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Drilling raises some hope for return of Tuscaloosa Marine Shale oil

By JACK WEATHERLY The drilling of a few oil wells in southwest Mississippi and the recovery of the price of crude have awakened hopes, however slight, of a revitalization of the Tuscaloosa Marine Shale “play.” Prices plunged from about $100 in mid-2014 to the low point of around $40 by the end of that year. But the price of West ...

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MATTHEW McLAUGHLIN — Always ask the experts

I was recently listening to a craft brewing industry podcast, and it was about a brewery that had dealt with two significant issues early on in its existence. As I sympathetically listened, the founder of this brewery recanted two excruciating tales of “mistakes” that ended up costing his business and its investors nearly $155,000.  As I listened (and cringed), I could ...

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It’s not REM, but Rusty Healy Agency is working out just fine

By NASH NUNNERY If Rusty Healy had his druthers, he’d be playing his dream gig as lead guitarist for 1980s indie rock band REM. But instead of basking in the afterglow of sold-out arenas and the Rock ‘n’ Roll Hall of Fame, Healy works in the insurance business as the owner of the Rusty Healy Agency in Madison. Channeling his ...

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Entergy Mississippi, Recurrent Energy partner on Sunflower County solar site

The sunlight that fuels cotton, corn and soybean growth in the Mississippi Delta will soon fuel a 100-megawatt solar energy farm. This project will be the largest utility-owned solar farm in the state, pending approval of the Mississippi Public Service Commission. The project will be built by Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) subsidiary Recurrent Energy, LLC (“Recurrent Energy”) ...

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Espy, Hyde-Smith in runoff, Wicker wins other race

A Republican appointed to the U.S. Senate in Mississippi and one of her Democratic challengers will compete in a Nov. 27 runoff. Mississippi voters will either elect a woman to the Senate for the first time ever or will send a black man to the Senate for the first time since Reconstruction. Republican Sen. Cindy Hyde-Smith and Democrat Mike Espy ...

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Mississippi bank to buy Louisiana bank for $86M in stock

A Mississippi bank is buying a Louisiana bank. The First Bancshares Inc. of Hattiesburg announced Tuesday that it’s buying FPB Financial Corp. for $86 million in stock. The Hammond, Louisiana-based company owns Florida Parishes Bank, with $383 million in assets and seven offices in the Hammond and New Orleans areas. The First’s would spread its Louisiana footprint, filling a hole ...

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ANALYSIS: Hood’s downcast pitch clashes with sunny GOP take

At times, it seemed like the politicians addressing the Mississippi Economic Council last Thursday were mainly there to boost or oppose Republican Cindy Hyde-Smith’s bid to retain the U.S. Senate seat to which Gov. Phil Bryant appointed her. Lt. Gov Tate Reeves even made it explicit, saying he wasn’t going to talk about the 2019 state elections, which relieved him ...

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BILL CRAWFORD — Usury proscriptions forgotten in Mississippi

Living in a very Christian state, most Mississippians should remember the biblical proscriptions on usury.   Here’s one: “Thou hast taken usury and increase, and thou hast greedily gained of thy neighbors by extortion, and has forgotten me, saith the Lord God.” (Ezekiel 22:12)   Many Mississippi leaders have forgotten.   Once Mississippi’s maximum annual finance charge was 8%. Anything ...

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Keesler opens on Lake Harbour Drive

MBJ staff Keesler Federal Credit Union has opened a location on Lake Harbour Drive in Ridgeland. The branch is the first of three that will open in the coming months as the credit union expands its footprint to all three counties in the metro Jackson market. The Ridgeland branch is located at 733 Lake Harbour Drive, next to Newk’s restaurant. ...

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