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Can ping-pong help you hire better employees?
For the most part, it was a typical job interview. Ryan Lewis, a Belmont University student applying for an internship at Brentwood-based Technology Advice, answered typical questions about strengths, weaknesses, experience, etc. Then at the end of the interview, he was asked to play ping-pong. The Tennessean
Submitted 3 years 2 days ago

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Could Obamacare Be Working?
Health insurer WellPoint Inc. (NYSE: WLP) raised its earnings outlook for the 2014 fiscal year Friday morning, based on an estimate that the company will add 1 million to 1.3 million new members to its rolls. The company had previously forecast earnings per share of “greater than $8.00″ and raised that estimate to “greater than $8.20.” The new estimate is moving closer to the current consensus estimate of $8.38. 247wallst.com
Submitted 3 years 2 days ago

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Six of the Nine Cities Where Wealth Is Soaring Are Southern
The United States is still slowly recovering from the recession, and incomes across the nation have declined in recent years. Nationwide, median household income was $51,771 a year during the three-year period of 2010 to 2012, a decline of 5.8% compared with the previous three-year period of 2007 to 2009, when the U.S. median household income was $54,951 a year. 247wallst.com
Submitted 3 years 2 days ago

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Which airline carried the most passengers last year? Hint: it's based in Atlanta.
Delta Air Lines carried the most passengers on domestic and international flights in 2013 for the fourth year in a row, according to the U.S. Department of Transportation. South Florida Business Journal
Submitted 3 years 2 days ago

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Why TN lawmakers may revisit wine in grocery stores
Gov. Bill Haslam signed legislation Thursday that will allow grocery stores to sell wine in beginning in 2016 — but don't be surprised if what has been a perennial issue returns to the Legislature next session. Memphis Business Journal
Submitted 3 years 2 days ago

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Companies compete for offshore leases
Oil and gas companies put up more than $800 million in winning bids for about 1.7 million acres in the Gulf of Mexico, signaling interest in the future of local offshore oil as onshore plays continue to boom elsewhere. houmatoday.com
Submitted 3 years 2 days ago

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Map: Where Americans Are Generous Tippers, AR, NC Among the Highest
Visitors to the U.S. are often mystified about the “right” amount to tip for service, and it turns out Americans don’t agree too much either. An analysis of tens of millions of transactions across the US by payment service Square revealed that, when customers left a tip, Alaska (17 percent), Arkansas (16.9 percent), and North Carolina (16.8 percent) registered the three highest average tips for any US state. The Atlantic
Submitted 3 years 2 days ago

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Honda celebrates production of its 20 millionth vehicle in the U.S.
LINCOLN, Alabama -- Honda's Alabama workers helped the company celebrate a milestone today: its 20 millionth vehicle built in the U.S. AL.com
Submitted 3 years 2 days ago

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Reshoring and its potential effect on the Mississippi River Delta region
Reshoring manufacturing capacity primarily from Asia to the South and Mexico has become commonplace, and it's all about money. When China joined the World Trade Organization in 2001, the average manufacturing wage in China's Pearl River Delta (PRD) was about 58 cents an hour. Offshoring had been going on for about seven years by 2001, but China joining the WTO made offshoring legitimate to many North American manufacturers who had not relocated plants to Asia. Almost overnight, a herd mentality took over, taking manufacturing capacity to the Pearl River Delta in China and elsewhere in Asia. Southern Business & Development
Submitted 3 years 3 days ago

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James Carville pushes experts to create new industry
NEW ORLEANS — Political commentator James Carville challenged more than 1,000 scientists, engineers, public officials, environmentalists and others to look at the state's eroding coast as an opportunity to build a new water resources industry. Carville opened the annual State of the Coast conference Tuesday in New Orleans. "Why can't we be known, beyond our music, beyond our food, beyond our Mardi Gras, for our engineering expertise, for how to live with water?" Carville said. He compared Louisiana's situation — struggling to respond to the effects of coastal erosion — with that of the Netherlands, whose engineering and scientific communities became world renowned for their responses to flooding threats in that country. Shreveport Times
Submitted 3 years 3 days ago

 

 

Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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