Business Blog

Wilson Premier Hyundai — the latest addition to metro Jackson’s  “auto-row” on Interstate-55 North – celebrates its Madison County location with a grand opening at 10:30 a.m. Tuesday. Situated on Interstate 55 North in Ridgeland, Premier Hyundai is joining 12 other dealerships along 4.8-mile stretch between Jaguar of Jackson to the south to Patty Peck [...]

Barring a late surprise, the winner in the competition to be the new home of the Mississippi Department of Revenue should be known by the middle of next week, state officials say. The Department of Finance & Administration late Thursday afternoon opened the ‘final and best” lease offers from representatives of the three properties still [...]

Hertz Investment Group, landlord to many of downtown Jackson’s office buildings, has named the former chief investment officer of Parkway Properties, James M. Ingram, its senior VP and chief investment officer. Ingram will continue to be based in Jackson and will oversee leasing operations of Hertz properties in Mississippi, Tennessee, Louisiana and Virginia. Ingram will [...]

The Mississippi Economic Council Insight Tour has a couple of more weeks to go before arriving in Hattiesburg on March 1 for its final stop. The tour, which began in Gulfport on Jan. 24, is gathering thoughts and suggestions on strengthening the state’s business climate and offers participants a chance to network with business people [...]

Clinton Mayor Rosemary Aultman very much wants the Mississippi Department of Revenue to move its headquarters to the former WorldCom headquarters, now South Point Business Park. What Aultman says she doesn’t want, however, is for legislative politics to decide the outcome. If the DOR moves to Clinton’s South Pointe, she wants her town to win [...]

Amazon.com is clearly in a bind as states grow more eager to tax the online sales of the world’s largest cyber retailer. That makes it difficult to understand why Mississippi doesn’t stop digging through the couch cushions for loose change when it instead could get in line for a well deserved payday. If nothing else, [...]

Whiplash could be a consequence of watching recent action in the Legislature to determine the next home of the Mississippi Department of Revenue. The day before a bill to put the DOR headquarters in downtown Jackson’s Landmark Center via a $7.6 purchase passed the Senate on a 48-2 vote, House Speaker Philip Gunn successfully pushed [...]

State Sen. David Blount’s is seeing early success with a pair of bills to consolidate 28 state offices now scattered throughout the metro area into privately owned vacant office space within the Capitol Complex, an area extending from downtown to Lakeland Drive. Blount’s bill has won approval from the Senate Public Property Committee and now [...]

Mississippi Attorney General Jim Hood now has ample company in a fight to force Standard and Poor’s to give up hundreds of millions it made in profits in exchange for suspect ratings of mortgage bonds before the financial crisis of 2008. In essence, enforcement actions filed Tuesday by the states and U.S. Justice Department accuse [...]

Say a cash-strapped state like Mississippi had an opportunity to save tens of millions of dollars on office space in the coming decades while injecting new economic life into its capital city. How fast would you give the idea a thumbs-up – or at least an in-depth look ? State Sen. David Blount wants the [...]