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Hotel Owner Sentenced in Price Gouging Case
[Verbatim from Attorney General Jim Hood] Jackson, MS-A Jackson hotel owner has been sentenced in a price gouging case investigated and prosecuted by the Attorney General's Office, Division of Consumer Protection. Ibraham K. Khoder, age 60, (address 10713 Hill Tree) owner of the Select 10, 4639 I-55 North Jackson, MS, was cited for misdemeanor Price Gouging on September 1, 2008 during the State of Emergency Declared for Hurricane Gustav. Khoder entered a plea of no contest to the charge yesterday in Hinds County Justice Court. Judge Frank Sutton found him guilty and ordered him to pay a fine of $500, plus restitution to the consumer ($17) and court costs.
297,000-square-foot Distribution Facility Available in Baldwyn, Miss.
* 202,320 square feet -Distribution/Manufacturing
A 297,000-square-foot Distribution / Warehouse / Manufacturing facility is available 20 miles from new Toyota plant in Blue Springs, Miss.:
Create a ‘Club Newsletter' for your Biz or Group
I am surprised when I find a local business or organization—restaurant, retailer, non-profit—that isn't using an email newsletter service to reach their loyal customers and clients. Email newsletters offer a wonderful opportunity to follow up with clients, reminding them of sales, trunk shows, happy hours, bands, giving opportunities and more.
Mississippi Employment Expo on March 17
If you're looking for a job, save the date: Tuesday, March 17, 2009 is the Mississippi Employment Expo at the Trademart in Jackson, from 9 a.m. until 2 p.m. WAPT reports that 96 employers are signed up so far, with more expected. The event is free, but get there early: organizers expect to double last year's attendance of 3,000 people.
Afrika Book Café
Last month, Tawanna and Rico Chapman, who previously owned African bookstores on Bailey and Ellis avenues, opened Afrika Book Café, creating a new cultural venue in Fondren. The shop sells books, clothing, fragrances and refreshments.
Gannett To Cut Another 10 Percent in December
On Tuesday, Gannett Company, the corporate parent of the Clarion-Ledger, announced sharply lower earnings and their intention to lay off another 10 percent of their Newspaper division workforce in early December. The layoffs come just months after another round of layoffs affected 3 percent of employees in August.
NAFTA Tribunals Stir U.S., Mississippi Worries
More NAFTA woes ... New York Times reports today: "Any Canadian or Mexican business that contends it has been treated unjustly by the American judicial system can file a similar claim. American businesses with similar complaints about Canadian or Mexican court judgments can do the same. Under the Nafta agreement the government whose court system is challenged is responsible for awards by the tribunals. 'This is the biggest threat to United States judicial independence that no one has heard of and even fewer people understand,' said John D. Echeverria, a law professor at Georgetown University.
George Street Once Again
Locals Jason and Shannon Cockrell, owners of Sam's Lounge, are the proud new owners of 416 George Street. They've been renovating the circa 1910 building, which once housed the George Street Grocery, since last October and have renamed it the Ole Tavern on George Street.
12/13 Dow Recovers Nearly Five Percent
Thursday trading saw the Dow careen back up at the close, presumably on bargain hunting and the sense that a Dow of 8,000 (which it reached briefly) is a floor for this bear market. The real story, however, was intraday trading...there were 911 points between the Dow's low and high. It closed up 552 points, it's third greatest point gain in history.
Markets Tumble Another 5 Percent
Fed Chairman Ben Bernanke signaled an interest rate cut and acknowledged long-term challenges to the state of the economy, but it couldn't keep the Dow from losing another 5 percent, the NASDAQ nearly 6 percent and many bank stocks from taking a huge hit. The markets have experienced their worst five-day point drop ever, with the Dow losing nearly 12 percent of its value.
State's First Legal Distillery Opens
Beginning Wednesday, May 19, Mississippi liquor stores will offer a truly local spirit. Cathead Vodka, the first legally distilled spirit in the state, goes on sale this week, after a nearly three-year development process. The corn-based alcohol is a joint venture of Jackson native Austin Evans and Georgia transplant Richard Patrick.
10/16 And, Dow Back Up Again…But Recession Fears Still Loom
The Dow was down as much as 360 points today in intra-day trading but ended up 400 points or nearly 4.7 percent. Some of the rally seemed to be a result of oil prices that have dropped to almost half of their record high earlier in the year; those numbers withdrew some short-term inflationary fears and helped send airline stocks up.
11/6 Markets Down Two Days Running
After losing over 500 points yesterday in the wake of the American presidential election win by Senator Barack Obama, the Dow is down another 440 points in mid-day trading. CNN Money says the sell-off is accelerating on concerns that falling oil prices and problems in the U.S. auto industry will be harbingers for a longer recession.
Peaches Restaurant
Peaches Restaurant has been a soul-food Mecca on Farish Street since Wilora "Peaches" Ephram first opened the doors in 1961. Her son, Roderick Ephram, is proud of the rich history and symbolism his mother's restaurant has in the city of Jackson.
More Bad Economic NewsHuge Job Losses in September
The New York Times is reporting:
Big 3 Bailout Still Contentious
The proposed Congressional bailout of Detroit's Big 3 Automakers is proving to be fraught with landmines of opposing opinion. In today's New York Times, Republican Sen. Mitch McConnell says that the proposed bailout is "deeply flawed":
Stocks Rally After New Treasury Pick Announced
Good news on Wall Street for a change, per Bloomberg:
Coast Ink Embroidery and Screen Print
Where some people see obstacles, Keith Richardson sees opportunities. Originally from Moss Point, Richardson, 28, opened Coast Ink Embroidery and Screen Print with four childhood friends in 2005, after graduating from college the year before.
Entergy Caught with Hand in Louisiana Cookie Jar
[Verbatim, December 23, 2008] Jackson, MS--Attorney General Jim Hood announced today that the Louisiana Public Service Commission (LPSC) has found an Entergy affiliate guilty of the same illegal conduct that is included in his lawsuit recently filed against Entergy Mississippi, Inc.(EMI), Entergy Services, Inc.(ESI), Entergy Power, Inc. (EPI) and Entergy Corporation (Entergy). By order dated December 4, 2008, the LPSC found that Entergy Louisiana, L.L.C. (ELL), an affiliate of the parent company, Entergy Corporation (Entergy), improperly recovered, through its fuel adjustment clause (FAC) non-fuel costs which are prohibited by law, specifically these costs included non-fuel operation and maintenance expenses and "hypothetical SO2 allowance costs" paid to its affiliates. These "hypothetical SO2 allowance costs" were disallowed from present-January 2002.
Hope Community Credit Union Merges with American Savings
[verbatim release] JACKSON, Miss., Jan. 6 /PRNewswire/ -- Hope Community Credit Union (HOPE) and American Savings Credit Union (ASCU) announced today that the two organizations are joining in a merger transaction. The merger became effective January 1.