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Luckett establishes PAC

CLARKSDALE — Attorney and businessman Bill Luckett has formed the political action committee Progress for Mississippi. Luckett said, “By establishing this committee, we intend to explore all options available to secure the election of a Democratic governor in the State of Mississippi. With the current leadership being barred by term limits, we feel that a strong Democratic contender holding proper ...

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HCDC moves into new office

GULFPORT — The Harrison County Development Commission (HCDC) has relocated its office on Intraplex Parkway in Gulfport. HCDC’s new mailing address is 12281 Intraplex Parkway, Gulfport, 39503. The phone number, (228) 896-5020, and fax number, (228) 896-6020, will remain the same. Created in 1958, the HCDC is the lead economic development agency for Harrison County, including the cities of Pass ...

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Fitch rates Entergy Mississippi

JACKSON — Fitch Ratings has assigned a rating of “BBB+” to Entergy Mississippi Inc.’s (EMI’s) $150 million of 6.64 percent series first mortgage bonds due July 1, 2019. The proceeds of the bonds will be used to repay bank revolving credit facility and corporate money pool borrowings and for working capital and general corporate purposes. Fitch gave EMI a rating ...

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With some people paying more than three times what they were, affordable insurance plagues Coast’s recovery

  Nearly four years after Hurricane Katrina, the Mississippi Gulf Coast remains a shell of its former self. While many challenges have been met, the lack of affordable insurance continues to plague the region’s recovery. Mississippi Insurance Commissioner Mike Chaney said that insurance rates, particularly on the residential side, vary greatly from street to street on the Coast. Property owners ...

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LEED v3 is so new many architects still are unfamiliar with it

In late April, the U.S. Green Building Council (USGBC) rolled out its next version of  the Leadership in Energy and Environmental Design (LEED) green building certification system. Dubbed LEED v3, it builds on the fundamental structure and familiarity of the existing rating system (LEED v2.2) while incorporating new technology and addressing priorities such as energy usage and CO2 emissions. LEED v3 ...

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Air travelers remain on ground

WASHINGTON — The number of scheduled domestic and international passengers on U.S. airlines in March 2009 declined by 9.1 percent from March 2008, dropping by 6.1 million to 61 million, the Bureau of Transportation Statistics reports. March was the 13th consecutive month with a decrease in passengers from the prior year. U.S. airlines carried 8.6 percent fewer domestic passengers than ...

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Prius or no Prius?

Lacy Luckett would like everybody to know that she does not work in Georgetown, Ky. She still works in Tupelo. Luckett’s work residence came into doubt last week when the Web site Automotive News quoted a Toyota executive as saying that the 120 employees who were originally assigned to the Blue Springs plant had been transferred to the company’s Georgetown ...

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More TAA funds released

WASHINGTON — The U.S. Department of Labor has released more than $450 million in Trade Adjustment Assistance (TAA) funding to states to provide career training and employment and case management services to workers who lose their jobs due to outsourcing and foreign trade. The American Recovery and Reinvestment Act (ARRA) includes a major expansion and reform of the TAA program. ...

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Unemployment claims fall again

WASHINGTON — In the week ending June 6, the advance figure for seasonally adjusted initial unemployment claims was 601,000, a decrease of 24,000 from the previous week’s revised figure. The four-week moving average was 621,750, a decrease of 10,500 from the previous week’s revised average. The advance seasonally adjusted insured unemployment rate was 5.1 percent for the week ending May ...

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Freight index hits historic lows

WASHINGTON — The Freight Transportation Services Index (TSI) fell 1.2 percent in April from its March level, declining for the second consecutive month to the lowest level in seven years, the Bureau of Transportation Statistics (BTS) reports. The April decrease was the seventh decline in the Freight TSI in the last nine months. The index has declined 10.percent in that ...

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