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Tag Archives: Arkansas

Walton Family Foundation gives $50M to Teach for America


BENTONVILLE, Ark. — The Walton Family Foundation says it will donate $50 million over three years to Teach for America to support 4,000 new teachers nationwide. Teach for America, which is celebrating its 25th anniversary, recruits college graduates to teach for two years in schools in high-poverty areas. The foundation, which was created by Wal-Mart’s founders, says the grant will ...

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Mississippi in multi-state probe of VW’s bogus emissions tests

FILE - This Oct. 5, 2015 file photo shows the Volkswagen logo at the building of a company retailer in Berlin, Germany. Volkswagen almost inevitably will have to compensate owners of diesel cars equipped with emissions-rigging software. Some legal experts say the automaker could be forced to buy back the cars altogether. (AP Photo/Markus Schreiber, File)

By TED CARTER Mississippi has joined more than two dozen other states in investigating whether German car manufacturer Volkswagen used deceptive trade practices to convince consumers that their cars were environmentally friendly, when they weren’t. Attorney General Jim Hood’s office declined to say whether Mississippi joined the multi-state investigation. The office said only that “the nature of this investigation has been ...

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Steel maker John Correnti dies in Chicago at 68


By JACK WEATHERLY  John Correnti, a pioneer in steel making who left a significant mark on Mississippi, has died at 68, according to published reports. Correnti, who was in Chicago for a meeting of the board for Navistar International Corp., was found  dead in his hotel room Tuesday apparently from natural causes, the reports say. He was lead investor and mastermind ...

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PSC: Entergy membership saves $48 million for ratepayers


Entergy Mississippi customers saved an estimated $48 million during the first year of the utility’s  membership in MISO, a regional transmission organization formally known as the Midcontinent Independent System Operator Inc., according to a release from the Mississippi Public Service Commission. That amounts to a savings of approximately 3 percent, or about $3.50 on the typical residential customer’s monthly bill, ...

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Regions only one of several lenders in trouble over overdraft fees


By TED CARTER  Regions Bank is paying tens of millions in reimbursements and a fine of $7.5 million after its executives ignored a warning two years ago that its overdraft practices could be illegal. The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act brought new scrutiny to bank overdraft practices across the country. Until the federal law ordered banks ...

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JACK WEATHERLY: Economic development in these parts is a ‘family’ business

It’s all in the family when it comes to economic development in the South, if things in these parts are any indication. And I suspect they are. The recent announcement that Mississippi’s top economic development official, Brent Christensen, is leaving for a similar post in Greensboro, N.C., brings this to mind. That, and in Arkansas, a new governor, Republican Asa ...

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New power grid manager poised to open

LITTLE ROCK — A nonprofit company that manages the power grid from the Gulf Coast to Manitoba unveiled a new operations center in Arkansas on Tuesday, saying it moved to the state because it’s not prone to hurricanes and has an increasingly talented workforce. The Midcontinent Independent System Operator control room will manage power production and transmission in parts of ...

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Grain scandal takes its toll on Delta farmers

By JACK WEATHERLY  Harper Ross will not be planting this year for the first time in 24 years, he says, because of the losses he suffered at the hands of an Arkansas-based grain dealer. Ross sold off most of his 6,000 acres in Leland after he and five other Mississippi farmers lost $1.8 million on corn they sold last year ...

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Yes, this little critter can … BEAT YOUR ASH

By LYNN LOFTON It’s very clear that the Emerald Ash Borer beetle is not welcome in Mississippi even though it has made its way to surrounding states. The Mississippi Forestry Commission is leading the fight to keep this non-native invasive pest out of the Magnolia State. Originally found in Asia and parts of Russia, the tiny insect arrived in America ...

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Justices must act fast if gay marriage to be settled in June

WASHINGTON — Time is running short for the Supreme Court to get same-sex marriage on its calendar if the justices want to tackle the issue before their current term ends in late June. They might have to decide to jump in at their closed-door conference Friday if they want to resolve the legal debate over gay marriage in the next ...

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