Home » 2011 » February » 23

Daily Archives: February 23, 2011

Khosla fires back at Wall Street Journal

By Amy McCullough Quite the heated exchange on the Wall Street Journal editorial page between the editors and venture capitalist Vinod Khosla. In a previous editorial, “The Range Fuels Fiasco,” the WSJ used Khosla’s failed Range Fuels business to say that government shouldn’t get involved with startups. (WSJ is now locked down. Most of the editorial can be found at ...

Read More »

Matrix Solutions offering telecommunications 'lab'

FLOWOOD — Matrix Solutions, a Flowood-based technology services company, has assembled a collection of mobility products and services into a portable, hands-on “laboratory” now available to businesses in Central Mississippi. The lab consists of a variety of portable devices such as Apple’s iPad and iPhone, tablets and phones based on Google’s Android operating system, BlackBerry phone, netbook, Bluetooth keyboard and ...

Read More »

Heartland Catfish temporarily laying off workers

ITTA BENA — Heartland Catfish has announced that employees at its plants in Mississippi and Alabama will face temporary layoffs or reduced hours over the next four months. Danny Walker, CEO for Itta Bena-based Heartland, told the Greenwood Commonwealth that the company, like others in the industry, is being squeezed by a shortage of live catfish. The supply will get ...

Read More »

Defense Department orders more guns from BAE

HATTIESBURG — An order for 46 M777 howitzers from the U.S. Department of Defense takes the total number of guns ordered to 1001. The order comes as BAE Systems continues deliveries of M777 to Canada and Australia in addition to the U.S. The M777 is the world’s first artillery weapon to make widespread use of titanium and aluminium alloys, resulting ...

Read More »

Callon closes on sale of shares for over-allotment

NATCHEZ — Callon Petroleum Company announced the closing of the sale of 1.1 million shares of its common stock pursuant to the underwriters’ exercise of the over-allotment option, which the company granted in connection with Callon’s previously announced public offering of nine million shares of its common stock. The exercise of the over-allotment option brings the total net proceeds of ...

Read More »

Too many ignorant parents (including me)

By Wally Northway The other night, the Wife was trying to help the Nine-Year-Old with his math homework. After attempting to figure out exactly what the assignment was, the Wife finally had enough. “I’m going to have to have a talk with your teacher and find out why you’re doing it this way. I just don’t understand,” she said in ...

Read More »

Brock tapped by Dems as interim executive director

JACKSON — The Mississippi Democratic Party has retained Travis Brock as its interim executive director. Brock, a Kentucky native, is a veteran of state and national campaigns throughout the country. Most recently, he served four years as executive director of the Nevada State Democratic Party. He has also served as national field director of Tom Vilsack for President, political director ...

Read More »

Northrop Grumman delivers destroyer to Navy

PASCAGOULA — The Navy was scheduled to pick up its newest warship built at Northrop Grumman Shipyard in Pascagoula today. WLOX-TV reports that the USS Lawrence is an Aegis Guided Missile Destroyer, the 28th such ship in its class built in Mississippi. It was christened last April. A crew of 300 sailors will man the ship, which is named after ...

Read More »

Finley pushing for passage of SEAP legislation

JACKSON — Jim Finley, owner of The Growth Coach in Jackson, is pushing for passage of Senate Bill 2770, which he says will be an incentive for aspiring entrepreneurs. The Self Employment Assistance Program, known as SEAP, allows eligible workers who lose their jobs to receive unemployment benefits while actively working to start a business. It allows those receiving unemployment ...

Read More »

House passes bill for higher education improvements

JACKSON — The Mississippi House has passed a $325-million bond bill to pay for renovations, repairs and other projects at the state’s community colleges, universities and state agencies. The bill passed 104-17 yesterday, and it now moves to the Senate. Also yesterday, the Senate Finance Committee passed its own bond bill, which was about $409 million. The full Senate will ...

Read More »