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UPDATED: Brandon’s Thrash mulls accepting $33.4 million contract to build state's museums

JACKSON, Mississippi — Brandon’s Thrash Commercial Contractors Inc. has snagged the contract to build the first phase of the Mississippi History Museum and Civil Rights Museum. Thrash, a longtime Central Mississippi construction contracting company that switched exclusively to commercial building in 2000, won the contract with an apparent low bid of $33.4 million. Thrash was among six companies to submit ...

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Federal shutdown could erase nearly 1 in 5 Mississippi paychecks

JACKSON, Mississippi – The state’s Gross Domestic Product could sustain a severe blow should the federal government shutdown go on for an extended time. Paychecks earned by federal workers made up 18.1 percent of Mississippi’s GDP in 2012, accordiong to the Bureau of Labor Statistics. The Magnolia State also has the fourth highest percentage – 22.1 percent – of federal ...

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Event to look at tomorrow's Oxford

An economic development organization is putting the future of its community on the front burner today. On Oct. 15, the Oxford Lafayette County Economic Development Foundation will host an event that will examine the future of Oxford in the arena of entrepreneurship and technology growth. The event, hosted by the EDF’s Entrepreneurial Alliance and Innovate Mississippi, will be held in ...

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‘NO FEAR’ — Rainbow Co-op says it is prepared for the arrival of Whole Foods

By Becky Gillette   The Rainbow Natural Grocery Cooperative located on Old Canton Road has been a mainstay for shoppers interested in organic and natural foods since 1980. Soon it will be facing competition from one of the biggest natural food chains in the country, Whole Foods, which is building a 30,000-square-foot store in Highland Village. But the Rainbow Co-op ...

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Business league busy in Madison County — Organization plays vital role supporting economic growth

By Lynn Lofton The Madison County Business League has been a busy group since it was created in 2008 and has grown to 135 members. A privately funded 501(c)(6) non-profit economic development stakeholder and support organization, it plays a vital role in this rapidly growing metro county. “The MCBL provides the Madison County Economic Development Authority with support to fuel ...

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Hiring increasing — ever so slightly

» Mississippi agencies see more professional, clerical type jobs available By Lisa Monti  Employment agencies across Mississippi say they are getting mixed messages about the economic recovery in the state based on their own track record of supplying staff to a variety of employers. But they do see slight improvement and are hopeful for better days ahead. Katie McMillan, the ...

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Coast has wave of worries as federally subsidized flood insurance nears end

Just as hurricanes Camille and Katrina altered where people built houses and businesses on the Mississippi coast, the Biggert-Waters Flood Insurance Reform Act of 2012 promises to significantly change the makeup of home and business ownership along the state’s 45-mile expanse below Interstate 10. The state felt some of the first effects in July 2012 when new property owners in ...

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Dress for Success presents red carpet evening Oct. 3

The metro Jackson chapter of Dress for Success Worldwide will present its “Little Black Dress with a Tie” gala and silence auction at 6 p.m. Oct. 3 at the Mississippi Museum of Art and Art Garden, 380 Lamar St., Jackson. The fall event is a key fundraiser for Dress for Success Metro Jackson, the state affiliate of Dress for Success ...

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SBA appoints Lance Foster to head Gulfport branch

GULFPORT, Mississippi — Lance P. Foster, economic development specialist in the Small Business Administration’s Gulfport Office, has been named manager of the SBA’s Gulfport branch. Foster will handle distribution and promotion of the agency’s economic development programs and counseling services to Mississippi’s 12 most southern counties. He has been with the SBA since March 2006, formally holding the titles of ...

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Retailers win big as court declares 21-cent swipe fee cap too high

The Federal Reserve’s Board of Governors erred in letting swipe fees that banks charge retailers for each debit card transaction go as high as 21 cents a transaction, a federal court ruled Wednesday. The ruling by the U.S. District Court in Washington drew the predicable applause from groups such as the National Retail Federation and scorn from the likes of ...

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