Archive for the ‘BANKING & FINANCE – Market Sector’ Category

Southaven plans to become regional shopping destination

by Published: February 23,2015

Tags: Business, Memphis, Mississippi, NEWS, shopping, Southaven

SOUTHAVEN — Local officials are expecting the outlet mall under construction by Tanger and Poag Shopping Centers to make Southaven a regional business destination. “We are 250 miles from six states and we will probably draw from all of them. This isn’t your local mall,” Carmen Kyle, executive director of the Southaven Chamber of Commerce, […] [...]

Hood wants some of $46 million of suit settlements earmarked for mentally ill

by Published: February 21,2015

Tags: Business, Jim Hood, Legal Affairs, Mississippi, NEWS, Politics

Call it a sharing of the spoils of war at an opportune time.. Just as he qualifies for a reelection bid, Mississippi Attorney General Jim Hood is handing over around $46 million to Gov. Phil Bryant and the Legislature from legal settlements obtained from the likes of Standard & Poor’s, Merck & Co., HSBC Bank […] [...]

McCaskill, McDowell, Moore promoted at Community Bank

by Published: February 20,2015

Tags: Alan McCaskill, Andrew McDowell, Community Bank, Jennifer Moore

Alan McCaskill, Andrew McDowell and Jennifer Moore have been promoted at Community Bank. McCaskill becomes senior vice president for Community Bank, North Mississippi.  McCaskill joined the bank in 2006 and specializes in consumer and commercial lending. He  is a 1991 graduate of Delta State University with a Bachelors of Business Administration in Business Management.  He […] [...]

MARK BLACKWELL — Diversification is challenging for business owners

Savvy investors don’t put their entire portfolio in a single stock, yet owners of privately held businesses often keep the bulk of their wealth in one enterprise – their own.  This concentration means that business owners face a myriad of financial risks that others don’t have to worry about. For one, if anything hurts the […] [...]

BEN WILLIAMS and MOLLY MOODY — Never trust a trust

Coming to his own defense, the unrepentant Mississippi Governor Ross Barnett once retorted:  “If you can’t trust a trusty, who can you trust?”  The “trusty” in Governor Barnett’s story involved a prisoner on unauthorized extended leave.  This column pertains to the considerably less exciting legal practice where one person (the Grantor) transfers legal title of […] [...]

Mississippi lawmakers working on early version of budget

by Published: February 18,2015

Tags: budget, Business, finance, Mississippi, NEWS, Politics

JACKSON — Mississippi legislators are working on early proposals to fund state government during the year that begins July 1. The House passed several budget bills Wednesday, including one that would add about $106 million to schools. The proposed education budget includes about $40 million to give pay raises to teachers. It would put tens […] [...]

Rosemary Smith wins MBJ’s Businesswoman of the Year

by Published: February 18,2015

Tags: Business, Businesswoman of the Year, Mississippi, NEWS, Rosemary Smith

  Rosemary Smith was named the 2015 Mississippi Business Journal Businesswoman of the Year today in front of a crowd of nearly 500 at the Hilton Hotel on County Line Road in Jackson. Smith, who grew up as one of eight children in the small town of Raleigh, is the Owner, President and Sole Stockholder of R […] [...]

Hattiesburg police chief, city attorney retiring

HATTIESBURG — Hattiesburg Mayor Johnny DuPree has announced the retirement of City Attorney Charles Lawrence and Police Chief Frazier Bolton. The announcement came at the end of the city council’s meeting Tuesday night. Lawrence said he was retiring to focus more time on his ailing wife and also because he did not want to be […] [...]

Miss. lawmakers propose property tax break for seniors

by Published: February 17,2015

Tags: Business, Jeff Smith, Manly Barton, Mississippi, NEWS, taxes

JACKSON — Mississippi homeowners older than 65 could get a break on their property taxes under a proposal some lawmakers are pushing. The House Ways and Means Committee Tuesday approved House Bill 216 (http://bit.ly/1EKr4FR), which would freeze assessed values of senior citizen-owned homes unless they are renovated. Taxes could still rise if local governments raise […] [...]

Potential field taking shape for Nunnelee’s vacant Miss. House seat

HERNANDO  — Speculation has begun in earnest over who will succeed the late Alan Nunnelee in Mississippi’s First District House seat, and conventional wisdom is that DeSoto County will play a key role in determining who North Mississippi’s next congressman will be. At least three DeSoto County names — Hernando Mayor Chip Johnson, state Sen. […] [...]

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