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Tag Archives: Mississippi

BILL CRAWFORD — White space the solution for rural broadband?

White space surrounding rural folks across Mississippi may be the solution to closing our digital divide.   Huh?   Well, “white space refers to the unused broadcasting frequencies in the wireless spectrum,” according to techrepublic.com.   Huh?   Okay, it’s basically unused TV channels. Turns out TV channel frequencies below 700 Mhz function sort of like 4G so they can be ...

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Offshore revenue-sharing: $188M to 4 states, coast counties

Four Gulf of Mexico states and their coastal counties are getting nearly $188 million in revenue-sharing funds as the offshore leasing area s involved expand. The money must be used for coastal conservation, restoration and hurricane protection. An Interior Department news release Thursday says Louisiana is getting a total of about $82 million, with more than $50 million going to Texas, nearly $28 million to Mississippi ...

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Complaint prompts investigation of $50M Tupelo project

The Mississippi Department of Environmental Quality is investigating a $50 million project in Tupelo after receiving a complaint about its environmental impact. American Legion Post 49 Commander Mike Pettigrew says he filed the complaint out of concern for Legion Lake, which his post stewards. He tells the Northeast Mississippi Daily Journal that a runoff control measure wasn’t ready before construction began and ...

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MIKE ESPY — Ag tariffs: We should be careful what we ask for

Military wars are dangerous, expensive, and as we have seen in the decades old conflict in Afghanistan- can be quite lengthy, but in the end America will win. However, when the conflict concerns international trade, the same cannot be said, because in trade wars the outcome cannot be confidently predicted. As a unified nation, the force of our military, more ...

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COMMERCIAL FINANCE 701 — A LIBOR Update: Here comes SOFR!

  Following the sounding of LIBOR’s death knell last summer, a flurry of governmental and industry activity culminated in the selection of SOFR as a replacement index rate for commercial loans.  Accordingly, a sequel of our August 2017 column “The Passing of LIBOR” is in order. London Interbank Offered Rate (LIBOR) Recall on July 27, 2017, the Brits prospectively announced ...

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Former Viking Range Corp. repays $2.5 million to state for failure to comply with MDA loan

On Thursday, the Mississippi Office of the State Auditor  released a report detailing the relationship of the former Viking Range Corp. with the Mississippi Development Authority. After failing to produce and maintain 250 additional jobs for five years at the Greenwood facility, the company has repaid in excess of $2.5 Million to the state. In July 2005, the MDA completed a ...

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Mississippi hospital plans to lay off up to 100 employees

A Mississippi hospital plans to lay off 50 to 100 employees in an attempt to cut costs. Southwest Mississippi Regional Medical Center tells the Enterprise-Journal that the McComb hospital plans to cut up to 100 of its 1,200 employees. CEO Norman Price says a consultant recommended cutting 90 employees to align employee numbers with the hospital’s level of business. Price says no ...

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Document: Democratic candidate was Republican in California

More questions are being raised about the party loyalties of Howard Sherman, who is running as a Democrat for the Mississippi U.S. Senate seat now held by Republican Roger Wicker. Jackson lawyer Sam Begley on Tuesday provided The Associated Press with a California voter registration document showing Sherman registered as a Republican there and voted in the 2012 and 2016 ...

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JOHN FLETCHER: Internet sales tax gets its day in court

» Supreme Court hears arguments in major case challenging Quill Like kids queuing for the next iPhone or Star Wars episode, state and local tax experts from across the country last week camped out overnight to witness U.S. Supreme Court arguments in the internet sales tax case, South Dakota v. Wayfair.  The online seller, along with Overstock.com and Newegg, challenged ...

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Abby Manufacturing investing $324K, adding 10 jobs

WALNUT – Fabricated steel and aluminum products manufacturer Abby Manufacturing is adding 10 jobs and investing $324,000 at its facility here. The expansion, which adds new equipment, will increase the number of employees in Walnut to 130 Abby produces for agriculture, construction, transportation and military industries worldwide. The addition of a recently acquired laser cutting machine and press brake will ...

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