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Federal shutdown could erase nearly 1 in 5 Mississippi paychecks

October 1, 2013

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JACKSON, Mississippi – The state’s Gross Domestic Product could sustain a severe blow should the federal government shutdown go on for an extended time. Paychecks earned by federal workers made up 18.1 percent of Mississippi’s GDP in 2012, accordiong to the Bureau of Labor Statistics. The Magnolia State also has the fourth highest percentage – […]

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Event to look at tomorrow’s Oxford

October 1, 2013

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An economic development organization is putting the future of its community on the front burner today. On Oct. 15, the Oxford Lafayette County Economic Development Foundation will host an event that will examine the future of Oxford in the arena of entrepreneurship and technology growth. The event, hosted by the EDF’s Entrepreneurial Alliance and Innovate […]

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Dress for Success presents red carpet evening Oct. 3

September 13, 2013

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The metro Jackson chapter of Dress for Success Worldwide will present its “Little Black Dress with a Tie” gala and silence auction at 6 p.m. Oct. 3 at the Mississippi Museum of Art and Art Garden, 380 Lamar St., Jackson. The fall event is a key fundraiser for Dress for Success Metro Jackson, the state […]

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SBA appoints Lance Foster to head Gulfport branch

September 6, 2013

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GULFPORT, Mississippi — Lance P. Foster, economic development specialist in the Small Business Administration’s Gulfport Office, has been named manager of the SBA’s Gulfport branch. Foster will handle distribution and promotion of the agency’s economic development programs and counseling services to Mississippi’s 12 most southern counties. He has been with the SBA since March 2006, […]

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Retailers win big as court declares 21-cent swipe fee cap too high

July 31, 2013

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The Federal Reserve’s Board of Governors erred in letting swipe fees that banks charge retailers for each debit card transaction go as high as 21 cents a transaction, a federal court ruled Wednesday. The ruling by the U.S. District Court in Washington drew the predicable applause from groups such as the National Retail Federation and […]

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Tactical rifle maker TALON to open operations in Ridgeland

July 26, 2013

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Mississippi lawmakers aiming to make the state a mecca for production of firearms and firearms accessories notched their first success Friday with an announcement that startup TALON Ordnance will begin manufacturing an AR-15-style semi-automatic sporting rifle in Ridgeland. TALON’s startup coincides with a huge upswing in demand for rifles in the AR-15 platform, whose design […]

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GAO report signals trouble with health insurance exchanges beyond Mississippi

July 3, 2013

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By Ted Carter Mississippi may not be alone among the states for which federal officials have fallen perilously behind in getting health insurance market place exchanges ready for open enrollment Oct.1 The General Accounting Office, the investigative arm of Congress, says the Centers for Medicare & Medicaid Services (CMS) has missed a series of deadlines […]

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Columbus building new jobs with arrival of sustainable brick maker

July 2, 2013

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COLUMBUS, Mississippi – Sustainable building products maker CalStar is setting up manufacturing operations in the Golden Triangle Industrial Park. The company will hire 17 workers when the plant opens in the first quarter of 2014 and increase to 58 employees over three years. Wisconsin-based CalStar is putting $8 million into a 100,000-square-foot building shell in […]

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Help navigating Obamacare available at new Balch & Bingham blog

June 24, 2013

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JACKSON, Mississippi — Balch & Bingham LLP has launched the Affordable Care Act Review, a blog authored by members of the firm’s Affordable Care Act Strategists, a cross-disciplinary team created to provide advice and guidance on the ACA. The ACA Review, at acareview.com, serves as a resource to provide information, practical commentary and analysis to […]

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Mississippi 5th nationally in business startup activity

June 20, 2013

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Mississippi is ranked 5th nationally in the most business startup activity in 2012, according to the Ewing Marion Kauffman Foundation Index of Entrepreneurial Activity. Mississippi had a startup rate of 430 per 100,000 adults. Montana leads the list with 530 startups per 100,000 adults. Others in the Top 10 are: 2. Vermont, 3. New Mexico, […]

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