Archive | July 3rd, 2014

MDA grants KiOR forbearance after biofuels maker defaults on payment

July 3, 2014

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COLUMBUS, Mississippi – In a sign that biofuel maker KiOR Inc.’s money troubles aren’t letting up, the start-up company will make a $250,000 forbearance payment to the Mississippi Development Authority in exchange for 120 days to get current on its nearly $70 million debt to the MDA. KiOR defaulted on a $1.87 million payment that was […]

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NY Times: Loser or not, McDaniel’s time in spotlight may have just begun

July 3, 2014

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Mississippi Tea Party dreams were extirpated last week when State Senator Chris McDaniel lost his Republican primary bid to unseat Senator Thad Cochran. Yet if some of Mr. McDaniel’s most outspoken contemporaries are any guide, he may actually have greater political influence as a loser, the New York Times reports. Read the story:

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BCAM purchases AmFed group

July 3, 2014

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Special to the MBJ An Investor group led by the Builders and Contractors Associations of Mississippi Self-Insurers Trust has purchased Ridgeland-based AmFed Companies from Companion Property & Casualty Insurance Co. of Columbia, S.C. This purchase includes two Mississippi insurance companies. BCAM Board Chairman Donnie Massey indicated that AmFed has served as the Third Party Administrator […]

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Is the SEC Network nearing a deal with Comcast?

July 3, 2014

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According to the Birmingham Business Journal, the new SEC Network appears to be nearing a deal with Comcast, the nation’s largest cable company. According to Fox Sports, a spokesman for Comcast said the two sides are working out the final details of the deal and expect to reach an agreement in the near future. The network […]

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State’s first tea garden survives bad weather with some losses

July 3, 2014

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BROOKHAVEN — Mississippi’s cold, wet winter and spring gave the state’s new tea farm its first test. Owner Jason McDonald and business partner Timothy Gipson started the farm in October. Their 250 one-gallon plants and 10 three-gallon plants are thriving this summer, despite some losses. “The plants actually did really well,” said Rebecca Bates, Mississippi […]

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Universal offering red carpet screening of ‘Get on Up’

July 3, 2014

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On July 27, Universal Pictures will hold an exclusive red carpet screening of the James Brown biopic Get on Up at Grandview Cinema in Madison. Mississippi native and Get on Up director Tate Taylor and Chadwick Boseman, the film’s star, will be in attendance. In his follow-up to the four-time Academy Award-nominated blockbuster The Help, […]

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