Today’s Business News

Port Seeks Bids on Intermodal Project

PASCAGOULA, MS (AP) — The Port of Pascagoula is seeking construction bids on the first phase of a $44 million intermodal improvement project.          The project will relocate the downtown Pascagoula railroad interchange and build a wood pellet export terminal…

Oilfield Services Company Locating in Mississippi

SUMMIT, MS (AP) — A Houston oil-field services company is locating a new facility in Summit, Mississippi, that will warehouse and eventually manufacture drilling fluids for oil drillers in the Tuscaloosa Marine Shale formation.          Newpark Drilling Fluids officials say…

Airline Stocks Tumble on Fresh Ebola Fears

         Airline stocks are tumbling after news that the second health worker to be diagnosed with Ebola flew on a commercial flight the night before reporting a fever.          Shares of the major U.S. airlines were down between 4 percent…

Wal-Mart Scales Back US Store Growth

NEW YORK (AP) — Wal-Mart Stores Inc. plans to dramatically scale back expansion of its U.S. supercenters next year, while investing more in e-commerce.          The company also is conducting a major review of its U.S. Wal-Mart business and will…

Supreme Court Weighs Generic Drug Dispute

WASHINGTON (AP) — The U.S. Supreme Court seems divided as it considers a high-stakes patent dispute between rival pharmaceutical companies over the world's best-selling multiple sclerosis treatment.          Justices heard arguments Wednesday in a case that threatens to cut into…

Louisiana Tax Amnesty Program Opens Wednesday

BATON ROUGE (AP) — Delinquent taxpayers can start filing their applications for Louisiana's latest tax amnesty period.          The amnesty runs from Wednesday through Nov. 14, allowing people to settle state tax debts with half the interest they would otherwise…

Harrison Named New Orleans Police Superintendent

NEW ORLEANS (AP) — After spending the last eight weeks as interim chief, Mayor Mitch Landrieu has officially named Michael Harrison the New Orleans police superintendent.          Jonathan Bullington with The Times-Picayune reports the mayor made the announcement Tuesday.         …

Bridge Work Will Force I-10 Lane Closures

SLIDELL, LA (AP) — The Louisiana Department of Transportation and Development says in a news release that work to repair expansion joints on the Interstate 10 Bridge over the Pearl River at the Louisiana-Mississippi line will require lane closures for…

Avalon Rare Metals Not Building Geismar Plant

BATON ROUGE (AP) — Avalon Rare Metals, which announced plans to build a $300 million rare earth elements separation plant and refinery in Geismar two years ago, has decided against building the Ascension Parish facility.          Company officials say Avalon's…

FDA: Little Evidence to Drop Chantix Boxed Warning

WASHINGTON (AP) — Federal regulators say Pfizer has provided low-quality evidence to support its request to remove a bold-letter warning from its anti-smoking drug Chantix about suicidal behavior.          The twice-a-day tablet has carried the Food and Drug Administration's strongest…