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Tag Archives: Louisiana

Official: La movie credit cap may send business to Ga, Miss

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BILOXI — Louisiana’s new cap on film tax credits could send more movie business to Georgia and Mississippi, says the Mississippi Film Office’s Gulf Coast project manager. As one of the top film locations outside of California, Georgia is likely to get some of the business that might otherwise have gone to Louisiana, sometimes called “Hollywood South,” Bill Webb said. ...

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Louisiana black bear could move off threatened-species list

In this May 17, 2015 photo, a Louisiana Black Bear, sub-species of the black bear that is protected under the Endangered Species Act, is seen in a water oak tree in Marksville, La. U.S. Fish and Wildlife Service official Steve Guertin says his agency is making a formal proposal to remove the Louisiana black bear from the list of threatened species. That could make the subspecies Louisiana’s third signature animal to get off the endangered or threatened list, after alligators and brown pelicans. It could also allow bear hunts in Louisiana, but not any time soon. The process could take a year if nobody fights it. (AP Photo/Gerald Herbert)

Federal and Louisiana officials say it’s time to get the animal that inspired teddy bears off the list of protected species. U.S. Fish and Wildlife Service official Steve Guertin says his agency is making a formal proposal to remove the Louisiana black bear from the list of threatened species. Removal from the list would let hunters kill at least a ...

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PSC: Entergy membership saves $48 million for ratepayers

Entergy

Entergy Mississippi customers saved an estimated $48 million during the first year of the utility’s  membership in MISO, a regional transmission organization formally known as the Midcontinent Independent System Operator Inc., according to a release from the Mississippi Public Service Commission. That amounts to a savings of approximately 3 percent, or about $3.50 on the typical residential customer’s monthly bill, ...

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Bill will open more of Gulf to energy exploration

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JACKSON — Mississippi Sens. Thad Cochran and Roger Wicker are supporting legislation to expand energy exploration in the Gulf of Mexico. The Republican lawmakers have joined as sponsors of a bill that will also provide additional revenue for Mississippi, Louisiana, Alabama and Texas. The legislation, introduced by U.S. Sen. Bill Cassidy, R-La., would amend a 2006 law to open parts ...

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Newk’s Eatery to expand in Louisiana and Texas

JACKSON — Newk’s Eatery, the fast-casual restaurant known for its culinary-driven menu and open kitchens, has announced a new development agreement with New Orleans-based Southeast Restaurant Group, founded by Elie Khoury. The operator of franchise and independent restaurants plans to open 15 Newk’s locations throughout Southern Louisiana and in Houston. With the new agreement, Southeast Restaurant Group becomes Newk’s largest franchisee. SRG ...

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Mississippian Glenn McCullough Jr. gets nod as new MDA chief

Glenn McCullough takes over as the head of the Mississippi Development Authority Monday, June 8.

By TED CARTER An executive search that never left Mississippi has led to the appointment of Glenn L. McCullough Jr., former mayor of Tupelo and chairman of the Tennessee Valley Authority board, as executive director of the Mississippi Development Authority. Speaking to luncheon guests at the Mississippi Economic Council’s annual meeting, Gov. Phil Bryant said he kept the search within ...

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Hattiesburg bank earnings rise to $1.9 million

Hattiesburg-based First Bancshares Inc. announced on Thursday that its net earnings for the first quarter were $1.9 million, or 36 cents per share, compared with $1.3 million, or 25 cents for the corresponding quarter in 2014. Assets grew by 4.8 percent to reach $1.1 billion as of March 31. Loans stood at $716 million, up $11.8 million in the quarter. ...

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$134M proposed for 10 BP-funded oil spill recovery projects

JACKSON — State and federal officials overseeing $1 billion provided by BP PLC to spur recovery from the 2010 Gulf of Mexico oil spill said Monday that they’re proposing another 10 projects totaling $134 million. About $700 million to repair environmental damage and enhance recreational access has been allocated previously, although some of that work has yet to begin. The ...

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Source: McCullough a leading candidate for MDA job

        By JACK WEATHERLY Glenn L. McCullough Jr., former mayor of Tupelo and chairman of the Tennessee Valley Authority board, is a leading candidate to become executive director of the Mississippi Development Authority, according to a source familiar with the situation. McCullough said in a telephone interview with the Mississippi Business Journal  Thursday afternoon that “the MDA is very important ...

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TRANSITION AT THE MDA — Is Mississippi better off than it was 3 years ago?

By JACK WEATHERLY  Is Mississippi better off than it was three years ago? That’s a fair enough question when it comes to measurable matters such as jobs created and money invested. The answer is: depends on whom you’re asking. And what you’re asking. When the Mississippi Development Authority announced April 8 that Brent Christensen  was resigning his job as executive ...

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