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Public/Private Companies

David Abney joins Northrop Grumman Board of Directors

Northrop Grumman Corporation (NYSE: NOC) announced it has elected David Abney to its board of directors. Abney, a Delta State University graduate, is the executive chairman of the UPS board of directors, and served as the chief executive officer of UPS from 2014 until May 2020. “David is an accomplished and respected business leader and is a great addition to ...

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Business, educational and religious groups throw support behind new state flag

By BECKY GILLETTE The state flag of Mississippi that incorporates an image of the Confederate battle flag has long been controversial. A voter referendum in 2001 to change the flag to something without racial overtones failed by a margin of two-to-one in a state where 37 percent of the population is black. Today, after the worldwide protests over the death ...

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Sanderson Farms remains focused on quality service

By LYNN LOFTON The current health concerns are accompanied by economic concerns as businesses remain closed and the stock market takes a beating. As the third largest poultry producer in the country and the  only Fortune 1000 company headquartered in Mississippi, Sanderson Farms has been proactively reassuring customers, bankers and investors. CEO Joe Sanderson and Vice President Mike Cockrell shared ...

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Making sense of Wall Street — UM chair of economics explains stock market situation

Jon Moen, professor and chair of the Department of Economics at the University of Mississippi, is parsing some of the financial terms zinging around the news amid the COVID-19 pandemic and offering insights into the state of Wall Street during an unprecedented plummet – one he does not believe is comparable to the Great Recession in 2008. Moen earned his doctorate from ...

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BEN WILLIAMS — An Unofficial 2020 Tesla Model 3 Review

The 2020 Tesla Model 3 clicked past 3,000 miles with the AutoSteer engaged, the Traffic-Aware Cruise Control clocking 75 mph, and Old Dominion’s One Man Band blaring from the stellar sound system. For those in the market, here is an unofficial, unsanctioned 3,000-mile review. Ordering the Model 3 The Tesla Model 3’s relatively low price, AutoPilot, liberal return policy (7 ...

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Markets in 2019: record stocks, lower rates, so-so IPOs

On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year’s fourth quarter. On January 4, Federal Reserve Chairman Jay Powell said the central bank would be “patient” with its interest rate policy following four increases in 2018. The S&P 500 soared ...

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Asian shares advance after meager gains on Wall Street

BANGKOK — Shares swung higher in Asia on Friday after a wobbly day of trading on Wall Street as investors awaited a U.S. government jobs report and kept an eye out for developments in China-U.S. trade talks. Hong Kong’s Hang Seng rose 0.7% to 26,401.47, while the Nikkei 225 in Japan picked up 0.2% to 23,352.81. South Korea’s Kospi jumped ...

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Stocks fall in early trading as investors wait on trade

Stocks wobbled between small gains and losses on Wall Street in early trading Thursday as investors waited for the latest news on negotiations to end the trade war between the U.S. and China. The losses follow Wednesday’s advance on a report that Washington and Beijing could be on track for a trade deal before new tariffs are set to hit ...

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Stocks up with hopes that US-China trade deal still on track

Stocks climbed Wednesday and recouped some of their losses from prior days on hopes that a U.S. trade deal with China may be nearing, despite tough recent talk from President Donald Trump. The market has swung sharply for months on every hint of progress about talks between the world’s largest economies, and the latest flip-flop followed a report from Bloomberg ...

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