Featured Stories
Two Entities Charged in $130 Million Fraud Scheme That Used False SEC Filings to Boost Investor Confidence
WASHINGTON, Oct. 31 (TNSdock) -- The Securities and Exchange Commission issued the following litigation release:
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Securities and Exchange Commission v. BG Wealth Sharing Ltd and DSJ Exchange Pty Ltd, No. 3:26-cv-12746 (N.D. Cal. filed Oct. 29, 2026)
On October 29, 2026, the Securities and Exchange Commission charged two foreign-operated, Colorado-incorporated entities, BG Wealth Sharing Ltd and DSJ Exchange Pty Ltd, for orchestrating a fraud scheme that used false SEC filings to boost confidence in their investment program and helped them raise more than $130 million from tens of thousands
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WASHINGTON, Oct. 31 (TNSdock) -- The Securities and Exchange Commission issued the following litigation release:
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Securities and Exchange Commission v. BG Wealth Sharing Ltd and DSJ Exchange Pty Ltd, No. 3:26-cv-12746 (N.D. Cal. filed Oct. 29, 2026)
On October 29, 2026, the Securities and Exchange Commission charged two foreign-operated, Colorado-incorporated entities, BG Wealth Sharing Ltd and DSJ Exchange Pty Ltd, for orchestrating a fraud scheme that used false SEC filings to boost confidence in their investment program and helped them raise more than $130 million from tens of thousandsof retail investors.
According to the SEC's complaint, from at least October 2025 through June 2026, BG Wealth and DSJ Exchange induced investors, many located in more than 40 U.S. states and multiple U.S. territories, to participate in a supposed "wealth-sharing program" by promising extraordinary, risk-free returns generated by so-called SI-generated "signals" for crypto asset trading. In addition, BG Wealth claimed to be the world's largest hedge fund, registered with the SEC as an investment adviser, and partnered with a purported licensed and secure crypto trading platform, DSJ Exchange. None of that was true, but to create the appearance that they were legitimate entities, the complaint alleges that the defendants submitted false Form ADV and Form D filings to the SEC which were publicly viewable and shared with investors as supposed proof that the SEC had licensed or approved them. Neither entity was registered with the SEC, and their filings contained false information, as alleged.
The complaint, filed in the United States District Court for the Northern District of California, charges BG Wealth and DSJ Exchange with violating the antifraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934, and charges BG Wealth with violating Sections 204(a) and 207 of the Investment Advisers Act of 1940. The complaint seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against both defendants and conduct-based injunctions against BG Wealth.
The SEC's Office of Investor Education and Assistance has issued investor alerts warning investors that scammers are using SEC exempt reporting adviser filings to create a false impression of legitimacy and to lure investors into scams with false claims of SEC registration. The SEC encourages investors to use Investor.gov to check the background of anyone offering or selling them an investment.
Separately, the Form ADV filed by BG Wealth and the Form D filed by DSJ Exchange have been removed from the Commission website.
The SEC's ongoing investigation is being conducted by Madiha M. Zuberi and Kathleen Hitchins with assistance from Thomas Bedkowski and Sejal Bhakta and supervised by Erin E. Wilk and Laura D'Allaird, all of the Division of Enforcement's Cyber and Emerging Technologies Unit. The litigation will be led by Russell O'Brien and supervised by Jason Bussey of the SEC's San Francisco Regional Office.
The SEC appreciates the assistance of the Alberta Securities Commission; the Hawaii Department of Commerce and Consumer Affairs, Securities Enforcement Branch; the Texas State Securities Board; the Utah Department of Commerce, Division of Securities; the Washington State Department of Financial Institutions; and the Wisconsin Department of Financial Institutions, among other authorities and regulators.
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Resources
* SEC Complaint (https://www.sec.gov/files/litigation/complaints/2026/comp-pr2026-110.pdf)
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Original text here: https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26679
Surface Transportation Board Issues Decision Involving Henry Posner III, Morristown & Erie Railway
WASHINGTON, Oct. 31 (TNSdock) -- The U.S. Department of Transportation Surface Transportation Board issued the following decision (Docket No. FD 36948) entitled "Henry Posner III - Control Exemption - Morristown and Erie Railway Inc.":
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On August 20, 2026,/1 Henry Posner, III (Posner), a noncarrier who controls a Class II carrier, filed a verified notice of exemption under 49 C.F.R. Sec. 1180.2(d)(2) for authority to acquire 27.75% of the shares of Morristown & Erie Railway, Inc. (M&E), a Class III rail carrier operating in New Jersey. He also filed a motion to dismiss the notice of exemption,
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WASHINGTON, Oct. 31 (TNSdock) -- The U.S. Department of Transportation Surface Transportation Board issued the following decision (Docket No. FD 36948) entitled "Henry Posner III - Control Exemption - Morristown and Erie Railway Inc.":
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On August 20, 2026,/1 Henry Posner, III (Posner), a noncarrier who controls a Class II carrier, filed a verified notice of exemption under 49 C.F.R. Sec. 1180.2(d)(2) for authority to acquire 27.75% of the shares of Morristown & Erie Railway, Inc. (M&E), a Class III rail carrier operating in New Jersey. He also filed a motion to dismiss the notice of exemption,arguing that the contemplated stock purchase would not constitute acquisition of control of M&E.
Notice of the exemption was served and published in the Federal Register on September 4, 2026 (91 Fed. Reg. 56,939); that notice indicated that the motion to dismiss would be addressed in a subsequent decision.
According to the verified notice, Posner indirectly controls the Class II rail carrier Iowa Interstate Railroad, LLC,/2 through his control of RDC Domestic Holdings (RDC), a noncarrier holding company. (Notice 1; Mot. to Dismiss 1.) Posner proposes to acquire 27.75% of the stock of M&E as part of a new group of investors (collectively the RDC Group). (Id.) After the transaction is consummated, M&E will have two distinct ownership groups: 1) the Incumbent Ownership Consortium consisting of prior M&E owners Choo Choo, LLC, and the Weis Exemption Trust, who will each hold 25% of M&E's stock, and 2) the new RDC Group comprised of Posner and four other individuals, which collectively will hold 50% of M&E's stock./3 (Mot. to Dismiss 1-2.) According to the motion to dismiss, the current and prospective stockholders have entered into a Stockholders' Agreement that allows each ownership group to appoint two of M&E's four directors and further limits the amount of control any single stockholder will have over M&E by imposing supermajority stockholder voting requirements for certain significant business and corporate decisions. (Id.; Supplement 2 n.1.) Posner states that M&E will be managed day-to-day by the same general manager that held the position prior to his investment. (Mot. to Dismiss 3.) He argues that his 27.75% ownership share will not allow him to control the company, (id. at 4), and that therefore the Board lacks jurisdiction over his stock acquisition and the notice of exemption should be dismissed, (id. at 5).
Under 49 U.S.C. Sec. 11323(a)(5), the "[a]cquisition of control of a rail carrier by a person that is not a rail carrier but that controls any number of rail carriers" requires Board authorization. Here, the proposed transaction does not constitute an "acquisition of control" of a rail carrier within the meaning of Sec. 11323. As defined at 49 U.S.C. Sec. 10102(3), control includes "actual control, legal control, and the power to exercise control, through or by (A) common directors, officers, stockholders, a voting trust, or a holding or investment company, or (B) any other means." Rather than a formula based only on the percentage of stock ownership, the Board looks to a number of additional factors, including distribution of the remaining stock, the ability to elect directors and otherwise control or influence decision-making machinery, and the existence of management, marketing, operating and financial ties. See Union Pac. Corp.-- Control--Chi. & N.W. Holdings Corp., 9 I.C.C.2d 939, 947 (1993). In prior cases, the Board has declined to find control by a single owner in transactions where the ownership interest was no more than 50% of the company's outstanding stock and the company was "structured as [a] cooperative venture" and set up in such a way as "to prevent domination or control by a single proprietary [owner]." Paducah & Louisville Ry.--Control Exemption--Paducah & Illinois R.R., FD 33362, slip op. at 2-3 (STB served Aug. 25, 1997) (citing Burlington N. Inc.--Control and Merger--St. Louis-S.F. Ry., 366 I.C.C. 862, 866 (1983)). Although Posner will own more shares than any other shareholder, the Stockholders' Agreement divides selection of M&E's directors equally between the two ownership groups and ensures that Posner cannot make certain significant decisions without the agreement of at least one member of the Incumbent Ownership Consortium. Further, no other apparent factors generally considered by the Board in prior cases suggest that Posner will have the power to control M&E. Accordingly, consistent with precedent, Posner will not gain control of M&E, and the transaction is not subject to 49 U.S.C. Sec. 11323. See id. Therefore, Posner's motion to dismiss the notice of exemption will be granted and the proceeding will be dismissed.
It is ordered:
1. Posner's motion to dismiss the notice of exemption is granted, and this proceeding is dismissed.
2. This decision is effective on its service date.
By the Board, Anika S. Cooper, Chief Counsel, Office of Chief Counsel.
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Footnotes:
1/ Posner originally submitted his verified notice on August 10, but on August 20 he filed, among other things, a supplement. Accordingly, the date of the supplement is deemed the filing date of the verified notice.
2/ See Iowa Interstate Reply 2, March 1, 2024, Canadian Nat'l Ry.--Control--Iowa N. Ry., FD 36744.
3/ The other RDC Group members are Ida Molloy Posner and Alain L. Kornhauser, who will each acquire a 10% ownership share; Margaret E. Richards, who will acquire a 1.25% ownership share; and Craig E. Phillip, who will acquire a 1% ownership share. (Mot. to Dismiss 2.)
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Original text here: https://dcms-external.s3.amazonaws.com/DCMS_External_PROD/1793391648012/53211.pdf
State Dept.: U.S.-Japan-Republic of Korea Trilateral Foreign Ministers' Meeting
WASHINGTON, Oct. 31 -- The U.S. State Department issued the following news release:
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United States-Japan-Republic of Korea (ROK) Trilateral Foreign Ministers' Meeting
Readout
Office of the Spokesman
October 30, 2026
Secretary of State Marco Rubio met today with Japanese Foreign Minister Motegi Toshimitsu and ROK Foreign Minister Cho Hyun on the margins of the G20 in Atlanta to review progress across the trilateral partnership that advances security and prosperity in a free and open Indo-Pacific. The Secretary and Foreign Ministers signed a Memorandum of Cooperation (MOC) for a Trilateral
... Show Full Article
WASHINGTON, Oct. 31 -- The U.S. State Department issued the following news release:
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United States-Japan-Republic of Korea (ROK) Trilateral Foreign Ministers' Meeting
Readout
Office of the Spokesman
October 30, 2026
Secretary of State Marco Rubio met today with Japanese Foreign Minister Motegi Toshimitsu and ROK Foreign Minister Cho Hyun on the margins of the G20 in Atlanta to review progress across the trilateral partnership that advances security and prosperity in a free and open Indo-Pacific. The Secretary and Foreign Ministers signed a Memorandum of Cooperation (MOC) for a TrilateralArctic Pacific Partnership (TAPP) to explore maritime cooperation and economic partnership in the Pacific Arctic.
The Secretary and Foreign Ministers reaffirmed their resolute commitment to the complete denuclearization of the Democratic People's Republic of Korea (DPRK) and to full implementation of UN Security Council resolutions (UNSCRs), including the ban on supporting revenue generation for the DPRK's nuclear and ballistic missile programs. They commended the Multilateral Sanctions Monitoring Team's (MSMT) work exposing the DPRK's violations and evasions of UNSCRs. They also emphasized the importance of maintaining peace and stability across the Taiwan Strait. Secretary Rubio also raised China's efforts to assert control over the South China Sea, its coercive behavior in the East China Sea and Yellow Sea, and Russia-China cooperation that undermines peace and stability in the Indo-Pacific.
The Secretary and Foreign Ministers stressed the importance of economic security and reaffirmed their shared opposition to economic coercion and the weaponization of supply chains. They reviewed implementation of the trilateral Memorandum of Cooperation on Small Modular Reactor Deployments, signed in Ankara July 7, leveraging our combined industrial strengths to advance global energy security. They also discussed areas of economic security cooperation identified at the October 15 trilateral economic security consultation in Seoul.
The Secretary and Foreign Ministers reaffirmed the commitments reflected in the U.S.-Japan-ROK trilateral joint statement issued on September 21, 2026 and committed to continuing trilateral meetings at all levels.
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Original text here: https://www.state.gov/releases/office-of-the-spokesman/2026/10/united-states-japan-republic-of-korea-rok-trilateral-foreign-ministers-meeting-2/
State Department Issues Public Schedule for Oct. 31, 2026
WASHINGTON, Oct. 31 -- The U.S. Department of State issued the daily public schedule for Oct. 31, 2026:
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SECRETARY MARCO RUBIO
Secretary Rubio is on travel to Atlanta, Georgia from October 30-31, 2026.
9:00 a.m. Secretary Rubio meets with Indo-Pacific Quad Foreign Ministers in Atlanta, Georgia.
(POOLED CAMERA SPRAY AT TOP)
10:00 a.m. Secretary Rubio participates in the G20 Foreign Ministers' Meeting Session III: Supply Chains and Closing Remarks in Atlanta, Georgia.
(CLOSED PRESS COVERAGE)
12:30 p.m. Secretary Rubio holds a press availability on the G20 Foreign Ministers Meeting in
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WASHINGTON, Oct. 31 -- The U.S. Department of State issued the daily public schedule for Oct. 31, 2026:
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SECRETARY MARCO RUBIO
Secretary Rubio is on travel to Atlanta, Georgia from October 30-31, 2026.
9:00 a.m. Secretary Rubio meets with Indo-Pacific Quad Foreign Ministers in Atlanta, Georgia.
(POOLED CAMERA SPRAY AT TOP)
10:00 a.m. Secretary Rubio participates in the G20 Foreign Ministers' Meeting Session III: Supply Chains and Closing Remarks in Atlanta, Georgia.
(CLOSED PRESS COVERAGE)
12:30 p.m. Secretary Rubio holds a press availability on the G20 Foreign Ministers Meeting inAtlanta, Georgia.
(OPEN TO PRE-REGISTERED PRESS)
3:30 p.m. Secretary Rubio attends the Florida Gators versus Georgia Bulldogs football game in Atlanta, Georgia.
(CLOSED PRESS COVERAGE)
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Original text here: https://www.state.gov/releases/office-of-the-spokesman/2026/10/public-schedule-october-31-2026/
State Department Issues Public Schedule for Oct. 30, 2026
WASHINGTON, Oct. 31 -- The U.S. Department of State issued the daily public schedule for Oct. 30, 2026:
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SECRETARY MARCO RUBIO
Secretary Rubio is on travel to Atlanta, Georgia from October 30-31, 2026.
10:30 a.m. Secretary Rubio participates in the G20 Foreign Ministers' Meeting Session I: Geopolitical Issues in Atlanta, Georgia
(POOLED CAMERA SPRAY AT TOP)
2:00 p.m. Secretary Rubio participates in the G20 Foreign Ministers' Meeting Session II: Energy and Economic Growth in Atlanta, Georgia.
(CLOSED PRESS COVERAGE)
3:40 p.m. Secretary Rubio meets with Turkish Foreign Minister Hakan
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WASHINGTON, Oct. 31 -- The U.S. Department of State issued the daily public schedule for Oct. 30, 2026:
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SECRETARY MARCO RUBIO
Secretary Rubio is on travel to Atlanta, Georgia from October 30-31, 2026.
10:30 a.m. Secretary Rubio participates in the G20 Foreign Ministers' Meeting Session I: Geopolitical Issues in Atlanta, Georgia
(POOLED CAMERA SPRAY AT TOP)
2:00 p.m. Secretary Rubio participates in the G20 Foreign Ministers' Meeting Session II: Energy and Economic Growth in Atlanta, Georgia.
(CLOSED PRESS COVERAGE)
3:40 p.m. Secretary Rubio meets with Turkish Foreign Minister HakanFidan in Atlanta, Georgia.
(POOLED CAMERA SPRAY AT TOP)
4:10 p.m. Secretary Rubio meets with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud in Atlanta, Georgia.
(POOLED CAMERA SPRAY AT TOP)
4:25 p.m. Secretary Rubio participates in an EXPO 2030 signing ceremony with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud in Atlanta, Georgia.
(POOLED PRESS COVERAGE)
4:40 p.m. Secretary Rubio meets with Japanese Foreign Minister Motegi Toshimitsu and Republic of Korea Foreign Minister Cho Hyun in Atlanta, Georgia.
(CLOSED PRESS COVERAGE)
5:10 p.m. Secretary Rubio participates in a Trilateral Arctic Pacific Partnership Memorandum of Cooperation signing ceremony with Japanese Foreign Minister Motegi Toshimitsu and Republic of Korea Foreign Minister Cho Hyun in Atlanta, Georgia.
(CLOSED PRESS COVERAGE)
6:35 p.m. Secretary Rubio hosts a G20 Foreign Ministers' Meeting welcome reception in Atlanta, Georgia.
(POOLED CAMERA SPRAY AT TOP)
DEPUTY SECRETARY CHRISTOPHER LANDAU
Deputy Secretary Landau attends meetings and briefings at the Department of State.
UNDER SECRETARY FOR POLITICAL AFFAIRS ALLISON M. HOOKER
Under Secretary Hooker joins Secretary Rubio on travel to Atlanta, Georgia from October 30-31, 2026.
UNDER SECRETARY FOR ARMS CONTROL AND INTERNATIONAL SECURITY THOMAS G. DINANNO
1:00 p.m. Under Secretary DiNanno meets with Romanian Presidential Advisor for National Security Marius Lazurca at the Department of State.
(CLOSED PRESS COVERAGE)
UNDER SECRETARY FOR PUBLIC DIPLOMACY SARAH ROGERS
Under Secretary Rogers is on travel to Panama, El Salvador, Mexico, and Florida from October 26-November 4, 2026.
ASSISTANT SECRETARY FOR GLOBAL PUBLIC AFFAIRS DYLAN JOHNSON
Assistant Secretary Johnson joins Secretary Rubio on travel to Atlanta, Georgia from October 30-31, 2026
SENIOR BUREAU OFFICIAL FOR EMERGING THREATS JOSHUA YOUNG
3:00 p.m. Senior Bureau Official Young meets with Director of Switzerland's National Cyber Security Centre Florian Schutz at the Department of State.
(CLOSED PRESS COVERAGE)
BRIEFING SCHEDULE
No Department Press Briefing.
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Original text here: https://www.state.gov/releases/office-of-the-spokesman/2026/10/public-schedule-october-30-2026/
FEC Issues Digest for Week of Oct. 26-30, 2026
WASHINGTON, Oct. 31 (TNSdock) -- The Federal Election Commission issued the following weekly digest:
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Commission meetings and hearings
No open meetings or executive sessions were scheduled this week.
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Litigation
Giffords v. FEC (Case No. No. 25-5188) On October 27, the U.S. Court of Appeals for the District of Columbia Circuit issued a Mandate.
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Outreach
On October 26, Commissioner Dara Lindenbaum discussed campaign finance disclosure rules and the role of the Commission with members of a German delegation visiting the United States with the Friedrich Naumann Foundation.
On
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WASHINGTON, Oct. 31 (TNSdock) -- The Federal Election Commission issued the following weekly digest:
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Commission meetings and hearings
No open meetings or executive sessions were scheduled this week.
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Litigation
Giffords v. FEC (Case No. No. 25-5188) On October 27, the U.S. Court of Appeals for the District of Columbia Circuit issued a Mandate.
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Outreach
On October 26, Commissioner Dara Lindenbaum discussed campaign finance disclosure rules and the role of the Commission with members of a German delegation visiting the United States with the Friedrich Naumann Foundation.
OnOctober 27, Commissioner Shana M. Broussard discussed campaign finance disclosure rules and the role of the Commission with an Australian delegation visiting the United States as part of the State Department's International Visitor Leadership Program (IVLP).
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Upcoming educational opportunities
November 18, 2026: The Commission is scheduled to host a Winding Down the Campaign & Post-General Reporting Webinar.
For more information on upcoming training opportunities, see the Commission's Trainings page.
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Upcoming reporting due dates
December 3: 30-Day Post-General Reports are due. For more information, see the Pre- and Post-General Reporting schedule.
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Additional research materials
Contribution Limits: In addition to the current limits, the Commission has posted an archive of contribution limits that were in effect going back to the 1975-1976 election cycles.
Federal election results are available. The data was compiled from the official vote totals published by state election offices.
The Combined Federal State Disclosure and Election Directory is available. This publication identifies the federal and state agencies responsible for the disclosure of campaign finances, lobbying, personal finances, public financing, candidates on the ballot, election results, spending on state initiatives, and other financial filings.
The Presidential Election Campaign Fund Tax Checkoff Chart provides information on balance of the Fund, monthly deposits into the Fund reported by the Department of the Treasury, payments from the Fund as certified by the FEC, and participation rates of taxpayers as reported by the Internal Revenue Service. For more information on the Presidential Public Funding Program, see the Public Funding of Presidential Elections page.
The FEC Record is available as a continuously updated online news source.
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Original text here: https://www.fec.gov/updates/week-of-october-26-30-2026/
BLS Mid-Atlantic Region Issues Report on Business Employment Dynamics in West Virginia First Quarter 2026
PHILADELPHIA, Pennsylvania, Oct. 31 (TNSLrpt) -- Business Employment Dynamics in West Virginia First Quarter 2026 - A report from U.S. Department of Labor Bureau of Labor Statistics Mid-Atlantic Region - Oct. 30, 2026
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From December 2025 to March 2026, gross job gains from opening and expanding private-sector establishments in West Virginia were 36,187, while gross job losses from closing and contracting private-sector establishments were 30,435, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Lori Keller noted that the difference between the number of gross job
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PHILADELPHIA, Pennsylvania, Oct. 31 (TNSLrpt) -- Business Employment Dynamics in West Virginia First Quarter 2026 - A report from U.S. Department of Labor Bureau of Labor Statistics Mid-Atlantic Region - Oct. 30, 2026
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From December 2025 to March 2026, gross job gains from opening and expanding private-sector establishments in West Virginia were 36,187, while gross job losses from closing and contracting private-sector establishments were 30,435, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Lori Keller noted that the difference between the number of gross jobgains and the number of gross job losses yielded a net employment gain of 5,752 jobs in the private sector during the first quarter of 2026. (See table 1.) During the previous quarter, gross job losses exceeded gross job gains by 1,064. (See chart 1.)
The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all private businesses in the economy. Business Employment Dynamics (BED) statistics track these changes in employment at private-sector establishments from the third month of one quarter to the third month of the next. The difference between the number of gross job gains and the number of gross job losses is the net change in employment. (See the Business Employment Dynamics Technical Note (https://www.bls.gov/news.release/cewbd.tn.htm).
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Chart 1. Private-sector gross job gains and losses in West Virginia, March 2021-March 2026, seasonally adjusted
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Gross job gains
In the first quarter of 2026, gross job gains represented 6.4 percent of private-sector employment in West Virginia; nationally, gross job gains accounted for 5.5 percent of private-sector employment. (See chart 2.) Gross job gains are the sum of increases in employment due to expansions at existing establishments and the addition of new jobs at opening establishments. In West Virginia, gross job gains at expanding establishments totaled 28,766 in the first quarter of 2026, an increase of 1,525 jobs compared to the previous quarter. Opening establishments accounted for 7,421 jobs gained in the first quarter of 2026, an increase of 869 jobs from the previous quarter.
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Chart 2. Private-sector gross job gains as a percent of employment, United States and West Virginia, March 2021-March 2026, seasonally adjusted
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Gross job losses
In the first quarter of 2026, gross job losses represented 5.4 percent of private-sector employment in West Virginia; nationally, gross job losses accounted for 5.5 percent of private-sector employment. (See chart 3.) Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. In West Virginia, contracting establishments lost 24,572 jobs in the first quarter of 2026, a decrease of 1,365 jobs from the prior quarter. Closing establishments lost 5,863 jobs, a decrease of 3,057 jobs from the previous quarter.
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Chart 3. Private-sector gross job losses as a percent of employment, United States and West Virginia, March 2021-March 2026, seasonally adjusted
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Industries
Gross job gains exceeded gross job losses in 7 of the 9 published industry sectors in West Virginia in the first quarter of 2026. Construction had the largest over-the-quarter net job increase, with a gain of 2,261 jobs. This was the result of 4,878 gross job gains and 2,617 gross job losses. Financial activities showed a net loss of 75 jobs, the largest loss of any sector in the state. This was the result of 1,454 gross job gains and 1,529 gross job losses.
For more information
The BED data series include gross job gains and gross job losses by industry subsector, for the 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands, as well as gross job gains and gross job losses at the firm level by employer size class. BED data for the states have been included in table 2 of this release. Additional information is available online at the Business Employment Dynamics homepage and the Business Employment Dynamics Summary (https://www.bls.gov/news.release/cewbd.nr0.htm).
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The Business Employment Dynamics for Second Quarter 2026 are scheduled to be released on Wednesday, January 27, 2027, at 10:00 a.m. (ET).
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Revisions to Business Employment Dynamics (BED) Data
Data in this release contain annual revisions in accordance with standard procedures. These revisions include the previous four quarters of not seasonally adjusted data and five years of seasonally adjusted data.
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Technical Note
The Business Employment Dynamics (BED) data are a product of a federal-state cooperative program known as Quarterly Census of Employment and Wages (QCEW). The BED data are compiled by the U.S. Bureau of Labor Statistics (BLS) from existing QCEW records.
More information on formal definitions of the data used in this release, along with coverage, concepts, and methodology, can be found in the Business Employment Dynamics Technical Note (https://www.bls.gov/news.release/cewbd.tn.htm).
If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.
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Table 1. Private-sector gross job gains and losses by industry, West Virginia, seasonally adjusted
Table 2. Private-sector gross job gains and losses as a percent of total employment by state, seasonally adjusted
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View original text plus charts and tables here: https://www.bls.gov/regions/mid-atlantic/news-release/2026/businessemploymentdynamics_westvirginia_20261030.htm
