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Tag Archives: Business

January river flooding has impacts on state

The Mississippi River set flood records in January at Greenville and points south. The flooded Greenville Yacht Club and a casino in the background are seen in this January 10, 2016 photo. (Submitted Photo by Mississippi Levee Board)

GREENVILLE — Mississippi River flooding in January set all-time records, but dropping water levels may mean the river will have enough capacity to accept typical spring rains without triggering atypical flooding. Peter Nimrod, chief engineer with the Mississippi Levee Board in Greenville, said the Greenville January gauge reading of 56.2 feet set a record. The normal depth for that month is about ...

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Lonely Planet names Natchez as the No. 2 destination in America

Natchezms1

Lonely Planet says, in America, only Philadelphia is a better place to visit than Natchez. The company known for its travel guides says in its Tuesday announcement that Natchez, at the beginning of the Natchez Trace parkway “is the state’s cycling and recreational jewel.” Some 668 antebellum homes pepper the oldest civilized settlement on the Mississippi River (beating New Orleans by two years). ...

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Cyberattack disrupts instruction at Oxford School District

cyber-criminal

OXFORD — A cyberattack by an unknown hacker has forced a school district to shut down all of its servers. Multiple news outlets report the Oxford School District was the victim of a crypto-ransomware attack, which began early Sunday morning. The school district said in a news release that ransomware is a type of malware that infects a computer and ...

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The Meridian at Fondren taking reservations for pre-leasing

meridian-wide

The Meridian at Fondren, Metro Jackson’s newest high-end apartment entry, will be ready for its first occupants by June or July and is taking reservations for pre-leasing. Construction began last February on the four-floor 241-unit luxury rental complex on Lakeland Drive across from University of Mississippi Medical Center. The entire project is expected to be completed by Labor Day. Monthly ...

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Stocks fall sharply as banks, tech sectors take a beating

A board above the trading floor of the New York Stock Exchange.

Steep losses in financial, technology and other companies sent U.S. stocks sharply lower in midday trading Monday. The decline followed drops in Europe and set the market on course for its second big loss in a row. Crude oil prices slumped again. KEEPING SCORE: The Dow Jones industrial average fell 308 points, or 1.9 percent, to 15,897 as of 12:25 ...

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Analysis: 2 crowns, 1 gas mask show Mississippi complexity

mary ann mobley

Two of Mary Ann Mobley’s dazzling crowns sat delicately on a shelf. The doe-eyed beauty won the smaller, golden-hued crown as Miss Mississippi 1958 and the larger, platinum-toned one a few months later as Miss America 1959. Next to the crowns, in a temporary display last week at the state Capitol, sat a military-issued gas mask used during the 1962 ...

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BILL CRAWFORD — Reader says sales tax best for funding roads and bridges

transportation

“Sales tax is the only fair tax we have,” wrote a reader. “Can you find out how long it would take for a two percent sales tax increase to fund restoration of our highways and bridges?” Hmmm. Let’s quantify the issue. The MEC/Blueprint Mississippi report entitled “Ramping Up Mississippi’s Economy Through Transportation” identified what’s needed to restore our highways and ...

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Hattiesburg’s Turtle Creek Crossing sells for $48.1 million

shopping center

Stirling Properties of New Orleans has closed on a $48.1 million purchase of Hattiesburg’s Turtle Creek Crossing. Sterling called the acquisition the largest in the history of the 40-year-old commercial real estate company. The 39.9-acre retail center situated on the “going home” side of heavily traveled U.S. Highway 98 covers 295,000 square feet and is across from Turtle Creek Mall. ...

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Stocks edge lower in early trading on Wall Street

A board above the trading floor of the New York Stock Exchange.

NEW YORK — The stock market opened slightly lower after the government reported only modest job growth last month. The Dow Jones industrial average edged down 54 points, or 0.3 percent, to 16,359 as of 9:35 a.m. Eastern time. The Standard & Poor’s 500 index lost 12 points, or 0.7 percent, to 1,902. The Nasdaq composite gave up 36 points, or 0.8 ...

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National Apartment Association rep sees image problem for Ridgeland

The Van Mark Apartments in Ridgeland.

» Ole Miss professor doubts moves against apartments will be seen widely as negative By TED CARTER Ridgeland could be creating an image among commercial investors as a city that changes land-use rules as it goes along, the head lobbyist for the National Apartment Association says. The problem rests with the Ridgeland Board of Aldermen’s decision to apply new and ...

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