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Author Archives: Ted Carter

Mississippi not among 6 states selected for FAA drone testing

Mississippi fell short in its bid to become a designated Federal Aviation Administration site for testing unmanned aircraft, or drones, for commercial use. Mississippi and its Southern neighbors had been considered long shots to be among the half dozen states selected by the Federal Aviation Administration, although aviation experts had said Alabama’s Huntsville, home of Marshal Space Center, would get ...

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Target offering store cardholders credit monitoring after security breach

Target is offering free credit monitoring services for Target credit cardholders after a massive security breach that allowed hackers to access cardholders’ account information of customers who used the cards between Nov. 27 and Dec. 15. The Associated Press reported that up to 40 million Target customers could be affected. The hackers got access to cardholders’ names, credit or debit ...

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After dropping Jackson, Southwest adds service to Memphis, Pensacola and Richmond

Southwest Airlines is leaving Jackson but still giving Mississippians flight options by adding service to Memphis. However, in adding Southwest flights to Memphis the airline is eliminating AirTran service from Memphis to Atlanta. Southwest won’t be an option for getting to Atlanta, either, because its Memphis flights will not include Atlanta. Southwest acquired AirTran a couple of years ago and is just ...

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Bi-partisan criminal justice panel urges refocusing of sentencing, parole policies

In a report issued Tuesday, the Mississippi Criminal Justice Task Force concluded Mississippi’s criminal justice and corrections systems are at a critical crossroads. The Task Force concluded that the route the state has taken up to now leads to more than a quarter of a billion dollars in additional spending over the next 10 years; a second route that would ...

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Commercial/multifamily mortgage debt posts largest increase since '08

Commercial/multifamily mortgage debt outstanding grew to its highest level in five years in the third quarter, increasing by $25.2 billion as all four major investor groups increased their holdings, a new report from the Mortgage Bankers Association (MBA) says. That is a 1 percent increase over the second quarter of 2013. Total commercial/multifamily debt outstanding stood at $2.47 trillion in ...

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Bauer rankings reflect strong Q3 showing for Mississippi banks

A total of 45 Mississippi banks and saving and loans garnered five-star ratings from Bauer Financial Services in the third quarter. Of Mississippi’s largest banks, the $20 billion Hancock Bank of Gulfport was the only one to receive five stars, though Jackson’s Trustmark and Tupelo’s Renasant performed well enough to gain four stars each. BancorpSouth, the state’s second largest bank ...

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Grab the mouth soap: Mississippians among most prone to profanity

When it comes to potty mouth talk, Mississippians are in the same category as sailors. At least that’s the view of Washington State’s Marchex Institute, a collection of data scientists and senior analysts who deliver customized reports and insights for clients of the “call marketplace” and “call analytics” sectors. In other words, they tell those annoying telemarketing callers what to ...

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