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Daily Archives: November 6, 2013

Kaiser: 204,000 in state can get health insurance tax credits

Once the federal government’s health insurance marketplace Web portal – healthcare.gov – is actually working, 204,000 uninsured Mississippians will be eligible for tax credits that can be used to lower the price of premiums on the exchange, a new report from the Kaiser Family Foundation says. The Kaiser Foundation estimates the 204,000 has the potential to grow to 290,000 Mississippians’ ...

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Dow Jones average is back at a record high

NEW YORK— The Dow Jones industrial average is closing at another record high. The Dow rose 128 points, or 0.8 percent, to 15,746, beating the record it set last Tuesday by 66 points. The Standard & Poor’s 500 index rose seven points, or 0.4 percent, to 1,770, just one point below its own all-time high. One of the biggest gainers ...

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Mississippi Forge (PVF) locating operations in Ackerman

Mississippi Forge (PVF), Inc. has announced it is making a $9 million corporate investment and creating 60 new jobs over three years by locating manufacturing operations in Ackerman, Miss. Mississippi Forge, manufacturer of steel forged flanges and fittings for use in piping systems, is locating in the facility formerly occupied by Ackerman Forge. The same facility once housed Taylor Forge, ...

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Bryant will chair Interstate Oil and Gas Compact Commission

With Mississippi drawing ever closer to a possible shale oil bonanza in the Tuscaloosa Marine Shale play, Gov. Phil Bryant next year will chair the Interstate Oil and Gas Compact Commission, the nation’s oldest oil and gas commission. The commission, representing the governors of 30 member and eight associate states, promotes the conservation and efficient recovery of the nation’s oil ...

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Mississippi is most-improved energy-efficient state in nation

Mississippi has jumped from worst to first in a ranking of the nation’s most-improved states on energy efficiency, according to the American Council for an Energy-Efficient Economy, a Washington, D.C., energy think tank. “For too long, Mississippi has ranked dead last in the nation in the area of energy efficiency,” said Northern District Public Service Commissioner Brandon Presley, who joined ...

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Fitch gives state 'negative' bond rating; has problems with PERS

JACKSON — The Fitch credit rating agency has downgraded Mississippi’s bond rating outlook from stable to negative. The state’s bond rating remains AA+, only one notch below the highest AAA level, but the agency warns the rating could be lowered unless officials take steps to shore up finances. A lower bond rating would make it more expensive for state government ...

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Advantage Rent A Car files for federal bankruptcy

RIDGELAND — Franchise Services of North America Inc.’s (FSNA) wholly owned subsidiary, Simply Wheelz LLC, which does business as Advantage Rent A Car, has filed for U.S. federal bankruptcy protection in Mississippi. First-day motions with respect thereto have been scheduled for tomorrow. FSNA is a publicly traded company listed on the TSX Venture Exchange. The company and its subsidiaries own ...

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Census: State's supplemental poverty level lower than official rate

WASHINGTON — The nation’s poverty rate was 16.0 percent in 2012, unchanged from 2011, according to the supplemental poverty measure released today by the U.S. Census Bureau. The 2012 rate was higher than the official measure of 15.0 percent. The official poverty rate in 2012 was also not significantly different from the corresponding rate in 2011. Unlike the official poverty ...

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Sanderson to keynote 'VISION' celebration next week

JACKSON — Madison County’s best and brightest, as well as the leader of a successful poultry company in South Mississippi, will take center stage next week. The Madison County Business League (MCBL) and the Madison County Economic Development Authority (MCEDA) will host “VISION Celebration 2013” on Thursday, Nov. 14 from 11:30 a.m. – 1 p.m. at the Country Club of ...

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St. Paddy's Parade names grand marshal, theme

Though Mal’s St. Paddy’s Parade in Jackson is four months away, organizers already have a grand marshal and a theme. The 2014 edition of Mal’s St. Paddy’s Parade will salute grand marshal and popular Jackson bartender Cotton Baronich and proceed under the theme “Drink Local, Think Global,” parade founder Malcolm White said. The 32nd parade will march and roll through ...

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