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Sanderson championship donates record $1.3 million to Children’s Hospital

The Sanderson Farms PGA Championship presented a $1.3 million donation to Friends of Children’s Hospital  the fundraising arm of Batson Children’s Hospital, part of Children’s of Mississippi. Funds raised from the 2019 tournament will go toward the $100 million Children’s of Mississippi capital campaign, and the construction of a new seven-story, 340,000-square-foot pediatric tower that will be home to 88 ...

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Navistar Defense buys West Point Assembly Plant

By DENNIS SEID / Daily Journal Navistar Defense on Monday said it had acquired its assembly plant in West Point for an undisclosed amount. The company has leased the facility from Babcock and Wilcox since 2006. “The purchase of the assembly plant is a part of our strategic plan to grow our business,” said Ted Wright, Navistar Defense chief executive ...

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Vicksburg implements energy saving measures to cut costs

A Mississippi city is implementing energy efficiency measures that are estimated to save it more than $60,000 a year on utility bills. The Vicksburg Board of Mayor and Aldermen approved a $2.4 million contract with Jackson-based Path Co. LLC this month to look into ways the city could improve its energy efficiency, The Vicksburg posted reported on Monday. The program will focus ...

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Republican Tate Reeves sworn in as new Mississippi governor

Republican Tate Reeves was inaugurated Tuesday as the new governor of Mississippi, pledging to provide economic opportunities for all people in the state and to defend a “loving culture that underpins our quality of life.” Reeves, 45, is the 65th governor of Mississippi. He succeeds Republican Phil Bryant, who served two terms. Reeves served two terms as lieutenant governor and ...

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Trio accused of fake check scheme involving homeless people

A group of men are facing federal charges involving counterfeit checks after police say they were found with a typewriter, an embossing machine, and checks totaling $127,000. One of the men told authorities that the scheme involved recruiting homeless people to walk inside banks and cash the fake checks. An Origin Bank employee in Flowood called police on Jan. 3 ...

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Renasant’s Waycaster named to St. Louis Fed Reserve board

By DENNIS SEID / Daily Journal TUPELO – Mitch Waycaster, the president and CEO of Renasant Bank, has been elected to a three-year term on the board of the Federal Reserve Bank of St. Louis. The St. Louis Fed is a corporation chartered under the Federal Reserve Act and is governed by a board of directors, whose nine members provide ...

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Mississippi officials set to rule on controversial landfill

Mississippi’s Department of Environmental Quality is set to decide on whether a controversial new landfill will be allowed in a county that already has two other trash dumping sites. The meeting is scheduled for Tuesday morning, one hour ahead of incoming Gov. Tate Reeves’ inauguration ceremony, The Clarion-Ledger reported. If approved, the site would be located in Ridgeland, adding a third ...

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Tupelo Furniture Market looking to consolidate space

By DENNIS SEID / Daily Journal TUPELO • With some 2 million square feet of exhibition space, the Tupelo Furniture Market has plenty of room for furniture, bedding, case goods and accessories exhibitors, as well as buyers and retailers to attend the biannual trade show. But in recent years, the number of attendees has shrunk at each market, and the just-completed ...

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PHIL HARDWICK — What is the purpose of business

Last summer, The Business Roundtable, a nonprofit organization of CEO’s of major businesses, redefined its Statement on the Purpose of a Corporation to include stakeholders in addition to shareholders. The action has produced much discussion about the primary role of the corporation. To put it another way: What responsibility does business have to society? Nobel prize recipient Milton Friedman and ...

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Analysis: Hosemann delves into role as lieutenant governor

Mississippi’s new Republican lieutenant governor, Delbert Hosemann, has a reputation for working hard and expecting others around him to do the same. Hosemann was an attorney in private practice before he served three terms as secretary of state. He moved from that job to lieutenant governor on Thursday when he was inaugurated to succeed Republican Tate Reeves, the man who ...

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