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Author Archives: Ted Carter

Bills to constrain taxing methods on multi-state companies progress in Legislature

JACKSON, Mississippi – Some members of the Mississippi Legislature fear last summer’s state Supreme Court ruling that bumped the one-year Mississippi tax bill of Atlanta’s Equifax Credit Information Services from zero to over $700,000 will tarnish the state’s “business friendly reputation.” To undo the perceived damage, two Republican-sponsored bills designed to make it harder for the state to assess taxes on ...

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Gentiva Health to cut ‘hundreds’ of jobs, close 46 locations

Gentiva Health Services Inc., whose website lists 24 locations in Mississippi, including two in Fl,owood, says it is closing 46 of its home health-care locations across the country. Hundreds of clinicians and other health care professionals are expected to lose their jobs, the Atlanta-based company said in a report published Thursday by the Atlanta Business Chronicle. Based on revenue, Gentiva ...

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Brand compatibility leads CVS to snuff out store tobacco sales

CVS Caremark will stop selling cigarettes and other tobacco products at its stores by Oct. 1, making the nation’s second-largest drugstore chain in the first national pharmacy to pull tobacco products from its sales roster. The Christian Science Monitor reports that CVS’s announcement follows years of branding initiatives to retool the mega-retailer not just as a drugstore chain, but as a ...

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Pear River prosecutor charged with selling “Stay out of Jail” cards

The official in charge of prosecuting criminal defendants in Pearl River County is himself facing prosecution after charges he traded entrance into a pre-trial diversion program for money. A pre-trail diversion keeps the defendant from incarceration. The indictments against Aaron Russell list one count of altering public records and one count of committing fraud by a public official. Special Agents ...

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Ole Miss names new senior student crop of Hall of Fame inductees

OXFORD, Mississippi. – Ten University of Mississippi seniors have earned membership in the school’s 2013-14 Hall of Fame, one of the university’s highest honors. Chancellor Dan Jones bestowed the honor Friday in a ceremony at the Gertrude C. Ford Center for the Performing Arts. Recipients are chosen by a committee pursuant to ASB policy, with selections based on a student’s ...

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Several hundred Miss. businesses will be affected by Obama's minimum wage hike order

By Robbie Ward Daily Journal TUPELO – Some of Mississippi’s 350 businesses with $161 million in current federal contracts will be affected by President Barack Obama’s plans to increase minimum pay per hour by 39 percent for employees paid with federal money. But just how many state businesses currently contracting with the federal government and how many future Mississippi companies ...

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Post Office mulls financial services to unbanked and under-banked

The United States Postal Service may expand its financial services beyond money orders and remittances, the Credit Union Times reported Thursday. “More than a quarter of Americans live partially or completely without access to mainstream financial services and are often forced to rely on costly services like payday loans or check cashing to cover their everyday expenses,” the USPS said ...

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BCBS expects new owner of HMA's Miss. hospitals to help control costs

Community Health Systems of Franklin, Tenn., completion Monday of its acquisition of Hospital Management Associates in a i$7.6 billion deal gives CHS ownership of 12 of HMA’s former Mississippi hospitals and medical facilities, including four in metro Jackson. The transaction creates the nation’s second largest for-profit hospital chain by revenue, with more than 206 hospitals in s in 29 states. ...

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