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Daily Archives: May 17, 2012

Warren Buffett is investing in newspapers …

Here is some interesting news involving the future of newspapers …   Why Warren Buffett Really Likes Newspapers By Devin Leonard on May 17, 2012 When Warren Buffett announced that his company, Berkshire Hathaway, was buying 63 newspapers from Media General on May 17, he issued a soaring statement about his belief in a beaten-down industry. “In towns and cities ...

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Read March 21 issue of MBJ

>> “APP-ROVED” Jackson’s Charley Hutchison believed to be among the youngest app developers in Apple history— By Clay Chandler Also in this week’s paper: >> CHRISTENSON TO MDA Florida economic development pro takes over the reins from interim director Jim Barksdale— by Ted Carter >> REACTION FROM BARKSDALE Netscape/FedEx executive comments on his MDA replacement— by Stephen McDill >> DELTA COUNCIL ...

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Army Corps of Engineers: Backwater levees must be raised or face de-certification

The Mississippi Delta may finally be drying out after an historic flood inundated 200 square miles of the region last spring. But the flood left behind a giant-sized worry for the region — the prospect of de-certification of the Yazoo Backwater Levee. Federal officials say the recent flooding showed the 27-mile long flood protection berm must be raised more than ...

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Gulfport casino development denied

JACKSON — The Mississippi Gaming Commission has asked casino developer Rotate Black to try again. The commission, in a 3-0 vote Thursday, again rejected the company’s plan for the Harbor Town Casino on the waterfront in Gulfport. In April, the commission asked developers to add more to their proposal, hoping the additional investment would bolster coast tourism. Harbor Town’s Jake ...

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Companies in search of venture capital enter ‘Shark Tank’ Tuesday

  Three dozen Mississippi business innovators will pitch their ideas Tuesday at the “Shark Tank – New Venture Challenge” at the Jackson Convention Complex. This is the 5th annual venture capital challenge presented by the Mississippi Technology Alliance. Presentations will be from 1 p.m. to 5 p.m. and will conclude with a networking seminar at p.m. at which the winners ...

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TVA: Lack of rainfall negatively imacting hydroelectric generation

NORTH MISSISSIPPI — The Tennessee Valley Authority says a lack of rainfall has hydroelectric generation running 12 percent below normal. Hydro is TVA’s cheapest source of electricity, but accounts for only about 8 percent of the power the federal utility produces. The lower water level in the reservoirs might have more effect on recreation, including boating and fishing. The upper ...

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MDAC takes Korean oysters off shelves following FDA ruling

AROUND MISSISSIPPI — The Mississippi Department of Agriculture and Commerce (MDAC) has placed off sale several packages of frozen Korean oysters, because the product was from an unapproved source and considered to be adulterated by the Federal Food and Drug Administration (FDA). MDAC’s consumer protection inspectors found the product this morning at small, Asian retail establishments in Biloxi, Hattiesburg and ...

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Buffett attends certification meeting for Magaritaville Casino

JACKSON — Jimmy Buffett says creating jobs on the Gulf Coast is a rewarding part of his new Margaritaville Casino and Resort in Mississippi. Buffett was in Jackson today when the Mississippi Gaming Commission signed off the certification for the casino, set to open next Tuesday in Biloxi. The meeting was a formality. Gaming Commission Chairman Jerry St. Pe told ...

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DSU introduces three new MBA offerings

CLEVELAND — This fall, Delta State University’s College of Business will introduce three new emphases in the MBA program including human resource management, health care administration and information systems management. Each emphasis is 12 hours in addition to 18 hours of required core courses for the degree. The MBA program is offered identically in both a traditional and an online ...

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