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Tag Archives: Business

Stocks tank as health care bill woes challenge Trump agenda

U.S. stocks are falling as the struggling Republican health care bill again dominates investors’ attention. House Republicans say the proposal doesn’t have enough support to pass in a vote this afternoon. That’s casting some doubt on President Donald Trump’s business-friendly agenda and stocks are on track for their biggest weekly loss since the presidential election. KEEPING SCORE: The Standard & ...

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US stocks little changed as health care debate continues

U.S. stocks are treading water Thursday morning as investors wait for news about the fate of the Republican-backed health care bill, a centerpiece of President Donald Trump’s business-friendly agenda of cuts to taxes and regulations and greater infrastructure spending. Banks are pulling out of a recent slump as bond yields and interest rates rise while Alphabet, Google’s parent company, leads ...

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MSU summit looks to the future of manufacturing

Mississippi State University’s 7th Annual Manufacturing Summit showcased ways teamwork can help keep Mississippi and the U.S. competitive in the manufacturing industry in the 21st century. Wednesday’s [March 22] summit on “The Future of American Manufacturing” brought together leaders in industry and economic development at MSU’s Franklin Center for Furniture Manufacturing and Management. The event was hosted by MSU’s Franklin ...

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US stock indexes wobble; technology gains but energy slides

U.S. stocks are mixed Wednesday as technology companies rise while energy firms fall with the price of oil. Investors are reacting to another drop in bond yields by selling bank stocks and buying high-dividend utility companies. Major indexes are little changed. More stocks are down than up as the market comes off its biggest loss in five months. KEEPING SCORE: ...

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BOBBY HARRISON: MEC has supported tax cuts, tax increases

The highly influential Mississippi Economic Council is touting a House proposal that will take about $50 million out of the state general fund at a time when state tax collections are declining and multiple state agencies are facing cuts and layoffs. MEC believes that money should be diverted from the general fund to a program to improve what the business ...

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Casino revenue falls sharply across Mississippi in February

Gamblers stayed away from Mississippi casinos in February, sending revenue tumbling 10 percent compared with the same month in 2016. State Revenue Department figures show gamblers lost $172 million last month, compared to $190 million in February 2016. The 12 coastal casinos posted revenue of $95 million, down 9 percent from $105 million in February 2016. It was the second-sharpest ...

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KeyTronicEMS expanding in Corinth

  Electronic manufacturing service provider KeyTronicEMS is expanding in Corinth, investing $500,000 and creating 75 full-time jobs. “KeyTronicEMS’s expansion demonstrates the company’s commitment to Corinth and Alcorn County,” Gov. Phil Bryant said. “I appreciate the company for helping us show the world Mississippi is a place where companies can compete successfully and enjoy long-term, sustainable growth.” KeyTronicEMS specializes in printed ...

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Biloxi casino employee accused of stealing from slot machine

An employee at a Biloxi casino has been accused of stealing from a slot machine. The Sun Herald reports that the state Gaming Commission says 38-year-old Gary Landon Davison, of Brooklyn, Mississippi, was arrested Saturday and charged with theft from a slot machine. Brooklyn is south of Hattiesburg. Davis worked as a slot technician at Beau Rivage Resort & Casino. ...

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Jon Meacham to give commencement address at Ole Miss

School officials say Pulitzer Prize-winning author and presidential historian Jon Meacham will give the spring commencement address at the University of Mississippi. The university said in a statement that Meacham will speak to graduates and their families at 9 a.m. on May 13 in the Grove on the Oxford campus. Meacham is a former editor of Newsweek and a contributor ...

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Global stocks mostly higher as oil recovers

Global stocks mostly rose and the dollar weakened on Tuesday as crude oil prices recovered following recent heavy losses. KEEPING SCORE: France’s CAC 40 added 0.4 percent to 5,033 and Germany’s DAX gained 0.1 percent to 12,068. Britain’s FTSE 100 edged 0.1 percent lower to 7,422. U.S. shares were set to advance with Dow futures trading up 0.1 percent and ...

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