MGM Mirage amends credit facility

LAS VEGAS — MGM Mirage is seeking amendments to its aggregate $5.55 billion of senior credit facilities, which would extend the maturity of a substantial portion of those credit facilities from Oct. 3, 2011, to Feb. 21, 2014. The company has asked its lenders to provide their final approvals of the transaction by Feb. 24. Lenders approving [...]

• ECD/Hope to accept TARP funds
• Liberty Bank opens another office
• The debate and facts of the Healthcare Trust Fund
• President wants SBA loan expansion

Inventory, franchise tax still alive, but barely 

Last week was the first major bill deadline of the 2010 legislative session.  By midnight Tuesday, a bill would be considered dead if it had not made it out of committee and onto the floor of its chamber. The two headline issues for the business community — the reduction and/or elimination of the inventory tax and the [...]

• Port of Pascagoula traffic falls
• Report: Toyota to recall Prius hybrid in US, Japan
• Retailers expecting rising sales
• Madison nixes parkway; won’t affect St. Dominic’s

Saints march to highest rated TV show of all time

The New Orleans Saints have another big win to celebrate just one day after claiming the Super Bowl crown: the title of ratings champion. Last night’s Super Bowl broadcast grabbed a crushing 46.4 rating and 68 share for the Saints 31-17 win over the Indianapolis Colts. Those numbers are up eight percent over last year’s game [...]

• Lights out at Palace, forces evacuation
• Former Choctaw chief hospitalized
• Gaming ‘father’ dies at age 62
• Air fares fall to five-year low

Former Nick’s (restaurant) space leased

The State Street Group’s space at 1501 Lakeland Drive in Jackson, occupied for 25 years by Nick’s restaurant, has been leased to ophthalmologist Kirk R. Jeffreys III. Jeffrey’s practice and optical shop will occupy 4,500 square feet of the 7,500 square foot space. Nick’s moved to a nearby Old Canton Road location in December [...]

• Construction industry cuts more workers
• Max Home growing its operations
• FTC goes after bogus foreclosure rescue services
• MEMA offering Mississippi Cottages

Merger economics 

Negative impact to towns might be bigger than economic impact on state budget   For the CEO of Columbus Lowndes Development Link, the economic development organization for that region, the success of Mississippi University for Women is vital. “That’s a $20-million payroll and 114 acres in the middle of my city,” said Joe Max Higgins, CEO of the [...]

• Universities turn to social networking to promote schools 
• Juco partnerships are good business 
• Wilson gets it 
• With merger issues aside, college president search can begin 

Obama calls out Republicans on healthcare reform

WASHINGTON — President Barack Obama says it’s time for Republicans who have attacked his healthcare proposals from the sidelines to step before the cameras and present their own ideas. In the first major move to revive his healthcare agenda after his party’s loss of a filibuster-proof Senate majority, Obama on Sunday invited GOP and Democratic leaders [...]

• CHPA ‘disappointed’ over cold medicine bill
• Baptist Golden Triangle earns accreditation
• Cold medicine bill headed for governor’s desk
• Plans Expand for Madison St. Dominic’s