Tagged Articles

Mississippi 377 articles

Regions stock drops in light of arbitration losses

Regions Financial Corp., based in Birmingham, Ala., was on the recent Market Watch list of “notable moves” in the stock market. Unfortunately for the company, it was listed alongside General Motors (GM) on the list of “decliners” after experiencing a 5.9 percent drop in stock value. According to the report, the drop is tied to more losses in arbitration cases related to its Morgan Keegan bond fund unit, which lost $2 billion in risky asset-backed securities. Investors are suing Regions Morgan Keegan, alleging the investments were misrepresented as “safe” funds, when they were in fact tied to the volatile mortgage ... Read More

Brazilian workers sue Gulf Coast shipyard recruiters

If a group of Brazilian workers is believed, some U.S. companies are still practicing a form of indentured servitude. According to a lawsuit filed in U.S. Distrcit Court for the Southern District of Mississippi, a group of Brazilian welders and pipefitters came to the U.S. as temporary H-2B guest workers for American recruiters that provide workers for shipyards. According to the suit, the workers came to this country “on promises of consistent, well compensated work at a reputable shipyard through a regulated U.S. government program.” What looked like an American dream, however, quickly turned into an American nightmare. The suit ... Read More

‘Tom Sawyer’ city cited for underground storage tank violations

The city of Hannibal, Missouri, the boyhood home of author Mark Twain and the setting of his fictional classics The Adventures of Tom Sawyer and Adventures of Huckleberry Finn, has been cited by the Missouri Department of Natural Resources for violations of underground storage tank (UST) regulations. The faulty UST is located at the city’s marina, where it is used to store fuel. Hannibal’s marina and docks, situated on the western edge of the Mississippi River, are an essential part of the historic community, which every year draws thousands of tourists from around the world. Faulty USTs are an enormous ... Read More

Community remembers girl killed in Yamaha Rhino rollover

Lauren Dilworth’s family, friends, schoolmates, and teachers gathered near the entrance of Lewisburg Middle-High School in Lewisburg, Mississippi, to remember the 11-year-old girl who tragically lost her life last October when the Yamaha Rhino ATV she was riding in rolled over. Lauren and her family had moved to DeSoto County from Alabama last June. Lauren attended the school for just a few weeks before the accident occurred in October. According to an article in the DeSoto Times-Tribune, the sixth grade class at Lewisburg sponsored the planting of a red maple in front of the school, and they decided to dedicate ... Read More

Will customers have to pay for TVA’s coal ash disaster?

The Tennessee Valley Authority (TVA) may turn to its residential customer base to help pay for the escalating costs to clean up the widespread damage caused when one of its coal ash ponds failed last December, pouring more than a billion gallons of toxic ash and sludge onto 300 acres of rural east Tennessee, according to the Jackson Sun. The massive spill is considered one of the worst environmental disasters, destroying homes and damaging property. The toll on wildlife, plant life and, ultimately, human life, is yet to be determined. Cleanup efforts are expected to cost TVA between $525 million ... Read More

Billboards honor rollover victims, promote roof crush awareness

A couple of weeks ago we reported that Paula Lawlor, founder of the nonprofit organization People Safe in Rollovers, was given the honor Consumer Advocate of the Year by Consumer Attorneys of San Diego. A former legal assistant, Lawlor has spent a decade pressuring government and automobile manufacturers to the toughen standards for automobile roof crush resistance. Part of People Safe in Rollovers’ mission is to educate the public about how dangerously weak most car and truck roofs are. Government regulations for minimum roof crush strength are as archaic as they are weak, and few car manufacturers hold themselves to ... Read More

FEMA Trailers Toxic

On May 25, MSNBC reported that investigation continues in cases of illness resulting from FEMA trailers provided to evacuees from 2005’s Hurricane Katrina. Formaldehyde was detected in the travel trailers and mobile homes in unusually high levels, and about 17,000 people are claiming the homes caused illnesses for themselves or loved ones. This report was written by MSNBC’s Spencer S. Hsu. WASHINGTON – Within days of Hurricane Katrina’s landfall in August 2005, frantic officials at the Federal Emergency Management Agency ordered nearly $2.7 billion worth of trailers and mobile homes to house the storm’s victims, many of them using a ... Read More