Author Archives | Ted Carter

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Fed’s Beige Book shows sustained rise in economic activity

March 5, 2015

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Reports from the 12 Federal Reserve Districts indicate that economic activity continued to expand across most regions and sectors from early January through mid-February. Central and South Mississippi are part of the Fed’s Atlanta District while North Mississippi is in the St. Louis District. The Beige Book, last published on Jan., details economic assessments from […]

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Charleston, S.C., wins Daimler AG sweeptakes for Sprinter van plant

March 5, 2015

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The Charleston area appears to be 1,200 jobs closer to being recognized as a leading automotive center, the Charleston Post and Courier reports. While Daimler AG is not expected to announce its plan until Friday, insiders say it is primed to expand its North Charleston plant, which currently employs about 100 people and assembles Mercedes-Benz […]

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Speaker Gunn notes loss to Mississippi with death of House predecessor Tim Ford

March 2, 2015

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Addressing the Stennis Capitol Press Forum luncheon Monday, Speaker of the Mississippi House Philip Gunn spoke of the sorrow and loss he and the rest of Mississippi feel with the sudden death last Friday of Tim Ford, who served a decade-and-a-half as Speaker of the Mississippi House of Representatives. Ford, an Oxford resident and partner […]

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Prison won’t interrupt ex-prison chief’s retirement cash flow

February 26, 2015

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As part of his guilty pleas, former Mississippi prisons chief Chris Epps must pay a $750,000 fine and could be forced to pay a hefty restitution. But he has an income source to help with the costs: the Public Employees’ Retirement System of Mississippi. Epps admitted guilt Wednesday to two felony charges of money laundering […]

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$2 million makeover for Jackson’s Smith Park in conceptual stage

February 23, 2015

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A vision for the first revamp of downtown Jackson’s Smith Park in more than 40 years is taking shape. A project committee of downtown business leaders hope to raise private money to secure a contribution from state government for a $2 million redo that involves opening up the 2.4-acre park’s visibility and access, building a […]

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Hood wants some of $46 million of suit settlement earmarked for mentally ill

February 20, 2015

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Call it a sharing of the spoils of war at an opportune time.. Just as he qualifies for a reelection bid, Mississippi Attorney General Jim Hood is handing over around $46 million to Gov. Phil Bryant and the Legislature from legal settlements obtained from the likes of Standard & Poor’s, Merck & Co., HSBC Bank […]

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Foreclosures continue to drop in Mississippi and Jackson

February 6, 2015

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Foreclosure rates in Jackson decreased in November over the same period last year, according to newly released data from CoreLogic, a California-based real estate data company. Statewide, the November rate came in at 0.99 percent, a significant improvement from the previous November’s 1.49 percent. Mississippi’s 90-day delinquency rate also improved in November, dropping to 5.57 […]

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Whitehurst: Oysters, rivers and state government contradictions

February 4, 2015

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Mississippi Gov. Phil Bryant recently announced the formation of the Governor’s Oyster Council to help the coast’s oyster industry restore a fishery that has been hurt and diminished over just a few years by hurricanes, the BP drilling disaster and its aftermath, and oyster reef mortality due to salinity changes. The fresh water from rivers feeding […]

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As merger nears, US Airways moves to American’s counter at Jackson Evers

February 4, 2015

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US Airways has moved from boarding passengers on the west concourse to the east concourse at the Jackson-Medgar Wiley Evers International Airport. US Airways passengers will now board at gates three and four. US Airways ticket counter services will now operate from the American Airlines ticket counter relocated closer to the east security checkpoint. This […]

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UPDATED: Bryant’s $50 million workforce training plan heads for floor votes

February 3, 2015

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Matching House and Senate legislation that would pull  $25 million each of the next two years from the state’s unemployment compensation reserve fund to pay for workforce training made it to the floors of their respective houses Tuesday. The money would be used to step-up the state’s efforts to train workers for advanced manufacturing jobs and […]

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