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Tag Archives: Florida

James Rollins new CEO at BancorpSouth

TUPELO — James D. Rollins III has been named chief executive officer of BancorpSouth Inc., a financial holding company headquartered in Tupelo. Rollins will succeed Aubrey B. Patterson, BancorpSouth’s current CEO, on Tuesday. The 53-year-old Rollins has served as president and chief operating officer at Prosperity Bancshares, Inc., headquartered in Houston, Texas, since April 2006. Rollins served as senior vice ...

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Libor: An opaque scandal erodes confidence in major banks

Last month, one of the biggest financial scandals in history came to light, involving many of the most pre-eminent banks in the world. But public reaction has been so muted that a Los Angeles Times columnist was compelled to ask, “Why aren’t more people furious about the Libor scandal?” In fact, people are. The news media soon will be full ...

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BP pays $5.4M to settle gender bias claims

WASHINGTON — Oil giant BP is paying $5.4 million to settle claims that some of its contractors refused to hire women to help clean up the Gulf of Mexico oil spill. The Equal Employment Opportunity Commission says the agreement with BP Exploration & Production Inc. covers female workers in Alabama, Florida, Louisiana, Mississippi and Texas. There has been no official ...

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Getting Bigger by the Day: Cadence continues growth with Fed’s OK of Encore acquisition

Remember Cadence, the little regional bank company in Starkville? It’s all grown up now after last year buying an Alabama regional banking company more than twice its size and continuing its growth spurt with the May 31 Federal Reserve Board of Governors’ approval of the acquisition of Encore Banshares, a $1.6 billion Houston bank. Acquiring Encore is part of a ...

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Homeland Security Secretary Janet Napolitano urges plan for hurricane season

MIAMI — U.S. Department of Homeland Security Secretary Janet Napolitano wants to make sure Americans are prepared for the start of the Atlantic hurricane season. The season begins today and Napolitano will join Federal Emergency Management Agency head Craig Fugate, as well as Florida Gov. Rick Scott to urge those likely to be affected by storms to prepare beforehand. Officials ...

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Report: U.S. economy will depend on trillion-dollar Hispanic ‘niche’

The explosive growth of the U.S. Hispanic population should be making consumer-products companies rich, but instead, it is leaving them confused. The U.S. Latino community, already a $1 trillion annual consumer market comprising 52 million people (out of a total U.S. population of 311 million), is on course to grow by another 50 percent in buying power by 2015. While ...

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Recent trends may threaten coaching diversity in college athletics

By DAVID BRANDT, The Associated Press   College basketball has long been dominated by African-Americans on the court. The same can’t be said for the sidelines. And the numbers of minority coaches aren’t getting much better — they’re stagnant or even declining at the Division I level. George Mason coach Paul Hewitt — who also coached at Georgia Tech for ...

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BREAKING NEWS: Brent Christensen named new head of the Mississippi Development Authority

JACKSON — Brent Christensen has been named the new head of the Mississippi Development Authority. Gov. Phil Bryant made the announcement during a press conference at the Marriot Hotel in downtown Jackson. Christensen, who has been the CEO of the Gainesville (Fla.) Area Chamber of Commerce the last 10 years, replaces interim director Jim Barksdale, the former Netscape CEO, who has ...

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EastGroup Properties' profit rises in first quarter of 2012

JACKSON — EastGroup Properties’ profit rose in the first quarter, but not as much as analysts expected. The real estate investment trust said Thursday that quarterly profit rose to $5.4 million, or 20 cents per share. That’s up 13 percent from $4.8 million, or 18 cents per share, in year-ago quarter. Analysts polled by FactSet had predicted 23 cents per ...

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How social media has shaped the case of Trayvon Martin

In the killing of Trayvon Martin, the angel and the devil of social media have discovered the perfect battlefield. Without social media, the Feb. 26 killing of Martin, an unarmed, black 17-year-old in Sanford, Fla., probably would have remained forever a four-paragraph news brief in the local newspaper. On that rainy night, Martin was walking from a grocery store to ...

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