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U.S. 82 Mississippi River Bridge Dedication

GREENVILLE- State lawmakers, transportation officials, and members of Mississippi's congressional delegation gathered in Greenville to celebrate the opening of the new U.S. 82 Mississippi River Bridge, a massive structure that will connect Greenville, Miss. with Lake Village, Ark. and provide major economic development for the region.

MARKET SECTORS

FINANCE - Market Sector

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Peoples Bank’s earnings up by 66 percent

BILOXI — Second quarter earnings of Peoples Financial Corporation increased 66 percent over the first quarter of 2010, primarily due to sales of securities, announced Chevis C. Swetman, chairman and CEO of the holding company and its subsidiary, The Peoples Bank. Net income for the quarter ended June 30, totaled $1.446 million, compared to $872,000 for [...]

COMMERCE - Market Sector

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Navistar cutting 340 workers in West Point

WEST POINT — Officials say Navistar plans to cut approximately 340 employees from its West Point plant by next week. Navistar spokeswoman Elissa Koc told The Commercial Dispatch yesterday that the majority of the 500-employee staff would be released as an order for 1,050 MaxxPro Mine Resistant Ambush Protected, or MRAP, vehicles nears completion in the [...]

HOSPITALITY - Market Sector

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Sophia’s still awaiting ruling on zoning issue

JACKSON — Jackson officials are still working on a way to keep a popular restaurant open nearly a year after the Mississippi Supreme Court ruled the city violated zoning laws by allowing it in a residential area. The City Council in late July voted to approve new zoning rules designed to benefit Sophia’s, the restaurant inside [...]

REAL ESTATE - Market Sector

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Foreclosures down in Jackson, up on the Coast

ACROSS MISSISSIPPI — Fewer foreclosure notices are going out in Jackson — but more homeowners in Gulfport-Biloxi are getting into mortgage trouble. RealtyTrac, which tracks foreclosures nationwide, reports 527 foreclosure notices in Jackson during the first half of 2010, affecting one in every 423 homes. That’s down 39 percent from the first half of 2009 and [...]

EDUCATION - Market Sector

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State misses out on federal education grant

Mississippi is not in the running for a share of $3 billion in federal education reform grants. The “Race to the Top” competition rewards ambitious reforms aimed at improving struggling schools and closing the achievement gap. The finalists named in the second round of the competition are: Arizona, California, Colorado, Florida, Georgia, Hawaii, Illinois, Kentucky, Louisiana, Maryland, [...]

HEALTHCARE - Market Sector

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Cochran co-sponsors bill backing rural practices

WASHINGTON — Sen. Thad Cochran (R-Miss.) has affirmed his support for legislation to encourage more veterinarians to practice in rural areas by exempting a loan repayment program from federal taxes. Cochran is co-sponsoring the Veterinary Medicine Loan Repayment Program Enhancement Act (S.3621), bipartisan legislation that would give tax-exempt status to the Veterinary Medicine Loan Repayment Program [...]

MBJ Web Poll

Who will ultimately be legally correct on the subject of whether there can be a Choctaw-owned casino on tribal land in Jones County?

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The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

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Mississippi Local Stocks


MARKETPLACE

The Mississippi Business Journal's annual Book of Lists contains detailed information on a variety of business sectors in Mississippi from Advertising Agencies to Estate Planning [...]