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MBJ FEATURE

Port study to use market projections to gauge jobs

Before Hurricane Katrina, the estimated number of direct jobs the Mississippi State Port at Gulfport created was 2,500. That number was based on an economic impact study done in 2004, the last time the Mississippi Development Authority evaluated the job-creation figures related to the Port. In the next 60 days, the MDA and the Mississippi State Port Authority plan on ...

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BEAUTIFULLY MADDENING

The late Sir Winston Churchill, England’s cigar-chomping prime minister, once compared playing golf to chasing a quinine pill around a cow pasture. Whether you’re a PGA Tour professional or a weekend hacker, most golfers can relate to Mr. Churchill’s blunt assessment of a sport that has brought Tiger Woods to his knees more than once. Many golf historians trace golf’s ...

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Energy audits can result in big savings

Numerous municipalities and other entities in Mississippi are benefitting from energy audits. Audits involve prioritizing energy usage by cost effectiveness, determining problem areas in a facility and identifying energy-efficiency opportunities. In this time of economic recovery, every dollar counts. Engineering firm Allen & Hoshall has performed many energy audits for entities that received stimulus funds for energy projects through the ...

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CDFIs can be ‘game changers’ here, Hope Enterprise CEO says

The acronyms can be a bit dizzying but the Treasury Department’s Community Development Financial Institution Fund, or CDFI, and its off-shoots are having an increasing impact in Mississippi. The initiatives the CDFI sponsors have opened the door to leveraging tens of millions of dollars for investment in the state’s economically distressed localities. Mississippi had 10 CDFIs in August 2009. Today, ...

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Fox in the henhouse?

Under current law, Mississippi Department of Insurance Commissioner Mike Chaney has the authority to regulate pharmacy benefit managers. The only problem is, the statute doesn’t provide much actual authority. Neither does a bill that is in conference committee that transfers that same weak regulatory authority to the Mississippi Board of Pharmacy. The first few thousand words in Senate Bill 2445 ...

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Many take exit to Ch. 7; others try ‘363 Sale’

The high cost of staying afloat while reorganizing under a Chapter 11 bankruptcy filing is forcing more businesses to accept unconditional surrender under Chapter 7 liquidation. But others are exiting their enterprises by attracting buyers who use a provision of the Chapter 11 code to pick up a debtor’s assets free of liens and other encumbrances. “Chapter 11 filings in ...

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Lonely no more; bankruptcy lawyers remain in high demand

Back a half-dozen years ago when lenders lent like there would be no tomorrow business bankruptcy lawyer Doug Noble felt like a Maytag repairman. His phone wasn’t ringing. Everyone was busy lending, borrowing and making deals. “There was no insolvency-related work because no one was insolvent,” said Noble of McCraney, Montagnet & Quin in Jackson. “I didn’t do very much ...

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The ag gender gap

Women find myriad of opportunities in agriculture industry Certainty is hard to come by. The only thing certain in Lindsey Ellzey’s life is uncertainty. A farmer in Jones County, Ellzey feels there ought to be more awareness of and support for women in agriculture in Mississippi, and she is one of many females in agriculture-related endeavors welcoming the upcoming Mississippi ...

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