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MBJ FEATURE

Main Street Matters kicks off with development goal

Effort enlists business leaders to bring more industry and tourism to Main Street communities The Mississippi Main Street Association has launched a five-year economic and community development program for the State of Mississippi dubbed “Main Street Matters.” The initiative to underwrite the effort grew out of ideas and suggestions from nearly 100 business leaders over the past year. Main Street ...

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Who’s lucky here?

Choctaws plan to open Bok Homa Dec. 20 come hell or high water A policy brief released in August by Mississippi State University’s National Strategic Planning and Analysis Research Center says the slot casino the Mississippi Band of Choctaw Indians will open in December could have negative social, economic and environmental effects on the Jones County area. One of the ...

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Egg recall puts FOOD safety back in spotlight

State’s catfish farmers still waiting for the USDA inspections The recent massive recalls of tainted eggs that involved one Mississippi company has the nation’s food-inspection efforts back in the spotlight. And while the egg/poultry industry works its damage control, the catfish farmers are still waiting on a promised change in the way the U.S. inspects fish. Last summer, the largest ...

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PSC votes to discuss utility donations of ratepayers' $

What organizations got ratepayer money and how much? Click on the years below: Entergy Mississippi’s Disallowed & Allowed Charitable Contributions * 2007 * 2008 * 2009 Mississippi Power Company’s Disallowed & Allowed Charitable Contributions * 2007 * 2008 * 2009 The Mississippi Public Service Commission (PSC) has voted unanimously to open a docket to explore restricting the amounts of charitable ...

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Cadence reports continued losses

Starkville-based bank had lower losses than same quarter in 2009 In a late arriving earnings report, Cadence Financial of Starkville last Wednesday reported a third quarter net loss of $7.5 million, or $0.63 per diluted share. The new round of losses come just ahead of a Dec.  9 shareholder meeting at which shareholders will vote whether to take the $1.7-billion ...

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Cadence shareholders must weigh claims merger information

Investor suit alleges merger terms designed to benefit Cadence execs, board more than shareholders Cadence Bank shareholders have until Dec. 9 to dissect terms of a pending acquisition of the regional bank and gauge claims in an investor lawsuit that the deal is tilted to benefit Cadence executives and board members at their expense. Shareholders are scheduled to vote Dec. ...

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Coalition: No public money for casino

Group says Mississippi Band of Choctaw Indians must pay for infrastructure improvements The Coalition for Family and Community Values in Jones County has opposed from the beginning plans by the Mississippi Band of Choctaw Indians to build a slot-machine casino in Sandersville. With that battle seemingly lost — the MBCI is expected to open the casino in mid-December — the ...

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Market has landlords coveting their neighbor’s retail tenant

Recession and over-supply of space intensifies competition for tenants. In the give-and-take of retail space leasing in metro Jackson, today’s tenant takes and the landlord gives. With too many buildings either entirely empty or half empty, landlords are making deals they hope they don’t live to regret. And they are happy to take from their neighbors, knowing their neighbors won’t hesitate ...

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New wave of retailers look to Jackson market

National retailers wagering they can lure Jackson shoppers to new and backfilled stores in Metro The recession’s retail casualties have left behind a lot of empty buildings around the country, giving surviving retailers a wide choice of vacant space. Considering what’s out there, it shows confidence in metro Jackson’s upside that the nationals are betting on the area by building ...

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Basu: Key is ‘stimulus, stimulus, stimulus’

With 2011 less than 60 days away, Mississippi’s builders and contractors must get accustomed to a less-than-inspiring prediction for next year’s business climate: ”Less worse but certainly not terrific.” “Less worse” came as close to actual encouragement as economist Anirban Basu could get in a presentation to several hundred members of the Mississippi Associated Builders and Contractors gathered at the ...

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