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Daily Archives: March 21, 2011

Wicker urging SEC to expedite Stanford victims' claims

WASHINGTON — U.S. Sen. Roger Wicker (R-Miss.) has sent a letter to Securities and Exchange Commission (SEC) chairman Mary Schapiro outlining Wicker’s concerns with the SEC’s review of the Stanford ponzi scheme. Wicker was joined by 52 other Senate and House members. “Many of the victims of Allen Stanford’s fraud lost most if not all of their life’s savings,” said ...

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ACS expanding in-state operations, adding jobs

RIDGELAND — Affiliated Computer Services Inc. (ACS), A Xerox Company, is expanding its operations in Ridgeland, creating 50 new permanent full-time jobs in the area, which is expected to rise to 200 in the next two years. The jobs will support the Dallas-based company’s many healthcare clients across the country, including the Mississippi Division of Medicaid. “We are expanding in ...

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FEMA forgives Coast city's disaster loan

WAVELAND — The Federal Emergency Management Agency is forgiving Waveland’s $3.5-million Community Disaster Loan, which it made after Hurricane Katrina. Bay St. Louis and Hancock County have also had their Community Disaster Loans forgiven in recent years. Mayor David Garcia tells the Sea Coast Echo that the loan was coming due this year. He says payments over five years were ...

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Workers can now check status on E-Verify

ACROSS MISSISSIPPI — Immigrants and other job seekers in Mississippi as well as four other states and the District of Columbia with questions about their eligibility to work in the United States can now use a government database to verify their own status. Homeland Security Secretary Janet Napolitano said today that people in Mississippi, Arizona, Idaho, Colorado, Virginia and Washington, ...

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*Update* Does the U.S. Chamber need to do some homework?

Correction: A gentleman from the Chamber e-mailed me this morning (March 22) to say that his organization’s report states that a cut-off date of March 2010 was used. Because the Kemper project and Gulf LNG “were not complete as of March 2010-in fact, they’re not complete as of today-they were included. The third project, Grand Gulf Nuclear Plant, was included ...

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Community college to build new facility

GRENADA — Holmes Community College will build a $3.5-million classroom building at its campus in Grenada. HCC vice president Jim Haffey says the school expects to break ground in late April. He says the building should be open in time for classes in the fall of 2012. Haffey says the building will be located the Grenada Center’s main building and ...

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Re-sentencing set for Minor, ex-judges

JACKSON — A federal judge is scheduled to hold a re-sentencing hearing in the judicial corruption case of imprisoned Mississippi attorney Paul Minor and two former judges in Jackson. U.S. District Judge Henry Wingate will hold the hearing for the trio today. Minor and former Harrison County judges Wes Teel and John Whitfield must be re-sentenced because a federal appeals ...

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Hancock Holding to offer common stock

GULFPORT — Hancock Holding Co. is offering about $200 million of its common stock shares. Gulfport, Miss.-based Hancock said today that it would use proceeds for general corporate purposes. Those include boosting its capital and buying preferred shares of Whitney Holding Corp. Hancock has a $1.5-billion stock deal pending to acquire New Orleans-based Whitney. As part of the deal, Hancock ...

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State's casinos see monthly revenue rise

ACROSS MISSISSIPPI — Mississippi’s state-licensed casinos presented a mixed picture last month in gambling winnings, dropping from a year ago while sailing by January’s figures. Players lost $208 million in February — 5.8 percent less than in Feb. 2010, the state Revenue Department said. But the tally increased by 9.7 percent from the $189.7 million won in Jan. 2011. The ...

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