Home » 2012 » May » 01

Daily Archives: May 1, 2012

Workers’ comp reforms headed to governor for signing

Workers’ compensation legislation seen as a victory for business and a setback for workers’ rights passed the Mississippi Legislature Monday. The bill sponsored by Sen. Will Longwitz (R – Madison) is touted as encouraging economic growth, creating safer workplaces and ensuring fair and impartial administration of justice. Longwitz said the reforms are designed to return fairness to a system that ...

Read More »

Opinion: Economic development can be a dirty word

In the wake of the Mississippi Business Journal story this week that Mississippi and 28 other states are making no effort to determine the true returns their states are gaining from tax incentives granted businesses in exchange for promises of jobs and capital investments, it’s important to remember if you google “economic development benefits,” you’ll find a plethora of critics ...

Read More »

STODDER: iPad spurs disruption in point-of-sale payment industry

Apple created and marketed the iPad mobile tablet as a media player for the family, and it is that. But its versatility, coupled with the imaginations of its users, has launched mini-revolutions within some business sectors, as entrepreneurs discover the iPad is a readymade platform for cloud computing. An illustration: App-makers and entrepreneurs are taking a run at replacing many ...

Read More »

Sturdivant, prominent politican/farmer, dies at home

GLENDORA — Mike P. Sturdivant, a two-time gubernatorial candidate and fourth-generation Delta farmer, has died. He was 85. Officials with Wilson and Knight Funeral Home told the Associated Press that Sturdivant died today at his home on the Due West Plantation near Glendora. Funeral services are pending. Mike Sturdivant Jr. told the Greenwood Commonwealth his father had been in declining ...

Read More »

Steamboat travel returns to river with American Queen launch

MISSISSIPPI RIVER — The churning red paddlewheel propels the pearl-white steamboat along the wide Mississippi River, like a slow-moving time machine through a slice of Americana that harks back to Mark Twain and the history, culture and commerce of the 19th century. Inside the six-level steamboat, passengers enjoy tea time in the ladies’ parlor, rousing musical shows in the Grand ...

Read More »

Warm weather allows early planting of soybean crop

ACROSS MISSISSIPPI — Soybeans are usually an early-planted crop, but an unseasonably warm March gave some growers a chance to get in the fields a little ahead of the typical April 1 start date.Trent Irby, Mississippi State University Extension Service state soybean specialist, said the crop was on track at the end of April. “Many parts of the state got ...

Read More »

Renaissance Corp. accepted as member of FHLB Dallas

GULFPORT — Gulf Coast Renaissance Corp. was recently granted membership into the Federal Home Loan Bank of Dallas (FHLB Dallas). According to Renaissance Corp., a nonprofit organization focused on creating affordable homeownership opportunities and stimulating economic development through the small business sector, it is the first non-bank community development financial institution (CDFI) in the state to be accepted as a ...

Read More »

MSU honors state's first-ever veterinary tech graduates

STARKVILLE — Mississippi State University’s College of Veterinary Medicine recently honored its first graduating class in the four-year veterinary medical technology degree program with a special pinning ceremony. Dr. Allison Gardner, clinical instructor in CVM’s veterinary medical technology program, said veterinary technologists make important contributions in the field of animal care. “Veterinary technologists are a critical component of the animal ...

Read More »

Peoples Financial reports increased earnings, decreased loan losses

BILOXI — Peoples Financial Corporation, parent of The Peoples Bank, reported net income of $505,000 for the first quarter of 2012, a 15.3 percent increase over the first quarter of 2011. Loan volume increased 5.3 percent over the first quarter of 2011 to $428 million, compared to $407 million in the same period last year. The provision for loan losses ...

Read More »

Cal-Maine strikes joint venture with Eggland's Best, Land O' Lakes

JACKSON — Cal-Maine Foods Inc. has formed a new joint venture between Eggland’s Best Inc., a New Jersey-based egg cooperative, and Land O’ Lakes Inc., a national farmer-owned cooperative based in Minnesota, to produce and sell branded specialty eggs. Pursuant to the terms of the transaction, Eggland’s Best has contributed certain assets, including its trademarks, into a new limited liability ...

Read More »