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Author Archives: Ted Carter

Charleston, S.C., wins Daimler AG sweeptakes for Sprinter van plant

The Charleston area appears to be 1,200 jobs closer to being recognized as a leading automotive center, the Charleston Post and Courier reports. While Daimler AG is not expected to announce its plan until Friday, insiders say it is primed to expand its North Charleston plant, which currently employs about 100 people and assembles Mercedes-Benz Sprinter vans. Its new function ...

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Foreclosures continue to drop in Mississippi and Jackson

Foreclosure rates in Jackson decreased in November over the same period last year, according to newly released data from CoreLogic, a California-based real estate data company. Statewide, the November rate came in at 0.99 percent, a significant improvement from the previous November’s 1.49 percent. Mississippi’s 90-day delinquency rate also improved in November, dropping to 5.57 percent from 6.62 percent. The ...

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As merger nears, US Airways moves to American’s counter at Jackson Evers

US Airways has moved from boarding passengers on the west concourse to the east concourse at the Jackson-Medgar Wiley Evers International Airport. US Airways passengers will now board at gates three and four. US Airways ticket counter services will now operate from the American Airlines ticket counter relocated closer to the east security checkpoint. This move comes after American Airlines ...

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UPDATED: Bryant’s $50 million workforce training plan heads for floor votes

Matching House and Senate legislation that would pull  $25 million each of the next two years from the state’s unemployment compensation reserve fund to pay for workforce training made it to the floors of their respective houses Tuesday. The money would be used to step-up the state’s efforts to train workers for advanced manufacturing jobs and to create a future generation ...

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Goodrich latest to pull back in Tuscaloosa Marine Shale

Low oil prices mean the driller that has been the most bullish on an oil region that straddles the Louisiana-Mississippi line is cutting back, The Associated Press reports.. Goodrich Petroleum Corp., based in Houston, said Friday that it will spend $80 million to $100 million on exploration and drilling, down from $150 million to $200 million it had previously projected. ...

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