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After decades, King Edward coming back

Forty years after the lights went out, the King Edward Hotel is on its way back. Developers and political leaders jabbed shovels into the dirt at a groundbreaking ceremony March 27, marking the end of the building’s tenure as a home for pigeons and a hangout for the homeless, and the rise of its renewal. “It used to be a ...

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Record-high prices fuel oil, gas production in state

As might be expected with record-high energy prices, oil and gas production in Mississippi is booming. “The producers and even some private individuals especially in Mississippi and Alabama are punching as many holes in the ground right now that they can to take advantage of the higher prices,” says Norman Rodgers, president, Mississippi Natural Gas Association, and regional manager for ...

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Barbour’s IHL appointees grounded in business

Before he was even elected, Gov. Haley Barbour said he believed government should be run like a business. A glance at his most recent appointments to the Board of Trustees of the State Institutions of Higher Learning reveals that belief is as strong as ever. A businessman, an accountant, an attorney with an accounting background and a doctor now wait ...

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Commission begins scrutiny of state's system of taxation

The Tax Study Commission appointed by Gov. Haley Barbour held its first meeting last week, the first step in a process designed to take a long look at Mississippi’s tax code and see what can be done to improve it. The 37 members will meet once a month with a deadline of August 31 to provide an initial report. During ...

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Diesel costs climbing to record levels

When one pulls up a car, truck or SUV to the pump for a 60-buck fill-up, the impact is obvious. What is less obvious but still packs a major wallop is the impact that record-high diesel prices are having on the overall economy. High diesel prices are threatening to take most of the profit out of the best farm commodity ...

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Tort king surrenders crown

Seventeen days before his trial on charges of judicial bribery was set to begin, Dickie Scruggs entered a plea of guilty March 14 in Federal District Court in Oxford. Scruggs and his law partner, Sidney Backstrom, admitted their involvement in a conspiracy to bribe Circuit Judge Henry Lackey. Prosecutors recommended Scruggs be sentenced to five years in a federal penitentiary; ...

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Fuel costs dim prospect of profit for producers

Agriculture is the number one industry in the state, representing an approximately $5.6-billion impact per year. But high energy costs are threatening to take the profit out of the highest commodity prices seen in many years. The higher fuel prices impact agriculture not just for fuel to run tractors and other equipment, but also in the form of increased costs ...

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