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Daily Archives: December 21, 2011

Judge puts Mississippi Facebook suit on hold

OXFORD — A federal judge has put a hold on a Mississippi woman’s lawsuit against Facebook. U.S. Magistrate S. Allan Alexander agreed to stay the lawsuit at Facebook’s request. The Judicial Panel on Multi-District Litigation is deciding whether to consolidate the suit with at least 11 other identical lawsuits against Facebook. The Mississippi lawsuit contends that Facebook violates wiretap laws ...

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ALL BUSINESS: Former bank president Chuck Jordan hits the ground running as new Greenville mayor

In an election year when politics dominated headlines, perhaps Chuck Jordan’s sweeping victory in the Greenville mayoral race topped them all. In a surprising landslide victory, banker-turned-politician Jordan took more than 64 percent of the vote to become Greenville’s next mayor. Not only was this his first political campaign, Jordan, a white, took 40 percent of the black vote. Running ...

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TVA chief operating officer McCollum to retire

The Tennessee Valley Authority’s chief operating officer, 60-year-old Bill McCollum, says he will retire June 30. McCollum announced his plans in a Wednesday telephone call with reporters. As chief operating officer, McCollum oversees management of power production, transmission, power trading and resource management programs. McCollum said he plans for the next six months to mainly work on capital project planning. ...

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Aldermen hold closed session on mayor's spending

SOUTHAVEN — Southaven aldermen met in closed session last night to discuss $44,000 in receipts from meals and other items Mayor Greg Davis charged to the city. The Commercial Appeal reports the officials didn’t reveal what they discussed. Davis repaid about $96,000 of the more than $170,000 the state auditor demanded he return to the city for personal expenses he ...

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State's casinos see drop in winnings

ACROSS MISSISSIPPI — Mississippi’s casinos won $165.8 million from gamblers in November, down nearly 8 percent from $179.6 million in 2010’s same month. The 19 river casinos won $84.7 million, down 10 percent from $93.9 million in November 2010, according to Mississippi Department of Revenue figures. Winnings at the 11 Mississippi coast casinos totaled $81.1 million, down 5 percent from ...

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Tecumseh plans to modernize Tupelo operations

TUPELO — Tecumseh Products Company, manufacturer of refrigeration and air conditioning products, is modernizing its Tupelo operations by upgrading its assembly and welding operations. The total capital investment was not disclosed. The Mississippi Development Authority helped facilitate the project by providing assistance through the Existing Industry Loan program for the purchase of new equipment. The agency also provided Job Protection ...

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County to raze dozens of abandoned structures

COAHOMA COUNTY — With grant support from the Walton Family Foundation, the Delta Bridge Project (DBP) in Coahoma County will fund the demolition of abandoned homes and buildings. Clean-up is expected to begin in the spring of 2012. Working with local leaders, the staff of Southern Bancorp Capital Partners (SBCP) has identified 40 dilapidated structures in Clarksdale and 20 in ...

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Grant awarded to renovate downtown property

MERIDIAN — With several historic county buildings downtown, Lauderdale County is likely to have its hands full when the time comes for renovations. Thanks to a grant from the Mississippi Department of Archives and History, a new study will show the county what it’s in for. The $108,000 grant will go toward a $135,000 study of five downtown buildings, with ...

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Casino revenue decline continues in November

Mississippi’s casinos won $165.8 million from gamblers in November, down nearly 8 percent from $179.6 million in 2010’s same month. The 19 river casinos won $84.7 million, down 10 percent from $93.9 million in November 2010, according to Mississippi Department of Revenue figures. Winnings at the 11 Mississippi coast casinos totaled $81.1 million, down 5 percent from $85.6 million the ...

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Jobless rate dips in November

Mississippi’s unemployment rate dipped to 10.5 in November, as some people gave up looking for jobs. That’s down from 10.6 percent in October, but above the 10.2 percent rate in November 2010. Mississippi remains tied for the third-highest jobless rate among the states. Bureau of Labor Statistics figures show the number of unemployed people fell from 144,100 in October to ...

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