New Tazewell city government includes a mayor and six aldermen. The Town has a police department and a fire department shared with the town of Tazewell. It also features a small airport with a 5,200-foot runway.
Last week's big losers. ExxonMobil was the biggest Dow loser two weeks ago, after shedding 1.97% of its value. This week the oil and gas company rose 1.01%, while fellow Dow energy play Chevron (NYSE:CVX) was the index's second biggest decliner, losing 2.68%.
The day after Bush's announcement, the Dow shed 733 points, dropping nearly 8 percent, and earning the day the No. 9 spot in the top-10 largest percentage drops in stock market history and giving it the No. 2 worst point losses in the history of the Dow.