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Tag Archives: NEWS

Tupelo’s Pinnacle Point site work resumes, still on schedule

By DENNIS SEID / Daily Journal TUPELO – Site work for the multi-million-dollar Pinnacle Point development on North Gloster Street resumed this week after getting approval from the Mississippi Department of Environmental Quality. The state agency had put a temporary stop on the site work to allow developer Bruce Patel and his Fusion Hospitality group to address environmental concerns with ...

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Tupelo CVB awarded coveted designation

The Tupelo Convention & Visitors Bureau received recognition as an accredited destination marketing organization during the Destinations International Annual Convention in Anaheim, California, earlier this month. It was awarded the Destination Marketing Accreditation Program (DMAP) seal. TCVB is just the third destination marketing organization in Mississippi to become an accredited organization through DMAP. The award is “acknowledgement of TCVB’s commitment ...

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Social media anxiety: Separating personal views from business not always easy

By DENNIS SEID / Daily Journal TUPELO – Anyone who knows Tim Tubb knows he has strongly held opinions and isn’t afraid to let others hear them. Recently, he posted a comment on his personal Facebook page that went viral, garnering more than 2,500 reactions and nearly 145,000 shares. Marketing and social media experts say steering clear of hot-button issues ...

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Jackson Zoo workers get pay cuts as revenue keeps falling

Workers at the Jackson Zoo will see deep pay cuts amid declining revenue. Jackson Zoological Society Executive Director Beth Poff says the zoo is in “a dire situation.” She says the pay cuts will affect all employees. » HERE’S WHAT THE MBJ HAD TO SAY ABOUT THE JACKSON ZOO IN 2013 Poff says the zoo is operating with 32 employees, ...

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Mississippi military shipbuilding firm to hire hundreds

A shipbuilding firm in Mississippi is hiring hundreds of skilled workers after it was awarded several contracts for the U.S. military. The Sun Herald of Biloxi reported Thursday that Ingalls Shipbuilding in Pascagoula is searching for test engineers, first class welders, pipefitters, pipe welders and shipfitters. Company spokesman Bill Glenn says Ingalls is planning to hire 500 people by the end of ...

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Reeves, transport director differ over highway communication

Mississippi Lt. Gov. Tate Reeves said Thursday that a state agency director is backing off of accusations that Reeves and his staff used political pressure to push a highway project near his home. However, a letter from Department of Transportation director Melinda McGrath said Reeves’ staff took the “highly unusual step” of communicating directly with utility providers about the project. ...

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$345m Mississippi flood control project holds public hearing

More than 20 environmental groups have expressed opposition to an estimated $345 million Mississippi flood control project. News outlets report the Rankin-Hinds Pearl River Flood and Drainage Control District held a public hearing Tuesday in Jackson over the One Lake Project. It’s an attempt to prevent a flood like one that devastated the Jackson area in 1979. Critics argue damming ...

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Mississippi cities approve tax increases for parks, tourism

Voters in two Mississippi cities have approved a sales tax to raise money to provide tourism services. WLBT-TV in Jackson reported that voters in Pearl have approved a 1 percent sales tax increase on restaurant bills and a 3 percent tax on hotel bills. Pearl Mayor Jake Windham said the money will be used for a new pavilion at a city ...

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Mississippi city wrestles with budget problems

A Mississippi city is wrestling with budget problems after an audit showed a $14 million shortfall. WLOX-TV reported that Pascagoula Mayor Dane Maxwell said he’s working with the governor, the lieutenant governor and the state auditor on how to deal with the money problems following the release of a forensic audit. Maxwell says the focus is on making sure that city ...

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MATTHEW McLAUGHLIN — Show me the money

Having served as lead, co-, or local counsel on greater than $10 billion in debt and equity financings, I have experienced transactions that have closed relatively smoothly and I have also seen transactions fall apart at the closing table. Regardless of whether your company is raising debt or equity, there are some common themes and best practices that business owners ...

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