November 24, 2020

Business

Latest Business

Stein Mart files for bankruptcy, Mississippi-founded retailer plans to close stores

National discount department store chain Stein Mart filed for bankruptcy on Wednesday after 112 years in business, and announced that it will close most, if ... Read more

3 months ago by The Associated Press.

Stock market plunges on open amid virus fears, trading halted

Stocks plunged 7% on Wall Street Monday, triggering a trading halt for 15 minutes. The steep drop followed similar falls in Europe after a fight ... Read more

9 months ago by The Associated Press.

Krystal burger

Krystal, South’s iconic square burger maker, files for bankruptcy

Perhaps the South’s most famous small, square hamburger chain, Krystal, has filed for bankruptcy protection citing competition and changing consumer tastes among its biggest challenges. ... Read more

10 months ago by Magnolia State Live.

Amazon says new Mississippi fulfillment center will bring 500 new jobs, starting at $15 per hour

Amazon.com today announced plans for its second Mississippi fulfillment center, to be located in DeSoto County. The facility will create 500 new, full-time jobs starting ... Read more

1 year ago by Magnolia State Live.

Over the top milkshakes in Mississippi bring “Shark Tank” investors to The Yard

One milkshake shop got more than just a nibble from one of the sharks on the hit television show "Shark Tank." Read more

1 year ago by Magnolia State Live.

Mississippi-based bank buys Texas banking group

Mississippi-based BancorpSouth Bank (NYSE: BXS) announced Monday it was purchasing Texas First Bancshares, Inc., the parent company of Texas First State Bank in a deal ... Read more

1 year ago by Magnolia State Live.

Here’s a list of highest-paid CEOs by state (Mississippi’s earned $4.2 million clucks last year)

Here are the top paid CEOs by state for 2018, as calculated by The Associated Press and Equilar, an executive data firm. The survey considered ... Read more

2 years ago by The Associated Press.

It’s good to be boss: American CEOs earned average $800,000 pay raise last year

Did you get a 7% raise last year? Congratulations, yours was in line with what CEOs at the biggest companies got. But for chief executives, ... Read more

2 years ago by The Associated Press.

Plastics company expands Mississippi operation, investing $9.5 million, 50 jobs

A plastics maker is expanding in north Mississippi, investing $9.5 million and hiring 50 workers over four years. United Solutions of Leominster, Massachusetts, announced Tuesday ... Read more

2 years ago by The Associated Press.

Philadelphia-based Citizens bank acquires Coast’s Charter Bank in cash, stock deal

Citizens Holding Company (“Citizens”) (Nasdaq: CIZN), the parent company of The Citizens Bank of Philadelphia (“Citizens Bank”) announced today the signing of a definitive merger ... Read more

2 years ago by Magnolia State Live.

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