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Tag Archives: Alabama

ARC invested $125.6M in economic development projects, including $15.5M in Mississippi

New data shows that the Appalachian Regional Commission invested $125.6 million in 522 economic development projects during Fiscal Year 2018. These region-wide investments will be matched by $188.7 million, and will attract an additional $1.5 billion in leveraged private investment into Appalachia. In addition, these investments are projected to create or retain 26,600 jobs, as well as train or educate ...

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Alabama bans smoking on public beach

The sugar-white sand in Gulf Shores is Alabama’s most popular half-mile stretch of public beachfront. This area also is undergoing $15 million in renovations and city officials want to keep it looking nice. So, in June, city officials adopted a wide-ranging list of regulations that included an Alabama first: The public beachfront became smoke-free. The ban is part of a ...

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First Bancshares to buy Ala. bank, doubles income through acquisitions

The First Bancshares Inc. of Hattiesburg announced Tuesday that it will buy an Alabama bank for $60 million, expanding its footprint in southwest Alabama.  First Bancshares says it will acquire Southwest Banc Shares Inc. of Chatom, Ala., paying $36 million in stock and $24 million in cash. The Mississippi bank seeks to sell $45 million in stock, in part to ...

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Ban on out-of-state flocks issued, but no new avian flu outbreaks reported

By JACK WEATHERLY Dr. Jim Watson, state veterinarian with the Mississippi Board of Animal Health, said the state is implementing new measures at poultry sales and exhibitions because of the outbreaks of avian flu in the Southeast. “No poultry — including chickens, ducks, turkeys, quail, pheasants and pea fowl– are allowed from Alabama, Tennessee, Kentucky or Georgia because of their ...

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Firm to partially reimburse customers for investment losses

The Mississippi secretary of state says investment firm Morgan Stanley will return up to $4.2 million to partially reimburse customers who had “inordinate losses” because a portfolio manager allegedly used high-risk investments for people who hadn’t agreed to them. Secretary of State Delbert Hosemann says the firm agreed to resolve an investigation by the securities division of his office. In ...

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Mississippi in multi-state probe of VW’s bogus emissions tests

By TED CARTER Mississippi has joined more than two dozen other states in investigating whether German car manufacturer Volkswagen used deceptive trade practices to convince consumers that their cars were environmentally friendly, when they weren’t. Attorney General Jim Hood’s office declined to say whether Mississippi joined the multi-state investigation. The office said only that “the nature of this investigation has been ...

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Once vilified, BP now getting credit for gulf tourism boom

ORANGE BEACH, Ala. — With the Memorial Day holiday here, fallout from the oil spill that left Gulf Coast beaches smeared with gooey tar balls and scared away visitors in 2010 is being credited, oddly, with something no one imagined back then: An increase in tourism in the region. Five years after the BP disaster, the petroleum giant that was ...

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Nonprofit buys 170 acres from developer for endangered frogs

A Mississippi environmental nonprofit has bought more than 170 acres of land from a residential development to reforest and protect as critical habitat for the critically endangered Mississippi gopher frog. The Land Trust for the Mississippi Coastal Plain will replant it in longleaf pine as habitat for the burrowing frogs and other rare animals, according to a news release Thursday ...

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