News Minute: Here is the latest Mississippi news from The Associ - WLOX.com - The News for South Mississippi

News Minute: Here is the latest Mississippi news from The Associated Press at 5:40 p.m. CDT

JACKSON, Miss. (AP) - Mississippi's prison system is removing some inmates from county-run jails to save money, but sheriffs are protesting the reductions. Corrections Commissioner Pelicia Hall announced Thursday that the department is moving 400 inmates from regional jails back into state-run prisons. Hall says the department can't afford to pay counties to house the inmates because it didn't receive $3.6 million from the Legislature. Sheriffs say they depend on state revenue to pay for jails.

TUPELO, Miss. (AP) - A Mississippi bank will pay $146 million in stock and cash to buy a Texas bank. Tupelo-based BancorpSouth announced Thursday that it would buy Icon Capital Corp, whose Icon Bank has seven offices and $794 million in assets in the Houston area. BancorpSouth will pay stock valued at $128.3 million, plus $17.5 million in cash. The move will more than double BancorpSouth's presence in Houston. The Mississippi bank purchased another Texas bank and one in Louisiana late last year.

NATCHEZ, Miss. (AP) - Sheriff's deputies in Mississippi have been commended for running into a burning home. The Natchez Democrat reports that Adams County Sheriff Travis Patten called deputies Stephen Karabelen and Kevin Bailey to the county board of supervisors meeting Monday and surprised them by promoting both to the rank of corporal.

OXFORD, Miss. (AP) - Mississippi's governor referred two British businessmen to the University of Mississippi to develop their data analysis company modeled on Cambridge Analytica. The Oxford Eagle reports the company, Big Data Dolphins, has leased space in the university's research park.

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