Home » MBJ FEATURE (page 650)

MBJ FEATURE

Study: Jackson No. 12 on recession-proof list

Steady home prices cited as a main reason   What people often say about Mississippi: We never see the best of economic times, but we don’t see the worst of the economic down times either. Jackson’s insulation from market volatility, particularly in the housing market, contributed to its earning the No. 12 spot in the ranking of America’s 100 largest ...

Read More »

Birmingham, Little Rock offer solid evidence that convention hotel will work

  Jackson City Council backs up $200-million Capitol City Center project with emergency fund; complex expected to be completed by early 2012   The Jackson City Council voted last week to set up an emergency fund that would partially pay for a Crowne Plaza hotel that would attach via skywalk to the Jackson Convention Complex.   An extended stay hotel, Staybridge ...

Read More »

Entergy rates going up by seven percent

Entergy Mississippi’s residential customers will see a 7 percent increase in their summer electricity bills, due to a fuel adjustment increase passed by the Mississippi Public Service Commission last month. The average household will pay $6.49 more per month, resulting in a total average bill of $102.57. Ratepayer bill estimates are based on the assumption that a typical residential customer ...

Read More »

Sour taste remains from 2009 washout

  State’s only PGA tourney hopes to rebound in 2010 from last year’s disaster There’s an empty spot in the record books where the name of the winner of the 2009 Viking Classic should be. But it’s clear who the victor was —Mother Nature. Days of downpours before and during the tournament turned Annandale Golf Club in Madison into a ...

Read More »

SMEPA to buy stake in plant

Hattiesburg-based power association serves more than 400,000 customers   South Mississippi Electric Power Association (SMEPA) announced June 30 that it would buy a 17.5 percent stake in Mississippi Power Company’s clean coal power plant to be built in Kemper County. The Hattiesburg-based power association is made up of 11 member distribution cooperatives  and cumulatively serves 406,000 customers. SMEPA customers, along ...

Read More »

Cruisin' the Mississippi

Company bringing small-boat tours east A Seattle, Wash.-based company is bringing its small-ship tours to the Mississippi River next year, offering passengers an up-close look at the Father of Waters as well as tour stops in Natchez and Vicksburg. Earlier this month, Cruise West, a company that has been offering small-ship tours for more than 60 years, announced that it ...

Read More »

Oil spill challenges research universities

Scientists asked to do a lot with a little   Scientists at Mississippi’s four public research universities find themselves on the front lines of the oil spill battle. Researchers are being asked to collect data on everything from the effects on wildlife and plants to the socio-economic impact.  Yet, it could not have come at a worse time for the ...

Read More »

Standard building on track; no comment on Riverwalk

Riverwalk and Town Lake would feature a mile-long, concrete lined canal in Jackson   The second of Jackson developer David Watkins’ downtown renovation projects is still on track to meet its target completion date. Brad Franklin, director of entertainment for Watkins Partners, said last week that the 21-story historic Standard Life office building that will feature retail, restaurant, office and ...

Read More »

Airports a barometer of local economy

Golden Triangle a prime example of how good business makes for a busy airport   Mike Hainsey, director of Golden Triangle Regional Airport (GTRA), said “airports are just a mirror of the local economy.  In our case, we have been making plans for these projects so that the airport infrastructure is ready when the businesses are.  That business model has ...

Read More »

Nationwide Insurance premiums up 20%

But not for Mississippians   Of the 14 million Americans who buy their own insurance, 77 percent have seen their premiums increase most recently by an average of 20 percent, according to a Kaiser Family Foundation study released last week. Of those who experienced a rate increase, 16 percent switched to a cheaper, less-comprehensive plan or changed insurance companies altogether. ...

Read More »