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Report: BP expected to plead guilty of criminal misconduct in 2010 oil spill
HUNTSVILLE, Alabama -- BP Plc is expected to admit it was guilty of criminal misconduct in the 2010 Deepwater Horizon disaster that led to the worst offshore oil spill in U.S. history. al.com
Submitted 1 years 289 days ago

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BP Oil Spill Settlement: Fine For Deepwater Horizon Disaster May Be Largest Criminal Penalty In U.S. History
BP Plc is expected to pay a record criminal penalty and plead guilty to criminal misconduct in the 2010 Deepwater Horizon disaster through a plea agreement it has reached with the U.S. Department of Justice that may be announced as soon as Thursday, according to sources familiar with discussions. Reuters via Huffington Post
Submitted 1 years 289 days ago

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Texas Leads States Petitioning to Secede; Georgia and Louisiana Follow
The American South still has not lost its taste for secession. Just ask Texas, Louisiana, and Georgia. A petition on a White House website (“We the People”) calling for Texas to withdraw from the United States and create its own new government had collected more than 94,000 signatures as of November 14. AllGov.com
Submitted 1 years 289 days ago

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Memphis No. 9 in nation for charter school growth
Memphis is the ninth-fastest growing charter school market in the nation, with an enrollment jump of 21 percent last year — the second year in a row it has produced meteoric growth, according to a report by the National Alliance for Public Charter Schools. Memphis Business Journal
Submitted 1 years 289 days ago

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Texas Instruments to lay off 1,700
Chipmaker Texas Instruments said Wednesday that it will lay off 1,700 workers in an effort to shift focus away from its struggling mobile business. CNN
Submitted 1 years 289 days ago

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CEOs optimistic after Obama meeting
Honeywell International CEO David Cote struck a hopeful note after his meeting with President Obama on Wednesday. "This is going to get solved one way or another," Honeywell (HON, Fortune 500)'s Cote said in an interview with CNN's Erin Burnett. CNN
Submitted 1 years 289 days ago

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That's The Randle Report for November 14, 2012
That's a wrap on The Randle Report for today. Feel free to use the sort buttons above or the search window to find your favorite stories from today, last week, last month or in the last year. If you are looking for more information on economic development in the South, click on the headline above to read Southern Business & Development magazine. If you want to keep up with the South's growing automotive industry, go to www.SouthernAutoCorridor.com. If you are looking for sports in the South, go to www.RandleSportsReport.com, or click on the "Sports" tab above.
Submitted 1 years 290 days ago

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VW may prefer Mexico over Chattanooga to build new model, report says
VW officials from the Chattanooga plant in the U.S. say they’re fighting with the German automaker so that production of a second vehicle is added to the facility. Currently, the Chattanooga factory makes the U.S. Volkswagen Passat sedan. However, a lack of free trade agreements between the U.S. and other countries may send future VW production to Mexico instead of Tennessee, according to industry experts quoted by Bloomberg. Mexico has free trade pacts with 44 countries, while the U.S. has 19. As a result, cars built in Mexico can be exported to more countries without the manufacturer having to pay import duties, which can add up to 10 percent to the price of a vehicle. For the same reason, Audi chose to build its new plant in Mexico rather than in the United States. Inautonews.com
Submitted 1 years 290 days ago

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New Orleans rated best American city to visit by Travel + Leisure
Travel + Leisure has named New Orleans the best city in the United States to visit. The designation was the result of the magazine's America's Favorite Cities survey, asking readers to rate 35 cities based on 66 categories. The magazine called New Orleans a "clear winner," scoring in the top five in more than half of the categories, which include fine dining, the music scene, people watching and antiques hunting. The travel publication has praised New Orleans in various categories in recent years. For its overall commendation to the city, it cited an alluring mix of appealing traits. Times-Picayune
Submitted 1 years 290 days ago

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Mississippi Yearning: Ole Miss ‘Race Riots’
It was a non-event that turned into a national one. A few students at Ole Miss, not happy with the election results on November 6, went outside and blew off some steam. One burned a paper Obama/Biden sign. Some said racial slurs were shouted. Others denied it. They surely acted poorly. It didn’t matter. A tweeted photo of that burning sign set off rumors of a riot. One tweet prompted another, and a few hundred kids soon came out of their dorms to find no riot at all. Just some inebriated college kids acting up late at night, using foul language. Two were arrested for being drunk in public. Not exactly national news, drunk kids acting like idiots. And on a college campus no less! Not unless it’s the school in a state like Mississippi or Alabama or South Carolina. States that will forever be the land of racists and bigots in the minds of our nation’s image makers in New York and LA. The National Review
Submitted 1 years 290 days ago

 

 

 

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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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