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Tag Archives: Mississippi

BILL CRAWFORD — Trumponomics may push national debt interest costs higher than Social Security and Medicare

Basic math and what the Wall Street Journal calls “Trumponomics” are headed for a brutal collision.   Here’s why.   The national debt is $20.6 trillion and rising. With rates low, annual debt interest costs averaged about $250 billion from 2011 through 2016. As the economy improved, interest rates slowly ticked up. But, now they are expected to surge as ...

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House votes to give tax credit for college graduates

By BOBBY HARRISON / Daily Journal The House, with no dissenting votes, approved a bill Wednesday to exempt college graduates working in the state from having to pay a state income tax for three years. The bill, authored by Rep. Trey Lamar, R-Senatobia, is being touted as an effort to address what some believe is “a brain drain” of young ...

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Legislation would consolidate administrative functions of agencies

By BOBBY HARRISON / Daily Journal JACKSON – The “back shop,” or administrative functions, for about 20 small state agencies will be centralized under legislation that passed the Senate and is pending in the House. The legislation, authored by Senate Appropriations Chairman Buck Clarke, R-Hollandale, would create the Office of Shared Services within the Department of Finance and Adminstration to ...

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Former Ebony editor author Lerone Bennett Jr. dies at 89

Lerone Bennett Jr., an African-American history author and former editor of Ebony magazine, has died at age 89. A.A. Rayner and Sons Funeral Home in Chicago said Thursday that Bennett died Tuesday. Ebony magazine tells the Chicago Sun-Times that Bennett had vascular dementia. The Rev. Jesse Jackson on Thursday called Bennett an “activist historian” and said “a global force for justice he ...

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Ole Miss appeals NCAA punishment, citing abuse of discretion

Mississippi filed its appeal Thursday of the NCAA committee on infractions’ decision to ban the football program from the postseason in 2018, limit unofficial recruiting visits and cite the school for lack institutional control in a case involving 21 violations. The NCAA committee handed down its decision in December after a lengthy investigation. The school said the committee “should vacate ...

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Mississippi high school graduation rate at record 83 percent

State officials said Thursday that a record 83 percent of Mississippi seniors graduated on time from high school in 2016-2017, even as some lawmakers demand an end to subject tests that affect whether students can graduate. State Superintendent Carey Wright said the higher rate is just one measure showing Mississippi schools are improving. “Are we where we want to be ...

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Teresa Hubbard named MBJ’s Business Woman of the Year

Teresa Hubbard, President & CEO of CITE Armored, was named Mississippi’s Business Woman of the Year for 2018 Thursday by the Mississippi Business Journal. Hubbard was joined by 10 finalists and 39 other honorees at an event at the Old Capitol Inn in Downtown Jackson. Hubbard has a broad range of experience that continues to enhance the success of the company she ...

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Plastic company to expand Mississippi plant, hiring 53

An Indiana-based company that makes molded plastic products will spend $5.3 million to expand its Mississippi plant, hiring 53 new workers. Richardson Molding of Columbus, Indiana, will add the workers over two years to the 135 currently employed in Philadelphia. The company is buying new equipment, saying it’s increasing production to meet higher demand. Mississippi Development Authority spokeswoman Tammy Craft ...

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Blackburn Group and related companies have $100 million in real estate projects under development

By BECKY GILLETTE David Blackburn, 39, president/CEO, The Blackburn Group, LLC, Oxford, oversees quite an impressive array of developments for someone who is not yet 40. His company, which is the parent company of R.J. Allen & Associates, Inc., general contractors, Blackburn Communities, Fitness Holdings and other related development entities, is involved in some of Oxford’s largest residential, retail and ...

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Chawlas apply for $6 million rebate on luxury hotel in Cleveland

By JACK WEATHERLY Brothers Suresh and Dinesh Chawla have applied for a tax rebate from the state that would account for nearly a third of the $20 million luxury hotel they are building in Cleveland. The brothers, who own 17 hotels in the Delta, applied for the tourism rebate on Dec. 28 to defray costs on the Scion West End ...

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