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Tag Archives: Business

Banks tumble with interest rates, leading a US stock slide

stock market pricing abstract

U.S. stocks are slumping Monday and banks are taking the biggest losses. Shares of Deutsche Bank hit an all-time low and interest rates are moving lower. Pfizer is pulling drugmakers down after it announced it won’t break up into two companies. KEEPING SCORE: The Dow Jones industrial average lost 153 points, or 0.8 percent, to 18,107 as of 3:15 p.m. ...

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Polo Custom Products expanding in Louisville, creating 30 Jobs


Polo Custom Products is expanding operations in Louisville, investing $150,000 and creating 30 jobs. Polo Custom Products’ Louisville manufacturing facility specializes in custom sewing, film and fabric welding and custom fabric and foam thermoformed products. The company’s expansion will accommodate the addition of new business contracts, as well as growth with several of their long-term customers. “We are pleased to have ...

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Analysis: As prison closes, state still reckons with debt


If you’ve got to keep paying for something, you might as well use it. That, more than anything, might be the logic behind the announcement from Mississippi Corrections Commissioner Marshall Fisher last week that the state prison system intends to seek new uses for the recently closed Walnut Grove Correctional Facility. Fisher said last week saying the department is considering ...

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Ohio shopping center company buys Lakeland Commons

Ohio shopping center company buys Lakeland Commons

  By TED CARTER A Beachwood, Ohio shopping center company is the new owner of Lakeland Commons, a 460,000 square-foot retail center situated in the heart of Flowood’s thriving retail market along Lakeland Drive. The acquisition is the first in Mississippi for Chase Properties Ltd., which has retail centers in the Midwest, and the Southern and Eastern United States. The ...

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BILL CRAWFORD — Mississippi needs more private sector jobs to get off bottom


For decades the U.S. Census Bureau has published data on income and poverty. Related news stories have consistently focused on Mississippi’s humble rankings. Just released statistics show Mississippi continues to be the poorest state with the highest poverty rate.   When stories about this hit the media, Gov. Phil Bryant’s director of communications, Clay Chandler, wrote this in an email ...

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Gulfport meeting unleashes flood of ideas for BP money


Mississippi Lt. Gov. Tate Reeves has held the first of three town hall meetings to talk about how to spend $750 million in Deepwater Horizon oil disaster money. Local media outlets report Reeves got his first answers Thursday in Gulfport when a couple hundred people showed up. Some people made specific requests — money for the Great Southern Golf Club ...

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Natchez accepting applications for city’s tourism director


The city of Natchez is looking for a new director of tourism and the Convention and Visitors Bureau. The Natchez Democrat reports applications are due to the city’s personnel office by Oct. 14. The director will take the position left vacant after former director Kevin Kirby was terminated in April following ongoing personnel issues at the city’s Convention and Visitors ...

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#justsayin — Williams digs into candidates’ health records


This cartoon from cartoonist Ford Williams plays on the recent news of the presidential candidates’ health and their release of medical records. Ford is a freshman at the Savannah College of Art & Design (SCAD) in Savannah, Georgia, and a 2016 honors graduate of Jackson Academy where he was named Most Talented and selected to the Hall of Fame.  He ...

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Revolution, resolutions: addressing the Cuban situation


By JACK WEATHERLY  Several measures have been submitted to Congress in the past year that would restore trade with Cuba after 55 years of embargo after Fidel Castro led a communist overthrow of the government. Whichever, if any, that eventually becomes law would have an effect on the Magnolia State. The Mississippi Development Authority has set an Oct. 20 seminar ...

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