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U.S. Imposes Anti-Dumping Duties on Chinese Solar Imports
The U.S. Commerce Department imposed tariffs of 31 percent to 250 percent on imports of Chinese solar products after companies including SolarWorld AG (SWV)’s U.S. unit accused them of setting prices below the cost of production. The agency announced the action today in an e-mailed statement, adding to duties imposed earlier as much as 4.73 percent for receiving unfair subsidies from the Chinese government. SolarWorld had asked for levies of more than 100 percent. Before the decision, Aaron Chew, a New York-based analyst at Maxim Group LLC, said anything more than 10 percent would be considered a victory for the U.S. companies. Bloomberg
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Nashville-based Nissan wants Toyota's crown
FORTUNE -- Nissan Motor Co. is betting its new Altima will be the ultimate weapon in its battle to top rival Toyota in the hard-fought market for family sedans. The fifth generation Altima began U.S. production on Tuesday, May 15 and goes on sale in U.S. dealerships this summer. It has a shot at becoming the most popular sedan in the U.S., having already passed Honda's Accord in sales. Now the company hopes it will out-sell Toyota's No. 1 Camry within a year. Nissan, long renowned for excellent engineering, is working hard to overcome a legacy of uninspired marketing that hasn't made much of a dent in Toyota's and Honda's sales. Nissan long made well-regarded vehicles that had difficulty reaching the front ranks of consumer awareness. Fortune
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Toyota plans to expand Huntsville engine plant with a new building, 125 jobs
HUNTSVILLE, Alabama -- Toyota plans to expand its Huntsville engine plant again with a new 300,000-square-foot building that will increase the company's North American production of V6 engines. The expansion will mean about 125 new jobs, bringing employment at Toyota Motor Manufacturing Alabama to 1,150, according to Toyota. The building now takes in 780,000 square feet. Gov. Robert Bentley made the announcement today. He was joined by Jim Bolte, TMMAL's president, and Steve St. Angelo, executive vice president of Toyota Motor Engineering & Manufacturing, North America. The Birmingham News
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Move over, St. Joe, and make room for planned development the size of Rhode Island in Northwest Florida
When the St. Joe Co., dominating real estate developer and land owner in the Florida Panhandle, decided to pull back and hibernate in the tough economy, nobody thought any mega-projects were forming in that part of the state. Wrong. State and local officials have approved a 562,000-acre master plan -- timberland roughly the size of Rhode Island -- encompassing gulf coast frontage touching five counties. It's not St. Joe's but rather a parcel owned by some high-profile business types and former diplomats. Their goal: 25,000 new homes and more than 10 million square feet of commercial and industrial office space. The owners, identified in this small item in the Wall Street Journal, include Howard Leach (left), former U.S. ambassador to France, and Los Angeles investor Robert Day (right), who reportedly together bought the land in 1994 from Procter & Gamble. Now the ownership group's grown with the additions of former U.S. Secretary of State Henry Kissinger and Home Depot co-founder Ken Langone. Tampa Bay Times
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Texas Dominates in 2012 Fortune 500 HQ Rankings
Texas' economy is big and it is getting bigger. Texas has moved up to #2 for the number of Fortune 500 headquarters located in the state, home to 52 companies on the list. #1 company ExxonMobil, based in Irving, reclaimed the top spot from Wal-Mart. CNNMoney.com via the Texas Governor's Office of Economic Development
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NASA's economic impact in Alabama last year put at $2.8 billion
HUNTSVILLE, Alabama -- NASA's economic impact in Alabama last year was $2.8 billion, Marshall Space Flight Center Acting Director Gene Goldman said today. Goldman told an annual community briefing that the center awarded $817 million in contracts to state companies, and 26 percent of the companies were small businesses. Goldman spoke to several hundred industry and government leaders at the annual Marshall Center Director's Breakfast. He discussed center accomplishments, goals and challenges. Awards for top contractors included SAIC, IT services; Pratt & Whitney Rocketdyne, top product provider; and HMI, contractor for Marshall's occupational health services. Huntsville Times
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US Airways exec says ready to work out a deal with American
US Airways President Scott Kirby is bullish about the airline industry and about the prospects for combining his airline with American Airlines. Speaking to a Bank of America-Merrill Lynch investors conference in Boston on Thursday, Kirby said a merger of US Airways and American "would create a company that can compete with United and Delta," the two airline heavyweights created by prior mergers. A rebuilt American would as a result of the merger have a much stronger route network with greater efficiencies and capacity for creating revenues, particularly from premium business travelers. Star-Telegram
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Fort Worth's botanic institute has a good thing growing
FORT WORTH -- "Prairie in Progress, Please Be Patient" signs dot the evolving landscape around the Botanical Research Institute of Texas. Ancient North Texas prairies aren't built in a day, after all. But one year does wonders. "When you start with bare ground, it's going to take a while," said Brooke Byerley, a Ph.D.-holding botanist at the institute. "But all of our areas are doing really well, and some of them have just taken off this spring." The institute opened its $48 million, earth-friendly building on University Drive a year ago, intending to use the outdoor areas, including the roof, to showcase dozens of species of native Texas plants and grasses that now seem rather exotic and wild in our manicured-lawn era. Star-Telegram
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38.6 million Gulf acres will be up for grabs in June lease sale
Oil and gas companies will have until June 19 to file their bids for the government’s upcoming auction of drilling leases in the central Gulf of Mexico, the Interior Department announced today. As many as 7,276 blocks covering about 38.6 million acres will be up for grabs in the sale to be conducted at the Mercedes-Benz Superdome in New Orleans on June 20. The auction will mark the final sale in an existing five-year Bush-era plan for leasing the outer continental shelf that ends on June 30. The Interior Department’s Bureau of Ocean Energy Management offered up details on the auction in a final notice of sale today. Houston Chronicle
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Survey shows Fla. real estate outlook improving
GAINESVILLE, Fla. — (AP) A survey of real estate professionals shows Florida's market outlook improved in the first quarter of 2012. The University of Florida released the results this week. Respondents said they felt optimistic because of the falling unemployment rate and increased activity in rental housing. Florida's jobless rate dropped from 9.9 percent in December to 9 percent in March. The university's Commercial Real Estate Sentiment Index reached its highest level since 2007. It measures respondents' own business outlook. Palm Beach Post
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Features & Opinion

 
OPINION
By Dennis Cuneo
 

Much has been written about the need to expand and diversify our energy base. With the recent spike in gasoline prices and the Iranian threat to disrupt global oil supplies, some are calling for the equivalent of a Manhattan Project to develop alternative energy sources. Others say that renewables are still too expensive and that we shouldn’t encourage them at the expense of fossil fuels. The highly publicized failure of Solyndra has called into question whether the federal government should continue the U.S. Department of Energy loan program, initiated under the Bush Administration, to provide funding for alternative energy projects. Supporters of the program say that without government funding, we risk ceding leadership of the alternative energy market to China.

 

 

 FEATURE  
By Glenn McCullough, Jr.
 
On February 9 the U.S. Nuclear Regulatory Commission did something it has not done in 34 years: approve a license (two in fact) to build two advanced nuclear reactors. For a consortium of utilities constructing two advanced nuclear reactors at Plant Vogtle on the Georgia-South Carolina border, this means major strides generating 2,200 megawatts of new electricity, enough for approximately one million homes and businesses.
 
 
FEATURE  
By Dan Juneau
 
National, state, and local business groups from around the country opposed the Patient Protection and Affordable Care Act (aka “ObamaCare”) when it was being debated in Congress last year.
Many trade association representatives (including this writer) went to Washington to express business community concerns about the legislation and to request votes against it. History records that the legislation (all 2700 pages of nearly incomprehensible jargon) was finally enacted on party line votes in both chambers and signed into law by President Obama.
 
 
by Mike Randle
 
The headline above is of a great song from the '70s. It was by The Outlaws and was recorded in 1975 (go straight to You Tube to listen to it and bring the entire staff into your C-suite and rock on). I was a student but more like the starting shortstop for the University of Tampa Spartans baseball team in 1975.
 


 

 


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