Posts Tagged ‘MBJ FEATURE’

THE BUSINESS OF FEAR

Vicksburg’s Washington Street retailers confront threats real and imagined Last week on Vicksburg’s Washington Street retail corridor, two different kinds of fears were taking hold. One sprung from lost business due to tourist fears about the coming Mississippi River flood, which is expected to be the worst since 1927. The other dealt with a more […] [...]

Cash is newest historic preservation incentive

by Published: April 17,2011

Tags: MBJ FEATURE, Percy Watson

Mississippi legislators say legislation passed this session will put more money into historic preservation and at the same time save the state money. The new law returns $250,000 to developers for every $1 million invested in a qualified historic preservation project. The measure caps allocations at $60 million, though legislators involved in formulating the bill […] [...]

No longer languishing?

by Published: April 17,2011

Tags: Malcolm Shepherd, MBJ FEATURE, Old Capitol Green

Jackson’s Old Capitol Green District seems to make it to the starting line only to stall there. A recession that won’t go away as well as the massive scope and costs have created doubts the district will be transformed into a $1.1-billion mix-use community anytime soon. But a key executive of Full Spectrum of New […] [...]

PGA’s Resort Classic returns to Fallen Oak

Unique funding model with four casinos makes PGA Champions Tour event possible Casinos on the Mississippi Gulf Coast usually are not much into collaboration with each other. The Mississippi Gulf Resort Classic is a noted exception. This week will mark the second consecutive year that four competing casino resorts — the Beau Rivage, IP Biloxi, […] [...]

Something real, or is it a bubble?

Higher crop prices and steady increases in land rents and values have Mississippi farm owners believing their fortunes have turned. But recollections of the cropland boom and bust of the 1980s keep their enthusiasm in check. For one Washington County farmer who works several thousand acres, the new prosperity is a mere offset to the […] [...]

Betting the farm

While the escalation in farmland values in the Midwest has gained national attention, Mississippi agricultural land has had a less-noticed run-up of its own. From 2009 through 2010, Mississippi’s cropland rose 5 percent in value, keeping pace with Missouri and Kansas and outpacing Illinois (3.2 percent) and Iowa (1.2 percent), the U.S. Department of Agriculture […] [...]

Foreclosure settlement could aid underwater Mississippians

by Published: March 20,2011

Tags: Gretchen Morgenson, Jim Hood, John Allison, MBJ FEATURE

A proposed $20-billion settlement to an investigation of fraudulent mortgage foreclosure practices across the nation could help underwater borrowers in Mississippi hang on to their homes through write downs on principal balances. But the wider price could involve a block to the state bringing further legal action on related foreclosure wrongdoings. Mississippi Attorney General Jim […] [...]

Retailer sees cap delay as another bailout of banks

by Published: March 20,2011

Tags: Double Quick, Gresham Petroleum, MBJ FEATURE, Walton Gresham

As Indianola convenience store chain owner Walton Gresham sees it, the debate over whether to limit swipe-card fees comes down to whether Congress wants to provide an economic stimulus to businesses like his or give more charity to the banks that issue the cards. Last Wednesday, he had a name for the bill a bi-partisan […] [...]

Agent issues

A bill that seeks to curtail the activities of rogue athlete agents and expand Secretary of State Delbert Hosemann’s power to investigate them is headed to conference committee. House Bill 1190 was one piece of Hosemann’s business reform legislative package. At the center of the disagreement between the House and Senate is each chamber’s definition […] [...]

Court puts claws in ‘cat’s paw’

A decision recently rendered by the U.S. Supreme Court opens employers to liability for discriminatory employment practices in a theory that up until the ruling had gained little traction in the higher courts. Now, human resources managers need to be aware that the “cat’s paw” liability theory has been deemed constitutional and holds broad implications […] [...]

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