Business Blog

  In winding down programs dating to the 2008 financial crisis, the Treasury Department is auctioning its preferred shares in Brandon-based Community Bank of Mississippi Inc. and 14 other banks that received Troubled Asset Relief Program funds. Community Bank of Mississippi, a subsidiary of Community Bancshares of Mississippi, received $52 million TARP money on Sept. [...]

COLUMBUS — Lowndes County officials say they have been told by Silicor that its metal production and purification facility will not meet its Dec. 31 start date. Lowndes County Administrator Ralph Billingsley tells the Commercial Dispatch that the announcement came during a meeting this week. In August, Lowndes County supervisors extended a Sept. 2 starting [...]

Marlo Dorsey will be joining the Mississippi Development Authority as its chief marketing officer effective Dec. 3. Dorsey comes to MDA from Jones County Junior College (JCJC), where she has served as the college’s vice president of marketing for seven years. In this position, she has managed a team responsible for the college’s publications, websites, and [...]

The Coast Guard is searching for two people who remain missing from a platform that caught fire 25 miles south of Grand Isle early Friday. Earlier, authorities reported that two people had been killed, but during a news conference in New Orleans, the Coast Guard are no confirmed deaths at this time, NOLA.com, the news [...]

OXFORD – FNC’s latest Residential Price Index™ (RPI) indicates that U.S. property values remain relatively unchanged in September after enjoying six months of modest growth. Despite recent encouraging developments, such as a modest outlook for the overall economic recovery and unemployment, the pace of the housing recovery is likely to be constrained during the housing low [...]