McDermott will present State of City
PASS CHRISTIAN -- Mayor Leo "Chipper" McDermott will deliver his State of the City address Tuesday during Breakfast with the Mayor.
Doors will open at 7:30 a.m. and the program will begin at 8 a.m. at Pass Christian Isles Golf Club, 150 Country Club Drive.
The event is presented by the Pass Christian Chamber of Commerce and tickets are $10 per person.
RSVP: 604-0014 or Jenny@mscoastchamber.com
Local tax office assisting dog rescue group
D'IBERVILLE -- The H&R Block office on Sangani Boulevard is sponsoring a Tired Dog Rescue supply drive and dog adoption drive March 8.
The drive will be 10 a.m. to 3 p.m. behind the Outback restaurant on Sangani Boulevard. Target Dog Rescue will accept donations such as Purina Pro Plan dog food, Nylabones and dog beds. Terry Maguire-Casillas, president of the rescue, will speak to anyone interested in adopting or fostering dogs for the organization, which took in 20 dogs in the last six weeks and is at capacity.
Food-stamp cuts, weather hinder Wal-Mart profit
Wal-Mart Stores reported disappointing earnings for its fourth quarter and fiscal year, as the giant retailer faced domestic and international headwinds.
The company announced Thursday profit in the fourth quarter, which included the pivotal holiday shopping season, was down 21 percent over the same period last year. Sales at U.S. stores open for at least a year were down 0.4 percent, and traffic in those locations declined 1.7 percent.
Excluding certain one-time costs, such as store closures in Brazil and China, the company came in at the low end of its guidance.
William Simon, the chief executive of Wal-Mart U.S., said cuts to the federal Supplemental Nutrition Assistance Program, or food stamps, had crimped the company's results, as did the weather.
90-day limit on wait for employer health coverage
WASHINGTON -- Employers can't make new hires wait more than 90 days for coverage in the company's health-care plan. The new rule takes effect in 60 days.
The new limit is in government rules that carry out a section of President Barack Obama's health-care Law. The Labor Department issued them Thursday.
The Kaiser Family Foundation said nearly 80 percent of workers face a waiting period before coverage takes effect. Most don't have to wait as long as 90 days. The average wait is under two months, but 30 percent have to wait three months or more.
-- Staff, wire reports