Business Blog

  Drax Biomass International Inc. plans to build a 450,000 metric ton per year wood pellet production facility in Gloster, in southwest Mississippi’s Amite County. The facility, to be known as Amite BioEnergy, represents a substantial multi-million dollar investment by the company and will create 45 direct jobs, as well as additional indirect jobs during [...]

Te Office of the Comptroller of the Currency recently graded the 19 largest national banks on five factors designed to gauge how well they are being run.   The results are startling, BankInvestmentConsultant.com reports.   Not a single bank met the OCC’s requirements for internal auditing, risk management or succession planning. Only two of the [...]

Gov. Phil Bryant has recommended a frugal, balanced budget to the Legislature, saying, “We must take a balanced approach and spend only the money we have.” Highlights of his recommendation include: >> $24 million in new spending to improve education outcomes; >> $8.5 million in new spending to expand and upgrade the Mississippi Highway Patrol; [...]

Remember the morning of the “Individual Mandate” fiasco back in July? News producers at CNN and Fox News certainly do. Now it’s time for them to wince anew. The Poynter Institute, a journalism think tank and training center, has given the two news networks “error of the year” distinction for reports that the U.S. Supreme [...]