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Mississippi’s hotel prices among lowest in country

According to the hotels.com Hotel Price Index (HPI), Mississippi had the lowest average price per room per night among Southern states, dropping 11 percent from last year. The HPI also found that Florida cities were among the most popular U.S. destinations for domestic and international travelers. Florida and Georgia experienced the greatest drop in lodging prices among Southern states with ...

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CARS payments are almost complete

WASHINGTON — With final dealer payments being processed under the CARS program, U.S. Transportation Secretary Ray LaHood announced that the agency has “crossed the finish line for paying back eligible and complete dealer submissions.” According to the U.S. Department of Transportation, $12.301 million was requested by dealers in Mississippi, and $11.92 million had been paid or was ready for payment ...

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Presley: Money should be returned

JACKSON — Northern District Public Service Commissioner Brandon Presley (D-Nettleton) said Sept. 24 that the Mississippi Public Service Commission (PSC) should have returned $31.8 million of over-collections by Entergy Mississippi back to customers Oct. 1 rather than allowing the company to hold the funds an additional six months, until April 2010. Presley said the money was a result of over-collections ...

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Bill would extend homeowner’s tax credit

WASHINGTON — Rep. Travis Childers (D-Miss.) and Rep. Frank Kratovil (D-Md.) have introduced legislation designed to help families buy and sell homes and spur growth and stability in the American housing market. The Tax Credit Extension for Homebuyers with a Loss Deduction Incentive Act (H.R. 3640) will extend for one year the $8,000 home-buyer tax credit, expand the credit to ...

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Cal-Maine records loss for FQ 2010

JACKSON — Cal-Maine Foods Inc. for the first quarter of fiscal 2010, reports net sales were $187.7 million, compared with net sales of $206.9 million for the first quarter of fiscal 2009. The company reported a net loss of $3.8 million, or $0.16 per basic and diluted share, for the first quarter of fiscal 2010, compared with net income of ...

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Training center is earmarked for Gulf Coast

GULFPORT — The U.S. Department of Commerce will invest more than $2 million in a planned resort and hospitality training center at the Mississippi Gulf Coast Community College (MGCCC) Jefferson Davis Campus in Gulfport, according to Sen. Thad Cochran (R-Miss.). The Economic Development Administration (EDA), an agency within the Commerce Department, awarded the competitive grant to help construct a state-of-the-art ...

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Vicksmetal Company is officially in operation

VICKSBURG — On Sept. 29, Steel Summit Holdings Inc. celebrated the grand opening of its new division, Vicksmetal Company (VMC), at a ribbon-cutting ceremony in Vicksburg. Steel Summit Holdings is a wholly-owned subsidiary of Sumitomo Corporation, headquartered in Tokyo, Japan. VMC currently occupies a 26,500-square-foot facility at the Port of Vicksburg. The company produces transformer cores for manufacturers of electrical ...

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GovDelivery purchases GovLoop

Steve Ressler, founder of GovLoop, will continue in his role as president of the fast-growing social community. ST. PAUL. Minn. — GovDelivery, the world’s leading provider of government-to-citizen communication solutions, has acquired Washington, D.C.-based GovLoop, the premier social network for the government community. Price and t terms of the transaction were not disclosed. Through the acquisition, GovLoop becomes an operating ...

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Olympics decision stuns Chicago crowd

CHICAGO — Thousands of people stood in bewildered silence in downtown Chicago on Friday after the International Olympic Committee surprised everyone by dumping the city from the race for 2016 Summer Olympics in the first round of voting. The vote in Copenhagen was carried on huge television screens set up in the Daley Center to carry what many had hoped ...

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ARRA boosts SBA loans

WASHINGTON — Changes under the American Recovery and Reinvestment Act (ARRA) to U.S. Small Business Administration (SBA) loan programs led to a rebound in SBA-backed loans for small businesses and greater access to much-needed capital. Since the ARRA was signed Feb. 17, SBA has supported more than $11.3 billion in lending to small businesses through its two largest loan programs ...

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