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Daily Archives: December 17, 2012

No flattery from Forbes: Publication gives state dismal business ranking

  Mississippi’s government and business leaders won’t find any glad tidings for the New Year in Forbes magazine’s annual list of “Best States for Business.” The business magazine’s December issue ranks Mississippi 46th overall and puts the state dead last in the “Growth Prospects” category. By contrast, Forbes proclaimed Utah the top state for business and described it as magnet ...

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Corps releasing water from lake to raise falling river

MISSISSIPPI RIVER — Amid strong concerns about the declining level of the already low Mississippi River, the Army Corps of Engineers is releasing water from an Illinois lake to add to the flow of the Mississippi. Last Saturday, Corps of Engineers officials began releasing water at Carlyle Lake in southern Illinois, saying the additional water will provide the depth needed ...

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Testing on rocket engine's 'heart' concludes at Stennis

HANCOCK COUNTY — NASA has taken another step toward human exploration of new destinations in the solar system. At the agency’s Stennis Space Center, engineers conducted the final test-firing of the J-2X powerpack assembly, an important component of America’s next heavy-lift rocket. The J-2X engine is the first human-rated liquid oxygen and liquid hydrogen engine developed in the United States ...

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FNC index shows improving U.S. property values

OXFORD — U.S. property values continue to show signs of improvement, in line with indications of continued expansion in economic activity and better employment rates in recent months, according to FNC’s latest Residential Price Index (RPI). Favorable developments in the housing sector, including declining foreclosure activities and rising home sales, have contributed to the continued price strengthening, according to a ...

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Review shows employee did not embezzle from university

EUPORA — An internal review reveals that a Mississippi State employee did not take funds from the university, though she has been charged with embezzling from another organization. The Commercial Dispatch reports Beth Sykes Collum of Eupora was arrested and charged with embezzling an undisclosed amount while serving as treasurer for the Mississippi Horse Show Association. She was released on ...

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Port to get improvements costing nearly $2M

PASCAGOULA — The Jackson County Port Authority has set aside $1.8 million for surfacing and drainage improvements at the Port of Pascagoula. The Sun Herald reports the authority is awarding the money to Talley Contracting under a contract for improvements to the port’s south terminal. The project calls for expanding the port’s storage and cargo space and providing better drainage. ...

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Moment of silence at NYSE honors Newtown victims

The New York Stock Exchange remembered victims of Friday’s mass school shooting in Newtown, Conn. this morning with a moment of silence before the opening bell. Traders stood quietly as the floor remained inactive for about a minute. Twenty-six people were killed including twenty children between the ages of six and seven at Sandy Hook Elementary School when a gunman ...

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Stanford professor knows how to procrastinate without guilt

Here is a book many of us can love. You can even put off reading it without feeling guilty. In fact, I delayed giving the full long title of this little gem: it’s “The Art of Procrastination: A Guide to Effective Dawdling, Lollygagging and Postponing. Lollygagging?” What a lovely old-fashioned word, but those who lollygag know what it means. It ...

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Finger-pointing begins in Va. over GreenTech project

HORN LAKE and TUNICA — An electric car firm headed by Virginia Democratic gubernatorial candidate Terry McAuliffe never provided Virginia officials enough details to obtain economic development incentives, according to an Associated Press review of state records. McAuliffe claimed in a Dec. 5 news conference that the Virginia Economic Development Partnership didn’t want to bid on GreenTech Automotive’s proposed plant ...

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