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Daily Archives: November 13, 2011

Could Mississippi's Twin Creeks go the way of Solyndra?

Obama and Barbour have bet on green energy winners and losers Since its declaration of bankruptcy and subsequent FBI raid in early September, solar manufacturing company Solyndra has stayed in the national news, and President Obama has come under fire from Republicans with allegations of crony capitalism. This month the White House refused to provide documents regarding communications with Solyndra ...

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Miss. Technology Alliance holds 12th annual conference

At the Mississippi Technology Alliance’s 12th Annual Conference on Technology Innovation last week executives gathered at Jackson Convention Complex to discuss innovation in business and learn about projects from new Mississippi entrepreneurs. MTA is a state-sponsored, non-profit organization that works to drive innovation and technology-based economic development for the state. MTA assists entrepreneurs in developing business plans and connecting them ...

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Diamondhead incorporation opponents want re-hearing

DIAMONDHEAD — Opponents to the incorporation of the Gulf Coast community of Diamondhead have asked the Mississippi Supreme Court for more time to prepare a motion for rehearing. The opponents filed the motion Wednesday. The deadline to file a motion for rehearing was 5 p.m. yesterday. The opponents want more time to prepare their arguments requesting a further review by ...

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Damaged equipment hurts Phosphate Holdings' performance

MADISON — Phosphate Holdings Inc. reported a third quarter 2011 profit of $1.5 million, or $0.18 per diluted share of common stock, compared to earnings of $2.5 million, or $0.30 per diluted share of common stock, for the same period in 2010. Total net sales for the third quarter of 2011 were $94.7 million, a 35 percent increase from total ...

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Private Delta prison to shut down next year

GREENWOOD — Mississippi Corrections Commissioner Chris Epps said a privately run prison in Leflore County will close in January. Epps said the state and Nashville, Tenn.-based Corrections Corporation of America mutually agreed to cease operations. How the decision affects operations of the Leflore County jail at the same site is unclear. “State law requires private prisons to operate facilities more ...

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Group threatens to sue city over sewage treatment

HATTIESBURG — A nonprofit group says its intent to sue the City of Hattiesburg over alleged environmental violations at its sewage lagoon if the city does not clean up its act in 60 days. The Hattiesburg American reports the Gulf Restoration Network sent a letter to Hattiesburg dated Nov. 4, noting its intent to sue if the city does not ...

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Read the November 14th issue of the MBJ online

In this week’s MBJ — What’s next for banks? Banks enacted fees after government let merchants pay less for each debit card transaction. — by Ted Carter Giving your property to the government is the patriotic thing to do Eminent domain initiative roars to passage, but nothing is settled. — by Clay Chandler Jackson hotel at risk Jackson hotel at risk. — by ...

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Witte wins fellowship

Evert Witte of Bay St. Louis has earned The Jane Crater Hiatt Artist Fellowship. The grant of $15,000 was awarded recently to Witte, whose abstract paintings are included in the 2011 Mississippi Invitational, on view at the Mississippi Museum of Art through Feb. 5, 2012. The fellowship recipient is determined by a panel of jurors following the selection of artists ...

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What next for banks after failed debit fee experiment?

Dead in a near blink of an eye. That’s how history will chronicle the big idea banks had for ginning up revenue through a monthly fee to customers for debit-card transactions. Perhaps you can blame awful timing. Parks in cities across the nation began filling up with protests against Wall Street and the banking system at about the same time ...

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Will Mississippi's Twin Creeks go the way of Solyndra?

>> OBAMA AND BARBOUR HAVE BET ON GREEN ENERGY WINNERS AND LOSERS. Since its declaration of bankruptcy and subsequent FBI raid in early September, solar manufacturing company Solyndra has stayed in the national news, and President Obama has come under fire from Republicans with allegations of crony capitalism. This month the White House refused to provide documents regarding communications with ...

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