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Tag Archives: Mississippi

Economy, not internet, cited for drop in state sales tax revenue

By BOBBY HARRISON State Economist Darrin Webb cites economic angst, not internet shoppers, for the prolonged period of sluggish sales tax collections for the state. The collection of the sales tax, the state’s largest source of revenue, was sluggish during the past fiscal year and started the new fiscal year on an even more dismal note. The anemic sales tax ...

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Mississippi highway bypass project canned amid tight budget

A tight state budget has prompted Mississippi transportation commissioners to cancel a highway project. Commission chairman Dick Hall says in a news release Thursday that the state can’t afford the estimated $130 million to build a bypass around Philadelphia. Transportation commissioners on Tuesday canceled contracts for the Highway 16 bypass, which was designed to ease commercial vehicle traffic in downtown ...

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Pay equity is the law, but wage gap between men and women still exists

By BECKY GILLETTE Despite the fact that pay equity is the law, studies show women earn less money than men for doing the same work. This pay gap does not necessarily decrease simply because more women are achieving “bread winner” status, said Jaklyn Wrigley, a Gulfport-based attorney with Fisher Phillips, a national, management-side labor and employment law firm. “Technically, since ...

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Proposed equal pay legislation would end “daylight robbery on the job”

By BECKY GILLETTE When women get paid considerably less than men for doing the same work, it can amount to “daylight robbery on the job,” said Cassandra Overton-Welchlin, director of the Mississippi Women Economic Security Initiative, a project of the Mississippi Low Income Childcare Initiative. Those lower wages can be especially difficult for mothers because of child care costs. And ...

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COMMERCIAL FINANCE 701: The Passing of LIBOR

The death knell for LIBOR officially sounded on July 27, 2017, when the UK’s Financial Conduct Authority broadcast it would cease maintenance of the internationally-used interest rate benchmark beyond December 31, 2021.  The surprise announcement was surprising only as to the timing of the press release and the sunset date.  The Wall Street Journal dissed the rate back in 2008 ...

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Former Ridgeland Kroger building to get new occupants

By JACK WEATHERLY The former Kroger store at 2000 E. County Line Road in Ridgeland, vacant for nearly four years, will soon have new occupants. Sky Zone, a trampoline-based franchise, and Crunch Fitness, a gym, will divide the space. Dean & Dean Architects of Jackson is doing the basic design work and construction. Jason Vanhaelen, project manager, said Dean & ...

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HIGH TECH, HIGH TOUCH: Transcript Pharmacy has the prescription for annual growth

By BECKY GILLETTE When Transcript Pharmacy, Inc., opened in January 2003 in Jackson, it initially was hoping for just some regional success in Mississippi and neighboring states, because there is a lot of competition with specialty pharmacies. But the company now is licensed in all 50 states and the District of Columbia, and has been recognized by Inc. Magazine as ...

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Community health centers called ‘best kept secret’

By NASH NUNNERY In his over three decades practicing medicine, Dr. Rashad Ali has worked in both private practice and the community health arena. For a plethora of reasons, the veteran OB-GYN physician and CEO for Laurel’s Family Health Center prefers the community health center environment over the more perceived glitz of private practice. “There is a tremendous difference in ...

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UMMC dedicates school of medicine

Elected officials and other dignitaries attending the dedication of the University of Mississippi’s new, $74 million School of Medicine building celebrated a new era in medical education and health care for the state. The breadth of the 151,000-square-foot facility on the University of Mississippi Medical Center campus means more space for students, more students for each class and, consequently, more ...

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