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Daily Archives: September 18, 2012

Greenville Mayor Chuck Jordan resigning, has late-stage cancer

Greenville Mayor Chuck Jordan has told the Mississippi Business Journal he is resigning office after just nine months having learned he has advanced-stage pancreatic cancer. Tupelo Mayor Jack Reed Jr. also shared the news at his city council meeting Tuesday, which was tweeted by  Northeast Mississippi Daily Journal reporter Emily LeCoz. Jordan made an official announcement at 8:30 Wednesday morning ...

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CARTER: Give ADP failing marks on Clinton shutdown disclosure

  T.J. McSparrin at the Clinton Chamber had a to do-list last Thursday morning that included a call to Automatic Data Processing, better known as ADP. Time to pitch them on renewing their Chamber membership. You may want to scratch that from your list, I told her. ADP would soon be on a midnight train to Georgia – and leaving ...

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State, schools, communities to pay more into retirement system

JACKSON — State government will be asked to put $44 million more into the Mississippi retirement system next year to shore up the program for an estimated 30 years, the system director has told lawmakers. Pat Robertson, executive director of the Public Employees Retirement System, told lawmakers today public schools and cities and counties would also be expected to contribute ...

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Report: Nearly 70% of state's residents will be obese by 2030

NEW YORK — A group campaigning against obesity predicts that by 2030 more than half the people in 39 states will be obese — not merely overweight, but obese. Mississippi is expected to retain its crown as the fattest state in the nation for at least two more decades. The report predicts 67 percent of that state’s adults will be ...

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Three more drought-ridden counties eligible for assistance

NORTH MISSISSIPPI — The U.S. Small Business Administration reports federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in Alcorn, Benton and Tippah counties as a result of the drought and excessive heat. Under this declaration, the SBA’s Economic Injury Disaster Loan ...

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Ingalls awarded contract; delivers ship to Navy

PASCAGOULA — Huntington Ingalls Industries’ Ingalls Shipbuilding Division has been awarded an $83.3 million cost-plus-award-fee contract from the U.S. Navy for continued life-cycle engineering, modernization and support services on the U.S. Navy’s fleet of USS Ticonderoga-class (CG 47) Aegis guided missile cruisers. The contract is the first of five options, which if exercised would place the total value of the ...

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Measuring river's depth not like it used to be

MISSISSIPPI RIVER — Reading the depth of the Mississippi River is high-tech stuff compared to decades ago, when engineers used sticks and pressure lines to measure water levels. Still, a clear measure of water in the river when levels are low can be confusing even when updated hourly on the Internet. To get the amount, elevation above sea level comes ...

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Southern Bancorp branch earns LEED certification

HERNANDO — Shortly after the opening of the Southern Bancorp Hernando Branch in summer 2011, Southern applied for LEED (Leadership in Energy and Environmental Design) certification. The United States Green Building Council (USGBC) has now awarded the Hernando Branch its LEED Certification – the first LEED Certified bank building in the State of Mississippi, according to Southern. The Hernando Branch ...

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Webb thinks state's economy has slipped into recession

JACKSON — State economist Darrin Webb says Mississippi probably slipped into recession between April and June during the 2nd quarter of 2012. Because of weak jobs numbers and other factors, he expects it to remain there in the 3rd quarter, which ends this month. But he said it could improve in the final three months of the year. “It appears ...

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Entergy: Isaac's costs run $400M-$500M

NEW ORLEANS — Entergy Corporation has released an update on preliminary financial effects, liquidity resources and recovery initiatives after Hurricane Isaac. Total restoration costs for the repair and/or replacement of the electrical facilities in areas with damage from Isaac are estimated to be in the range of $400 million-$500 million. Each utility company is responsible for its restoration cost obligations ...

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