Chancery judge delays JRA bond approval for Jackson's Westin hotel

Challenger insists Mississippi Constitution forbids using tax dollars as collateral for private projects By TED CARTER Hinds County Chancery Court Judge William Singletary last week declined to approve bonds backed by Jackson taxpayers for construction of a downtown Westin Hotel. The Mississippi Supreme Court could be the final decider on the issue if and when it […]

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TECHNOLOGY & TELECOM - Market Sector

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JOSH MABUS: Bill Murray and business misfits

Josh Mabus Bill Murray is a comic genius. Bill Murray might also be a jerk. Theodore Melfi just directed Murray in the critically acclaimed film St. Vincent. Through interviews Melfi gave to USA Today and Vanity Fair, one can piece together the frustration of casting Murray — the perfect actor for the title role of…

BANKING & FINANCE - Market Sector

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Chancery judge delays JRA bond approval for Jackson’s Westin hotel

Challenger insists Mississippi Constitution forbids using tax dollars as collateral for private projects By TED CARTER Hinds County Chancery Court Judge William Singletary last week declined to approve bonds backed by Jackson taxpayers for construction of a downtown Westin Hotel. The Mississippi Supreme Court could be the final decider on the issue if and when it…

MANUFACTURING/PRIVATE COMPANIES - Market Sector

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Manufacturing grows sluggish as oil prices slide, economists say

By TED CARTER Steep declines in oil and petroleum prices have finally shown a corresponding drop in commercial construction costs tracked by the U.S. Department of Labor’s Producer Price Index. Contractors can cheer about the drop in costs – at least those who don’t build for the oil exploration and mining sectors. Not so for manufacturers.…

ENERGY - Market Sector

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Business groups file briefs in support of Kemper coal plant rehearing

By JACK WEATHERLY Three business-support groups have filed briefs with the Mississippi Supreme Court, asking for a rehearing of the case in which a rate increase for Mississippi Power Co. customers was reversed and a refund ordered. The Mississippi Economic Council, the Mississippi Manufacturers Association and the Mississippi Gulf Coast Business Council are seeking to…

HEALTH CARE - Market Sector

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Bryant says he will sign public hospital transparency bill

JACKSON — Mississippi Gov. Phil Bryant says he intends to sign a bill designed to bring more transparency to the way publicly owned hospitals are run. Bryant spoke Tuesday to more than three dozen people who traveled to the state Capitol to push the bill because of concerns about pension losses at Singing River Hospital…

GAMING/HOSPITALITY - Market Sector

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Rhythm & Blues Hall of Fame planning gets underway

CLARKSDALE — Los Angeles-based architect, Kulapat Yantrasast of wHY Architecture Inc., is teaming up with organizers of the Rhythm and Blues Hall of Fame to get the Clarksdale, Mississippi, project moving. Yantrasast and his team met with Hall of Fame founders LaMont Robinson and Cheryl Ruffin in Clarksdale this past week. “What we believe as…

REAL ESTATE - Market Sector

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Hearing about Chinese drywall damage scheduled for April 28

NEW ORLEANS — A lawyer says last week’s $3.2 million payment for Chinese drywall damage to seven houses is a good sign for thousands of others in at least six states. Plaintiffs’ attorney Russ Herman says it now seems a matter of proving damages for up to 4,000 other people who sued Taishan Gypsum Co.…

EDUCATION - Market Sector

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KILL BILL: Common Core death knell heads to Gov. Bryant’s desk

JACKSON — A bill headed to Gov. Phil Bryant would establish a group to study whether Mississippi should modify or walk away from Common Core academic standards. The House and Senate on Tuesday both passed the final version of Senate Bill 2161. If Bryant signs the bill into law, an 11-member commission would make recommendations…

AGRICULTURE - Market Sector

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Cal-Maine income skyrockets as prices rise and costs shrink

By JACK WEATHERLY Net income for Jackson-based Cal-Maine Foods — the nation’s largest producer of eggs — rose in the third fiscal quarter to $50.9 million, its second-biggest quarter ever. Earnings per share were $1.05, compared with 89 cents a year earlier on $42.9 million in net income. Net sales were up 10.6 percent for…

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Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.