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Mar 9, 2012 - The Associated Press

Worland co-op store to close

WORLAND (AP) -- A community-owned department store in Worland is closing its doors.

The board of directors of Washakie Wear has decided to shut it down for financial reasons.

Washakie Wear was formed in 2002 after two regional clothing chain stores shut down in Worland as the community lost shoppers to the Walmart stores in Cody and Riverton.

CEO Charles Gilmore said the store enjoyed success initially but revenues have declined significantly over the last three years.

Gilmore says the board of directors intends to repay the store's investors once all outstanding store obligations are met.

Mead gets bill on retiree raises

CHEYENNE (AP) -- A decision on whether to restrict cost of living increases for Wyoming public retirees now rests with Gov. Matt Mead.

Wyoming lawmakers on Thursday agreed on a bill to end retiree raises until retirement funds reach a funding ratio of 100.

That's down from the 120 percent ratio recommended by the Joint Budget Committee.

Cap on ATM fees revisited

Wyoming is the only state to cap ATM fees but that could change.

Wyoming lawmakers passed a bill to scrap the state's $2 fee limit this session, sending the measure to Gov. Matt Mead.

Mead spokesman Renny MacKay says the governor hasn't decided whether he'll sign the bill.

The bill passed with overwhelming support.

Backers said the fee is unfair to the owners of independent ATMs, many of them in family-owned businesses, because it doesn't cover the costs of operating the machines.

Technically, nationally chartered banks are exempt from the $2 cap because they're regulated by the federal government.

However, the bill's sponsor, Sen. Bruce Burns, says most banks voluntarily adhere to the $2 limit out of respect for state law.

FedEx driver charged in theft

ROCK SPRINGS (AP) -- Sweetwater County sheriff's officials have arrested a delivery driver accused of stealing close to $9,000 in equipment and goods from FedEx.

Authorities say 22-year-old Jayce Chandler Brood of Rock Springs is a contract driver for FedEx.

He appeared in court Thursday on charges of larceny by bailee and wrongful taking or disposing of property. His bond was set at $7,500.

Sheriff's officials started investigating after a computer was reported missing from a FedEx shipment.

Investigators say they searched Brood's apartment and a vehicle and recovered items including six iPad 2s, coffee, computers, speakers and a flat-screen television that had been stolen from FedEx.

Brood didn't immediately return an e-mail Thursday seeking comment.
 

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