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Airbus inks $3.2 billion, 40-plane deal with Mexican airline
MOBILE, Alabama – Mexican airline Interjet will purchase 40 Airbus A320neo passenger jets for more than $3.2 billion, the European planemaker has confirmed. al.com
Submitted 1 years 290 days ago

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International soccer event filling hotels in Sarasota
MANATEE COUNTY - The Nike International Friendlies soccer tournament will return to Lakewood Ranch this month, bringing visitors who will play and watch the U.S. under-17 men’s national team square off against competitors from Brazil, Turkey and Portugal. Sarasota Herald Tribune
Submitted 1 years 290 days ago

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STOCKS PLUNGE AFTER OBAMA, FOMC, AND AIR STRIKES IN GAZA: Here's What You Need To Know
Markets took a beating today. First the scoreboard: Business Insider
Submitted 1 years 290 days ago

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BofA reports $15.8 billion in mortgage relief
Bank of America said Wednesday that it has now offered $15.8 billion in relief to more than 160,000 households as part of the national mortgage servicing settlement announced early this year. Of that, about $4.75 billion was in first-lien mortgage principal forgiveness, senior vice president Eric Telljohann said on a conference call with reporters. The most relief, at $7.4 billion, remains through short sales, though he said that mix should change over the next few months. The bank also said it is in "effective compliance" with the hundreds of new servicing rules it agreed to as part of the settlement, which includes a "single point of contact" system for homeowners behind on their mortgages. Each contact is responsible for 70 to 75 mortgages, Telljohann said in a Q&A session. Charlotte Observer
Submitted 1 years 290 days ago

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'To Kill a Mockingbird' celebrates 50th anniversary with screenings at 8 Alabama movie theaters
BIRMINGHAM, Alabama -- Turner Classic Movies will celebrate the 50th anniversary of the release of “To Kill a Mockingbird” with special screenings of the 1962 film classic at select theaters around the country Thursday, including eight in Alabama. al.com
Submitted 1 years 290 days ago

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US Airways presses case for merger with American
US Airways met with creditors of American Airlines in New York on Tuesday to press its case for a merger with the bankrupt airline, three people familiar with the matter said. Today, the unsecured creditors committee will hear from representatives of American, which seeks to exit court protection as a stand-alone carrier, according to Bloomberg News, citing sources who asked not to be identified because the talks are private. Star-Telegram
Submitted 1 years 290 days ago

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Ex. MS Gov. Barbour preaching same positions he's held for years
No one can accuse former Gov. Haley Barbour of not being a conservative Republican. During his two terms as CEO of the reddest of the red states, Barbour wielded power unlike any governor before him. But Barbour enjoyed great success in socially conservative Mississippi while at the same time taking stances on key issues like abortion and immigration that were out-of-step with most people from the socially conservative part of wing of the GOP. Clarion Ledger
Submitted 1 years 290 days ago

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Work Continues on $2.8 Billion Mississippi Energy Facility
Construction continues on a $2.8 billion, 582-megawatt energy facility on 3,000 acres (1,214 h) in Kemper County, Miss., about 20 mi. north of Meridian. The plant uses electric power plant technology called integrated gasification combined cycle (IGCC). constructionequipmentguide.com
Submitted 1 years 290 days ago

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Fees and expenses top $200 million in AMR-American Airlines bankruptcy case
Professional fees and expenses have topped $200 million in the bankruptcy case of American Airlines Inc., parent AMR Corp. and various affiliates, and the case hasn’t yet hit its first anniversary. Dallas Morning News
Submitted 1 years 290 days ago

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After BP spill, information trickled as oil gushed
BP and the U.S. government portrayed in public a united front as a runaway well spewed oil into the Gulf of Mexico in 2010. But they privately sought to withhold potentially critical information from each other, possibly slowing efforts to solve the crisis, according to new testimony. Fuel Fix
Submitted 1 years 290 days ago

 

 

 

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

The America South is home to almost as many residents as the Northeast and the Midwest combined, but even that statistical record is about to be broken. According to a new Census Bureau study that came out in April, 51 percent of the nation's population jump occurred in the South from 2010 to 2013.
 

 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     
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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