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United posts record 2Q earnings

PARKERSBURG – United Bankshares has reported record earnings for the second quarter of 2026 of $131.4 million, or 95 cents per diluted share. Second quarter of 2026 results produced annualized returns on average assets, average shareholders’ equity, and average tangible common equity, a non-GAAP measure, of 1.56%, 9.53%, and 15.15%, respectively. “We delivered record results in the second quarter, and our consistent and disciplined approach to managing our Company’s affairs continues to pay dividends,” Richard M. Adams Jr., United chief executive officer. “We look forward ...

Justice family seeks delay to Aug. 7 for new Greenbrier lender deal

CHARLESTON – The family of U.S. Sen. Jim Justice met a deadline to explain where they are in finalizing a deal with a new lender for the historic Greenbrier Resort, seeking an additional 18 days before a federal lawsuit resumes. In a response filed Tuesday to an order to show cause issued ...

Power Struggle: Comcast and Appalachian Power fight again over broadband pole attachment charges

CHARLESTON – Once again, a major telecommunications company is taking on one of West Virginia’s two electric utilities over the issue of unfair charges for attaching new broadband to poles. Attorneys for Comcast Cable Communications last week filed a pole attachment complaint against Appalachian Power with the Federal Communications Commission. The dispute centers on pole attachment fees, with Comcast alleging that Appalachian Power is flouting a prior 2026 FCC order by charging arbitrary percentages for infrastructure replacements. Comcast argues that it should only be ...

U.S. attorney reaches $4.17M civil settlement, compliance agreement with WVU Health System over controlled substance violations

MORGANTOWN — The U.S. Attorney’s Offices for the Northern and Southern districts of West Virginia announced Monday that West Virginia United Health System, doing business as West Virginia University Health System, has agreed to pay $4,177,139 and enter a memorandum of agreement to resolve civil allegations that it violated provisions of the Controlled Substances Act across various registered facilities over a seven-year span. According to a Drug Enforcement Agency investigation, WVUHS committed numerous record-keeping and reporting violations from 2017-2024. WVUHS facilities failed ...