Home » Tag Archives: Madison County

Tag Archives: Madison County

Madison’s Malco to open IMAX Theater on Thursday

Memphis-basedMalco Theatres, a 104 year-old family-owned motion picture exhibition company, announced today that guests visiting the Grandview Cinema in Madison, Mississippi can now enjoy The IMAX Experience® starting December 13 with the release of Jumanji: The Next Level. The new IMAX at Grandview is the first and only commercial IMAX in Mississippi, offering moviegoers a truly immersive cinematic experience and allowing them to enjoy the ...

Read More »

Japanese regulators recommend $22 million fine on Nissan

Japanese securities regulators are recommending that automaker Nissan be fined 2.4 billion yen ($22 million) for under-reporting compensation for its former chairman, Carlos Ghosn. The watchdog, the Securities and Exchange Surveillance Commission, said Tuesday it made the recommendation to the government’s Financial Services Agency over disclosure documents from 2014 through 2017. Nissan Motor Co. said it accepted the penalty and ...

Read More »

Youth a plus for Nissan’s Canton plant with high-tech transformation looming

Automotive expert says plant offers much-needed flexibility By TED CARTER The relatively young age of Nissan’s 16-year-old Canton assembly plant could help insulate it from company plans to cut global manufacturing capacity by 10 percent by spring 2022. The planned capacity reductions coincide with a collapse in operating profits halfway through Nissan’s fiscal year. Some of the blame for the ...

Read More »

SIGN OF SHIFT: $35 million Canton apartment complex under construction in Madison county

By JACK WEATHERLY If one assumes that proximity to the Nissan plant with its 6,500 workers explains the $35 million, 600-unit apartment complex under construction, one would be wrong. Not so, says Hugh Jarratt, staff attorney for the management arm of Lindsey Construction Co. of Fayetteville, Ark. “The bulk of the renters will not be Nissan employees,” Jarratt said of ...

Read More »

HEARTLESS — Couple may be jailed for living in RV after fire gutted home

A Mississippi couple whose home was partially gutted in a fire is now facing fines and jail time for temporarily living in an RV while they dealt with insurance. WAPT-TV reports the couple’s temporary home violated their Madison homeowner’s association code. Pam Navari says they parked the RV in their driveway as they fought their insurance company over the settlement claim amount ...

Read More »

Zea Rotisserie to open in Renaissance

By JACK WEATHERLY Zea Rotisserie and Bar will be the first retailer to open in the second phase of the Renaissance at Colony Park. The restaurant will open Nov. 20 and will be the 10th in the New Orleans-based chain and the first in Mississippi. As the name suggests, the eatery will feature rotisserie-cooked meats, along with grilled ribs and roasted ...

Read More »

Scandal-hit Nissan’s profits crash amid lower global sales

Japanese automaker Nissan reported Tuesday that its July-September profit tumbled to half of what it earned the year before as sales and brand power crumbled following the arrest of its former chairman, Carlos Ghosn. Yokohama-based Nissan Motor Co.’s fiscal second quarter profit totaled 59 billion yen ($541 million), down from 130 billion yen in 2018. Quarterly sales slipped nearly 7% ...

Read More »

Nissan names head of China business to be new CEO

Nissan has tapped the head of its China business, Makoto Uchida, as its new president and chief executive, to help lead a recovery from the leadership crisis and sinking profitability that followed the arrest of its former chairman, Carlos Ghosn, last year. Uchida is replacing Hiroto Saikawa, who resigned after acknowledging receiving dubious income. The Japanese automaker announced Uchida’s appointment ...

Read More »

Work underway on Costco station while suit is pending

By JACK WEATHERLY The question: will Costco Wholesale proceed with construction of the 150,000-square-foot store in Ridgeland without building a fueling station? The city of Ridgeland has now gotten court clearance to build the so-called “third phase” of the Renaissance Colony Parkway mall, which would be anchored by Costco. The Mississippi Supreme Court ruled 7-0 in April 2017 in a ...

Read More »

Work to upgrade Northpark theater starts; Rainbow Co-op reopens in mall

By JACK WEATHERLY Work to transform the former UA Northpark 14 into a multi-screen theater with a bar area and power recliners began Tuesday. The Northpark Mall bought the theater in September 2018 and began weighing options for best use of the property. It decided that an updated theater was the best option. United Development of Southlake, Texas, which had ...

Read More »