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Coast Guard Capt. Thomas Sparks says BP oil spill clean-up will continue
The Coast Guard has scaled back its clean-up response to the BP Deepwater Horizon oil spill, but that scale-back is not as extensive as BP indicated in a news release issued Tuesday, an irritated Capt. Thomas Sparks told the state Coastal Protection and Restoration Authority on Wednesday. Times-Picayune
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Mixed-use project will replace Houston Lamar Village shopping center
After waiting more than 30 years for the right moment, Highland Resources says now is the time to redevelop a key piece of property it owns in Central Austin. Austin American Statesman
Submitted 6 minutes ago

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Tesla says Texas among 4 states still in the running for $5B Gigafactory
Arizona Gov. Jan Brewer said Tuesday that the competition for Tesla Motors planned $5 billion electric battery factory might be down to three states. Dallas Business Journal
Submitted 11 minutes ago

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More high marks for Charlotte on 'Best Cities for Millenials' list
Another day, another ranking giving Charlotte high marks for what the city has to offer young professionals looking to put down roots. This time, it's Forbes and Niche.com taking note of the Queen City. Charlotte Business Journal
Submitted 16 minutes ago

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Gov. Deal ducks TV debate
Gov. Nathan Deal will be represented by an empty podium at an upcoming Republican primary debate sponsored by the Atlanta Press Club. Atlanta Business Chronicle
Submitted 21 minutes ago

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Has crude oil production already peaked?
"Wait a minute," you must be saying. "Haven't we been hearing from the oil industry and from government and international agencies that worldwide oil production has been increasing in the last several years?" The answer, of course, is yes. But, the deeper question is whether this assertion is actually correct. Christian Science Monitor
Submitted 26 minutes ago

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Report: Oil and gas production on federal land down, but expanded drilling options offer no guarantees
WASHINGTON -- Oil and gas production on federal land and water is down six percent from 2009 to 2013, but a new report by the Congressional Research Service says expanded production options favored by Republicans and oil-state Democrats might not reverse that trend. Times-Picayune
Submitted 31 minutes ago

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Why high oil prices are actually good for airlines
Airline executives frequently complain about fuel costs. But the truth is higher prices actually have been good for business. In the past six years, airlines have overhauled the way they operate to adjust to this new reality. They've shown more discipline by offering fewer seats, which ensures airfares are high enough to cover costs. Unprofitable routes have been eliminated. And every expense has been scrutinized. Houston Chronicle
Submitted 36 minutes ago

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Oil Glut Moves South, Fueling Debate Over Crude Exports
As a major crude oil bottleneck moves from Oklahoma to the Texas gulf coast, many domestic drillers are ramping up their calls for the repeal of U.S. laws banning most overseas crude exports. Texas Tribune
Submitted 41 minutes ago

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JOBLESS CLAIMS FALL TO ITS LOWEST LEVEL SINCE OCTOBER 2007
The Department of Labor just published its latest tally of initial unemployment insurance claims. Claims climbed to just 304,000, which was below the 315,000 forecasted by economists. Business Insider
Submitted 46 minutes ago

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Reshoring manufacturing capacity from primarily Asia to the South and Mexico is now a common thing to do 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.

 Randle Report - Business News in the South

 FEATURE  
By Dr. Glen Fenter
Desperation sometimes masks itself in acceptance. Such was the case for Takelia Carter of Marion, Ark. For Carter, the mother of six school-age children in a low paying job, desperation was normative existence. This was her life in Crittenden County, Ark., deep in the Delta where unfortunately one in four families lives well below the poverty level.
 

 Business News in the South - Randle Report

FEATURE     
By Mike Randle
There are numerous factors driving the new industrial revolution in the South. And it is a revolution, as this manufacturing surge that began in 2007 continues to break records year after year in the total number of large, capital intensive projects. One factor, of course, is that reshoring of facilities back to the U.S. continues to grow each year.
 
 Nashville Mayour Karl Dean

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

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