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Tag Archives: Business

MSU to lead major drone research project for US government

Mississippi State University officials say the school will lead a major research and development project involving drones. School officials say the U.S. Department of Homeland Security selected Mississippi as the new base of operations for small unmanned aircraft systems (sUAS), commonly known as drones. The proposal was developed by the Mississippi Partnership, led by MSU. School officials say the new ...

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Mississippi with the lowest gas prices in America, again

The average price of a gallon of regular-grade gasoline jumped 3 cents nationally over the past two weeks, to $2.46. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that consumers could see price increases slow as crude oil costs drop. The national average is 28 cents per gallon above the price a year ago. Gas in San Francisco ...

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ANALYSIS: Report says Mississippi pension funding too low

A new report says that even if Mississippi’s public employee pension system was meeting investment assumptions, governments still aren’t putting away enough money to whittle down debt from previous pension underfunding. The study, released last week by the Pew Charitable Trusts, raises questions about the long-term course of the Public Employees Retirement System, though the system has enough money to pay years’ ...

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US stocks follow global markets higher after French election

U.S. stocks joined a worldwide rally Monday morning after election results in France over the weekend raised expectations that the European Union and euro currency will remain intact. A candidate seen as pro-business won the most votes in Sunday’s vote, and many investors expect him to win a runoff election against the remaining anti-EU candidate, which is set for May ...

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BILL CRAWFORD: A Peek behind Legislative leaders’ spending rhetoric

Lt. Gov. Tate Reeves and House Speaker Philip Gunn are touting their great success this year in holding down the cost of government.    “We Republicans have campaigned for many, many years that we are for living within our means, we are for controlling spending, we are for reducing the size of government,” Gunn told reporters according to the Associated ...

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Mississippi jobless rate falls to lowest level since 1976

Mississippi unemployment fell to 5 percent in March, tying the lowest level since the current survey began in 1976. That’s down from 5.2 percent in February and 6 percent a year ago. It’s the 10th month Mississippi has dipped to 5 percent, including six months in 1999 and three in 2000. Some earlier surveys show Mississippi had lower jobless rates ...

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Camp Shelby at 100 still packs a wallop for defense and the economy

By BECKY GILLETTE Each year more than twice the number of members of the military train at Camp Shelby than there are residents of Hattiesburg, population 47,566. About 125,000 people train annually there, with about 60 percent coming from the National Guard, and the remainder from the active military services including the Army, Navy, Marines and Coast Guard. That pumps ...

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Spreading fake news can result in fraud charges, SEC says

By BECKY GILLETTE On April 10 the Securities Exchange Commission  issued warnings for investors to be aware of fake news designed to drive up a company’s stock price. “When you read an article on an investment research website, be aware that the article may not be objective and independent,” the SEC said in an alert to investors. “For example, the ...

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State bankers say Trump effect is positive

By CALLIE DANIELS BRYANT Some Mississippi bankers are confident the Trump administration will have a much-needed impact on public banks.  Several have already witnessed a rise in stocks since election day. “The effect (of the new presidential administration) has been extremely positive,” said Hoppy Cole, president and CEO of The First, a national banking association. “We are a publicly-traded company, ...

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Oxford-based company starts graphene association

By JACK WEATHERLY Graphene is the strongest and thinnest material in the world, and an Oxford-based company, New Media Lab LLC, aims to promote its commercial applications by forming the National Graphene Association (NGA). Graphene will eventually find its way into almost every field and will affect many facets of human life, including energy storage, electronics, smart textiles, sensors, medical ...

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