Archive for August 23rd, 2010

The Man Behind the Curtain

by Stephen McDill Published: August 23,2010

Tags: fine arts, Mark Keenum, Marty Stuart, Meridian, Mississippi State University, Riley Center

MERIDIAN- MBJ-TV travels to Meridian for a behind-the-scenes look at the MSU Riley Center, a historic theater and fine arts complex. [...]

Farmers: Disaster aid in Farm Bill inadequate

by Associated Press Published: August 23,2010

Tags: agriculture, crop losses, disaster recovery, disasters, Weather

The permanent disaster aid program in the 2008 Farm Bill was intended to spare Congress from having to scrape up extra money every time a drought, flood or hurricane struck farm country, but growers in the South claim the plan has failed them. They argue the program needs changes, and as proof they point to [...] [...]

AIG to repay nearly $4B in federal bailout loans

by Associated Press Published: August 23,2010

Tags: bailout, banking and finance, recession

NEW YORK — American International Group Inc. says it is repaying nearly $4 billion in federal bailout loans. The insurer said today it will pay back the taxpayer-funded loans with proceeds from a recently completed $4.4 billion debt sale at its aircraft leasing company, International Lease Finance Corp. The payment will trim AIG’s outstanding balance [...] [...]

TVA sets new agenda for future power generation

by Wally Northway Published: August 23,2010

Tags: energy, environment, renewable energy, utilities

NORTH MISSISSIPPI — The Tennessee Valley Authority (TVA) board of directors has adopted a renewed vision for TVA’s future, focusing on cleaner air and greater energy efficiency and eventually replacing some of its older coal-fired generation units with low-carbon or carbon-free sources such as nuclear power. CEO Tom Kilgore told board members, “TVA’s vision to [...] [...]

Heat fries Sanderson Farms’ quarterly sales

by Associated Press Published: August 23,2010

Tags: agriculture, poultry, sales, Weather

LAUREL — Poultry processor Sanderson Farms Inc. said today that its third-quarter profit fell 16 percent as sales dipped. The results fell short of Wall Street forecasts, and its shares dropped $2.16, or 5 percent, to $41 in pre-market trading. Chairman and CEO Joe F. Sanderson Jr. said high temperatures were partly to blame for [...] [...]

SBA sets new state loan volume record

by Wally Northway Published: August 23,2010

Tags: federal assistance, loans, small businesses

ACROSS MISSISSIPPI — A total of 1,000 business loans for more than $174.9 million have been approved by the U.S. Small Business Administration (SBA) for Mississippi small businesses, according to the SBA Mississippi District Office. “The current level exceeds the previous record of $151.80 million in loan dollars achieved in fiscal year 2006 as well [...] [...]

Cal-Maine receives shipment of recalled eggs

by Wally Northway Published: August 23,2010

Tags: agriculture, eggs, food safety, poutlry, product safety, recall

JACKSON — Cal-Maine Foods Inc. has been notified by an Iowa producer that between April 9 and Aug. 18, 2010, the producer sold 32 truckloads of eggs, or approximately 800,000 dozen eggs, to Cal-Maine. This accounts for approximately 0.3 percent of Cal-Maine’s total sales for that time period. This product has been added to the [...] [...]

All state waters open to fishing again

by Wally Northway Published: August 23,2010

Tags: disaster, energy, environment, fishing, offshore drilling, oil and gas, oil spill

GULF OF MEXICO — The Mississippi Department of Marine Resources (MDMR) and the Mississippi Department of Environmental Quality (MDEQ), in coordination with the National Oceanic and Atmospheric Administration (NOAA) and the U.S. Food and Drug Administration (FDA), have ordered the reopening of all Mississippi territorial waters, including those south of the barrier islands, to all [...] [...]

Stock futures rise after recent retreat

by Associated Press Published: August 23,2010

Tags: investing, investments, markets, stocks and bonds

NEW YORK — Stock futures rose modestly day as investors tentatively move back into the market after a recent retreat because of worries about the economy. There are no major economic reports due out today that could sway trading. So while investors are set to buy stocks, they are buying Treasury bonds as well. That [...] [...]

FDA still tracking source of tainted eggs

by Associated Press Published: August 23,2010

Tags: agriculture, eggs, food safety, poultry, public health, recalls

WASHINGTON — Investigators from the Food and Drug Administration are working to find the cause of a salmonella outbreak that has sickened as many as 1,300 people and forced the recall of more than a half-billion eggs. Two Iowa farms linked to the disease outbreak — Wright County Egg and Hillandale Farms — share suppliers [...] [...]

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