West Virginia
Intel slashes 18,000 jobs and suspends dividend to better compete with chip rivals Nvidia and AMD
West Virginia Gov. Jim Justice, a Republican candidate for U.S. Senate, is in a fight to keep his iconic Greenbrier hotel.
A legal notice announcing a public auction for the luxury resort near White Sulphur Springs due to unpaid debts was publicized in the West Virginia Daily News Wednesday — only the latest development in the Justice family’s financial woes.
Justice, who owns dozens of companies and whose net worth was estimated by Forbes Magazine to be $513 million in 2021, has been accused in numerous court claims of being late in paying millions of dollars he owes in debts for family businesses and fines for unsafe working conditions at his coal mines.
He began serving the first of his two terms as governor in 2017, after buying The Greenbrier, which has hosted U.S. presidents and royalty, out of bankruptcy in 2009. The PGA Tour held a tournament at the resort from 2010 until 2019.
His family also owns The Greenbrier Sporting Club, a private luxury community with a members-only “resort within a resort.” That property was scheduled to be auctioned off this year in an attempt by Carter Bank & Trust of Martinsville, Virginia, to recover more than $300 million in business loans defaulted by the governor’s family, but a court battle between the Justice family and the bank delayed that process.
Wednesday’s notice said the auction involves 60.5 acres — including the hotel itself and the adjacent parking lot — and is scheduled for August 27 at 2 p.m. at the Greenbrier County Courthouse in Lewisburg.
A spokesperson for Justice said the impending auction is not a state government matter and the governor’s office wouldn’t comment. Campaign staff did not return an email from The Associated Press Thursday.
In a statement to West Virginia MetroNews, Justice attorney Bob Wolford accused lender JPMorgan Chase Bank of aligning with the Democrats “to undermine the next Republican Senator from West Virginia.”
The statement said that the Justice family originally secured a $142 million loan in 2014 from JPMorgan Chase and that only $9.4 million in debt remains after payments made as recently as June of this year. On July 1, the governor was notified by JPMorgan Chase that it had sold Justice’s loan to Beltway Capital Management, which declared it to be in default.
A U.S. Senate financial disclosure report filed by Justice on July 13 — after the loan was sold to Beltway — identified The Greenbrier debt to be between $25 million and $50 million.
“Let me be clear that the Greenbrier will not be sold, and the Justice family will take all necessary action to ensure that there will not be any adverse impact on their ownership of the Greenbrier or the Greenbrier’s operations and the ability of the Greenbrier to continue to provide world class service for its guests will be uninterrupted,” Wolford told MetroNews.
West Virginia Democratic Party officials said in a statement that the resort’s foreclosure is not the result of a political stunt, as the Justice family’s attorney contends. A
“It is a direct consequence of his own financial incompetence,” they said.
JP Morgan Chase declined to comment.
West Virginia
No Kings protests draw crowds nationwide, including in Wheeling, West Virginia
OHIO COUNTY, WV — Protesters lined Kruger Street and National Road in Wheeling on Saturday as part of “No Kings” demonstrations held across the country.
People were already packed along the streets before the protest began at 11:30 as participants cited rising gas prices and the controversial Iran war. Protesters chanted and voiced their opinions during the event.
Teddie Grogan said the group gathered to push back against what they see as undemocratic leadership and unnecessary conflict. “We’re here today to protest the fact that we want our country we want it run as a democracy we don’t want wars that are somebodys choice and not a necessity,” Grogan said.
Former U.S. military member Cody Cumpston also criticized the current administration and said he is frustrated by the cost of living and the direction of the country. “I’m here today because of the current administration we’re in a new war we didn’t need to be in prices are still skyrocketing I’m just tired of it I feel like they’ve forgotten all about us and they keep forgetting about us,” Cumpston said.
Another protester, April Pascoli, said she believes many people are not aware of what the administration is doing internationally and at home. “If I don’t go to work one day and I ask people do you know what’s happening in this country? And somebody says, we’re at war right now? Really? People my age don’t even know that we have troops on the ground, that they are bombing. Bombing our bases in the middle east. Do you know that, do you realize that?” Pascoli said.
West Virginia
Morrisey: Growth of Alcon in Cabell County is evidence of good times ahead for WV
West Virginia
No. 17 West Virginia Travels to Face No. 22 Arizona State in Top-25 Weekend Series
The No. 17 West Virginia Mountaineers (17-4, 5-1) are in a top 25 road matchup and look to remain atop the Big 12 Conference standings against the No. 22 Arizona State Devils (18-6, 4-2) for a three-game weekend series. Game one is Friday night with the first pitch set for 9:30 p.m. EST (ESPN+) game two is Saturday at 9:30 p.m. EST (ESPN+) and the series finale is scheduled for Sunday night at 9:00 p.m. EST (ESPN2).
West Virginia comes into the game on a six-game winning streak after taking two of three from Baylor, sweeping BYU and knocked off Marshall Tuesday night.
Two Mountaineers reside in the top five of the Big 12 in batting averaging. Paul Schoenfeld has emerged as the Mountaineers leader at the plate, hitting a team-high .418, which ranks third in the conference with a team-best 26 RBI. The senior is currently on an 11-game hitting streak.
Gavin Kelly is fourth in the league with a .416 batting average and is riding a 17-game hitting streak. The sophomore leads the team in hits (37), runs (28) and doubles (11).
Senior Matthew Graveline has clubbed a team-high four home runs, while junior Armani leads the Mountaineers in stolen bases with 12.
On the mound, West Virginia is expected to start Dawson Montesa in the series opener. The junior right hander threw seven innings in his last outing against BYU, tying a season-high, with seven strikeouts. He holds 4-0 record with 4.65 ERA and 39 strikeouts.
Lefty Maxx Yehl is scheduled to move to the middle of the series after closing out each of the first six series of the season. The redshirt junior is second in the conference in ERA at .084, allowing a mere three runs in 32.0 innings of work. In the last two outings, he has recorded a combined 23 strikeouts, upping his season total to a team-leading 44 strikeouts on the season.
Chansen Cole will start game three. The right-handed sophomore had his toughest outing of the season last weekend against BYU. He allowed six earned runs in three innings, but registered six strikeouts. He is currently 3-0 with a 4.00 ERA with 29 strikeouts.
Arizona State is 11-2 after a four-game skid against SEC opponents, and notched its series wins over TCU and Kansas State.
Sophomore Landon Hairston leads the team with a .458 batting average, tie with fifth-year senior Dean Toigo with 11 home runs, 11 doubles, 36 runs, and 34 RBI.
Junior lefty Cole Carlon is slated to counter with Cole Carlon (2-1, 3.19 ERA), junior right-hander Alex Overbay (0-0, 5.19 ERA), is set for game two, and senior righty Kole Klecker (3-1, 5.61 ERA) is scheduled for the series finale.
This is the first meeting between the two programs.
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