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Tag Archives: Southern Company

Mississippi economic growth predicted to rise in 2013

JACKSON — Economists say growth and employment should increase in Mississippi next year, led by an improved housing market and an increase in home construction. Forecasters discussed their outlook at a Tuesday conference held by the College Board in Jackson. Mississippi’s economy is predicted to grow 1.6 percent in 2013, compared to an expansion of only 0.5 percent this year. ...

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Memphis restaurant caught mislabeling catfish

A Memphis television station recently reported that The Dixie Café was selling Vietnamese farmed pangasius labeled as “catfish” and failed to properly identify the fish to consumers. Under federal law, only American channel catfish (ictalurus) may be sold as catfish. The FDA said it only physically inspects between one and two percent of fish imports, meaning 98 percent or more ...

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McAlister's announces sales growth

The sweet tea, sandwiches and spuds really are that good. McAlister’s Deli announced today its ninth consecutive quarter of positive comparable sales growth, according to a company statement. Third-quarter same-store sales at company-owned restaurants were up 6.9 percent and franchise restaurants were up 7 percent. According to a McAlister’s  spokeswoman, the growth is attributed to, “the restaurant chain’s commitment to ...

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Mississippi and abortion the subject of one national political columnist

In this column, Robert Shrum says sensible Republicans seeking to renew the viability of a conservative party that seems out of touch after a stinging defeat at the polls are being denounced as ‘heretics.’ Shrum says the party might never find its way back. Later in the piece, Shrum says … One of Limbaugh’s targets, Steve Schmidt, a veteran of ...

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Southern Co. to partner with Texas company to market controversial Kemper coal technology

Southern Co., the parent company of Mississippi Power Co., is partnering with a Texas based-firm that owns part of the technology that will be used at the Kemper County coal plant to market the technology to power companies worldwide. Southern Co. developed the Transport Integrated Gasification (TRIG) technology with Houston-based KBR. The process uses low-rank coal, like the lignite coal ...

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Contractors dispute claim of shoddy work at Kemper

Since late March, the projected cost of Mississippi Power Co.’s Kemper County coal plant has gone from $2.4 billion to $2.8 billion. The latest figure is the cap the Mississippi Public Service Commission imposed on the project. David Newell, president of the Central Mississippi Building and Construction Trades Council, said he isn’t surprised. In an interview last week, Newell said ...

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BREAKING NEWS: Second agency cuts Mississippi Power Co.'s credit rating

JACKSON — Another credit rating agency has downgraded its view of Mississippi Power Co. Two of the three major agencies have now cut ratings after the Mississippi Public Service Commission denied Mississippi Power a rate increase to pay off debt during construction of its $2.8 billion Kemper County power plant. Moody’s Investors Service cut its rating on about $1 billion ...

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Supreme Court denies Miss. Power’s rate increase (Updated with clarification)

Mississippi Power is now 0-2 when it comes to collecting money to pay for its Kemper County coal plant. The Mississippi Public Service Commission in June denied a 13 percent rate increase that would have generated about $58 million. The company quickly appealed to the Mississippi Supreme Court, which affirmed the PSC’s ruling Tuesday afternoon. The court voted 8-0 to ...

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Mississippi Power appeals rate hike denial

A few hours after a second overrun for its Kemper County coal plant was revealed, Mississippi Power Co. said last week it was appealing the Public Service Commission’s denial of a rate increase the company had requested to help pay for the facility. The company appealed the PSC’s order to the Mississippi Supreme Court. On June 22, commissioners voted 3-0 ...

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