Business Blog

Here is part of an op-ed in today’s New York TImes that mentions recent legislation passed in Mississippi … Americans, even those who generally support government intervention in our daily lives, have a reflexive response to being told what to do, and it’s not a positive one. It’s this common desire to be left alone [...]

You know the routine: Go to Best Buy and check out the electronic device, try it out, return it to the shelf and thank the salesperson for her time. By that night, you’re clicking on Amazon.com and buying the exact same product, confident it’s exactly what you want, thanks to Best Buy. Best Buy — [...]

Regions Financial (RF) reported fourth-quarter earnings that beat analysts’ estimates as its net interest margin, a gauge of lending profitability, widened, Bloomberg reports. Net income was $265 million, or 18 cents a share, compared with a loss of $548 million, or 48 cents, a year earlier, when the lender posted a non-cash charge tied to [...]

>> SEE UPDATE AS OF THURSDAY MORNING …. JACKSON — State utility regulators have asked Mississippi Power Co. and the Sierra Club to submit proposals on how to proceed with the Kemper County coal-fired power plant. The Mississippi Supreme Court ruled on March 15 that the Public Service Commission failed to lay out its reasoning [...]