By Dennis Seid Daily Journal A retail center that is being built to replace one destroyed by last year’s tornado in Tupelo will include Shipley’s Do-Nuts. It will be the third location for the popular sweet shop, joining stores on Cliff Gookin Boulevard and on South Gloster Street. Dan Ballard, whose L-shaped building on the […]

By Christopher S. Rugaber AP Economics Writer WASHINGTON – U.S. unemployment fell to a seven-year low of 5.3 percent and employers hired at a solid pace in June, but other gauges of the job market drew a bleaker picture: A wave of people stopped looking for work, and paychecks failed to budge. The figures released […]

By Kevin McGill and Rebecca Santana Associated Press NEW ORLEANS – BP and five Gulf states announced a record $18.7 billion settlement Thursday that resolves years of legal fighting over the environmental and economic damage done by the energy giant’s oil spill in 2010. The settlement will likely mark the end of major litigation against […]

By Dennis Seid Daily Journal TUPELO – The Fourth of July holiday weekend kicks off the busiest half of the year for retailing, and Americans are opening their wallets and their stomachs. The National Retail Federation expects 156 million people to take part in the Independence Day holiday by attending a cookout, picnic or barbecue, […]

3W75_renasantlogo.jpg

By Dennis Seid Daily Journal TUPELO – Renasant Corp. officially completed the largest merger in its 111-year history, acquiring Heritage Financial Group Inc. of Albany, Georgia, on Wednesday. The merger, which absorbs HeritageBank of the South into Renasant Bank, is valued at more than $250 million. Renasant’s biggest merger before the Heritage deal was its […]

By Dennis Seid Daily Journal TUPELO – Outdoor sports wear and apparel have long been staples at Reed’s, the department store founded in Tupelo 110 years ago. So it was only natural for the retailer to expand into outdoor gear. Core Cycle + Outdoor has been open about two weeks on McCullough Bouvelvard, a temporary […]

Wire reports TUPELO – BancorpSouth announced late Tuesday the extension of its merger agreements with Central Community Corp. of Temple, Texas and Ouachita Banchares Corp. of West Monroe, Louisiana. The agreements have been extended to Dec. 31 of this year. The boards of all three banks have approved the mergers, as have the shareholders of […]

Daily Journal reports JACKSON – Officials from Next Gear Solutions, provider of management software for the restoration industry, have announced an expansion of its customer service operations in Oxford. The project represents a corporate investment of $58,800 and will create 60 new jobs. “Mississippi’s economy continues to grow and our economic development efforts continue to […]

By Dennis Seid Daily Journal TUPELO – By this time next year, another Taco Bell will be open in the All-America City. The newest location will be on West Main Street near Sonic, and work will begin on the restaurant once a Taco Bell in Booneville is completed. Franchise owner Phil Little, who also has […]