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MBJ FEATURE

Banking on the Medical Mall district

Liberty Bank chooses blighted are to make biggest impact   Once thought by many lost to the scourges of crime and poverty, the Jackson Medical Mall district is seeing signs of a transformation. One of the major players in the area’s resurgence is Liberty Bank and Trust Company, the state’s only African American-owned bank and the third-largest minority financial institution ...

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Insurance clouds gathering

Wind pool or mitigation are the two issues that have folks up in arms There’s a political storm brewing over the state’s obligation to the wind pool. The Mississippi Windstorm Underwriters Association, commonly called the wind pool, is a fund created after Hurricane Katrina to help homeowners on the Mississippi Gulf Coast procure homeowners insurance. Since fiscal year 2007, the ...

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CAMPUS ALMOST READY

Work on Tulane’s Madison campus on track Since last summer when New Orleans-based Tulane University announced that it was locating a satellite campus in the City of Madison, the university and the city have been working quickly to renovate the former elementary school that will be Tulane-Madison’s home by this summer. It appears that work is going to meet that ...

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Crossing the line

Controversial Gulf Coast CC-University of South Alabama deal gets personal A proposal to have an out-of state institution of higher learning offer classes on a Mississippi campus has a community college president questioning a state senator’s ethics, that senator maintaining that he is only doing his job and two high-ranking state officials wondering how that got drug into a controversy that ...

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Entergy to raise patrons’ light bills

Increase to begin during the summer The Mississippi Public Service Commission voted this month for an administrative change, which will add at least $10 million to Entergy Mississippi’s customers’ rates. The increase will be collected during the course of a year, beginning this summer. Entergy Mississippi serves approximately 433,000 people in 45 counties in southwestern Mississippi. Commissioner and chairman Brandon Presley ...

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Handing over the project

Despite rough economy, David Watkins believes Riverwalk could become a reality In December, Jackson developer David Watkins unveiled plans for Riverwalk and Town Lake, an ambitious project that would feature a mile-long, concrete-lined canal that starts at Farish Street and ends at Court Street, where it would empty into a 35-acre lake that connected to the Pearl River. Watkins, who ...

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Lantern Medical Clinic expects summer opening

Mission for facility is ‘providing medical care to qualified working, uninsured individuals and families’ Mississippi’s working uninsured will be getting a break on healthcare, thanks to a new non-profit medical clinic to open in Pearl by this summer. The clinic is in need of more volunteer physicians before opening. Lantern’s mission, according to its web site, lanternclinic.org, is “an after-hours clinic ...

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Is it safe to look at your 401k?

Since stocks hit bottom a year ago, the red ink is finally fading on the typical 401(k) account. It is safe to look at your statement again. Balances for baby boomers who have worked 10 to 20 years at the same company are now down less than 3 percent on average, compared with pre-crash levels. That’s a huge turnaround from ...

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Monsanto to open corn breeding center in Flora

Developers recently broke ground on a 26,100-square-foot corn seed research facility for Monsanto Company in the Flora Industrial Park. Delivery of the facility is planned for late 2010. Monsanto already has research sites in Mississippi in Scott, Leland and Winterville that are dedicated to developing cotton and soybean varieties. The new Flora site will complement Monsanto’s global breeding program, joining ...

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Fans fading?

Braves: Franchise not in trouble after 3 consecutive seasons of declining attendance Six years ago, the Jackson metropolitan area was ripe for minor league baseball. After all, the city had played host and supported two Double A Texas League franchises, the Mets and the Generals, from 1975 until 1999, when the Gens vacated venerable Smith-Wills Stadium for nicer digs in ...

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