Archive for the ‘NEWS’ Category

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 […] [...]

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

by Published: March 31,2015

Tags: Business, Common Core, education, Mississippi, NEWS, Phil Bryant

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 […] [...]

DAVID DALLAS — Just how long can Dan stand?

Mississippi’s Board of Trustees for the Institutions of Higher Learning, IHL, wants all of the Dan Jones hullabaloo to blow over. They are hoping spring will take its natural course on those protesting Ole Miss student bodies. Then the IHL Board can get back to operating in their usual anonymity where they are much safer. […] [...]

Senate balks at bill to force new state testing competition

JACKSON — Senators want more work on a bill that would force the state Department of Education to relaunch a contract competition to pick state standardized tests with rules that would aid the ACT organization. House and Senate negotiators tacked the language onto House Bill 434, a must-pass bill that transfers money in the budget. […] [...]

Bryant says he will sign public hospital transparency bill

by Published: March 31,2015

Tags: Business, healthcare, Mississippi, NEWS, Phil Bryant

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 […] [...]

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 […] [...]

IRS plan to require tax forms for wins of $600

BILOXI — Casino operators in South Mississippi are coming out against an IRS proposal that would require players to file tax forms any time they win $600 or more on slot machines, keno or bingo. The threshold currently is $1,200. Hit that amount or higher and the slot machine freezes and stays locked until the […] [...]

Lawmakers move on bonds despite complaints from colleges and universities

by Published: March 30,2015

Tags: bonds, Business, Mississippi, NEWS, Politics

JACKSON — Mississippi lawmakers are likely to agree to borrow a total of $450 million, including nearly $25 million to build an aquarium in Gulfport. House members voted 73-44 to support Senate Bill 2906, which contains $250 million in borrowing, while members are considering another $200 million linked to a bill financed by casino taxes. […] [...]

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. […] [...]

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 […] [...]

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