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Daily Archives: June 8, 2011

Bid in Senate to delay debit card 'swipe' fees falls short

Retailers, gas stations, restaurateurs and other businesses that regularly receive payment through customer debit cards won the day in the U.S. Senate Wednesday, with opponents of caps on debit card swipe fees falling short of votes needed to delay implementation of the caps for two years. The Senate vote lets the Federal Reserve limit to 12 cents the “interchange” fee ...

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More courts to test electronic filing system

AROUND MISSISSIPPI — Chancery Courts in DeSoto, Harrison, Holmes and Yazoo counties are expected to be next to test electronic filing of court documents. The Mississippi Supreme Court in a May 26 order signed by Chief Justice Bill Waller Jr. authorized expansion of the Mississippi Electronic Courts (MEC) pilot project to the Chancery Courts of DeSoto, Harrison, Holmes and Yazoo ...

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Keenum presents views on world food needs

WASHINGTON — Joining former U.S. cabinet officers, international agency representatives and other policy makers, Mississippi State University president Mark E. Keenum is part of an effort to assess strategies to deal with world food needs. The university’s chief executive was among invited panelists at a recent Washington, D.C., symposium convened by the Global Agricultural Development Initiative, a part of the ...

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Coliseum project prompts eminent domain proceedings

BILOXI — If Mississippi Coast Coliseum and Convention Center officials get their wish, there will be no more homes on Oakwood Drive in Biloxi. Several years ago, officials acquired six properties on the end of the street to make room for the convention center expansion and recently they began trying to acquire the remaining 14 homes there, either through sale ...

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Crews to cut up and raise sunken fishing boat

GULF OF MEXICO — Salvage crews plan to cut a sunken fishing boat in half before raising it as the investigation continues into the May 18 collision that killed three crewmen. Ben Landry, spokesman for the fishing boat Sandy Point’s owner, Omega Protein Inc., said Inland Salvage Inc. of Daphne, Ala., is handling the operation. Sections of the vessel will ...

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Beach closed due to sewage spill reopened

GULFPORT — The Mississippi Department of Environmental Quality (MDEQ) has lifted the water contact closure that was issued May 31 for a section of beach in Gulfport. MDEQ sampling indicates bacteria levels are acceptable for water contact. The section extended from 41st Avenue near the West Side Pier east to 33rd Avenue near the Island View Casino. The closure was ...

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Hancock's ratings downgraded following merger

GULFPORT — Moody’s Investors Service has downgraded the long- and short-term financial ratings of Hancock Holding Co. following its acquisition of Whitney Holding Corp. Moody’s said June 7 the ratings outlook for Gulfport-based Hancock is stable. Hancock was put under review when it announced the deal to acquire Whitney Dec. 22. Moody’s says it took the action because Whitney is ...

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Nissan annexation case enters federal court

CANTON — The City of Canton’s lawsuit seeking to invalidate a state law that bars the city from annexing the Nissan plant site is now in federal court. Attorneys for Nissan North America moved the case from Madison County Circuit Court because the city raised new issues in an amended complaint. A federal judge can hear a case involving questions ...

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Moody's: Casinos could face post-flood earnings woes

MISSISSIPPI RIVER REGION — Moody’s Investors Service said yesterday that small casino operators that have had to close properties along the Mississippi River due to flooding could see their earnings hurt. The flooding could also further delay the regional market’s recovery, the credit ratings agency said. The Mississippi River flooding led many casino operators in the area to close casinos ...

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