Top News & Analysis Mississippi

  • July 12- Valero Energy Corp said on Tuesday it bought Kinder Morgan Inc's 50 percent stake in Parkway Pipeline LLC, previously a joint venture between the two companies. The move will give Valero increased access to the eastern United States by connecting the pipeline to Colonial Pipeline Co's system that runs from Houston to New York Harbor.

  • July 12- Valero Energy Corp bought the remaining 50 percent stake in Parkway Pipeline LLC and said it would gain increased access to eastern United States by connecting the pipeline to Colonial Pipeline Co's Gulf Coast- to-U.S. Parkway Pipeline LLC transports refined products from Valero's St. Charles refinery in Norco, Louisiana to Collins, Mississippi.

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  • July 9- WellCare Health Plans Inc and Centene Corp have made competing offers for the Medicare Advantage insurance plans that Aetna Inc is looking to shed as its seeks clearance for its acquisition of Humana Inc, people familiar with the matter said. WellCare and Centene submitted bids this week for a portfolio of Aetna's Medicare Advantage plans that covers...

  • NEW YORK, June 30- When New York and California became the first states to lift the minimum hourly wage towards $15 earlier this year, New York state adopted a two-speed system that makes it a perfect testing ground for both advocates and opponents of government mandated pay hikes. While California set a state-wide schedule of reaching the $15 level by 2022, New...

  • WASHINGTON, June 29- BancorpSouth Inc has agreed to pay $10.6 million to settle civil charges that it discriminated against African-American prospective home buyers in the Memphis area as well as in parts of neighboring Mississippi and Arkansas, the U.S. government said on Wednesday. The U.S. Justice Department and Consumer Financial Protection Bureau said...

  • WASHINGTON, June 29- BancorpSouth Inc has agreed to pay $10.6 million to settle civil charges that it discriminated against African-American prospective home buyers in the Memphis area as well as in parts of neighboring Mississippi and Arkansas, the U.S. government said on Wednesday. The U.S. Justice Department and Consumer Financial Protection Bureau said...

  • The U.S. Justice Department and Consumer Financial Protection Bureau said in a court filing that the Mississippi- based bank turned down black home buyers more often than similar white applicants, or charged them higher rates to borrow under a policy they described as "explicitly discriminatory."

  • CALGARY, Alberta/ HOUSTON, June 28- At least two offshore oil platforms halted operations on Tuesday in the U.S. Gulf of Mexico after a fire at a natural gas processing plant in Mississippi shut a crucial pipeline that brings output onshore, several companies said. The fire at the Enterprise Products Partners LP plant in Pascagoula was brought under control, but...

  • The deal has also won antitrust approval in Europe and Brazil. The two companies account for 60 percent of beverage can supply in North America, 69 percent in Europe and 74 percent in Brazil, according to Morningstar analysts. European packaging maker Ardagh Group has agreed to buy divested assets for $3.42 billion, including 12 plants in Europe, eight in the...

  • Gulf of Mexico after a fire at a natural gas processing plant in Mississippi shut a crucial pipeline that brings output onshore, several companies said. The fire at Enterprise Products Partners plant in Pascagoula was brought under control, but officials were still forced to close the 225- mile Destin gas pipeline system that can carry 1.2 billion cubic feet...

  • HOUSTON, June 28- Firefighters in Pascagoula, Mississippi were monitoring a dwindling fire at an Enterprise Products Partners natural gas processing plant on Tuesday morning, the company said. Several social media messages from Pascagoula residents had said the blaze erupted shortly before midnight at Chevron Corp's 330,000 barrels per day refinery in...

  • June 28- The battle over abortion was expected to shift to measures focusing on the fetus in the wake of the U.S. Supreme Court's decision striking down a Texas law enacted in the name of maternal health. The 5-3 ruling held that Texas clinic regulations put an undue burden on women seeking abortion, a right established in the court's landmark 1973 Roe v.

  • June 27- The battle over abortion was expected to shift to measures focusing on the fetus in the wake of the U.S. Supreme Court's decision striking down a Texas law enacted in the name of maternal health. The 5-3 ruling held that Texas clinic regulations put an undue burden on women seeking abortion, a right established in the court's landmark 1973 Roe v.

  • *Companies trim more than $1 billion in debt. NEW YORK, June 9- Cash-strapped U.S. oil and gas companies, including No. 2 natural gas producer Chesapeake Energy Corp, are expected to cut their debt piles this year as a long-awaited rise in the price of oil persuades investors to swap bonds for stock. The companies are still bleeding cash even as oil has partly rebounded...

  • June 2- U.S. vehicle owners will find some answers to their questions about the ongoing- and still growing- recalls of millions of cars with defective Takata air bag inflators:. Q: If the U.S. National Highway Traffic Safety Administration has determined that the air bags in my vehicle are at risk of rupturing, why hasn't my vehicle been recalled?