Blackjewel coal miners will need to wait at the least a later date to understand in the event that purchase associated with coal that is bankrupt’s mines and gear will deliver their overdue paychecks.
The U.S. Bankruptcy Court for the Southern District of western Virginia recessed Monday after an all-day hearing that yielded few outcomes. The court is planned to resume the hearing Tuesday at 9 a.m.
Presiding Judge Frank Volk authorized six bids, nevertheless the three primary purchase proposals for Blackjewel mines in Kentucky, Virginia, western Virginia, and Wyoming stay in limbo.
Blackjewel Miners Maintain Blocking Railroad In Southeastern Kentucky
Unpaid miners invested a 4th time Thursday for a Kentucky railroad protesting Blackjewel Mining, being a bankruptcy court willing to offer from the business’s assets.
ARC Awards Give To Simply Help Pave Path To Addiction Healing
The Appalachian Regional Commission has granted a major grant to exactly exactly just what it calls a forward thinking pilot system for a region struck difficult by the addiction crisis. The target is to assist individuals struggling with addiction log in to the street to therapy, data data recovery, and вЂ“ fundamentally вЂ“ work.
Individuals with substance usage problems may have difficulty addressing addiction therapy, long-term data recovery programs, and task possibilities should they do not get access to dependable transport, specially in rural areas.
Blackjewel Miners Block Railroad To Need Pay From Bankrupt Coal Business
Some coal miners left without pay by the bankruptcy of coal business Blackjewel LLC are protesting by blocking a coal train in eastern Kentucky.
The stand-off started early Monday whenever five miners blocked the train from making the Cumberland, Kentucky, plant. Despite police asking them to go out of, miners invested the evening blocking the railroad to protest Blackjewel coal that is moving miners have actually yet become compensated.
Kentucky Ranks Third Among States Because Of The Cheapest Credit Debt
Based on a unique report, Kentucky ranks 3rd among states because of the cheapest personal credit card debt.
at the start of the 12 months, People in america owed a lot more than $1 trillion in personal credit card debt.
Many continuing states are much better than others with regards to investing a lot more than they could manage.
Coal Miners Back in Washington Battling for Advantages
United Mine Workers and supporters had been on Capitol Hill Wednesday in an attempt to shore up their retirement and health advantages. Significantly more than 43,000 coal miners in Kentucky, Ohio and western Virginia are growing anxious about losing their your your your retirement advantages.
The coal miner’s union states its retirement investment will likely to be insolvent in 3 years if Congress doesn’t do something. In the event that retirement plan defaults, coal miner’s your retirement plans will fall to your Pension Benefit Guaranty Corporation, that may reduce their advantages. It could additionally place the PBGC vulnerable to insolvency.
Residing Wage: Ohio Valley Workers, Employers React As Home Votes For $15 Minimal Wage
The U.S. home of Representatives voted Thursday to boost the federal minimum wage to $15 one hour, significantly more than double the present $7.25 price, which includes perhaps perhaps perhaps maybe not changed in 10 years. The balance is not likely to clear the Senate that is republican-controlled Majority Leader Sen. Mitch McConnell of Kentucky has stated he’ll likely not go on it up.
However the vote adds power to election-season debate about a living wage, a concern that resonates with thousands when you look at the Ohio Valley, where low-wage jobs have now been using the host to higher-earning ones lost to decreases when you look at the mining and production sectors.
вЂњDeath Spiral.вЂќ What Sort Of Carbon Tax Could End Some Coal TownsвЂ¦Or Create An Innovative New Future
Decreasing coal income income income tax profits destination coal-reliant counties in Appalachia prone to financial collapse, relating to research that is new the centrist Brookings organization and Columbia University. Policies built to avoid climate that is further would speed up that decrease, the report discovered, but may possibly also offer a brand new blast of income to greatly help communities rebound from coal’s demise.
Minimal Wage Hike Might Have Significant Effect In Ohio Valley
A brand new report from the Congressional Budget Office shows increasing the federal minimum wage to $15 an hour or so would increase the wages of 17 million employees and raise about 1.3 million individuals away from poverty. However the CBO warns that may additionally end up in one or more million lost jobs and might reduce https://badcreditloanmart.com/payday-loans-ak/ income that is overall other people.
The report comes as Congressional Democrats prepare to vote from the very first escalation in the federal minimum wage in ten years. It is a move that may have impact that is tremendous the Ohio Valley, where low-wage solution sector jobs are changing greater receiving jobs in production and mining in lots of communities.
Judge Approves $5M Loan To Ailing Blackjewel Coal, But CEO Hoops Has Gone Out
Kentucky’s Attorney General stated on Friday he’s investigating complaints from miners whom state they may not be pay that is receiving the fast-moving bankruptcy negotiations for Blackjewel mining, which employs some 1100 individuals in Central Appalachia.
Attorney General Andy Beshear stated in a declaration he’s gotten troubling that isвЂњnumerousвЂќ associated with the business, вЂњranging from clawed straight back paychecks to youngster support dilemmas.
My Cool Kentucky Residence: Coal Nation Looking At Solar As Heating And Housing Expenses Climb
Joe Oliver and Tony Brown peered in to the crawl that is dark beneath a Letcher County, Kentucky, house. Currently, they are able to see dilemmas. The crawl area have been obstructed down in just a slim sheet of plywood; the articles giving support to the home rested on uneven blobs of poured concrete; the entire spot reeked of mildew.
A fuel drip detector beeped urgently in the conference of two pipelines.
Crawling on elbows and knees, ducking in order to prevent uncovered pipes, Oliver and Brown discovered flooding harm, bad ductwork, plus one really spider that is large.
Brand Brand Brand New Economic Information Show Appalachia’s Battles Amid Coal’s Decline
An report that is annual the Appalachian Regional Commission implies that while Appalachia is seeing some financial enhancement, the center associated with area and its particular coal-producing communities continue to be struggling. A few counties into the Ohio Valley are relocating a poor way in this report that is year’s.
The ARC report evaluates the Appalachian area making use of county-level information on jobless, per capita market income, and poverty. Counties are rated for a scale with five tiers. In the low end are those вЂњeconomically distressed,вЂќ or those standing one of the worst 10 % of county economies in the united kingdom. During the top quality is вЂњattainment,вЂќ for people with thriving economies on par with all the country’s top performing places. In between are counties labeled вЂњat risk,вЂќ вЂњtransitional,вЂќ or вЂњcompetitive.вЂќ