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Tag Archives: Alabama

Jackson area housing prices up nearly 4 percent

In Jackson, home prices, including distressed sales, increased by 3.8 percent in February 2013 compared to February 2012. On a month-over-month basis, home prices, including distressed sales, decreased by 1.2 percent in February 2013 compared to January 2013. Excluding distressed sales, year-over-year prices increased by 6.2 percent in February 2013 compared to February 2012. On a month-over-month basis, excluding distressed ...

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James Rollins new CEO at BancorpSouth

TUPELO — James D. Rollins III has been named chief executive officer of BancorpSouth Inc., a financial holding company headquartered in Tupelo. Rollins will succeed Aubrey B. Patterson, BancorpSouth’s current CEO, on Tuesday. The 53-year-old Rollins has served as president and chief operating officer at Prosperity Bancshares, Inc., headquartered in Houston, Texas, since April 2006. Rollins served as senior vice ...

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Study: Dispersants may have hurt Gulf food chain

A study on possible effects of the 2010 BP oil spill indicates dispersants may have killed plankton — some of the ocean’s tiniest plants and creatures — and disrupted the food chain in the Gulf of Mexico, one of the nation’s richest seafood grounds. Scientists who read the study said it points toward major future effects of the spill. One ...

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Hispanic homebuyers: A wave to lift the housing industry?

At a time when the housing industry needs an infusion of hope, the demographic gods are poised to unleash what some realtors, lenders and builders say will be the industry’s salvation: waves of young Hispanic workers and families hungry for houses of their own. For the moment, however, holding back that salvation are such economic factors as tight credit and ...

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BP pays $5.4M to settle gender bias claims

WASHINGTON — Oil giant BP is paying $5.4 million to settle claims that some of its contractors refused to hire women to help clean up the Gulf of Mexico oil spill. The Equal Employment Opportunity Commission says the agreement with BP Exploration & Production Inc. covers female workers in Alabama, Florida, Louisiana, Mississippi and Texas. There has been no official ...

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Getting Bigger by the Day: Cadence continues growth with Fed’s OK of Encore acquisition

Remember Cadence, the little regional bank company in Starkville? It’s all grown up now after last year buying an Alabama regional banking company more than twice its size and continuing its growth spurt with the May 31 Federal Reserve Board of Governors’ approval of the acquisition of Encore Banshares, a $1.6 billion Houston bank. Acquiring Encore is part of a ...

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Upon further review: Mississippi had negative GDP for 2011

Mississippi dipped back into recession in 2011, with overall economic output shrinking 0.8 percent, according to federal figures released Tuesday. The Magnolia State was one of only six states where the economy contracted in 2011, along with Alabama, Hawaii, Maine, New Jersey and Wyoming, the U.S. Bureau of Economic Analysis reported. Senior economist Marianne Hill with the Mississippi Institutes of ...

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Recent trends may threaten coaching diversity in college athletics

By DAVID BRANDT, The Associated Press   College basketball has long been dominated by African-Americans on the court. The same can’t be said for the sidelines. And the numbers of minority coaches aren’t getting much better — they’re stagnant or even declining at the Division I level. George Mason coach Paul Hewitt — who also coached at Georgia Tech for ...

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1 in 2 new graduates are jobless or underemployed

WASHINGTON — The college class of 2012 is in for a rude welcome to the world of work. A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don’t fully use their skills and knowledge. Young adults with bachelor’s degrees are increasingly scraping by in lower-wage jobs — waiter or waitress, ...

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Bryant criminalizes Jackson Women's Health Organization

JACKSON — Mississippi Gov. Phil Bryant on Monday signed a law that will put new regulations on the state’s only abortion clinic, starting July 1. The Republican said he’s not bothered by the possibility that the clinic’s owner will sue to try to block the new mandates. “If it closes that clinic, then so be it,” Bryant said during a ...

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