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Monthly Archives: July 2013

Retailers win big as court declares 21-cent swipe fee cap too high

The Federal Reserve’s Board of Governors erred in letting swipe fees that banks charge retailers for each debit card transaction go as high as 21 cents a transaction, a federal court ruled Wednesday. The ruling by the U.S. District Court in Washington drew the predicable applause from groups such as the National Retail Federation and scorn from the likes of ...

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Letting pride soar: Golden Eagle statues going up on USM campuses

HATTIESBURG, Mississippi — A major landscape project underway on the University of Southern Mississippi campus here will be accentuated by a towering golden eagle statue commissioned and donated by alumnus Chuck Scianna. The bronze statue, designed by Idaho artist/sculptor David Anderson, will be positioned at the apex of the All-American Rose Garden that faces Hardy Street. The sculpture measures approximately ...

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Belle Foods bankruptcy leaves Golden Triangle store in limbo

STARKVILLE — Belle Foods officials describe the company’s grocery in Starkville as one of the strongest in the company’s chain, thanks to its proximity to Mississippi State University. Birmingham, Ala.-based Belle Foods filed for Chapter 11 bankruptcy protection earlier this month that will affect its 57 stores in Georgia, Alabama and Mississippi, including Starkville’s Piggly Wiggly. The Starkville store is ...

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City offers $210K for old Crosby Hospital property

PICAYUNE — The city of Picayune will offer up to $210,000 for the old Crosby Memorial Hospital property. The city council voted 4-2 this week to make the offer to the property owner, Southern Regional Corporation. The five-acre has been listed for sale since December 2012 and company is asking $237,000 for the property. The Picayune Item reports that Paul ...

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Dredging project at VT Halter Marine benefits Round Island

PASCAGOULA — About 200 acres of coastline and marshes are lost each year in Mississippi, but a joint project will fight this loss by nearly quadrupling the size of Round Island just off the coast of Pascagoula. The Sun Herald reports VT Halter Marine is expanding the company by adding a floating dock, which requires dredging. The excess material from ...

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Confusion on jury vote leads to mistrial in mayoral election lawsuit

HATTIESBURG — After seven days of court proceedings surrounding a lawsuit contesting the results of the June 4 Hattiesburg mayor’s election, it all ended yesterday in a mistrial and Johnny DuPree remains the city’s top executive. When the jury first returned a verdict, only eight jurors could find for Dave Ware, while four backed DuPree’s case. Judge William F. Coleman ...

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Gulf gas well blowout could spark changes in drilling regulations

GULF OF MEXICO — Last week’s blowout on a natural gas rig off the Louisiana coast could shift regulators’ focus to shallow-water drilling and make an overhaul of safety equipment regulations more likely. The rig, owned by Hercules Offshore and operated under contract to Walter Gas & Oil, spewed gas July 23 that eventually ignited. The fire damaged the Hercules ...

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Problems with paint, birds delay bridge project completion

COLUMBUS — It will likely be the end of September before the city can officially close out the Old Highway 82 bridge restoration project due to two factors — issues with the primer used in the painting process and a flock of protected migratory barn swallows who have made the construction site their temporary home. City engineer Kevin Stafford said ...

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Bryant will fight federal preclearance in state elections

CANTON — Gov. Phil Bryant said today that he’d fight any effort to make Mississippi return to a federal preclearance process for election changes. U.S. Attorney General Eric Holder last week asked federal judges to make Texas continue seeking preclearance. Holder’s request came weeks after the U.S. Supreme Court ruled that states with a history of racial discrimination no longer ...

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Entergy's earnings plummet, utility will cut 800 jobs

NEW ORLEANS — Entergy Corp. said its second-quarter net income dropped 55 percent, weighed down by higher expenses and absent a favorable tax ruling received during the prior-year period. The New Orleans-based utility also said today that it is cutting about 800 jobs, or about 5 percent of its workforce of 15,000. It says that the job cuts are part ...

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