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Mississippi economic index shows first rise since fall

April 17, 2015

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Components of the Mississippi Leading Index, or MLI, collectively rose 0.6 percent in February, the first increase since October, state economists report. The value of the index increased 3.9 percent from the previous February, according to the April issue of Mississippi’s Business, an economic monitoring newsletter published by the University Research Center, an arm of […]

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TVA completes purchase of Mississippi natural gas plant

April 17, 2015

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TVA

KNOXVILLE — The Tennessee Valley Authority has purchased a 700-megawatt natural gas plant in Ackerman, Mississippi. According to the utility, TVA has bought electricity from the plant since 2008. The board of directors voted in February to pursue purchasing the plant itself from Quantum Choctaw Power, and that transaction was completed on Tuesday. The high-efficiency […]

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Feds to set new off-shore drilling rule, 5 years after BP oil spill

April 11, 2015

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The New York Times reports the Obama administration is planning to impose a major new regulation on offshore oil and gas drilling to try to prevent the kind of explosions that caused the catastrophic BP oil spill in the Gulf of Mexico, administration officials said Friday. The announcement of the Interior Department regulation, which could […]

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Forecasters see fewer than average hurricanes in 2015

April 10, 2015

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hurricane

NEW ORLEANS — The Atlantic hurricane season in 2015 will see fewer than the average number of storms, according to Colorado State University researchers. Researchers Philip Klotzbach and William Gray say in a news release that cooler ocean temperatures and the expectation that favorable atmospheric conditions will continue through the summer months will mean fewer […]

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Monroe County mining firm paying $50,000 environmental fine

April 9, 2015

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ABERDEEN — An Aberdeen company that mines and processed bentonite is paying a $50,000 fine for failing to keep accurate records and test smokestack emissions. S&B Industrial Minerals North America, part of a company based in Luxembourg, agreed to pay the fine to the Mississippi Department of Environmental Quality. A March 10 order from the […]

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More patients treated at UMMC for “spice” overdose

April 9, 2015

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JACKSON – More patients exhibiting symptoms related to an overdose of the designer drug “spice” have been seen at the University of Mississippi Medical Center’s Emergency Department over the last two days. The new cases – a reported five on Wednesday and seven on Tuesday – puts the number of patients treated at the Medical […]

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PSC offers ‘net metering’ proposal

April 7, 2015

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MBJ staff and wire Mississippi’s utility regulators are proposing rules that would be relatively favorable for residential users to deploy solar panels, but they’re leaving wiggle room for changes. The Public Service Commission voted Tuesday to issue its proposed “net metering” rule, with plans to accept public comments through July 1 and then hold a […]

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UPDATED: Florida firm slapped with $1.3M No Call fine

April 7, 2015

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JACKSON — The Mississippi Public Service Commission has fined a Florida company $1.3 million for 266 violations of the state’s No Call law. But with Global Financial Assist LLC having gone out of business, the fine may be more symbolic than actual. The fines come to $5,000 for each of the unauthorized calls the telemarketer made […]

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MARTY WISEMAN: Human Capital — Merely Buying Time

April 3, 2015

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The fact that the 2015 legislative session is drawing to a close with the status quo having been maintained may be viewed as a victory of sorts – but alas all indications are that it may be only a temporary reprieve. Just prior to the beginning of the current legislative session Senior State Economist Dr. […]

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OSHA investigating accident at Ingalls Shipyard

March 31, 2015

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PASCAGOULA — Federal officials are investigating an accident at Ingalls Shipyard in Pascagoula last week that sent an employee to the hospital. On Monday, company spokesman Bill Glenn told The Sun Herald the company prepared a release but did not send it to the media. He did not say why the release was not sent […]

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