Posts Tagged ‘Tennessee’

1 in 2 new graduates are jobless or underemployed

WASHINGTON — The college class of 2012 is in for a rude welcome to the world of work. A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don’t fully use their skills and knowledge. Young adults with bachelor’s degrees are increasingly scraping by in lower-wage […] [...]

Economic crisis gave Metropolitan Bank the opportunities it needed

>> Gabardi’s idea was to cultivate a niche space in which Metropolitan’s bankers would compete against other bankers — not other banks As the sky seemed to be falling on the nation’s banking sector in 2008, veteran banker Curt Gabardi and his “Band of Bankers” executive corps decided there may never be a better time […] [...]

Advocates want more flexible charter school bill

Charter school advocates believe this is the year for Mississippi to make progress in school choice through more flexible charter school legislation. In his first State of the State address, Gov. Phil Bryant said now is the time for Mississippi to pass a “workable” charter school law. A 2010 law passed by the state Legislature […] [...]

Mississippi included in Michael Foods egg recall list

MINNETONKA, Minn. — A Minnesota food company is widening its recall of hard-cooked eggs because of a potential for listeria contamination. Michael Foods, of Minnetonka, is recalling eggs in brine sold in 10- and 25-pound pails for institutional use in 34 states. The eggs carry six brand names: Columbia Valley Farms, GFS, Glenview Farms, Papetti’s, […] [...]

Mild temps reduce electricity sales for TVA

KNOXVILLE, Tenn. — The Tennessee Valley Authority said a mild winter so far has reduced electricity sales by 5 percent in the first quarter of the fiscal year and will cause the utility to reconsider expenditures for the rest of the year. The utility said in a news release on Friday that its first quarterly […] [...]

TVA chief operating officer McCollum to retire

The Tennessee Valley Authority’s chief operating officer, 60-year-old Bill McCollum, says he will retire June 30. McCollum announced his plans in a Wednesday telephone call with reporters. As chief operating officer, McCollum oversees management of power production, transmission, power trading and resource management programs. McCollum said he plans for the next six months to mainly […] [...]

Crop insurance rates skyrocket after summer floods

Midwestern farmers who saw their land swamped by summer flooding may be socked again with steep increases in their crop insurance premiums, the expensive result of the failure to fix broken levees before the winter snow and next spring’s rains. The Missouri River rose to record levels this year after the U.S. Army Corps of […] [...]

MBJ Editorial: Parcells never knew he was actually talking about Mississippi

Positive is great. Reality is, well, real. Every once in a while, a talking head will rebut some statistic that’s not favorable to his or her opinion by saying, “Yeah, well, you can make statistics say whatever your want them to say.” Super Bowl winning coach Bill Parcells, however, famously said, “You are what your […] [...]

Tornado victims often uninsured

The regions that most need insurance after tornadoes are often the exact places that don't have much of it. [...]

Mallory carrying out 3-year-old agreement to retire as Cadence Bank CEO & chairman

By Ted Carter The early March closing of an acquisition by Houston banking investment company Community Bancorp LLC will mark the end of Cadence Financial Corp. Chairman & CEO Lewis Mallory Jr.’s 47 years with the Starkville-based regional bank. Mark Abernathy, Cadence’s president, is expected to be elected CEO and Paul B. Murphy Jr., Community […] [...]

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