Veteran U.S. Senator Thad Cochran of Mississippi narrowly defeated challenger Chris McDaniel in a runoff election.» Read More
WASHINGTON— In a story July 29 about consumer debt reported to collection agencies, The Associated Press erroneously indicated that 80 percent of Americans have no debt on file. The study released Tuesday by the Urban Institute found that 20 percent of Americans with credit records have no debt on file.
WASHINGTON— More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.
Omega Protein spokesman Ben Landry said it happened about 9:30 a.m. while employees of a subcontractor were working on two storage tanks and one of the tanks blew up. Jackson County Coroner Vicki Broadus identified the dead worker as Jerry Lee Taylor II, 25, of Mobile, Alabama. Injured were Josh Walls, 34, of Escatawpa; Clay Davis, 40; and Lloyd McGill of Gautier.
NATCHEZ, Miss.— Great River Industries will expand in Natchez, Miss. and move its corporate headquarters there from Memphis, Tennessee, creating 25 jobs. Great River Industries makes storage tanks and industrial pressure vessels from steel plate.
JACKSON, Miss.— Mississippi merchants and shoppers are gearing up for the fifth annual back-to-school sales tax holiday. Mississippi's sales tax holiday starts Friday at 12:01 a.m. and ends Saturday at midnight. As in previous years, shoppers can save 7 percent on certain clothes and shoes that cost $100 or less per item.
JACKSON, Miss.— Gambling revenues tumbled in Mississippi's river region in the first month after Harrah's Tunica Hotel& Casino closed, but the overall downward trend didn't worsen much. Meanwhile, Gulf Coast casinos posted their best June in years, winning enough that overall state casino revenues actually rose from June 2013, though by less than 1 percent.
New Mexico, Nevada, Louisiana and Arizona round out the bottom five states. Tennessee was one of five states that showed the biggest improvements in the last year, moving from 39th to 36th. In education, a focus of major reform in Tennessee the last few years, the state improved from 42nd to 37th.
Microsoft makes design central to its future. Before Ralf Groene helped devise the look and feel of Microsoft's Surface tablet, he designed food— or "food concepts," he says, such as dried noodles that come wrapped around a pair of chopsticks and a fork that squeezes out sauce.
JACKSON, Miss.— Company officials say Mississippi's Margaritaville Casino& Restaurant will close on or before Sept. 19. The company reported 359 employees to the Mississippi Gaming Commission at the end of March. The casino opened in May 2012 and is the newest of 12 along Mississippi's Gulf Coast.
NEW YORK— Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Steel Dynamics Inc. said Monday that it will pay about $1.63 billion for Severstal Columbus, which is located in northeast Mississippi.
The anti-tax Club for Growth Action last month had its second best fundraising haul this election cycle as it raised money to pour into Chris McDaniel's bid to deny incumbent Republican Thad Cochran a seventh term in the Senate.
RENO, Nev.— A Utah company's cancellation of an annual fun run featuring a muddy, foamy obstacle course has left participants out of money in Nevada, Oregon and other states. Registered runners for the 5 K Foam Fest set for Aug. 2 in Reno received an email Thursday from Spanish Fork, Utah- based Round House Racing saying it went out of business and the event was canceled.
ATLANTIC CITY, N.J.— The rapid disintegration of Atlantic City's casino market might be an early indicator of what could happen in other parts of the country that have too many casinos and not enough gamblers. James Whelan, a former Atlantic City mayor.
LONDON, July 10- Fossil fuels will remain an indispensable part of the global energy supply for at least the next 50 years, so a means must be found to burn them without pumping carbon dioxide into the atmosphere.
July 9- State Street Corp has reached $70 million in settlements to end three lawsuits claiming it inflated its share price by overcharging clients on foreign exchange services and falsely representing that its investments in mortgage-backed securities were safe.
*California is one of the biggest markets in U.S. for Honda. *Move comes after Honda learned of air bag incident in California. "While this case does not match the areas that NHTSA has determined, Honda is adding California into the areas in which it is conducting a regional recall in order to investigate the cause," the Honda spokeswoman said.
July 1- Lockheed Martin Corp, Pentagon's biggest defense supplier, said it will move existing employees to a defined-contribution retirement plan by Jan.1, 2020, becoming the latest company to freeze its expensive defined-benefit pension plan.
A three-judge panel of the 6th U.S. Circuit Court of Appeals in Cincinnati rejected claims in 67 of the cases. Among the defendants in the various cases were Eli Lilly& Co, which won regulatory approval for Darvon in 1957 and Darvocet in 1972, and generic drug makers such as Mylan Inc and Teva Pharmaceutical Industries Ltd..
*Takata CEO says still examining recall costs- shareholder. TOKYO, June 26- Japanese auto parts maker Takata Corp could face a $500 million charge and a net loss this year- its second in three years- as a widening recall of air bag inflators begins to kindle worries despite its deep pockets.
These states have made the biggest gains since the Great Recession by reforming regulations and offering incentives to attract investment.