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Waveland manufacturer pivots from storefronts to face shields

By LISA MONTI Infinity-AP, the custom storefront fabrication company in Waveland that manufactures custom storefronts for major retailers such as Abercrombie & Fitch, Victoria’s Secret and the PINK chain of stores, is now manufacturing face shields for medical workers. The production of the face shield – both the bracket that attaches to the head and the shield itself – began ...

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Mississippi moves tax filing deadline to May 15

While taxpayers have gotten an extension until July 15 to file their federal taxes, they’ll only get a one-month reprieve from Mississippi. The Mississippi Department of Revenue said it was “aware of the new pressures on the business community and state governments” due to the COVID-19 pandemic. “We are committed to doing what we can to help provide relief and ...

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House passes $2.2T rescue package, rushes it to Trump

Acting swiftly in an extraordinary time, the House rushed President Donald Trump a $2.2 trillion rescue package Friday, tossing a life preserver to a U.S. economy and health care system left flailing by the coronavirus pandemic. The House approved the sweeping measure by voice vote, as strong majorities of both parties lined up behind the most colossal economic relief bill in the ...

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Mississippi jobless claims tough to file as virus ups demand

The Mississippi agency that handles claims for jobless benefits is getting 10 times the usual number of phone calls as people seek help amid the coronavirus pandemic. “Mississippi unemployment claims are rising quickly, as they are across the country,” Republican Gov. Tate Reeves said Thursday on Twitter. “We are working hard to deal with the massive influx and take care of our ...

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State economist sees recession here and elsewhere as COVID-19 fight continues

Analysis of pandemic flu scenario puts Mississippi economic loss at $4.9 billion   By TED CARTER Other than saying a national recession is a certainty as the coronavirus shutdown grows, Mississippi’s state economist Darrin Webb is not publicly projecting where the state’s economy will drop to in the days ahead. For now, Webb’s forecast is for the nationwide recession to ...

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UPDATE: Liquor store sales up during epidemic while demand puts ABC in bind

By JACK WEATHERLY A number of liquor stores are doing a booming business during the corona virus outbreak, causing delivery problems for some. The state Alcoholic Beverage Control agency, meantime, has taken steps to make things more efficient. The ABC started allowing curbside deliveries on March 16 and will extend it until April 30, with the possibility of stretching it ...

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Making sense of Wall Street — UM chair of economics explains stock market situation

Jon Moen, professor and chair of the Department of Economics at the University of Mississippi, is parsing some of the financial terms zinging around the news amid the COVID-19 pandemic and offering insights into the state of Wall Street during an unprecedented plummet – one he does not believe is comparable to the Great Recession in 2008. Moen earned his doctorate from ...

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PHIL HARDWICK — Customers are judging every aspect of every transaction

Once upon a time, I did some research about customer transactions for a company that had an office where customers could come in, sign up for new accounts, make payments on existing accounts and otherwise transact business. My task was to learn more about why customers were coming to the facility to transact business when they could just as easily, ...

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STOCKS AND CORONAVIRUS — Could this be a time to buy rather than panic?

By BECKY GILLETTE While the steep declines in the stock market in the past week have been scary, they aren’t unprecedented, said Stacey Wall, CEO of Pinnacle Trust in Madison. Usually the markets bounce back quickly. “In fact, in the past six day-to-day declines of 3 percent or greater, the market rebounded higher a month later,” Wall said. “Times like ...

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Oxford maintains high ranking on economic strength poll

  By JACK WEATHERLY Oxford maintained its high standing in economic strength among “micropolitan” economic areas, edging up to No. 8 this year from ninth place among 542 such areas in the United States, according to the Policom Corp. Policom defines economic strength as “rapid, consistent growth in both size and quality for an extended period. The lowest ranked areas ...

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