Norfolk Southern’s 2Q profit drops 23 percent as coal slows

Norfolk-Southern-NS-LogoOMAHA, Neb. (AP) _ Norfolk Southern’s 23 percent drop in second-quarter profit follows the same story line as other railroads seeing a sharp decline in coal shipments. Norfolk Southern posted $433 million net income, or $1.41 per share. That’s down from $562 million, or $1.79 per share, a year ago. The Norfolk, Virginia, railroad fell just shy of the per-share earnings of $1.42 that analysts were looking for, according to a poll by FactSet. Norfolk Southern’s revenue decreased 11 percent to $2.71 billion because coal volume fell 21 percent and total volume declined 2 percent. That revenue figure was also more meager than expected. Union Pacific and CSX railroads both cited similar challenges when they released results earlier this month.

Share on LinkedInShare on Google+Tweet about this on TwitterShare on Facebook

Milling and paving operations on Wards Road

lynchburg logo - important announcementsBeginning Sunday, August 2, and continuing through Sunday, August 16, 9:00 p.m. – 6:00 a.m. daily, crews will be milling and paving on Wards Road, from the Lynchburg City limits north bound to Harvard Street. Traffic will be restricted to one lane. Motorists should expect minor delays and use caution while traveling through the work zone.

Share on LinkedInShare on Google+Tweet about this on TwitterShare on Facebook

McAuliffe names longtime Fairfax judge to Va. Supreme Court

STATE-NEWSRICHMOND, Va. (AP) _ Gov. Terry McAuliffe has appointed Fairfax Circuit Judge Jane Marum Roush to the Virginia Supreme Court. Roush will succeed Justice LeRoy F. Millette Jr., who is retiring at the end of the month. The appointment, announced Monday, requires General Assembly confirmation. Fairfax County’s 13-member legislative delegation, which includes both Democrats and Republicans, recommended Roush in a letter to McAuliffe in May. Roush is best known for presiding over the 2003 trial of D.C. sniper Lee Boyd Malvo, who is serving life in prison. The Virginia Supreme Court also chose Roush to preside in the ongoing case of Charles Severance, who is charged with killing three people in Alexandria. Roush has been a circuit judge for 22 years.

Share on LinkedInShare on Google+Tweet about this on TwitterShare on Facebook

Former Virginia governor appeals corruption conviction again

Former Virginia  Gov. Bob McDonnell

Former Virginia
Gov. Bob McDonnell

RICHMOND, Va. (AP) — Former Virginia Gov. Bob McDonnell is asking that the entire 4th U.S. Circuit Court of Appeals reconsider his corruption convictions. McDonnell’s legal team filed a petition Friday for a rehearing of his appeal after a three-judge panel unanimously upheld the convictions earlier this month. A jury in September found McDonnell and his wife, Maureen, guilty of doing favors for former Star Scientific CEO Jonnie Williams in exchange for more than $165,000 in gifts and loans. The former Republican governor, once widely considered a possible running mate to former Republican presidential candidate Mitt Romney, was sentenced in January to two years in prison. His wife was sentenced in February to one year and one day in prison. Both are free on bond while they pursue appeals.

 

Share on LinkedInShare on Google+Tweet about this on TwitterShare on Facebook

Lynchburg looking to fill vacancies on boards and commissions

lynchburg logo - important announcementsIn September 2015, there will be anticipated vacancies on several boards and commissions. If you are interested in being considered to fill one of the vacancies, please complete an application and return it by Monday, August 31 to the Clerk of City Council, 900 Church Street, Lynchburg, VA 24504. Applications may be downloaded from the City’s website by clicking here or can be mailed upon request by calling (434) 455-3995.

The following boards and commission will have vacancies

Virginia Alcohol Safety Action Program Board – 1 vacancy

Social Services Advisory Board – 3 vacancies

Board of Building Code Appeals – 4 vacancies

Redevelopment & Housing Authority – 1 vacancy

Lynchburg Business Development Centre – 3 vacancies

Share on LinkedInShare on Google+Tweet about this on TwitterShare on Facebook

Interview with Tracey Dixon from the Lynchburg Morning Rotary Club

rotary club logo cropWe had the pleasure of speaking with Tracey Dixon from the Lynchburg Morning Rotary Club. Listen to the full interview here!

Play/Download News Clip

Share on LinkedInShare on Google+Tweet about this on TwitterShare on Facebook




GameStop Release DSG Release         Cloned Credit Card Fraud in Lynchburg The Lynchburg Police Department is investigating incidents involving the use of a cloned credit card. On June 6, 2015, the Hispanic male pictured below used the cloned card to purchase gift cards at GameStop and Dicks Sporting Goods on Wards Rd.   Anyone with information on the identity of the subject, or other information related to incident, please contact Detective D. W. Clarke at 434-455-6147 or call Crime Stoppers at 1-888-798-5900. Visit the Central Virginia Crime Stoppers website at www.cvcrimestoppers.org to enter a web tip, or text “CVCS” plus your message to 274637.  


Social


Janet's Five & Dine
Wyndhurst Wednesdays
Morning Line Coffee Break
Test