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 drop extends losses from last Friday, when the index fell 665.75 points, the seventh largest one-day drop ever. It's worth noting that these are point drops and not percentage drops. As the Dow has gotten steadily higher over the last several decades, larger point drops translate into smaller percentage drops.