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Distress sales continue to drag down Mississippi’s average home sale price

JACKSON, Mississippi — Mississippi’s October home prices climbed only 1.9 percent over October 2012. But once distressed sales are removed from the calculation, the state’s average home price climbs by 6 percent over the previous October, says CoreLogic, A California-based residential property information, analytics and services provider. CoreLogic’s statewide totals that include short-sales and foreclosure sales are slightly more favorable ...

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Pass Christian Olive Oils and Vinegars has taken off

A Minnesota couple with Coast ties is opening a gourmet olive oil and vinegar shop in Pass Christian just like the successful one they opened a year ago in Northfield, Minn. After Sherry and Joe Morgan opened Northfield Olive Oils and Vinegars in Sherry’s home state, both have left their careers — she in banking, he in engineering — to ...

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Balch & Bingham beefs up to add new law practice areas

Birmingham-based law firm Balch & Bingham has added 13 associates to its roster of more than 250 attorneys and lobbyists in the Southeast and Washington, D.C., including additional attorneys in the Jackson and Gulfport offices. Alan Rogers, managing partner of the 91-year-old firm, said the staffing increase is part of a move to establish several new practice areas. “Most recently, ...

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Chaney obliging Bryant on probe of BCBS provider adequacy

With a U.S. District judge having invalidated his executive order, Gov. Phil Bryant says he will no longer seek to force Blue Cross and Blue Shield of Mississippi to re-instate in-network status to policyholders who use the services of the 10 Mississippi hospitals owned by Health Management Associates. But the governor still wants to get to the bottom of whether ...

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Gov. Phil Bryant proclaims November as Innovation Month

JACKSON, Mississippi — While speaking today to nearly 2,000 business leaders from around the state at the Mississippi Economic Council’s annual Hobnob event, Gov. Phil Bryant proclaimed November as Innovation Month in Mississippi. “Mississippi’s economy grew by 2.4 percent in 2012, marking the first time the state’s economy surpassed $100 billion,” Bryant said. “This growth would not be possible without ...

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HMA pleased with Blue Cross reinstatement of 4 hospitals but bemoans continued 'squeeze'

Health Management Associates executives Tuesday welcomed Blue Cross & Blue Shield of Mississippi’s offer to reinstate in-network provider status to four HMA hospitals but say the contractual impasse still leaves some Mississippi communities facing a medical provider crisis. Late Monday afternoon, Blue Cross & Blue Shield of Mississippi gave notice it is willing to reinstate network provider status starting Tuesday ...

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Time running out for Obamacare exchange fixes

Autumn coolness may have arrived in Washington D.C. but the heat is on big time for the U.S. Department of Health & Human Services to fix the many, many bugs in the new Affordable Care Act insurance exchanges, Time magazine reports. They have one month. If the officials running the new Affordable Care Act insurance exchanges cannot fix crippling computer ...

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Event looks to put businesses in vacant downtown buildings

Two economic development organizations and a public university have teamed up for an event aimed at matching businesses with available sites in Natchez. On Nov. 9, “Possibilities Tour: Turning Deserted Spaces into Dynamic Places” will be held from 2 p.m.-5 p.m. in downtown Natchez, and will showcase 12 vacant buildings on Main and Franklin streets that are available for sale ...

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Mississippi beats all neighbors except Tennessee on Business Climate Index

Mississippi ranks 17th in the Tax Foundation’s State Business Tax Climate Index ahead of all other Southeastern states other than Florida (5) and Tennessee (15). Mississippi carried the same ranking last year and had an 18th ranking in 2011. The Index compares the states in five areas of taxation that affect business: corporate taxes, individual income taxes, sales taxes, unemployment ...

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