SuperTalk FM
United Furniture selling Mississippi properties following bankruptcy filing
SUMMARY: United Furniture Industries, a furniture company, has entered into an agreement to sell all its properties for $65 million. This comes after Wells Fargo and two other creditors pushed for the company to file for bankruptcy due to its debts of nearly $100 million. Instead of filing for Chapter 7 bankruptcy, the company was allowed to move to Chapter 11 bankruptcy. B. Riley Real Estate has been advising United Furniture throughout the property-selling process. An auction for the properties will be held in July, with property closings expected in late August.
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SuperTalk FM
New leadership coming to Mississippi Republican Party
SUMMARY: Mississippi GOP Chairman Frank Bordeaux is stepping down after a successful four-year term in which the party gained significant ground in local, state, and federal offices. He has endorsed former U.S. Attorney Mike Hurst as his successor to maintain the momentum and continue the party's success. Hurst, who has the support of Governor Tate Reeves, plans to further the state's conservative principles and grow the party. Bordeaux believes Hurst is well-equipped to take over and help the party reach new heights. Former chairman Lucien Smith expects Hurst to maintain the GOP's strong position in Mississippi.
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SuperTalk FM
Investigation finds MDEQ did not racially discriminate against Jackson in funding water systems
SUMMARY: The Mississippi Department of Environmental Quality (MDEQ) has been cleared of allegations of racial discrimination in its funding of water system improvements for Jackson by the EPA. The probe began after the NAACP filed a complaint. MDEQ claimed to have approved loans for Jackson at higher rates than other cities, allocating over $86 million since a 2012 consent decree with the EPA. MDEQ officials and a former employee highlighted significant loan proportions for Jackson's wastewater projects. The EPA did find procedural deficiencies in MDEQ's processes, but MDEQ argues it complies with federal laws. The NAACP still alleges discrimination against Jackson.
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SuperTalk FM
Mississippi accepting applications for program aimed at exploring agricultural opportunities
SUMMARY: The Mississippi Department of Agriculture and Commerce is currently seeking applications for the Federal-State Marketing Improvement Program (FSMIP). Aimed at discovering new market opportunities and enhancing the U.S. agricultural marketing system, the program invites both private and public entities to partner and innovate. Eligible projects must focus on aspects like agricultural product distribution, cooperative development, economic research, and product development. All FSMIP projects require matching non-federal funds or resources and should benefit multiple producers or businesses. Interested parties must submit their applications by 5:00 p.m., May 22.
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