Home » 2014 » May » 16

Daily Archives: May 16, 2014

Grant to create up to 420 tornado recovery jobs

JACKSON, Mississippi — The U.S. Labor Department is sending up to $6 million to Mississippi to pay for unemployed people to help with recovery and cleanup from the April 28 tornadoes. The money, being sent to the Mississippi Department of Employment Security, could create as many as 420 temporary jobs. The federal government said Friday that it has released $1.87 ...

Read More »

Mississippi job market improves slightly in April

JACKSON, Mississippi — Mississippi’s unemployment rate fell to 7.5 percent in April, as more people found jobs despite a falling labor force. A separate survey showed employers added 5,000 people to their payrolls in April, reversing four months of declines. Both sets of figures — adjusted to cancel out seasonal changes — were released Friday by the U.S. Labor Department. ...

Read More »

Are I-gaming, sports betting right for Mississippi?

BILOXI — With casinos revenues sliding, gaming officials and operators in Mississippi could be on the verge of making a sizeable gamble to protect the state’s interests. The state Legislature recently asked Allen Godfrey, executive director of the Gaming Commission to lead a task for looking into the viability of internet gaming and sports betting in Mississippi. The panel won’t ...

Read More »

Attracting younger players may be casinos’ biggest challenge

BILOXI — Forbes says Tilman Fertitta is worth $2.4 billion. He became a wealthy businessman by making smart decisions, being opportunistic and having a business-is-business attitude. But even when the owner and CEO of Fertitta Entertainment walks into one of his three Golden Nugget casinos, one thing scares him — the changing landscape of the customers. “One of my scariest ...

Read More »

Gaming world divided about Internet

BILOXI — One year ago, Internet gaming was about to make its big splash. New Jersey was on the forefront and some estimates put the potential revenue haul at $1.2 billion in the first year. Today, there is a shortage of players, a shortage of credit card companies participating and a lack of unity among states and owners interested in ...

Read More »

MSU student wins first place for fishing gear business

Entrepreneurship can be like fishing — sometimes you don’t get even a nibble and sometimes you land a lunker. Indeed, one local college student might have just caught a world-beater. Mississippi State University wildlife and fisheries major Charles Parker hooked the $10,000 first place prize during MSU’s Office of Entrepreneurship and Technology Transfer Entrepreneurship Week for his fishing gear business. ...

Read More »

MDA to lead business delegation to Israel

JACKSON — Representatives from the Mississippi Development Authority will lead a delegation of Mississippi companies on a business development mission to Israel in the fall. The Sept. 14-19 trip will focus on aerospace, defense and related industries and will include participation in the 5th Annual Israel Unmanned Systems 2014. MDA Executive Director Brent Christensen said in a news release yesterday ...

Read More »

Tupelo mayor chooses Hooper to lead city's development

TUPELO — €” Mayor Jason Shelton is nominating a prominent Tupelo businessman to be the city’s next development services director. The nominee, Shane Hooper, 44, is a member of the state College Board and current chairman of the Tupelo-based Community Development Foundation. He is president of the educational support services company, Success Learning Inc., which he created in 2005. BJ ...

Read More »

McDaniel, Cochran camps continue to throw barbs

JACKSON — Republican primary challenger Chris McDaniel said yesterday that longtime U.S. Sen. Thad Cochran is “one of the biggest spenders in Washington” and is out of touch with Mississippi. “Sen. Cochran has a 42-year record … of being a liberal, of exploding the government’s debt, of increasing his own pay, of just about every unbelievable liberal vote one can ...

Read More »

SKD seeking lease from UMMC for mixed-used development

JACKSON — The University of Mississippi Medical Center plans to lease 4.4 acres on the north edge of its Jackson campus to a developer who wants to build a 224-unit apartment complex with ground-level stores and offices. The College Board approved the lease yesterday. If Attorney General Jim Hood’s office also approves, SKD Development plans to go forward with the ...

Read More »