The American Bankers Association warned a House financial services subcommittee Thursday that the cumulative impact of years of added regulations has pushed the nation’s community banks to the tipping point. ABA representatives specially cited dramatically increasing compliance costs – estimated at $50 billion annually — and said they threaten the future of community banks. William [...]
Continue reading...2. May 2012
“Packing” for this summer’s Republican Party National Convention in Tampa has taken on a whole new meaning. Grab your Glock and come on down – but don’t forget to bring enough 9mm rounds. That’s the message Florida Gov. Rick Scott has sent with his warning that conventioneers may want to pack some heat in case [...]
Continue reading...1. May 2012
Workers’ compensation legislation seen as a victory for business and a setback for workers’ rights passed the Mississippi Legislature Monday. The bill sponsored by Sen. Will Longwitz (R – Madison) is touted as encouraging economic growth, creating safer workplaces and ensuring fair and impartial administration of justice. Longwitz said the reforms are designed to return [...]
Continue reading...25. April 2012
A Lee County School District employee has been indicted on two counts of embezzlement related to an air conditioner and pickup truck allegedly stolen form the school district. Authorities arrested Randy Thweatt on April 17 at the Lee County School District office. A grand jury has since indicted him, according to the State Auditor’s Office, [...]
Continue reading...24. April 2012
Renodda Dorman, former Leake County Chamber of Commerce executive director, received a 10-year prison sentence Tuesday after pleading guilty to embezzling more than $60,000. The sentence specifies Dorman must serve five years behind bars and five years of probation. The court also ordered Dorman to make $60,916.11 in restitution to Leake County. The joint investigation [...]
Continue reading...17. April 2012
Betty Thompson, spokesperson for the only abortion clinic in Mississippi, has sounded off on Gov. Bryant’s recent signing of a bill that would further regulate abortion in the state. “The governor doesn’t have a uterus,” Thompson told the MBJ on Tuesday. “I like the governor fine but he’s not a woman. They want to push [...]
Continue reading...16. April 2012
A workplace death has led the Department of Labor’s Occupational Safety and Health Administration to force Delta Air Lines to provide seat belts to protect workers who operate baggage handling vehicles. The agreement covers approximately 90 of the Atlanta-based company’s airport sites that fall under federal OSHA’s jurisdiction, as well as 16,000 Delta employees and [...]
Continue reading...16. April 2012
Mississippi has settled its lawsuit against the Facility Group for negligence regarding the design and completion of the failed beef plant project, announced Attorney General Jim Hood today. Full release from Attorney General Hood’s office: The Attorney General’s Office has recovered for the State $3,965,000, which is the maximum possible recovery available under the Facility [...]
Continue reading...10. April 2012
COLUMBIA, Mo. — An associate dean at the University of Mississippi has been named dean of the University of Missouri’s School of Law. Missouri Provost Brian Foster announced April 9 that Gary Myers will take the reins from L. Lawrence Dessem as dean of the law school, beginning Aug. 15. “Gary Myers comes to MU [...]
Continue reading...2. April 2012
Regions Financial Corp. has completed its sale of Morgan Keegan & Co. Inc. and related affiliates to Raymond James Financial Inc. for about $1.2 billion. Regions’ trust and institutional investment management businesses are not included in the sale and will operate within Regions’ Wealth Management organization. Regions President &d CEO Grayson Hall said the sale [...]
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10. May 2012
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