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Behind Boehner's new tone
Speaker John Boehner thinks he’s learned from his mistakes. After his secret debt negotiations last year with President Barack Obama sparked a sharp round of blowback from conservatives, his leadership and members of his House Republican Conference, Boehner has launched a carefully choreographed campaign on the high-stakes fiscal cliff talks. Politico
Submitted 2 years 233 days ago

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Report: Clean energy job creation down nationwide, up in Texas
Despite an improving economy, the number of new clean energy jobs nationwide has fallen dramatically through the year as uncertainty about the economy, politics and taxes has weighed on the once strong clean energy job growth, according to data released today by the Environmental Entrepreneurs. Dallas Morning News
Submitted 2 years 233 days ago

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Manufacturing companies thrive in America as industry faces 'renaissance'
The United States may have shifted to a postindustrial economy, but that does not mean the manufacturing sector is dead. Far from it. From coast to coast, manufacturers are making more products, but with fewer people, as the sector makes an improbable rebound after a tough recession. NBC News
Submitted 2 years 233 days ago

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Business income tax cut again in Gov. Scott's plans
Florida Gov. Rick Scott will keep pushing in the coming year to cut the state's corporate income tax -- but in a way that may make it hard for him to keep his promise of eliminating the tax entirely. Sarasota Herald Tribune
Submitted 2 years 233 days ago

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Appliance parts plant closing to cut 620 NC jobs
GREENSBORO, N.C. -- About 620 workers will lose their jobs when a North Carolina factory that makes electrical connectors for household appliances shuts down in 2013. It is one of the state's largest announced layoffs this year. A spokesman for Swiss electronics maker TE Connectivity said Thursday the company will shut a Greensboro factory beginning in January. The company said earlier this week tough economic conditions pushed it to generate another $75 million in cost savings from plant closings and other restructuring. News Observer
Submitted 2 years 233 days ago

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Judge in no rush to rule on BP oil spill settlement
BP Plc (NYSE: BP) and lawyers representing victims of the 2010 Gulf of Mexico oil spill might have to wait a little longer for official approval of their class-action settlement. Houston Business Journal
Submitted 2 years 233 days ago

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California pharma PureTek to relo HQ to Atlanta; 200 jobs
A Southern Calif.-based pharmaceutical company plans to relocate its headquarters and manufacturing to metro Atlanta — a move that would create up to 200 jobs. Atlanta Business Chronicle
Submitted 2 years 233 days ago

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For Duke Energy, a daunting 'mission to complete'
Duke Energy CEO Jim Rogers laughed off speculation Thursday that he could become President Barack Obama’s second-term Energy secretary. “Since 1990 people have been trying to promote me out of this (CEO) job to government, and they’ve failed,” he told financial analysts after the Politico news site listed him as a possible candidate. “I have a mission to complete here.” News Observer
Submitted 2 years 233 days ago

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TN to decide on health exchanges next week
Gov. Bill Haslam said his administration will decide whether Tennessee should set up its own health insurance exchanges next week, just ahead of a Nov. 16 deadline set by the federal health care reform law. The Tennessean
Submitted 2 years 233 days ago

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Bentley, other governors discuss looming 'Obamacare' deadline
MONTGOMERY, Alabama -- Gov. Robert Bentley said in July that he wanted to see the post-election "political landscape" before deciding whether Alabama will set up its own health care exchange as required by the Affordable Care Act. al.com
Submitted 2 years 233 days ago

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 Randle Report - Business News in the South

 FEATURE  
By Stacy Randle
Demographer Wendell Cox recently analyzed the largest gains in holders of bachelor's and post-graduate degrees between 2007 and 2012 in the 51 metro regions in the U.S. of 1 million residents or more. The results were published in Forbes magazine and the South dominated the ranking.
 

 Business News in the South - Randle Report

FEATURE     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 Nashville Mayour Karl Dean
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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