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Daily Archives: October 16, 2013

State’s Medicaid refusal puts 1 of 3 poor Mississippians into Obamacare coverage gap

Nearly one-third of Mississippians poor will fall into the “coverage gap” created by Mississippi and 25 other states choosing not to expand Medicaid under the federal health law next year, according to a study released Wednesday by the Kaiser Family Foundation Kaiser Health News reports the study concluded that about 5.2 million poor, uninsured adults will fall into the coverage ...

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Selection near for 2nd downtown Jackson offices for Secretary of State

JACKSON, Mississippi — The Mississippi Secretary of State’ Office is moving its office at 700 North St. closer to downtown. The Mississippi Department of Finance & Administration received five responses to a request for proposals and has narrowed the candidates to two office buildings. The Secretary of State’s Office and DFA are reviewing best and final from owners of the ...

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Mississippi's beer of choice is Bud Light

When it comes to beer, the northeast loves Sam Adams, Pennsylvania opts for its native Yuengling, and California picks Corona. Blowfish, a “hangover cure” that promises relief after a night of heavy drinking, recently conducted a poll with AMP, a third-party research firm, to learn about people’s drinking habits across the U.S. The survey included 5,249 drinkers over the age ...

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Stocks head for record high as confidence rises in debt default deal

Optimism over a deal to avert a federal debt default lifted U.S. stocks late Wednesday morning to near an S&P 500 record. The jump came as Senate leaders rushed to send a budget deal to the House of Representatives for a vote one day before the nation’s borrowing ability expires. “It appears that risk assets are anticipating a conclusion to ...

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New $50M Rolls-Royce engine test stand opens

HANCOCK COUNTY — Rolls-Royce has officially opened the company’s second jet engine test stand. Located at the Rolls-Royce Outdoor Jet Engine Test Facility at NASA’s John C. Stennis Space Center, the test stand represents a $50-million corporate investment and will create 35 new jobs. The Outdoor Jet Engine Test Facility performs jet engine testing on Rolls-Royce civil aircraft engines, including ...

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Conference looks to boost outdoor recreation, tourism development

If you’re thinking of developing an outdoor recreation/tourism-related business, it might be in your best interest to make a road trip to Alabama. The Mississippi State University Extension Service and MSU’s Stennis Institute of Government and Community Development are promoting the annual Alabama-Mississippi Rural Tourism Conference Oct. 28-30. The event will be in Guntersville, Ala., and the theme is outdoor ...

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Renasant sees dip in net income following M&F acquisition

TUPELO — Renasant Corporation saw net income for the third quarter of 2013 of $6.6 million, or basic and diluted earnings per share of $0.24, as compared to $7.0 million, or basic and diluted earnings per share of $0.28, for the third quarter of 2012. On Sept. 1, Renasant completed its merger with First M&F Corporation. Renasant’s 2013 third quarter ...

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Southgroup Insurance merging with Cox and Associates

RIDGELAND — SouthGroup Insurance Services continues to grow through its recently announced proposed association with Cox and Associates in Carthage. This new alliance, which will be effective Jan. 1, 2014, gives SouthGroup, headquartered in Ridgeland, 22 branch locations across the state. Terms of the transaction were not disclosed. Ronald P. Tubertini, president and CEO of SouthGroup, said, “I have always ...

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FNC report: U.S. home prices still on the rise

OXFORD — The latest FNC Inc. Residential Price Index (RPI) shows continued growth of home prices in August as the U.S. housing recovery remains well underway. The index moved 0.6 percent higher from the previous the month, making August the 18th consecutive month of rising home prices. According to the FNC RPI, August home prices have climbed to the levels ...

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