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Tag Archives: Business

Stocks tick higher, S&P 500 flirts with record

Stock indexes ticked higher on Wednesday, and the Standard & Poor’s 500 index flirted with its record high, as the White House unveiled a broad outline of its plan to cut tax rates. The market has sprinted higher since November, due in large part to expectations that lower taxes and looser regulations for businesses are on the way. White House ...

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BOBBY HARRISON: What happened to pre-special session transportation discussions?

It has been about a month since the 2017 legislative session ended, yet, at least in public there has been no discussions between the House and Senate leadership on how to deal with the state’s crumbling infrastructure. During the final days of the 2017 session, which ended March 29, the House members, prompted by their leadership, killed the budget bills ...

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City accuses company of committing trademark infringement

A judge has issued a temporary restraining order against a T-shirt company ordering owners to halt the sale of merchandise advertising the Double Decker Arts Festival. News outlets report a Chancery Court judge issued the order Tuesday. The request claims the Oxford T-Shirt Co. has committed trademark infringement by selling Double Decker items. The order states it was granted to ...

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Mississippi governor sets special session to start June 5

Republican Gov. Phil Bryant is calling Mississippi legislators back to the Capitol for a special session starting June 5. He is asking them to set the final pieces of the state budget for the year that begins July 1. Legislators ended their three-month regular session in late March without passing budgets for the attorney general’s office or the Department of ...

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Healthy profits push stocks higher yet; Nasdaq crosses 6,000

Profits are climbing for companies, and so are their stock prices. More big businesses joined the earnings parade Tuesday, saying their profits were even larger in the first three months of the year than analysts were expecting, including Caterpillar and McDonald’s. The encouraging reports pushed U.S. indexes to their second straight day of big gains, placing them either close to ...

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B&D Plastics expands on Mississippi Gulf Coast, creating 35 jobs

Demonstrating Mississippi is a place where companies can achieve sustainable growth and success, B&D Plastics, LLC is expanding in Gautier, Miss., on the Gulf Coast. The expansion is a $750,000 corporate investment and creates 35 jobs. “For more than 30 years, B&D Plastics has been a valued member of the Gulf Coast business community. The company’s expansion shows its commitment ...

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NASA eyes Stennis Space Center for fusion reactor engines, extraterrestrial drilling, other far-out technologies

NASA has selected 399 research and technology proposals from 277 American small businesses and 44 research institutions that will enable NASA’s future missions into deep space, and advancements in aviation and science, while also benefiting the U.S. economy. The awards have a total value of approximately $49.9 million. These include 13 projects tied to Stennis Space Center. The agency received 1,621 proposals in response ...

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CECIL BROWN — Subpar schools will continue to produce subpar results

More than 90 percent of all Mississippi kids attend public schools. That means that 90 percent of the state’s workforce, voters, parents, and leaders come from public schools. More than 60,000 teachers and support staff work in Mississippi’s public schools, and Mississippi state government spends more than $2 billion a year on public education. In addition, local taxpayers spend untold millions more. Is it ...

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Audit: Weak accounting let Mississippi misspend federal cash

Auditors say accounting weaknesses at the Mississippi Department of Education allowed an employee to improperly divert millions of federal dollars, causing the state to slash after-school grants to repay the misspent money. Bill Early, a partner with accounting firm Clifton Larsen Allen, presented the results to the Board of Education Thursday, but copies of the twoaudits weren’t released until Friday. They flagged ...

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Another Mississippi city lowers Confederate-themed flag

A city that relies heavily on tourism is joining several other local governments in abandoning the Mississippi flag because it contains the Confederate battle emblem. Biloxi Mayor Andrew “FoFo” Gillich has ordered the state flag pulled from display at all municipal buildings. City spokesman Vincent Creel said Monday that Gillich believes removing the flag will help the city’s 5.7 million ...

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