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Tag Archives: Business

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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UPDATE — Ashley Furniture invests $25 million, will add 100 jobs at Ecru

By JACK WEATHERLY Ashley Furniture is expanding operations at its stationary upholstery manufacturing and regional distribution center in Ecru. The project is a $25 million corporate investment and will create 100 jobs. “Northeast Mississippi’s furniture industry is a strong economic driver throughout the region, employing thousands of Mississippians – many of whom are employed at Ashley Furniture,” Gov. Phil Bryant ...

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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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Nearly $9M of Mississippi Lottery tickets sold in 1st days

The Mississippi Lottery sold nearly $9 million in tickets during its first six days of operation. About $3.8 million of the money was awarded in prizes, and nearly $2 million of it will go into the state budget to help pay for roads and bridges. The Mississippi Lottery Corporation started selling tickets Nov. 25, and it announced the initial sales ...

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Huawei asks court to throw out US telecom funds ban

SHENZHEN, China — Chinese tech giant Huawei is asking a U.S. federal court to throw out a rule that bars rural phone carriers from using government money to purchase its equipment on security grounds. The lawsuit announced Thursday is Huawei Technologies Ltd.’s second legal challenge this year to Trump administration efforts to reduce its already minimal U.S. market presence. The ...

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France shuts down: Mass strike hits trains, Eiffel Tower

PARIS — The Eiffel Tower shut down, France’s vaunted high-speed trains stood still and several thousand people protested in Paris as unions launched open-ended, nationwide strikes Thursday over the government’s plan to overhaul the retirement system. Paris authorities barricaded the presidential palace and deployed 6,000 police as activists – many in yellow vests representing France’s year-old movement for economic justice ...

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Mississippi teenager fatally shot in head while driving

Paramedics responding to a crash on a Mississippi highway discovered the teenage driver of the car had been shot in the head. Jauan Tolbert, 19, died on Tuesday from wounds sustained after being shot while driving on Interstate 55, Sgt. Roderick Holmes said in a Jackson Police Department statement. Tolbert was driving northbound around 1 a.m. on Monday when he ...

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Season’s greetings at Sears: Dingy shops, sparse shelves

Nearly 10 months out of bankruptcy, Sears is limping into the holiday shopping season. Eddie Lampert, the hedge fund billionaire who promised to save 425 Sears and Kmart stores and roughly 45,000 jobs when he bought the company out of bankruptcy, has seen his $5.2 billion lifeline wither. While there were plans for new small stores centered on appliances, only three have ...

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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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Former clerk pleads guilty to taking more than $100,000

A former Hancock County Justice Court employee is pleading guilty to two counts of embezzlement after investigators found she stole more than $100,000. Local news outlets report Dana Sue Beaman pleaded guilty Monday in Hancock County Circuit Court. The state auditor’s office found Beaman took more than $110,000 over three years she worked for the court. The inquiry began after ...

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