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Daily Archives: February 8, 2012

UPDATE: DEAL IS DONE … Foreclosure settlement said gaining key state support

WASHINGTON — U.S. states have reached a $25 billion deal with the nation’s biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst. Federal and state officials announced the deal Thursday. It is the biggest settlement involving a single industry since a 1998 multistate tobacco deal. Under the agreement, five major banks — Bank of America, JPMorgan ...

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A good day for dogs in Smith Park; first food vendor arrives

A sunny, spring-like day brought Fred Garrott and his hotdog cart out to Smith Park Wednesday to mark the start of what he hopes will be a thriving lunch trade. He got off to a good start, with all but three of the 40 premium all-beef dogs sold by 12:30. Chris Brown of the nearby Mississippi College of Law came ...

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Davis attends first board meeting since investigation began

SOUTHAVEN — Southaven Mayor Greg Davis has attended his first board of aldermen meeting since he became a target of an investigation into his alleged misuse of city money. A number of people who spoke urged the embattled mayor to step down, but that’s something the city’s board of aldermen already failed to get him to do. Davis referred many ...

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FEMA develops plan to waive repayment of improper disaster assistance

WASHINGTON — The Federal Emergency Management Agency (FEMA) has developed a plan to waive recoupment of improper disaster assistance payments that were disbursed due to government error, according to U.S. Senators Mary L. Landrieu, D-La., Mark Pryor, D-Ark., and Thad Cochran, R-Miss. Next week, FEMA will send letters to 90,000 affected individuals and households informing them they may be eligible ...

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Supreme Court to hear arguments over Barbour's pardons

JACKSON — The freedom of 10 people is at stake and dozens of others could lose their hopes for a cleansed record in the legal battle over former Gov. Haley Barbour’s pardons. The Mississippi Supreme Court will hear arguments in the case tomorrow. Five inmates remain jailed because Attorney General Jim Hood persuaded a judge to hold them until courts ...

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USM scientists determine Katrina had minimal impact on Pearl River

HATTIESBURG — An article in a recent issue of the “Journal of Hydrology” details how a team of scientists headed by researchers from the University of Southern Mississippi found that Hurricane Katrina had minimal long-term impact on the water quality of the East Pearl River in southwest Mississippi. Led by Alan Shiller, professor of marine science and director of the ...

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MDA to lead business development mission to Israel

JACKSON — The Mississippi Development Authority (MDA) will lead a delegation of state business leaders on a business development mission to Tel Aviv, Haifa and Jerusalem, Israel from March 17-22. The trip is designed to connect Mississippi businesses looking to expand trade and create business relationships with opportunities in Israeli markets. During the business development mission, delegates will meet one-on-one ...

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Submarine commissioning relocated due to insufficient channel depth

PASCAGOULA — Navy Secretary Ray Mabus says the commissioning for the submarine USS Mississippi will be in Pascagoula rather than Gulfport. “Due to concerns about insufficient channel depths in Gulfport … the new commissioning site for USS Mississippi is Pascagoula with a scheduled date of June 2,” Mabus, a former Mississippi governor, said in a statement. The channel is deeper ...

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Report: Optimism about the economy up 10 percent in fourth quarter

STARKVILLE — Mississippians’ optimism about the economy jumped 10 percent from the third to fourth quarter of 2011, according to the latest Mississippi Index of Consumer Sentiment featured in the current edition of “Economy Watch.” Based at Mississippi State University’s College of Business, “Economy Watch” is published in cooperation with BankPlus and Entergy. More than 500 telephone surveys conducted by ...

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Councilmen OK deal to move city workers into Metrocenter

JACKSON — The Jackson City Council has approved a deal that will allow 300 employees to relocate to the Metrocenter mall within 45 days. The Clarion-Ledger reports the new terms proposed by Councilman Quentin Whitwell passed 3-2 yesterday, ending a stalemate over a wiring issue. The city now will pay $50,000 up front for wiring needs that were overlooked at ...

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