Business confidence improves
GULFPORT -- Business leaders in South Mississippi are more confident the economy will improve in the coming months, according to the quarterly CEO and Business Owners Confidence Report from the Gulf Coast Business Council Research Foundation.
Confidence was down in the third quarter of 2013 but rebounded for the fourth quarter, said Jack Norris, president of the GCBC. Jackson County executives who replied to the survey were most confident, followed by Hancock and Harrison counties.
AHRC to review Biloxi baseball stadium plans
BILOXI -- Designs for the minor league baseball stadium will go before Biloxi's Architectural and Historical Review Commission on Thursday at 8:30 a.m. at the Community Development Building, Jerry Creel, Biloxi community development director, said in his weekly report.
Along with plans announced this week to restore the Kress building at Vieux Marche into a live entertainment venue, Creel said the "Level Lounge" next to the former JC Penney building is scheduled to open within 30 days.
The Biloxi Planning Commission this week approved a retail strip center next to the Wal-Mart Neighborhood Market on Pass Road, Creel said. He also reported the building plans could be submitted Monday for New Life Parish Center, which will be built just east of Saint Michael's Catholic Church at Point Cadet.
IRS refunds are bigger this year in Mississippi
The IRS said Friday that 15 percent more refunds were already issued this year compared to 2013 figures, and the average federal refund is $3,211, an increase of $190 compared with the same period a year ago. The statistics through Feb. 14 show nearly 95 percent of all returns were filed electronically.
Mississippi taxpayers have seen a three percent increase in refund amounts through Feb. 17 compared to last year, said IRS spokesman Mark Green. Nearly 500,000 electronic tax returns have been filed in the state, which is up 20 percent, and IRS expects about 1.1 of the 1.3 million tax returns in the state to be filed electronically.
G Asset offers $672M for Barnes & Noble stake
NEW YORK -- Investment firm G Asset wants to buy 51 percent of the Barnes & Noble bookstore chain for about $672 million.
The New York company says it will offer $22 per share, 31 percent above the stock's closing price on Thursday.
-- Staff, wire reports