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Tag Archives: Business

Mississippi economic performance ‘lackluster,’ expert says

An expert is telling state budget writers that Mississippi has had “lackluster” economic performance since the Great Recession. State economist Darrin Webb also says he expects continued slow growth, partly because Mississippi has a large number of people of working age who don’t have jobs. Webb spoke Thursday to members of the Joint Legislative Budget Committee, who started two days ...

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Metro economic growth in Mississippi lags the nation in 2016

Economic growth in Mississippi’s three metropolitan areas lagged the national average in 2016. Numbers released Wednesday by the U.S. Commerce Department show the economy shrank slightly in the Gulfport-Biloxi-Pascagoula metro area, while it was flat in metro Jackson and grew in Hattiesburg. The Mississippi Gulf Coast economy shrank 0.5 percent, 295th of 382 metro areas. Driving declines were professional business services, ...

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Medicaid plans to go forward with contracts after no action by review panel

By BOBBY HARRISON / Daily Journal  Members of the state Personal Service Contract Review Board refused to adopt its own staff recommendations to approve contracts totaling about $2 billion annually awarded by the Division of Medicaid to three managed care companies. But the five-member board also refused during Tuesday’s hearing to reject the contracts, meaning Medicaid has the option of ...

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Mississippi legislators conducting budget hearings this week

Lawmakers are starting to work on a Mississippi budget for the year that begins July 1. The Joint Legislative Budget Committee meets Thursday and Friday in Jackson. Members will hear funding requests from the Department of Education, the Division of Medicaid and a few other agencies. Legislators used to hold extensive budget hearings throughout September to hear from large and small departments. ...

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Global automotive supplier BorgWarner expanding in Water Valley

BorgWarner, a global leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles, is expanding in Water Valley. The $20 million corporate investment is expected to create approximately 75 jobs over the next two years. BorgWarner’s expansion will help meet growing demand for advanced transmission technologies, including the award-winning Eco-Launch™ stop/start accumulator and the mini direct-acting variable force solenoid. ...

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BEN WILLIAMS — The U.S. Supreme Court Mississippi flag order that wasn’t

Marshall Ramsey’s September 3 cartoon, depicting Governor Bryant as a Confederate soldier writing home about defending the flag on order of the “Yankee Supreme Court,” is quite clever and well-drawn.  The immensely-talented cartoonist is a credit to the State of Mississippi.  This particular cartoon, however, may perpetuate recent indistinct and misleading news reports.  Counter to published reports in various news ...

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State to collect taxes on online lodging rentals

By BOBBY HARRISON / Daily Journal  The Mississippi Department of Revenue will begin collecting Mississippi sales taxes and local tourism taxes on short-term lodging rentals made through such companies as Airbnb. Kathy Waterbury a spokeswoman for the Department of Revenue, confirmed Monday via email that a new regulation, which will be final Sept. 28, will tax short-term lodging rentals, such ...

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Mississippi port sues contractor for $5.8M

The Mississippi State Port Authority at Gulfport is suing one of its contractors over a construction contract that’s more than 1 ½ years behind schedule. The Sun Herald reports the suit filed Sept. 13 says Southern Industrial Contractors of Rayville, Louisiana, breached a $50 million contract to build terminals and transit warehouses for port tenants. It says SIC damaged port property and ...

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53 percent of aspiring lawyers pass recent Mississippi exam

Just over half the people trying to become lawyers in Mississippi have passed the most recent state test. The Clarion-Ledger reports that 172 people took the Mississippi bar exam in July, and about 53 percent of them passed. The exam was also given in February. Combining the February and July exams, about 45 percent passed. A Mississippi Supreme Court annual report ...

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Ole Miss Rebels could swap black bear mascot for landshark

Years after it traded Colonel Reb for a bear, the University of Mississippi could again change its sidelines sports mascot. Student government President Dion Kevin III announced Monday that students will vote next week on changing from a black bear to a “landshark” in a campuswide election. University spokesman Ryan Whittington said the vote would be advisory and would not ...

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