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VIDEO: POLITICO Playback


Politico
Submitted 1 years 241 days ago

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Only One Of Today's Flood Of Economic Reports Really Matters
The market is freaking out over the slew of negative economic data this morning, but let's be real: that great consumer confidence report is the only one that actually matters. Business Insider
Submitted 1 years 241 days ago

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Unemployment rates fall in 42 US states amid broad hiring
WASHINGTON (AP) — Unemployment rates fell in 42 U.S. states last month, the latest sign that strong hiring is boosting job opportunities nationwide. News Advance
Submitted 1 years 241 days ago

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Want to Enjoy a Luxury Home? Now Is the Time
Joe and Debbie Valerio, a couple in their 60s, put their Westport, Connecticut, home of more than 20 years on the market because it was getting too big for them. When they found a nearby condo they loved, they pounced. That set off a chain reaction allowing Peter and Leah Baiocco, a couple in their 30s, the ability to trade up. The Fiscal Times
Submitted 1 years 241 days ago

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Jindal considering cuts to college fund he pushed to create
BATON ROUGE, La. (AP) - When it was created last year, a $40 million incentive fund to pay for college programs that fill high-demand jobs in Louisiana was hailed as critical to both higher education and the state's workforce needs. Katc.com
Submitted 1 years 241 days ago

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IBM’s Big Blues: How to Save an Iconic American Company
After having come back from a crisis in the 1990s, IBM is once again in the midst of a massive — and massively difficult — transformation. The company, under CEO Ginni Rometty, is rumored to be planning the biggest shakeup in its history as it tries to find a path toward new growth. But the challenges facing IBM and Rometty have been clear for some time. The Fiscal Times
Submitted 1 years 241 days ago

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Your Car Could be Tracked by the Justice Dept.
The Justice Department has been secretly gathering and storing hundreds of millions of records about motorists in an effort to build a national database that tracks the movement of vehicles across the country, The Wall Street Journal reported on Monday. The newspaper said the main aim of the license plate tracking program run by the Drug Enforcement Administration was to seize automobiles, money and other assets to fight drug trafficking, according to one government document. The Fiscal Times
Submitted 1 years 241 days ago

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Jindal to attend CGI groundbreaking in Lafayette
Gov. Bobby Jindal will attend a groundbreaking ceremony today for CGI Federal, a business processes and information technology company that will locate in University Research Park, behind the Hilton Garden Inn Hotel. The Advertiser
Submitted 1 years 241 days ago

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Fitts Company Expands, Creates 105 New Jobs
Calhoun County, SC -- A Calhoun County company has announced plans to expand, a move that is expected to create 105 new jobs. Wltx.com
Submitted 1 years 241 days ago

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American Airlines Expects To Save $5 Billion From Tumbling Oil Prices
American Airlines Group AAL -2.56% said on Tuesday it expects to save $5 billion over the course of 2015 as a result of tumbling oil prices, and indicated that fuel cost savings may give the world’s largest airline extra financial firepower for aircraft orders, capital expenditure and debt repayment. Forbes
Submitted 1 years 241 days ago

 

 

 

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Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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