Archive | May, 2012

Repo man’s delight: Mississippi tops in tardy car payments

May 23, 2012

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Here’s a dubious list that Mississippi leads: Late car payments. The list by credit reporting agency TransUnion is sure to bring anguish to lenders and joy to repo men. TransUnion says an analysis found that Mississippi had the highest auto loan delinquency rate nationwide, with 0.77 percent at the end of the first quarter. This […]

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Mississippi affiliates help Habitat become nation’s 6th largest builder

May 21, 2012

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Habitat for Humanity affiliates in Mississippi built or fixed up 188 homes in 2011, helping to make Habitat the nation’s sixth largest homebuilder. The Christian-based organization has 40 affiliates in the state and more than 1,500 nationally. “I am profoundly impressed by the ongoing faithfulness, ingenuity and hard work of our affiliates,” said Trey Jones, […]

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Vermont takes symbolic stand with first fracking ban

May 21, 2012

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If the much-hyped dream of U.S. energy independence must involve hydraulic fracturing (also known as fracking) to extract natural gas from shale deposits deep underneath the surface of the earth, the State of Vermont wants no part of it. Vermont Gov. Peter Shumlin signed a law May 16 banning fracking, a practice that involves injecting […]

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Recent trends may threaten coaching diversity in college athletics

May 19, 2012

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By DAVID BRANDT, The Associated Press   College basketball has long been dominated by African-Americans on the court. The same can’t be said for the sidelines. And the numbers of minority coaches aren’t getting much better — they’re stagnant or even declining at the Division I level. George Mason coach Paul Hewitt — who also […]

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Toyota adding 125 jobs at Huntsville, Ala., engine plant

May 18, 2012

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Toyota plans to expand its Huntsville, Ala., engine production facility by investing an additional $80 million and adding at least 125 new jobs, the company announced Friday. The expansion will bring total investment at Toyota’s Alabama plant to more than $700 million and the total number of jobs to more than 1,150. By spring of […]

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Warren Buffett is investing in newspapers …

May 17, 2012

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Here is some interesting news involving the future of newspapers …   Why Warren Buffett Really Likes Newspapers By Devin Leonard on May 17, 2012 When Warren Buffett announced that his company, Berkshire Hathaway, was buying 63 newspapers from Media General on May 17, he issued a soaring statement about his belief in a beaten-down […]

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New president to be named at Delta State University

May 17, 2012

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Delta State University will get a new president after Dec. 31. Current president Dr. John Hilpert announced Thursday he will be leaving Cleveland, effective Dec. 31. There has been no announcement of a successor.

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Companies in search of venture capital enter ‘Shark Tank’ Tuesday

May 17, 2012

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  Three dozen Mississippi business innovators will pitch their ideas Tuesday at the “Shark Tank – New Venture Challenge” at the Jackson Convention Complex. This is the 5th annual venture capital challenge presented by the Mississippi Technology Alliance. Presentations will be from 1 p.m. to 5 p.m. and will conclude with a networking seminar at […]

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Where you @?

May 16, 2012

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Facebook may be king of the social media hill this week with their highly anticipated public offering, but here at MBJ we try to be well-versed in all the social media platforms.         Here are some favorite Twitter handles that we follow in no particular order. Chuck Jordan, Mayor of Greenville @GvillMayorChuck Volunteer Oxford @OxfordVolunteer […]

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Ingalls awarded $133.7 million for Amphibious Dock LPD 27

May 15, 2012

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PASCAGOULA — Huntington Ingalls Industries (NYSE:HII) announced today that its Ingalls Shipbuilding division has received a $133.7 million, cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long lead time materials for LPD 27, the 11th amphibious transport dock of the San Antonio (LPD 17) class. The funds awarded to Ingalls will be […]

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