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MBJ FEATURE

MDA voids deal with shipbuilder at Gulfport port

By Jack Weatherly A Louisiana-based shipbuilder failed to meet a Dec. 31 deadline on investments and hiring at the Port of Gulfport and thus Mississippi officials voided an incentive deal. The Mississippi Development Authority (MDA) turned down a proposal by Edison Chouest Offshore’s Topship subsidiary to cut in half its commitment of an investment of $68 million and creation of ...

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Bay attorney helps put new restaurant group together

A Coast attorney is shuttling between Bay St. Louis, Louisiana and Philadelphia, Penn., where he is helping to restructure a restaurant group founded by celebrity chef Jose Garces. Ronnie Artigues is one of the new owners who bought the Garces Restaurant Group out of bankruptcy in July and is serving as CEO of the new venture. Garces, a James Beard ...

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BILL CRAWFORD: More than Presidents Day has morphed into the mundane

Established in 1885 on February 22nd to venerate George Washington’s birthday, Presidents Day in 1971 was moved to the third Monday in February to accommodate three-day weekends for federal employees. It then morphed into a celebration of all presidents. Today it has morphed again into just another day when the Post Office and banks are closed. Much else our nation ...

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No Trump brand, but prime Cleveland hotel will open in fall

By JACK WEATHERLY In case you missed it, Trump Hotels announced last Thursday that it was parting ways with a Mississippi hotel chain with which it had planned to open a prime lodging complex in Cleveland. Chawla Hotels Inc., headed by brothers Suresh and Dinesh Chawla, were working toward adding what they were calling the Lyric to their chain of ...

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Phyllis Polk Johnson named MBJ’s Business Woman of the Year

Phyllis Polk Johnson, executive director of the Mississippi Board of Nursing, was named Mississippi’s Business Woman of the Year for 2018 Thursday by the Mississippi Business Journal. Johnson was joined by 10 finalists and 39 other honorees at an event at the Old Capitol Inn in Downtown Jackson. At the Mississippi Board of Nursing, Johnson is responsible for the oversight of ...

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“Sweet Valentine” — Nandy’s Candy a staple for love and chocolate in Mississippi

By JACK WEATHERLY Valentine’s is just what America needs, as Nancy King sees it. Her shop, Nandy’s Candy, has been around for nearly 40 years and seen social and political change. “Our country seems to be divided about everything,” she says ensconced in her tiny office. “Valentine’s gives you a break. Who can argue politics or anything else with love.” ...

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BRIAN ESTES — Preferred investment property types of high net-worth investors

In my last article, published in January, I addressed why high net-worth investors (HNWIs) should allocate to commercial real estate (CRE) as opposed to other alternative asset classes.  Those reasons included were: preservation of wealth; cash flow; appreciation; tax purposes and estate planning.  Although I went into detail in each of these reasons I didn’t touch on the types of ...

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