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Florida leads the nation in job creation
ORLANDO -- The numbers are in, and Florida leads the nation in job creation. Governor Rick Scott says the state is continuing to see tremendous economic growth with more than 266,000 new jobs created in the last 12 months. Mynews13.com
Submitted 46 minutes ago

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South Florida a Haven for All Types of Fraud
Need a phony ID? A fraudulent tax refund? Insurance money from a sham car crash? Florida may have just what you’re looking for. Since the first settlers hacked their way into the mangrove tangles and drained much of the swampland, sunny South Florida has been virtually synonymous with shady deals and scams. Insurance Journal
Submitted 51 minutes ago

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Reports: Bass Pro Shops Lays Off Employees at Stores, Headquarters
Bass Pro Shops is laying off employees at its 75 retail outlets and corporate headquarters in Springfield, Missouri, according to published reports. Arkansas Business
Submitted 56 minutes ago

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ALB Plans to Expand Workforce
Arkansas Lighthouse for the Blind said Thursday that it plans to expand its workforce by 58 percent and is looking to add 29 full-time jobs in its sewing operations department for people who are blind or visually impaired. The Little Rock nonprofit provides training for the blind and visually impaired, and no experience is required for its jobs. ALB, in partnership with Industries for the Blind in North Carolina, employs more people who are blind than any other U.S. agency, according to a news release. Seventy-five percent of its workforce hours are performed by the blind or visually impaired. Arkansas Business
Submitted 1 hour ago

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Citing Demand, Metova Plans 100 New Jobs in Conway
Mobile app development firm Metova, which opened an RFID operations center in downtown Conway earlier this year, has announced expansion plans. Metova, based in Franklin, Tennessee, where it was founded in 2006, was one of three tech firms that opened shop in Conway in January. Originally, it planned to invest $2 million and create about 60 jobs in Conway. But the firm said Thursday that it plans to add 100 more jobs in the next year. Arkansas Business
Submitted 1 hour ago

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Grants have helped several Wiregrass businesses expand
Less than a hundred feet separated the Todd family from a vision much larger than their already successful store on Highway 431 in Headland. Dothan Eagle
Submitted 1 hour ago

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Revamped financial incentive package will help Alabama be competitive
d by the state to lure companies to Alabama will help make the state more competitive, Ted Clem told board members of the Northwest Alabama Council of Local Governments on Thursday. Clem, the director of business development for the State Department of Commerce, said the changes were approved during the past legislative session. Timesdaily.com
Submitted 1 hour ago

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Secret NSA map shows Chinese hackers hit all over Alabama: Reports
Chinese hackers have infiltrated more than 600 corporate, private or government organizations in the last five years, including more than 10 locations in Alabama, according to federal data. A secret National Security Agency map obtained by NBC News shows the sites that the U.S. government believes have been hacked by Chinese operatives. The most-concentrated areas of hacks were the corridor from Boston to Washington, D.C. and California's Silicon Valley. AL.com
Submitted 1 hour ago

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That's The Randle Report for July 30, 2015
Join us again tomorrow morning for all of the American South's business, economic development and political news in real time and in one place. Use the sort buttons or the search window above to find your favorite stories from yesterday, last week, last month or last year. Click on the headline to access Southern Business & Development magazine.
Submitted 17 hours ago

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Where would Nashville be without Mayor Karl Dean? CEOs from HCA, Bridgestone weigh in
Four leaders in the business community, including the CEOs of two of Nashville’s largest employers, bounced around this question Tuesday morning: Where would Nashville be without Mayor Karl Dean? Dean was the keynote speaker at Tuesday morning’s Nashville Business Breakfast, hosted by Nashville Business Journal and Lipscomb University. Prior to the mayor’s remarks, Gary Garfield, Steve Turner, Milton Johnson and Ralph Schulz gave the crowd of more than 700 their thoughts on Dean’s time as mayor and his impact on the city. Nashville Business Journal
Submitted 17 hours ago

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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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