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Tag Archives: Business

Mississippi unemployment rate dips, but payrolls fall too


JACKSON — Mississippi’s unemployment rate kept falling in August, although payrolls shrank. The jobless rate fell to 6.3 percent from 6.5 percent in July, and was below August 2014’s 7.4 percent rate. The number of unemployed people fell even as the labor force grew, indicating the job market provided more new jobs than there were new job-seekers. Mississippi remained above ...

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MSU scientists boost recreational fishing industry

Charlie Culpepper, a graduate student in the Mississippi State University Forest and Wildlife Research Center, is studying methods to better manage and optimize crappie reproduction. (Photo by MSU Ag Communications/Kat Lawrence)

STARKVILLE — Nature offers a narrow and unpredictable window for breeding fish, and Mississippi State University scientists are studying ways to help hatcheries stock the state’s lakes. What if conditions could be controlled within hatcheries so the intense seasonal workload could be dispersed over time? This ability would be especially beneficial for the popular black, white, and hybrid triploid Magnolia crappie. In ...

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Man who vandalized Ole Miss statue gets 6 months in prison

A former University of Mississippi student who admitted helping place a noose on a statue of a civil rights activist is going to prison. WTVA-TV reports a federal judge Thursday in Oxford sentenced Graeme Phillip Harris to six months in prison beginning Jan. 4, and 12 months’ supervised release. Harris’ lawyer argued he didn’t deserve jail time. Harris pleaded guilty ...

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D’Iberville’s Scarlet Pearl on track for December opening

Contractors work on building the Scarlet Pearl Casino in D'Iberville, Miss., Wednesday Sept. 16, 2015. The casino is on track to open in early December, and will be the first in D'Iberville. (John Fitzhugh/The Sun Herald via AP) LOCAL TELEVISION OUT; MANDATORY CREDIT: MISSISSIPPI PRESS OUT; LOCAL TELEVISION OUT WLOX, LOCAL ONLINE OUT; GULFLIVE.COM OUT

D’IBERVILLE — The city of D’Iberville is working with developers of Scarlet Pearl Casino Resort to get the project open as soon as possible. Hank Rogers, community development director, says the facility should open the first week in December. The Sun Herald reports Rogers told city officials Tuesday the miniature golf course being built as part of the resort, however, many ...

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Mississippi GOP opposes 2 school funding proposals on ballot


Mississippi Republican Party leaders are urging people to vote against both of the education funding proposals on the November ballot. However, an attorney who works on school funding cases in other states said Wednesday that one of the proposals — Initiative 42 — is in the best interest of Mississippi children. David Sciarra, director of the New Jersey-based Education Law ...

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$15M contract could go to Jackson mayor’s political ally


JACKSON — An attorney and a Jackson City Council member say a Jackson Department of Public Works recommendation to award a $15 million contract to a political ally of Mayor Tony Yarber may have been biased. The Clarion-Ledger reported Wednesday that a consultant and city Public Works Director Kishia Powell have recommended that Denali-SGE be awarded the waste disposal contract. ...

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Mississippi woman indicted on 19 counts in Ponzi scheme


JACKSON — Six families gave a woman over $1 million in a Ponzi scheme based in Mississippi and California, according to federal indictments returned in Jackson, Mississippi. Gina Palasini, already serving a 10-year prison sentence on related state charges, has been indicted on 19 federal counts of fraud and money laundering. The indictments allege Palasini used victims’ life savings to ...

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On-demand-retail adding new niche for EastGroup

EastGroup Properties’ Steele Creek Commerce Park building in Charlotte offers a combination of warehouse and office space and is visible from Interstate 485.

By TED CARTER A warehouse distribution model Jackson’s EastGroup Properties conceived nearly 20 years ago has found itself well situated to benefit from today’s “must-have-it-now” retail demand. “People want stuff and they want it quick,” said Leland Speed, the soon-to-retire founder and chairman of the real estate investment trust, or REIT. He opened the doors of the public held company in ...

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Transitions ahead for EastGroup’s Speed, Hoster


By TED CARTER Leland Speed, a Jackson real estate icon who sold his first piece of raw dirt at 18 and never looked back, is stepping away from leadership of EastGroup Properties, the real estate investment trust he created nearly 40 years ago. The Jan. 1 chairmanship handoff will go to David H. Hoster II, who joined EastGroup Properties 32 years ...

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Supervisor says Byram/Clinton Parkway start is 2 months away


By TED CARTER Construction of the Byram/Clinton Parkway, an 18-mile project Mississippi’s economic development officials conceived in 1985, is expected to finally get under way in December, Hinds County Supervisor Peggy Calhoun says. Calhoun said Monday project engineers declared the first phase of slightly more than three miles ready to go, though the Army Corps of Engineers wants more time to ...

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