Home » Author Archives: Associated Press

Author Archives: Associated Press

Mississippi justices uphold judgment against developer

The Mississippi Supreme Court will not reconsider a decision that requires a Jackson developer to pay more than $650,000 for securities violations. Justices Thursday rejected the request from David Watkins to rehear the case. In an administrative proceeding brought by Secretary of State Delbert Hosemann, a hearing officer found Watkins committed financial misdeeds. Watkins transferred money loaned to him to ...

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Hattiesburg’s tourism industry sees gains over previous year

City officials say tourism spending is up in Hattiesburg. The Hattiesburg American reports (http://hatne.ws/2pCBGcH ) that annual audits from the Hattiesburg Convention and Tourism Commissions were recently shared with the city council. They show that in fiscal year 2016, visitors spent $274 million in the local economy. Rick Taylor, executive director of the commissions, said that number is an increase of ...

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Questions as Mississippi seeks to tax online lodging rentals

Mississippi’s tax collector wants to make sure people renting rooms or vacation properties online pay sales and lodging taxes. Some people, though, told Revenue Department officials at a Wednesday hearing that the department was overstepping its legal power, as well as not correctly following procedures for issuing new government rules. At stake is whether Mississippi and local governments will collect ...

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Special session agenda not complete, Bryant spokesman says

A top Democrat is calling on Mississippi Gov. Phil Bryant to expand the list of topics for a special legislative session, but the governor’s spokesman says the budget remains the only agenda item for now. Bryant on Tuesday announced that a special session will begin June 5 so lawmakers can set budgets for the attorney general’s office and the Department ...

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Mississippi-founded Stein Mart removing mis-labled Ivanka Trump clothing

An apparel company says it accepts responsibility for Ivanka Trump clothing that was relabeled as a different designer. G-III Apparel Group Inc., which is licensed to manufacture clothing under the Ivanka Trump brand, said it was removing the mislabeled items sold at discount retailer Stein Mart. It said the relabeling to Adrienne Vittadini “occurred without the knowledge or consent of ...

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Spacecraft flies between Saturn and rings in historic 1st

NASA’s Cassini spacecraft has ventured into the never-before-explored region between Saturn and its rings. But flight controllers won’t know how everything went until Thursday when they are back in touch with the craft. Cassini was out of radio contact with Earth early Wednesday as it became the first spacecraft to enter the gap between Saturn and its rings. That’s because ...

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Stocks tick higher, S&P 500 flirts with record

Stock indexes ticked higher on Wednesday, and the Standard & Poor’s 500 index flirted with its record high, as the White House unveiled a broad outline of its plan to cut tax rates. The market has sprinted higher since November, due in large part to expectations that lower taxes and looser regulations for businesses are on the way. White House ...

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City accuses company of committing trademark infringement

A judge has issued a temporary restraining order against a T-shirt company ordering owners to halt the sale of merchandise advertising the Double Decker Arts Festival. News outlets report a Chancery Court judge issued the order Tuesday. The request claims the Oxford T-Shirt Co. has committed trademark infringement by selling Double Decker items. The order states it was granted to ...

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Mississippi governor sets special session to start June 5

Republican Gov. Phil Bryant is calling Mississippi legislators back to the Capitol for a special session starting June 5. He is asking them to set the final pieces of the state budget for the year that begins July 1. Legislators ended their three-month regular session in late March without passing budgets for the attorney general’s office or the Department of ...

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Healthy profits push stocks higher yet; Nasdaq crosses 6,000

Profits are climbing for companies, and so are their stock prices. More big businesses joined the earnings parade Tuesday, saying their profits were even larger in the first three months of the year than analysts were expecting, including Caterpillar and McDonald’s. The encouraging reports pushed U.S. indexes to their second straight day of big gains, placing them either close to ...

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