Afraid of looking like a world-class ingrate, AIG on Wednesday decided against suing the federal government over the $182 billion bailout that saved the giant insurance company from collapse.
Jack Lew, President Barack Obama's nominee for treasury secretary, is a premier federal budget expert who would take the helm of the government's main agency for economic and fiscal policy just as the administration girds itself for a new confrontation with congressional Republicans over the nation's debt and deficits.
Burr & Forman LLP Birmingham partner, Jason Woodard will be sworn into office on January 16, 2013 as a bankruptcy judge in the U.S. Bankruptcy Court for the Northern District of Mississippi.
Food service equipment maker Middleby Corp. has bought Mississippi-based oven and kitchen appliance maker Viking Range Corp. for $380 million.
The average number of people seeking U.S. unemployment benefits over the past month fell to the lowest level since March 2008, a sign that the job market is healing.
U.S. consumers peering over the "fiscal cliff" don't like what they see. Fears of sharp tax increases and government spending cuts set to take effect next week sent consumer confidence tumbling in December to its lowest level since August.
Shipments of products as varied as flat-screen TVs, sneakers and snow shovels could sit idle at sea or get rerouted, at great time and expense, if more than 14,000 longshoremen go on strike as threatened -- a wide-ranging work stoppage that would immediately close cargo ports on the East Coast and the Gulf of Mexico to container ships.
Andrew Neitlich is the last person you'd expect to be rattled by the stock market. He once worked as a financial analyst picking stocks for a mutual fund. He has huddled with dozens of CEOs in his current career as an executive coach. During the dot-com crash 12 years ago, he kept his wits and did not sell. But he's selling now.
With a proposed payout of more than $1 billion, one major chapter of a nearly four-year legal saga that left Toyota Motor Corp. fighting hundreds of lawsuits and struggling with a tarnished image has ended, though another remains.
Melanie Ford, health sciences and medical professions teacher at McKellar Technology Center, was named the 2012-2013 Columbus Municipal School District Teacher of the Year.
For the stock market, this week hasn't been the most wonderful time of the year. U.S. stocks fell Wednesday for the third trading day in a row. Disappointing holiday sales weighed heavy on retail companies, and the unwelcome "fiscal cliff" package of higher taxes and lower government spending loomed nearer.
Bargain-hungry Americans will need to go on a post-Christmas spending binge to salvage this holiday shopping season.
Cadence Bank announces the promotion of Donna Rupp to vice president, corporate marketing officer, where she oversees the marketing functions for several of the bank's key lines of business: treasury management, specialized industries and wealth services.
Cadence Bank names Andrew Haftek as a commercial banker and vice president for its Columbus Banking Center.
The 2012 recipient of the American Council of Engineering Companies -- Mississippi (ACEC/MS) Teddy Roosevelt Award is Hibbett Neel, president of Neel-Schaffer, Inc., which he co-founded in 1983.
1. Councilman Turner sues mayor, city COLUMBUS & LOWNDES COUNTY
2. Starkville moms embark on project that looks through the lens of autism STARKVILLE & OKTIBBEHA COUNTY
5. CPD investigates northside shooting COLUMBUS & LOWNDES COUNTY