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Oil-friendly Texas also gives a howdy to renewables
Texas is the third-friendliest state for renewable energy, rising in the biannual Ernst & Young ranking because of improvements to transmission lines that carry wind-generated power across the state. Fuel Fix
Submitted 2 years 251 days ago

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Florida will pay Medicaid docs at new Obamacare rate
Starting Jan. 1, Florida will start paying Medicaid primary care doctors at new, higher rates required by the federal Affordable Care Act, a state spokeswoman said Tuesday. Shelisha Coleman, spokeswoman for the state Agency for Health Care Administration, said some budgetary details need to be worked out with the Legislature and the governor’s office, but there was no question that payments will be made. Miami Herald
Submitted 2 years 251 days ago

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Flying? These 6 tips could ease the way
It’s a busy day-before-Thanksgiving at Charlotte-Douglas International Airport, but no major problems are being reported at mid-morning Wednesday for air travelers. More than 25,000 travelers are expected to fly in and out of the airport today, on the day before Thanksgiving. Charlotte Observer
Submitted 2 years 251 days ago

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Steffy: Indictments create new worries for offshore workers
The heliport in Houma, La., is much like other airports this time of year. Travelers bustle about the terminal, checking bags and shuffling through metal detectors. Fuel Fix
Submitted 2 years 251 days ago

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Probe looks to “hot work” in fatal offshore fire
WASHINGTON — Initial investigations of the lethal explosion at an oil production platform in the Gulf of Mexico are focusing on the possibility that a torch ignited flammable materials on the site. Fuel Fix
Submitted 2 years 251 days ago

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SEC Championship: The toughest ticket in town
If Georgia fans thought it was difficult for the Bulldogs to play their way into the SEC Championship game, wait until they try to get into the Georgia Dome to watch it. Never easy to come by, seats for the Dec. 1 title game between UGA and Alabama have already become the toughest ticket in town. As longtime UGA season-ticket holder Jeff Solomon found out last year, whether you have a team in the title game or not, scoring a seat is an ordeal. Even some of the most generous benefactors don’t get prime seats. AJC.com
Submitted 2 years 251 days ago

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Texas continued to lead the country in construction job growth in October
Texas continued to lead the country in construction job growth in October. The state added the most new jobs for the 12 months ended Oct. 31 — 46,900 jobs, according to data released today by the Associated General Contractors of America. By percentage, Texas ranked No. 4 with an 8.4 percent gain. Overall, 21 states and Washington, D.C., added construction jobs in the 12 month period, according to the AGCA. Washington, D.C., posted the highest percentage of new construction jobs (15.6 percent or 1,900 jobs), followed by North Dakota (11.8 percent or 3,000 jobs). Among states losing construction jobs in the last 12 months, Delaware lost the highest percentage (11 percent or 2,200 jobs), but New York lost the most jobs (12,800 jobs or 4.1 percent). Dallas Morning News
Submitted 2 years 251 days ago

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University of Tennessee Athletics halts academic donations; money needed to fund coaching change
The University of Tennessee Athletics Department will stop contributing nearly $6 million annually to academic scholarships, fellowships and programs for the next three years, Chancellor Jimmy Cheek announced today. Cheek's announcement comes one day after he said the university had no plan in place to fund a multimillion dollar buyout for head football coach Derek Dooley, who was fired Sunday. In a written statement, Cheek said the money "was committed under different circumstances" and that athletics needs the money to stabilize its own budget in the midst of a football coaching search. Knoxville News-Sentinel
Submitted 2 years 251 days ago

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More on jobs: how is South Carolina beating Alabama?
How did South Carolina get to have more private sector jobs than Alabama? It appears there's one key industry: education and health services. Alabama added 2,200 health and education jobs between October 2011 and the same month this year, the latest job estimates show. But the growth was even stronger in South Carolina, where the state added 7,100 positions. South Carolina also outgrew Alabama in three other industries, according to the latest data: trade, transportation, and utilities; leisure and hospitality; and financial activities. al.com
Submitted 2 years 251 days ago

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Miss. jobless rate down to 8.9 percent in October
Mississippi's unemployment rate dropped slightly to 8.9 percent in October, down 1.3 percent from September. The report from the Bureau of Labor Statistics showed Tuesday that 4,300 more people were employed in October than September. Mississippi had a 9.2 percent jobless rate in September and a 10.7 percent rate in October 2011. The number of unemployed people fell to about 119,500 in October from 123,000 in September. Clarion-Ledger
Submitted 2 years 251 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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