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Tag Archives: Business

House approves tax, regulation of fantasy sports contests

The Mississippi House has reversed itself and passed a bill to regulate and tax operators of daily fantasy sports contests. House Bill 967 failed Wednesday, but it passed after a second vote Thursday. The bill would set an 8 percent tax and authorize the Mississippi Gaming Commission to regulate fantasy sports contests online or in casinos. Mississippi legalized fantasy sports contests ...

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Bills would empower Mississippi’s legally weak governor

Mississippi lawmakers passed three measures Thursday that could strengthen the traditionally weak powers of the governor. Senate Bill 2567 would allow Gov. Phil Bryant to appoint the director of the Department of Mental Health, who is currently named by a freestanding board, while House Bill 1425would allow the governor to veto any new regulation proposed by some boards. Meanwhile, House members also ...

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1 lottery bill remaining after 2 chances fizzle in House

Lottery supporters in the Mississippi House snatched defeat from the jaws of victory Wednesday, leaving only one bill that could be used to create the statewide game of chance. The defeat happened when House Speaker Philip Gunn, R-Clinton, ruled that a lottery amendment could be considered as part of House Bill 967, a measure to regulate and set a tax ...

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Gov. Bryant flips on trade pact since 2015

By JACK WEATHERLY Gov. Phil Bryant said in a December 2015 interview that he supported the United States joining the Trans-Pacific Partnership. “I hope it’s approved, and I hope that we’re a strong part of it,” Bryant told the Mississippi Business Journal. Yet Bryant, a staunch supporter of Donald J. Trump, who has since been elected president and “vetoed” America’s ...

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Mississippi manufacturer betting on a weaker dollar

By JACK WEATHERLY Wayne Wade has concerns about continuing to do business in Vietnam. But it’s not because President Donald Trump “vetoed” America’s participation in the Trans-Pacific Partnership free trade pact. It’s the strong U.S. dollar, said Wade, president of Bio-Soil Enhancers Inc. of Hattiesburg. Vietnam is the company’s biggest customer. The Southeast Asian country would be one of the ...

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WESLEY McGREW — Exposing the skill gap in information security

Imagine if your business’ attorneys and CPAs had only a week of training in their profession. At the end of that week, they were given the opportunity to take a multiple choice test (for which their training acted as a “cram” session). Like an unqualified lawyer or accountant, an inexperienced, poorly trained, or careless information security professional could cause immeasurable ...

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TODD SMITH — How Super Bowl ads influence purchasing

Finding out which Super Bowl advertisers become the brand to remember were a big part of the fun surrounding the Big Game last Sunday. But do the expensive spots – 5 million for a 30-second ad – leave a lasting impression on consumers and ultimately convince them to buy products? Adweek commissioned Survata to survey 502 consumers ages 18 to ...

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State MBA programs on the rise nationally

By BECKY GILLETTE The Masters of Business Administration  degree program at the University of Mississippi School of Business Administration continues to gain national recognition, most recently ranking 36th among America’s public universities in the Bloomberg Business Week News Service annual rankings of MBA programs in the U.S. This was the third year Ole Miss went up in BBW rankings. Ken ...

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