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STEAK WARS — Koestler Prime strikes first

An hour after the city of Ridgeland issued its last permit to the restaurant mid-afternoon last Thursday, Scott and Julie Koestler decided – what the heck – let’s open tonight. And so they did. Julie posted it on Facebook. But it was not like there was  a complete  surprise to the opening of Koestler Prime in Renaissance at Colony Park. ...

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ALAN TURNER — Adding up the benefits of healthy workplaces

There are many reasons why employers should adopt and support workplace wellness programs for their employees, but for our purposes, let’s consider just two of these. First, workplace wellness programs make major contributions to the health and happiness of employees and their families, and in many cases, have actually saved lives. More on this later in this article. Second, workplace ...

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THE PARTNERSHIP LAWYER — New IRC Sec. 1061 three year holding period requirement

The new tax cut and Jobs Act adds section 1061 to the Code, addressing the taxation of “applicable partnership interests.” Under the provision, if one or more “applicable partnership interests” were held by a taxpayer at any time during the tax year, some portion of the taxpayer’s long-term capital gain with respect to those interests may be treated as short ...

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Analysis: Even modest revenue growth good news for lawmakers

End-of-the year revenue collections suggest Mississippi’s lawmakers could have a little extra money to spend when they return for their election-year session in January 2019. Preliminary numbers released by the Legislative Budget Office show that thanks to strong May and June collections, the state’s General Fund ended $88 million over the level that budget writers had estimated back in the ...

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BILL CRAWFORD — Is government the problem or part of the answer to rural poverty?

Rural poverty skyrockets as jobs move away,” read a headline on TheHill.com.  “The number of rural Americans living in poverty has skyrocketed in recent years amidst an economic evolution that has cost hundreds of thousands of manufacturing and mining jobs.”    The problem is twofold, the article says – key employers in rural areas have shut down or moved away and educated ...

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MATTHEW McLAUGHLIN — The manufacturing of today

The United States and other world economies have experienced a profound shift over the last century and a half, transitioning from agrarian based economies in the mid-1800s to highly industrialized economies in the latter part of the 1880s and into the early 1900s. For the first half of the Twentieth Century, United States manufacturing dominated the world.  It was United ...

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PHIL HARDWICK — Megatrends in business, Part 2

In Part I we looked at how John Naisbitt’s predictions in his 1982 book, “Megatrends,” had played out in Jackson, Mississippi. In this column we will look at his 10 predictions in the context of the broader society. Each prediction or forecast or direction, whichever you like to label them, is listed followed by a brief commentary on what happened. ...

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Analysis: Sherman backs Democrats after pain of Senate loss

Howard Sherman was already wondering why Mississippi Democrats seemed so unreceptive to his message before his runoff loss Tuesday. “I’m battling ‘What’s the point?’ a lot,” Sherman told The Associated Press six days before state House minority leader David Baria beat him soundly for the Democratic nomination for U.S. Senate. “There seems to be a very entrenched interest in not ...

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