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5 Things You Should Know About Jim Webb
Jim Webb is now the fifth Democrat to pursue the 2016 presidential nomination. He made the announcement Thursday on his website, acknowledging that other candidates in the race are likely to have more money and bigger campaign machines than he does. "I understand the odds, particularly in today's political climate where fair debate is so often drowned out by huge sums of money," he wrote. But, he added, "our country needs a fresh approach to solving the problems that confront us and too often unnecessarily divide us. We need to shake the hold of these shadow elites on our political process." The former senator has a colorful background as a veteran, author, reporter and defender of the Confederacy. Here are five things about Webb you may not know or remember: NPR
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Jim Webb Is Running for President
The total number of Democratic presidential candidates just grew to five: Jim Webb is in. "After many months of thought, deliberation, and discussion, I have decided to seek the office of the Presidency of the United States," wrote the former senator from Virginia at the start of an email to supporters that is more than 2,000 words long and dotted with photos. National Journal
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This Airline Just Invested Millions Into Turning Garbage Into Jet Fuel
This week, a California-based biofuel company announced a $30 million deal with United Airlines to develop jet fuel using oils derived from animal and vegetable fats — i.e. household trash. Think Progress
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New jobs report show cracks in the economy


Yahoo.com
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How America's Workforce Has Changed Since 1977
As long as you don’t look too far into it, Thursday’s June jobs report looks like good news: The economy added 223,000 jobs, close to expectations, and the unemployment rate fell again, to 5.3 percent. So far, so good—still a slower recovery than anyone might like, but a recovery nonetheless. Yahoo.com
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BP’s Spill Deal Is ‘Catalyst’ for Acquirers as Uncertainty Ends
BP Plc’s $18.7 billion U.S. legal settlement is being cheered by investors and analysts as it ends five years of financial uncertainty. It also makes the British oil producer a more attractive takeover target. Potential buyers, held back by unquantifiable liabilities related to the company’s 2010 Gulf of Mexico spill, may find a slimmed-down BP more appealing and digestible. Bloomberg
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OUT to LUNCH
The Randle Report is breaking for lunch and making way for a new editor shift. Click on the headline above to access Southern Business & Development's Web site for more detailed information on economic development in the South. Posts will resume at 1:30 pm CDT.
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These Disunited States
A century and a half ago this weekend, hundreds of thousands of white Americans in the lowland South did something unprecedented in their lifetimes: They declined to commemorate the Fourth of July. On July 4, 1865, newly freed African-Americans and an occupying army were celebrating the Fourth as a triumph of Revolutionary principles beneath the federal flag and portraits of the martyred Abraham Lincoln. “The white people,” a Columbia, South Carolina, diarist reported, “shut themselves indoors.” Politico
Submitted 2 days ago

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Alabama is most patriotic place in America, right? Wrong.
You'll see plenty of fireworks in Alabama Saturday. There will be enough barbecue to feed an army and Old Glory will fly in front of many homes. It's one thing to be patriotic on the 4th of July. It's another to express love for your country all year around. And that, it seems, may be a little harder for Alabamians. AL.com
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Tennessee Officials to Begin Lifting Evacuation After CSX Train Derailment
MARYVILLE, Tenn. — Preparations began Friday to allow thousands of eastern Tennessee residents to return to their homes after a CSX train car carrying hazardous material derailed and caught fire. NBC News
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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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