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Intel slashes 18,000 jobs and suspends dividend to better compete with chip rivals Nvidia and AMD

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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.

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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.

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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.

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West Virginia

State officials look to limit number of W.Va. youth in out-of-state placement facilities

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State officials look to limit number of W.Va. youth in out-of-state placement facilities


West Virginia is trying to bring home more than 300 children placed in expensive out-of-state treatment by the child welfare system.

Tuesday Gov. Patrick Morrisey revealed plans to create what the state is calling a home base initiative fund. It would allow for renovations and repairs to existing state buildings if it helps keep from sending troubled children to out-of-state placement facilities.

Out-of-state placements – now serving about 380 youth – cost about $156,000 per child and are undesirable due to separating families.

“We want to create a new revolving investment fund in order to make sure we’re building our existing state-owned facilities,” Morrisey said. “Those dollars are going to be used to renovate and repair existing state property by providing high acute psychiatric, neural-developmental and trauma services for kids in West Virginia.”

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Morrisey said the details still have to be worked out with the Legislature on this program which is aimed at limiting the number of West Virginia youth kept out-of-state. The governor appears ready to commit $6 million in surplus money toward the effort.

“It’s a huge problem, an expensive problem,” Sen. T. Kevan Bartlett, R-Kanawha, said. “It’s a problem that’s not reflective of our values to send kids away. We’ve got to come up with better answers to take care of kids. It’s the best that we can do. Then we’ve got to come up with something much better. I think that’s what the governor wants to do and I support that completely.”

Morrisey noted children in foster care have at least dropped a little below 6,000. While that number still seems high, Child Protective Services’ backlog has been cut by 50%. Numbers show children removed from a home for substance abuse is down 37%.

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“These are the statistics but we shouldn’t be beating our chests,” Morrisey said. “We have a lot more work to do.”



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As expected, buck harvest down significantly for 2025 – WV MetroNews

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As expected, buck harvest down significantly for 2025 – WV MetroNews


CHARLESTON, W.Va. — West Virginia deer hunters killed 33,775 bucks during the recently completed two week buck firearms season.

According to information released Tuesday by the West Virginia Division of Natural Resources, Greenbrier County was the top county in the state for bucks in 2025 with 1,730 killed during the gun season. Second was Preston County with 1,349, Randolph County 1,198, Hardy County 1,165 and Pendleton at 1,135. The rest of the top ten counties in order were Pocahontas, Monroe, Grant, Fayette, and Hampshire Counties.’

Click here to see county-by-county buck firearms season harvests for the last five seasons.

As predicted by the DNR prior to the season, the total harvest was 18.5 percent below 2024. All of the DNR’s districts registered a decrease in harvest, with the exception of District 4 which experienced a 7.5 percent increase compared to last year. The DNR predicted the lower harvest because of a major abundance of mast in the state. The conditions were such that deer didn’t have to travel far to find adequate food and therefore were not as exposed to hunters.

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The agency acknowledged several counties along the Ohio River and central West Virginia experienced an outbreak of hemorrhagic disease in the early fall which also impacted hunter success especially in western counties of the state.

Several deer hunting opportunities remain for 2025. The state’s archery and crossbow season runs through Dec. 31, the traditional Class N/NN antlerless deer season will be open in select areas on public and private land Dec. 11-14 and Dec. 28-31, the muzzleloader deer season will be open Dec. 15-21 and the youth, Class Q and Class XS season for antlerless deer will be open Dec. 26-27 in any county with a firearms deer season.



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West Virginia American Water proposes $46 million rate hike affecting 172,000 customers

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West Virginia American Water proposes  million rate hike affecting 172,000 customers


A possible utility rate hike is being discussed for West Virginia American Water customers. It would affect 172,000 customers in 22 counties.

On Monday night, at a public hearing, only two people spoke out sharing their thoughts on the proposed hike.

“I’m here to ask the PSC to finally, once and for all, take care of the consumers of water by making sure the water company follows industry standards and international code,” WVAW customer, Howard Swint said.

According to a press release from West Virginia American Water, the new rates would be implemented in two steps with the first step of a $11 increase per month going into effect on March 1st, 2026.

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The second step establishes final rates would be a $5 increase becoming effective on March 1st, 2027. Those numbers being based on the bill of an average residential customer.

“The system we’re hoping to get a hearing on today is terribly antiquated and it also has a lot of other shortcomings that cheat the water rate consumers by virtue of the fact that they’re putting band-aids on a system that should really be replaced. Now that’s going to require money, I understand that” Swint said.

In total, water rates would see a $46 million increase, and sewer rates would see a $1.4 million increase. According to the company, these increases would go towards making further improvements to their infrastructure.

“In downtown Charleston, last year it was flooded. We pay for that as consumers. We have to pay for that. It’s a system that’s antiquated that has to be fixed. So that requires money to bring it up to international code and industry standards. It’s something we all will pay less in the future for by virtue of having a system that’s reliable,” Swint said.



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