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Tag Archives: Tennessee

Firm to partially reimburse customers for investment losses

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The Mississippi secretary of state says investment firm Morgan Stanley will return up to $4.2 million to partially reimburse customers who had “inordinate losses” because a portfolio manager allegedly used high-risk investments for people who hadn’t agreed to them. Secretary of State Delbert Hosemann says the firm agreed to resolve an investigation by the securities division of his office. In ...

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Tennessee Valley Authority approves solar power proposals

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Tennessee Valley Authority approves solar power proposals KNOXVILLE, Tenn. — The Tennessee Valley Authority has approved proposals for new solar power installations by four local power companies in three states. Once completed, the projects will produce 16.7 megawatts of solar energy, enough to power more than 1,300 homes. TVA is awarding the solar capacity to the Chickasaw Electric Cooperative in ...

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Snow possible for West Tenn., eastern Ark., north Mississippi

winter weather

MEMPHIS — Weather forecasters in Memphis are telling residents of West Tennessee, north Mississippi and eastern Arkansas to expect winter storm conditions. The National Weather Service in Memphis has issued a winter storm watch for Thursday night through Friday afternoon for large portions of the mid-South area. Forecasters say a storm will move through the area on Thursday night, creating ...

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Mississippi in multi-state probe of VW’s bogus emissions tests

FILE - This Oct. 5, 2015 file photo shows the Volkswagen logo at the building of a company retailer in Berlin, Germany. Volkswagen almost inevitably will have to compensate owners of diesel cars equipped with emissions-rigging software. Some legal experts say the automaker could be forced to buy back the cars altogether. (AP Photo/Markus Schreiber, File)

By TED CARTER Mississippi has joined more than two dozen other states in investigating whether German car manufacturer Volkswagen used deceptive trade practices to convince consumers that their cars were environmentally friendly, when they weren’t. Attorney General Jim Hood’s office declined to say whether Mississippi joined the multi-state investigation. The office said only that “the nature of this investigation has been ...

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JOSH MABUS — Mississippi’s golden opportunity: Beer

beer

Lately I’ve found myself looking to a new group of Mississippians for creative inspiration — a group that so seamlessly mixes food, engineering and art. They’re entrepreneurs and innovators. Of course I’m talking about Mississippi’s growing population of beer brewers. For the longest time, when I thought about breweries, I thought about the sterile big-brand breweries in Milwaukee and St. ...

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Alexander, Corker question renewable energy plans by TVA

KNOXVILLE, Tenn. — Tennessee’s Republican U.S. senators, Lamar Alexander and Bob Corker, are questioning why the Tennessee Valley Authority is placing greater emphasis on renewable energy as part of its long-term plans. The Knoxville News Sentinel reports that the senators in a meeting with the public utility on Monday said renewable sources of energy add costs and uncertainty. Alexander said ...

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Newk’s Eatery to expand in Louisiana and Texas

JACKSON — Newk’s Eatery, the fast-casual restaurant known for its culinary-driven menu and open kitchens, has announced a new development agreement with New Orleans-based Southeast Restaurant Group, founded by Elie Khoury. The operator of franchise and independent restaurants plans to open 15 Newk’s locations throughout Southern Louisiana and in Houston. With the new agreement, Southeast Restaurant Group becomes Newk’s largest franchisee. SRG ...

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Eric Martin Satz nominated to serve on TVA board

NASHVILLE — The White House has nominated venture capitalist Eric Martin Satz to serve on the board of the Tennessee Valley Authority. Satz is partner at venture capital and private equity firm TNCV. If he is confirmed by the U.S. Senate, Satz would serve on the federal utility’s board until May 2018. He would replace Oak Ridge attorney Neil G. ...

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Yes, this little critter can … BEAT YOUR ASH

By LYNN LOFTON It’s very clear that the Emerald Ash Borer beetle is not welcome in Mississippi even though it has made its way to surrounding states. The Mississippi Forestry Commission is leading the fight to keep this non-native invasive pest out of the Magnolia State. Originally found in Asia and parts of Russia, the tiny insect arrived in America ...

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