Business

Obama proposing $478 billion public works program in budget

By JIM KUHNHENN and MARTIN CRUTSINGER WASHINGTON (AP) — The $4 trillion budget that President Barack Obama sends Congress on Monday proposes higher taxes on wealthier Americans and corporations, and an ambitious $478 billion public works program for […]

Business

BP to sell part of its Gulf of Mexico stake to Chevron

NEW YORK (AP) — BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop […]

Business

December Mississippi jobless rate dips, still worst among states

JACKSON, Mississippi (AP) — Mississippi’s jobless rate dipped slightly in December, but the state continues to have the highest unemployment rate of any state nationwide. The jobless rate fell to 7.2 percent, down from 7.3 […]

Business

SBA offers disaster assistance to Marion, other counties damaged by tornadoes

JACKSON, Mississippi (AP) — The U.S. Small Business Administration has approved Gov. Phil Bryant’s request for disaster assistance in Marion County. Officials say residents, businesses and non-profit groups affected by severe storms and tornadoes that […]

Business

Frozen sandwich maker to hire 200 for plant near Tupelo

SHANNON, Mississippi (AP) — A California company will soon be making sandwiches in a former meat processing factory near Tupelo. Raybern Foods plans to invest more than $10 million and hire 200 people to make […]