SuperTalk FM
ExxonMobile to acquire Mississippi CO2 operations with $4.9 billion deal
SUMMARY: ExxonMobil has agreed to purchase Denbury Inc., a carbon solutions company with facilities in Mississippi, in a $4.9 billion deal. The acquisition will give ExxonMobil the largest carbon dioxide pipeline network in the US, as well as ownership of the Jackson Dome, a key underground deposit of carbon dioxide. The move is part of ExxonMobil's plans to transition into a clean energy provider and expand its low carbon solutions business.
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SuperTalk FM
Salesman pleads guilty to defrauding 100 Mississippi schools over football equipment
SUMMARY: Former salesman Charles Ferrell Trimm has pleaded guilty to participating in two bid-rigging conspiracies under the Sherman Act and one wire fraud conspiracy, targeting over 100 schools in Mississippi. Trimm, who worked with Riddell and others, manipulated bids for school football equipment from August 2020 to July 2023. Their scheme involved submitting coordinated bids and misusing an individual's identity. The U.S. Attorney emphasized the harm to schools through these anti-competitive practices. Trimm could face up to 10 years for the antitrust violation and up to 20 years for wire fraud, including potential fines and restitution. The case is part of a larger antitrust investigation into school sports equipment by the FBI.
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SuperTalk FM
Delta State president proposes cutting budget along with multiple departments
SUMMARY: Delta State University President, Dr. Dan Ennis, announced significant budget reductions and department closures to address the university's financial difficulties. Despite a 20-year high in freshman retention, Delta State is facing spending and revenue imbalances caused by declining enrollment. The plan includes $6.1 million in budget cuts by FY25 and additional savings by FY27. The university will discontinue low-enrollment programs, consolidating 21 majors into four new degrees and restructuring existing colleges. Only 8% of students will be affected, with personalized academic plans to minimize disruptions. Approval from the Mississippi Institutions of Higher Learning and the accrediting body is pending.
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SuperTalk FM
Southern Miss AD Jeremy McClain appointed to Division I Baseball Committee
SUMMARY: Southern Miss Athletic Director Jeremy McClain has been appointed to the NCAA Division I Baseball Committee. His term will run from September 1, 2024, to August 31, 2028. McClain's responsibilities include selecting, seeding, and bracketing teams for the 64-team NCAA Tournament. He will also oversee general operations of the championship and provide input on sport-specific legislation. McClain's appointment followed a nomination by the Sun Belt Conference, representing a broad range of Division I teams. His goal is to support coaches and student-athletes in promoting college baseball.
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