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Imperium to add 40 Louisville jobs
Imperium Health Management LLC has decided to establish a Louisville headquarters, which is expected to result in 40 Louisville jobs. Business First
Submitted 1 years 287 days ago

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Good News: People Are Quitting Their Jobs
Nine million fewer Americans were working in early 2010 than were in early 2008. But there was something strange about the jobs bloodbath: Not that many people were actually laid off during the recession. Layoffs and discharges peaked at around 2.4 million in January 2009. Compare that to the 2.2 million people laid off in early 2001, or the 1.9 million Americans laid off in 2007, and the figures aren't that shocking. How can that be? Motley Fool
Submitted 1 years 287 days ago

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Expert opinion: do tax credits and business incentives create jobs?
state and local governments extend hundreds of millions of dollars each year in property tax waivers, corporate income tax credits, rebates and loans. Yet the question remains: Do tax credits and incentives actually create jobs? Oregon Business
Submitted 1 years 287 days ago

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The Jobs Crisis: It May Not Be "Breaking News," But It's Definitely "Broken News"
BREAKING! This just in: the economy is terrible and the country is suffering its worst jobs crisis since the Depression... developing... Huffington Post
Submitted 1 years 287 days ago

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AirTran cuts 238 GA jobs
AirTran Airways, a unit of Southwest Airlines Co., will cut 283 jobs in Atlanta. Southwest and the Georgia Governor’s Office have not yet returned requests for statements and details. Atlanta Business Chronicle
Submitted 1 years 287 days ago

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Bank of America earns $2.25 billion, below expectations
Bank of America earned $2.25 billion for shareholders in the first quarter, or 20 cents per share, the bank reported Wednesday -- higher than the same period a year ago but below analysts’ expectations. The consensus estimate was 23 cents per share. Charlotte Observer
Submitted 1 years 287 days ago

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Jacksonville-based CSX Q1 earnings up 3 cents, company announces $1 billion share buyback
CSX Corp. reported its first quarter 2013 results Tuesday, with revenues essentially flat and first quarter earnings up by 2 cents. The company also announced a $1.0 billion share buyback program. Jacksonville Business Journal
Submitted 1 years 287 days ago

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Coca-Cola unveils new arrangement with bottlers
Two-and-a-half years after acquiring the North American operations of its biggest bottler, Coca-Cola on Tuesday announced plans to begin shifting to other bottlers some of its newfound responsibility for getting beverages to store shelves. Atlanta Journal Constitution
Submitted 1 years 287 days ago

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Letter Sent To Senator from MS Tests Positive For Poison
Officials at the U.S. Capitol’s offsite mail facility on Tuesday discovered an envelope that tested positive for the deadly substance ricin. Its intended recipient was U.S. Sen. Roger Wicker (R-MS). Think Progress
Submitted 1 years 287 days ago

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Green groups sue officials over NC-based Duke Energy wind project
Environmentalists seeking to block Duke Energy Renewables’ proposed 200-megawatt Searchlight Wind Energy project in Nevada are suing U.S. Secretary of the Interior Ken Salazar and others for approving its construction on federal land.
Submitted 1 years 287 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Just look around at what's happening in the aerospace industry in the American South. Aerospace is really making a move to become one of the region's top two industry sectors. It’s not there yet, but if large project counts are any indication, aerospace may soon challenge the petrochemicals sector as the second largest industry in the region. Never before has the aerospace industry been so important to the South's economy. Oh, what's the No. 1 industry sector in the South? Automotive is, of course. That industry hasn't been challenged much for 25 years in this region, or since we’ve been counting.

 

 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     
This is our annual "Made in the South" issue and it's timely because there is a new player in the South's manufacturing universe. For almost two decades, economic developers and politicos in the South and the U.S. have been chasing Chinese projects with little or nothing to show. Want proof we've been chasing ghosts in China for years? Okay, go ahead and name a Chinese brand that's made in the South? Tick. . .tick. . .tick. Give up?
 
 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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