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MBJ FEATURE

Meridian hotel third to get tourism tax rebate

By JACK WEATHERLY A third hotel will be built thanks significantly to the Mississippi Tourism Incentive program. The state law that created the program will provide up to 30 percent of the more than $23 million conversion of the 16-story 1929 art deco Threefoot Building in downtown Meridian. That would mean $6.9 million toward eligible costs, according to the certificate ...

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Convenience stores expect boost from Mississippi lottery

By TED CARTER Mississippi’s convenience store operators have heard the cautions that some of the money customers previously spent on dish soap, soda and bread will be diverted to lottery tickets. But the prospect of making a nickel or more on each one-dollar ticket has the retailers saying, “Bring it on.” Philip Chamblee, head of the Mississippi Petroleum Marketers and ...

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New-style Krystal model debuts in south Jackson

By JACK WEATHERLY Krystal opened its first cafe that specialized in the tiny, square hamburgers during the Great Depression. The first customer in the original stand in Chattanooga in 1932 ordered six hamburgers and a cup of coffee for a total of 35 cents, according to the company. The company did not respond to a request for a breakdown on ...

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MATTHEW McLAUGHLIN — Entrepreneurship is the solution

Matthew McLaughlin In a LinkedIn article published by Michael Dell in 2014, he noted that between 1985 and 2005, the number of people living in poverty in the world was cut in half.  This happened to be the exact period in time when the use of a personal computer and server became affordable to a mass market.  Dell further pointed ...

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Final investment decision has not been made on proposed $8 billion LNG export facility

By BECKY GILLETTE GEORGE FREELAND Gulf LNG Energy invested $1.1 billion in a facility in Pascagoula to import liquified natural gas (LNG), which is natural gas cooled down to liquid form to make it easier to transport. Two tanker shipments of LNG were offloaded at the facility in 2011. But then the energy world turned upside down. Shale gas production ...

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PHIL HARDWICK — Reflections on five days in Iceland

PHIL HARDWICK Our plane landed on schedule at Iceland’s modern Keflavik International Airport. It was in early afternoon on a midsummer’s day. The weather was cloudy; the temperature in the upper 50’s. Unlike most countries my wife and I have visited there was no customs check-in. We simply picked up or bags and caught our pre-arranged bus to downtown Reykjavik, ...

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ALAN TURNER — The MCEE: Planting the seeds for success

ALAN TURNER The mission of the Mississippi Council on Economic Education is helping to educate young people about economics, finance, and business. There are many success stories of young folks who have been inspired to become economically literate, making important choices about their career objectives, and some who became successful entrepreneurs while still in high school. Others have developed a ...

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Chasing smokestacks, fostering a creative economy – can Mississippi do both?

By TED CARTER Bill Rayburn Glenn McCullough Mississippi’s government leaders and economic development officials started this decade devoted to making innovation-based, or new economy, startup companies a bigger part of the state’s economic engine. How much they’ve actually contributed as the second decade of the  21st century nears its close depends on who is doing the talking. The assessment of ...

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