Mississippi Business Journal » National/International News

EPA announces $50 million for Gulf river basins

Associated Press — Mon, 05 Dec 2011 17:04:55 +0000

HOUSTON — Federal authorities are providing $50 million to restore seven Gulf Coast river basins after last year’s catastrophic oil spill. The U.S. Environmental Protection Agency’s head Lisa Jackson says a task force has set out a series of goals to help restore the region, the result of a year of work between the five [...]

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Waller eulogized as transformative Miss. governor

Associated Press — Mon, 05 Dec 2011 15:06:18 +0000

JACKSON — Former Mississippi Gov. William Waller Sr. was remembered Saturday as a transformative figure who helped the state move beyond its segregationist politics during his tenure from 1972 to 1976. More than 1,000 people attended Waller’s funeral at First Baptist Church in downtown Jackson. Hundreds more streamed through the Capitol rotunda earlier in the [...]

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Dollar rises vs. most rivals as G-20 ministers meet

Amy McCullough — Fri, 22 Oct 2010 12:50:57 +0000

Source: The Wall Street Journal’s Market Watch TOKYO – The dollar gained against most major rivals in Asian trading Friday, as investors were reluctant to be short of the U.S. unit as finance ministers from the Group of 20 nations gathered in the South Korean city of Gyeongju, Market Watch reports. In a letter to [...]

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US-Saudi arms deal ripples from Iran to Israel

Associated Press — Thu, 21 Oct 2010 17:25:17 +0000

DUBAI, United Arab Emirates — As American and Saudi officials spent months quietly hammering out a wish list for a mammoth sale of American warplanes and other weapons to the oil-rich kingdom, leaders in Iran were busy publicly displaying their advances in missiles, naval craft and air power. In one memorable bit of political theater, [...]

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Fed survey points to uneven growth across US

Associated Press — Thu, 21 Oct 2010 16:47:51 +0000

WASHINGTON — The U.S. economy grew unevenly in early fall, with more than half the regions of the country expanding modestly while others struggled to grow. A survey by the Federal Reserve released Wednesday found that seven of the Fed’s 12 regions reported moderate improvements in business activity. Three regions – Philadelphia, Richmond and Cleveland [...]

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Geithner’s goal: ‘rebalanced’ world economy

Amy McCullough — Thu, 21 Oct 2010 13:08:11 +0000

WASHINGTON — Treasury Secretary Timothy Geithner said he would use weekend meetings of G-20 finance ministers to advance efforts to “rebalance” the world economy so it is less reliant on U.S. consumers, to move toward establishing “norms” on exchange-rate policy, and to persuade others the U.S. doesn’t aim to devalue its way to prosperity, reports [...]

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Toyota recalling 1.53 million cars globally

Associated Press — Thu, 21 Oct 2010 12:14:37 +0000

TOKYO — Toyota is recalling 1.53 million Lexus, Avalon and other models, mostly in the U.S. and Japan, for brake fluid and fuel pump problems, the latest in a string of quality problems for the world’s No. 1 automaker. Toyota Motor Corp. said Thursday it will call back for repairs about 740,000 cars in the [...]

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Feds consider limiting potatoes offered to kids

Associated Press — Wed, 20 Oct 2010 16:51:20 +0000

GLEED, Wash. — Potato growers are fighting back against efforts to ban or limit potatoes in federal child nutrition programs, arguing the tuber is loaded with potassium and vitamin C and shouldn’t be considered junk food. One Washington man is so exasperated by the proposals that he’s in the midst of a 60-day, all potato [...]

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Fed-up JetBlue attendant pleads guilty, avoids jail

Associated Press — Wed, 20 Oct 2010 16:40:54 +0000

NEW YORK — The fed-up flight attendant who waved goodbye to his career in a spectacular exit down an emergency chute made a soft landing in court Tuesday. Steven Slater, 38, avoided jail under a plea bargain that requires him to undergo counseling and substance-abuse treatment for at least a year. He must also pay [...]

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Dow drops below 11,000 as dollar rebounds

Associated Press — Tue, 19 Oct 2010 22:10:46 +0000

NEW YORK — A stronger dollar and a surprise interest rate hike in China that may slow that country’s economy helped push stocks sharply lower Tuesday. The Dow Jones industrial average fell below 11,000 for the first time in a little more than a week, reversing a streak that had pushed the index up nearly [...]

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