s “very likely” or “fairly likely” they will lose their job or be laid off in the next 12 months, according to a Gallup poll.
Tyson Foods Inc. is halting its largest pork plant, becoming the third major U.S. facility to shut as the coronavirus sickens workers, exacerbates livestock gluts and threatens supplies.
Monday, April 20, 2020
WASHINGTON — Declines in revenue because of the decreased use of U.S. Postal Service (USPS) products due to the COVID-19 pandemic has led the USPS to announce creative ways to connect during the crisis.
Sunday, April 19, 2020
Tempers are getting short. Supplies of ground beef even shorter. People are looking into each other’s shopping carts. Is that guy really going to use all four cans of chickpeas? That’s a lot of emergency hummus.
PIKEVILLE, Ky. — In normal times, the Pike County Tourism Convention and Visitors Bureau and similar convention and CVBs throughout Kentucky market their communities. However, in the midst of the coronavirus pandemic, they have become community support organizations.
Saturday, April 18, 2020
HUNTINGTON — Sheetz has announced an expansion of the “Kidz Meal Bagz” program providing free food to help children and families in need as a result of the coronavirus pandemic.
ROANOKE, Va. — Kroger stores in the company's Mid-Atlantic region, which includes West Virginia, Ohio and Kentucky, will begin accepting Supplemental Nutrition Assistance Program (SNAP) payments for groceries ordered for pickup starting Tuesday, according to a company news release.
Friday, April 17, 2020
HUNTINGTON — Huntington-based C.I. Thornburg Co. Inc., also known as CITCO, acquired Viking Supply, located in Hebron, Kentucky, the company announced this week.
CHARLESTON — In response to the U.S. Department of Transportation suspending its prohibition of food trucks at federally funded rest areas, the West Virginia Division of Highways has set guidelines allowing for food trucks at rest areas as a temporary measure to ease the burden on truck driv…
HUNTINGTON — A Denver-based real estate investment firm has purchased the Amazon Customer Service Center in Huntington’s Kinetic Park for $16.9 million.
Thursday, April 16, 2020
Investors received a reality check Wednesday on what happens when the world’s biggest economy comes to a near-stop in the grip of a pandemic. A series of wrenching numbers were issued on retail sales, oil prices and bank profits that knocked a stock rally off its tracks and hit the pause but…
Oil fell below $20 a barrel on Wednesday, clinging to the lowest level since 2002, amid a record collapse in U.S. fuel demand and the biggest ever weekly build in domestic crude supplies.
Wednesday, April 15, 2020
HUNTINGTON — On Monday, the Saad family announced on Facebook that it was closing Julian's Market “indefinitely” on Friday, April 17.
Stocks rallied Tuesday on some signs that the coronavirus outbreak is either leveling off or easing, with traders assessing the first reports of the cloudy corporate earnings season.
Tuesday, April 14, 2020
The Advantage Valley economic development group this week will launch a new program called FASTER WV, which stands for Fostering Advantages for Start-Ups & Entrepreneurial Resurgence in West Virginia.
Sunday, April 12, 2020
HUNTINGTON — When the First State Bank of Barboursville failed this month, it marked the end of a community bank that had been in business more than a hundred years.
When First State Bank’s problems surfaced in 2013, West Virginia had 62 banks headquartered within its borders. West Virginia began this year with 50 banks calling the Mountain State home. Today it has 48.
Saturday, April 11, 2020
Chad Inver used to supply wheels of cheese, 100-pound batches of beef fillets and cases of butter to restaurants, bars and hotels around Philadelphia. Now in the wake of America’s coronavirus shutdown, he’s surviving by selling goods to households via Ziploc bag.
Bankruptcies related to COVID-19 shutdowns will set records in the next 12 months, according to Edward Altman, the professor emeritus at New York University’s Stern School of Business who developed a widely used method called the Z-score for predicting business failures.
Friday, April 10, 2020
Federal Reserve Chairman Jerome Powell said Thursday the U.S. economy is in an emergency and is deteriorating “with alarming speed.” His remarks came shortly after the central bank unveiled over $2 trillion in new loans to keep the economy afloat as much of the nation goes into a lockdown to…