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CanHP Innovate? Yes, When It Comes to Brain Drains
Some brain drains occur when a company that’s going through rough times or regime changes loses a few executives and talented engineers. Then there’s what has happened to Hewlett-Packard (HPQ) over the past two years—one of the great brain drains in corporate history, in which the company lost north of 120 of its top executives. Businessweek
Submitted 1 years 285 days ago

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Region's economic development leaders dismiss collaboration, slight D.C.
Fierce competition for new business among Washington-area jurisdictions has left little interest in economic development collaboration on the region’s behalf, and little love for the center of it all — the District. Washington Business Journal
Submitted 1 years 285 days ago

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5 Reasons Natural Gas Won’t Be an Environmental and Economic Savior
If you’re hoping the natural gas boom means we’ve solved our environmental and economic woes, you’re going to be disappointed. While natural gas produces less nitrogen oxides and carbon dioxide when burned compared to coal or oil, the end product is only part of the story. The natural gas boom in recent years has been fueled by extreme extraction methods like fracking that are posing a new slurry of environmental problems before the gas even makes it to consumers. Alternet
Submitted 1 years 285 days ago

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Rep. Gingrey: Todd Akin 'partly right' about rape and pregnancy
Rep. Phil Gingrey (R-Ga.) said former Rep. Todd Akin (R-Mo.) was "partly right" when he made controversial comments that women cannot become pregnant from a rape. The Hill
Submitted 1 years 285 days ago

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N.C. switches stance on drivers licenses for illegal immigrants
WASHINGTON After first indicating it would grant driver’s licenses to young illegal immigrants who have received two-year deferrals from deportation, the North Carolina Division of Motor Vehicles now says it will not allow them to drive until the agency receives a legal opinion that requires it to do otherwise. North Carolina joins Arizona, Iowa, Michigan and Nebraska in denying driver’s licenses to deferred action recipients, while other states such as California, Texas and Florida are allowing the licenses. The patchwork pattern shows how states continue to grapple with how to respond to federal policy on immigration. Charlotte Observer
Submitted 1 years 285 days ago

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From Isle to Nugget in $100M renovation
BILOXI — The Golden Nugget will spend $100 million to update the former Isle of Capri casino in Biloxi. Clarion Ledger
Submitted 1 years 285 days ago

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Nissan marks 10 years in MS, to add line, perhaps jobs


Clarion Ledger
Submitted 1 years 285 days ago

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Bank of America settlement questioned by watchdog group, N.J. Sen. Menendez
Watchdog group Public Citizen and a U.S. senator are calling for an investigation into Bank of America’s settlement with mortgage giant Fannie Mae in a dispute involving $1.4 trillion in loans. The bank and Fannie Mae announced Monday that they had reached an accord that would have Bank of America pay $3.6 billion in cash and buy back $6.75 billion in loans from the mortgage giant. The two had been battling over a large pool of loans sold to Fannie by Countrywide Financial Corp. between 2000 and 2008. Bank of America purchased the subprime lender in 2008. Once the loans started to go bad, Fannie sought to force Bank of America to buy them back, claiming Countrywide had misrepresented their quality. News Observer
Submitted 1 years 285 days ago

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NC Gov. Pat McCrory gives his cabinet generous salary hikes
RALEIGH -- Gov. Pat McCrory gave his cabinet secretaries pay hikes as large as $13,200, far more than anything afforded to typical state employees in recent years. The Republican’s cabinet makes a combined $1.1 million – an 8 percent increase from his Democratic predecessor. “I’m trying to make it at least where they can afford to live while running multibillion-dollar departments,” McCrory said in an interview. News Observer
Submitted 1 years 285 days ago

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Corvette Not Just for Successful Plumbers With New Design
The Chevrolet Corvette, once the coolest of cool rides on Route 66 and the rest of America’s roads, has suffered the cruelest of fates: It’s known as an old man’s toy. Even the head of Chevy marketing acknowledges that too many people see it as the car of “the successful plumber.” Bloomberg
Submitted 1 years 285 days ago

 

 

 

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     
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

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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