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Two Oklahoma companies qualify for up to $1.2M in job creation incentives
Two companies have qualified for up to a combined $1.2 million from the state's Quality Jobs Program to create up to 98 new jobs in Oklahoma over the next 10 years. The Oklahoman
Submitted 1 years 272 days ago

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Harder times expected with loss of Ky. power plant
LOUISA, Ky. (AP) — For decades, the Big Sandy power plant near Louisa did more than keep the lights on. It supplied the Appalachian town with tax revenue and some of the best-paying jobs around as it converted coal into electricity. The Oklahoman
Submitted 1 years 272 days ago

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German auto supplier to hire 90 at new Bowling Green production plant
BOWLING GREEN, Ky. — Bilstein Group, a family-owned automotive supplier headquartered in Germany, plans to establish a new production plant in Bowling Green that will create 90 new full-time jobs.
Submitted 1 years 272 days ago

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Microsoft to use Texas wind power to fuel data centers
HOUSTON — Microsoft has signed a 20-year power purchase agreement to buy Texas wind energy from RES Americas, as it joins Intel and Google in the technology race for carbon neutrality. Fuel Fix
Submitted 1 years 272 days ago

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Worst States for Child Care Affordability, See How South Ranks
While the ever-rising cost of college grabs all the headlines, many families are finding that childcare can be even more costly than higher education. ABC News
Submitted 1 years 272 days ago

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Tight credit squeezing first-time homebuyers out of market
Investors may be reaping the rewards of the housing recovery, but regular buyers, especially single and first-time buyers, are still on the outside looking in. Tight credit has kept some financially qualified buyers from getting the loans they need, according to a new survey from the National Association of Realtors. The overall market share of single buyers fell from 32 percent in 2010 to just 25 percent today, according to the report. NBC News
Submitted 1 years 272 days ago

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Gay discrimination vote highlights GOP's ideological struggle
Republicans in Congress are divided over whether to support legislation granting historic workplace protections to gay and lesbian Americans, another vivid illustration of the party’s internal tug-of-war between ideology and political considerations. NBC News
Submitted 1 years 272 days ago

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The Audacity of Frack
Capitalism, said economist Joseph Schumpeter seven decades ago, is a process of creative destruction. New inventions, new processes, new methods of organization lead to the creation of new profitable and efficient businesses and to the destruction of old ones unable to compete. National Review
Submitted 1 years 272 days ago

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Hard Lessons in Virginia
Barring one of the great all-time upsets, Terry McAuliffe will beat Ken Cuccinelli in Virginia’s governor’s race today. If that result comes to pass, it will reflect some hard lessons for the candidate and the state party: National Review
Submitted 1 years 272 days ago

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America Is Running Out of Doctors
This fall, millions of uninsured Americans seeking health insurance, many for the first time, overwhelmed the unprepared federal website, still under repair, built to give it to them. Next year, the same people, all heading to hospitals and physicians' offices ready to make use of their new coverage, could crash something more tangible: the U.S. health care system itself. National Journal
Submitted 1 years 272 days ago

 

 

 

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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