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D.C. gridlock seen as big threat to small business
Just as a bleak job market has many consumers worried about their next paycheck, some business owners are having a tough time with customers who can’t, or won’t, pay their bills.
"We just wrote off $19,000 from a customer that didn't pay,” said Vicky Sparks, co-owner of PEI, a shipping company based in Stockbridge, Ga. “Our collections lady said we can spend a lot of money on legal fees, and there's a good chance we're not going to get paid anyway. We can do everything right and simply not get paid. It's a great way to go out of business.” John W. Schoen, Senior Producer, msnbc.com
Submitted 1 years 151 days ago |
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Transocean Faces Possible Lawsuit After Brazil Oil Spill
Transocean (RIG) executives may very well be indicted for a small oil spill far off the coast of Rio de Janeiro, Brazil last month. Brazil’s Federal Police — the local FBI — asked a federal attorney to charge both Chevron (CVX) and Transocean top management for the spill, according to local media reports aired on O Globo news Wednesday evening. Chevron was fined R$50 million, or $27.5 million, in late November for the spill which occurred 74 miles off the coast of Rio de Janeiro, the Brazilian Environmental Protection Agency, Ibama, said Nov. 21. Ibama estimated that 2,300 barrels of oil oozed out of the sea bed because of the Nov. 9 drilling accident. By comparison, the BP Macondo deep water spill in the Gulf of Mexico last year saw 30,000 barrels of oil a day leaking into the gulf. The accident also killed 11 people. Forbes
Submitted 1 years 151 days ago |
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We thought this Top 10 was timely after hearing about Texas Gov. Rick Perry's radio ad campaign in the winter quarter that targeted California companies. In the ad, which ran on stations throughout the Golden State, Perry says, "Building a business is tough, but I hear building a business in California is next to impossible." With that in mind, here are ten great locations in the South for relocating California companies.
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FEATURE
By Mike Randle
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That headline represents the first eight words to the song titled "Mexican Radio" by the band Wall of Voodoo. The big hit from 1982 (No. 58 U.S. and No. 18 Canada) that was played about a dozen times a day on MTV in the music video era is awesome. The song was popular with the creative class (before anyone knew what the creative class was until Richard Florida told us), is often heard today on some of the most listened-to Internet stations such as Radio Paradise. Go ahead and buy some Mexican Coke at Sam's (that would be Mexican Coca-Cola), sit back, bring up "Mexican Radio" on YouTube and enjoy.
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FEATURE
By Mike Randle
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Do you think it was a coincidence that after Airbus broke ground on its $600 million, 1,000-employee A320 plant in Mobile, Ala., on April 8, that Boeing topped that deal by announcing it would invest another $1 billion and add 2,000 workers at its new 787 Dreamliner plant in Charleston, S.C., just 24 hours later?
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Editor's note: This article was the cover story of the latest edition of Southern Business & Development magazine, the parent company of The Randle Report. "It's good to be Nashville right now," said Nashville Mayor Karl Dean in a wonderful story about his city titled, "Nashville's Latest Big Hit Could Be the City Itself," published in the January 8, 2013 edition of The New York Times. The piece began with this: "Portland knows the feeling. Austin had it once, too. So did Dallas. Even Las Vegas enjoyed a brief moment as the nation's ‘it’ city. Now, it's Nashville's turn."
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