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Mississippi legislators tossing in towel on education

by Bobby Harrison/NEMS Daily Journal Jackson Bureau JACKSON – Some of the state’s political leadership seems to be throwing in the towel when it comes to fully funding the Mississippi Adequate Education Program. Senate President Pro-Tem Terry Brown, R-Columbus, House Speaker Pro Tem Greg Snowden, R-Meridian, and House Ways and Means Chair Jeff Smith, R-Columbus, all expressed frustration recently at ...

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No reason given for Mississippi's large increase in unemployment applications

The number of Americans applying for unemployment benefits last week fell only slightly to 382,000. The level suggests hiring remains sluggish. Here, from the Associated Press.  are the states with the biggest changes in unemployment aid applications. The state level data are for the week that ended September 8, one week behind the national data:  States with the biggest decreases: ...

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Greenville Mayor Chuck Jordan resigning, has late-stage cancer

Greenville Mayor Chuck Jordan has told the Mississippi Business Journal he is resigning office after just nine months having learned he has advanced-stage pancreatic cancer. Tupelo Mayor Jack Reed Jr. also shared the news at his city council meeting Tuesday, which was tweeted by  Northeast Mississippi Daily Journal reporter Emily LeCoz. Jordan made an official announcement at 8:30 Wednesday morning ...

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Justice Department upholds Mississippi’s new state House, Senate districts

  The U.S. Justice Department has approved Mississippi’s redistricting plans for the state House and Senate. Legislative leaders received word of the approval Friday, the Associated Press reported. The 122 House districts and 52 Senate districts had to be redrawn to reflect population shifts revealed by the 2010 Census. Lawmakers approved new plans in the spring. Any election changes in ...

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Sen. Burton will head new energy committee; Polk to lead education panel

Mississippi state Sen. Terry Burton has been picked to chair the newly created Senate Energy Committee and Sen. John Polk has been chosen to lead the Universities and Colleges Committee, Lt. Gov. Tate Reeves said Thursday after making the appointments. Burton, R-Newton, will lead the 15-member Energy Committee, which oversees legislation related to the oil and gas industry, public utilities ...

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Fannie, Freddie chief’s rejection of mortgage reductions has bankers smiling

  Fannie Mae and Freddie Mac won’t be taking part in the Obama administration’s home mortgage principal reduction program. That’s bad news for underwater homeowners but cause for rounds of high-fives among executives in the nation’s financial sector. The setback for homeowners came Tuesday when Federal Housing Finance Agency Acting Director Ed DeMarco bowed to pressure from Wall Street and ...

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ABA chief says Weill ‘misguided’ in wanting big banks broken up

Who would have expected this reaction? The head of the American Bankers Association is disappointed and dismayed by the about-face Citigroup chairman emeritus Sandy Weill has done on breaking up the nation’s big banks. Push the pause button on such thinking, Frank Keating, ABA president & CEO, urges. Weill, often described as godfather to the too-big-to-fail movement, announced on CNBC ...

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