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Tag Archives: Business

BOBBY HARRISON: Legislature makes unusual constitutional argument

  Granted, it is an arcane point, but the irony of the argument the legislative leadership – Lt. Gov. Tate Reeves and Speaker Philip Gunn – presented last week to the Mississippi Supreme Court cannot go without notice. For most of this year, the legislative leadership has been arguing against the citizen-sponsored education funding initiative that will be on the ...

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Jackson seeks $15M for 3 main corridors

JACKSON — Jackson is seeking a $15 million federal grant from the U.S. Department of Transportation to improve portions of State Street, Capitol Street and Medgar Evers Boulevard. Robert Lee, the city’s construction and engineering manager, tells The Clarion-Ledger a decision on the application should be known this fall. Lee said if the state receives the grant money, it would ...

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Island View’s $58 million Beach Tower makes its debut

GULFPORT — A $58 million transformation of the beachfront tower at Island View Casino has turned the 18-story building into a hotel and conference center with a South Beach vibe and amenities that make it a luxury beach resort. The Sun Herald reports the new project gets its wow factor from the 405 rooms and suites that all have a ...

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Distressed mortgage borrowers get 6 extra months under new HUD rules

Stack Of Cash

By TED CARTER Homeowners who have fallen significantly behind on their mortgages are getting six additional months to stave off foreclosure, thanks to a new mandate from the U.S. Department of Housing and Urban Development. HUD, in rule changes announced last Friday, is requiring servicers of Federal Housing Administration-backed loans to delay foreclosure for a full year and to evaluate ...

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Sometimes it’s better to receive — U.S. gaining more China jobs than it’s losing

Manufacturing

By TED CARTER The newest assessment of the movement of jobs and investment back to the United States from oversees shows 2014 continued to tilt the jobs competition in the U.S.’s favor. But the United States is still three million to four million jobs short of regaining the number lost since the emergence of Asia, China in particular, as industrial giants. ...

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Bids on reworking Interstate 55 stretch are rejected

By JACK WEATHERLY The Mississippi Department of Transportation has rejected all design-build proposals submitted for the Interstate 55 project that is from the I- 20 interchange and Byram. “After reviewing bids received April 17, it was determined the lowest bid had several major errors and could not be awarded,” MDOT Executive Director Melinda McGrath said Friday in a news release. ...

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MARK BLACKWELL — Retirement planning: It isn’t just financial

Quality of life in retirement is about more than how much money you have saved or how much income you generate.  Those are certainly important factors, but AgeLab, a research program within Massachusetts Institute of Technology to study ageing, has identified additional risks that can also diminish the quality of life for the elderly.  AgeLab asserts that these risks must ...

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COMMERCIAL FINANCE 701: Permanent loans & other oxymora

  A n oxymoron – a clever figure of speech that seemingly contradicts itself – can be pretty amusing.  Jumbo shrimp.  Postal Service. Justice Ginsburg.  Devout atheist.  Unbiased opinion. One of our favorite finance-related oxymora is PERMANENT LOANS.  Our partner Roger Williams leads an active practice group specializing in permanent loans for multifamily properties.  But don’t be duped.  Permanent loans ...

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PHIL HARDWICK’S THE ALIBI, a serial novel: Chapter 1: The Break-in

» Jack Boulder, Mississippi’s premier private investigator, seeks to recover the special Brett Favre MVP exhibit that has been stolen from the Mississippi Sports Hall of Fame & Museum.   By PHIL HARDWICK   Chapter 1: The Break-in Early Saturday Morning, February 28, 2015 The Mississippi Sports Hall of Fame and Museum Jackson, Mississippi At precisely 4:04 A.M. the burglar ...

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Ex-movie maker returns to Jackson with plan for Internet TV network

Bob Schnitzer_feature_rgb

By JACK WEATHERLY  Bob Schnitzer made a thriller film called “The Premonition” in Jackson in the mid-70s. Now he has returned to the capital, the scene of the movie intended to horrify, to set up an Internet streaming network whose intent is to heal. “Holistic” is the term Schnitzer uses for OTV, live and on-demand, which will emphasize “personal growth, ...

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