Home » 2013 » July » 11

Daily Archives: July 11, 2013

Yokohama Tire Corporation announces selection of design firm for new commercial tire plant in West Point

FULLERTON, California – A little over two months ago, Yokohama Tire Corporation (YTC) announced its plan to build a new commercial tire manufacturing plant in West Point, Mississippi. Today, the company has made public its selection of Kajima Associates/Architects & Engineers, PC (KA/AEPC) of Atlanta, Georgia to design the first phase of the project – a 931,000-square-foot factory that will ...

Read More »

Stocks rally after Fed allays stimulus fears

NEW YORK — Stocks broke through record highs in early trading Thursday after Federal Reserve Chairman Ben Bernanke said the central bank is in no hurry to stop supporting the economy. Bernanke said the U.S. economy still needed help because unemployment remains high and inflation is below the Fed’s target. The Fed is currently buying $85 billion a month in bonds ...

Read More »

Metcalfe mayor pleads not guilty in teacher test-cheating scheme

METCALFE — A Mississippi mayor has pleaded not guilty to charges for his alleged role in a scheme run by a Memphis educator who helped teachers cheat on certification exams over a 15-year period. Metcalfe Mayor Corey Holmes appeared yesterday in federal court in Memphis, Tenn. He remains free on his own recognizance. No trial date has been set. Holmes’ ...

Read More »

MMI takes over operation of downtown hotel; LEAD still owners

JACKSON — MMI Hotel Group has assumed management of the 67-room Sleep Inn and Suites Downtown-Convention Center located across the street from the to-be-opened Iron Horse Grill. The LEAD Group, LLC continues to own the property serving the downtown Jackson market. “This is our first management agreement with The LEAD Group,” said Scott Sledge, vice president of operations for MMI ...

Read More »

Senators push Brown's nomination for federal judge

WASHINGTON, D.C. – U.S. Sen. Thad Cochran (R-Miss.) is recommending Debra Brown of Jackson, who has been nominated to be a U.S. District Court Judge for the Northern District of Mississippi. Cochran made his recommendation while introducing Brown at her nomination hearing before the Senate Judiciary Committee. “Debra Brown is very well qualified by ability, education and experience to serve ...

Read More »

High water has TVA spilling at dams; farmland to be impacted

NORTHEAST MISSISSIPPI — The Tennessee Valley Authority is working to move large volumes of water, as much as one million gallons per second in some places, along the Tennessee River system to reduce potentially damaging flooding from record rainfall. TVA prepared for this event by lowering reservoir levels on the main channel of the Tennessee River beginning the last week ...

Read More »

Choctaws petition for work stoppage on road project

VICKSBURG — The Choctaw Nation is asking Warren County to stop work on the local China Grove Road if any historic artifacts traced to Choctaw settlements centuries ago are found. The action was requested in a letter sent to the county in June asking work to be halted if any significant archaeological materials, such as stone arrowheads, ceramics or foundations ...

Read More »

County's assessed value of property nears high-billion dollars

PURVIS — With solid growth for the past 20 years, the assessed value of property, homes and other assets in Lamar County is approaching the half-billion dollar mark, continuing to bolster county revenue. The Hattiesburg American reports the county’s current assessed valuation, the total of taxable property, stands at over $498 million, up more than $7 million from 2012. In ...

Read More »

AIDS trial group inspired by curing of baby at UMMC

JACKSON — An international group devoted to pediatric AIDS treatment is taking on a long-term global trial in hopes of replicating the success a University of Mississippi Medical Center researcher achieved in curing a baby born to an HIV-positive woman. And although Dr. Hannah Gay, Mississippi’s leading pediatric AIDS specialist, won’t be directly involved, “I will be following it with ...

Read More »