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Hal Heiner officially files for Ky. governor
FRANKFORT, Ky. – Hal Heiner said Monday that he has put in the legwork to win the governorship of Kentucky, criss-crossing the state. Courier-Journal
Submitted 1 years 242 days ago

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Fark.com founder Drew Curtis announces bid for Kentucky governor
Drew Curtis, founder of the offbeat news site Fark.com, announced Monday that he’s running for Kentucky governor, entering a highly competitive race as a first-time candidate. The 41-year-old Curtis is part of the Citizen Candidate movement in which members pledge to make “data-driven” choices without party affiliation, which they argue makes them not beholden to special interest money. Fox News
Submitted 1 years 242 days ago

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White House to propose opening waters off Atlantic coast to drilling
The Obama administration today will announce a proposal to open up coastal waters from Virginia to Georgia for oil and gas drilling, according to a person briefed on the plan. The Virginian-Pilot
Submitted 1 years 242 days ago

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NC unemployment rate dips below national average in December
RALEIGH, N.C. — Continued job gains and a dip in the number of people listed as unemployed helped push North Carolina's unemployment rate in December below the national average, according to data released Tuesday by the state Department of Commerce. Wral.com
Submitted 1 years 242 days ago

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Google schedules press conference; paper says Google Fiber coming to Raleigh
RALEIGH, N.C. — Google will host a press conference to discuss "what's in store for our community" in Raleigh on Tuesday afternoon. Gov. Pat McCrory is scheduled to be there. Google won't discuss specifics about what the news is. Wral.com
Submitted 1 years 242 days ago

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Study: Chatham Park development to produce 115,000 jobs
RESEARCH TRIANGLE PARK, N.C. — A new study by NCSU economist Dr. Michael Walden says the controversial and massive 7,000-acre Chatham Park development will have a substantial economic impact extending well beyond Chatham County. Wral.com
Submitted 1 years 242 days ago

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CHATHAM PARK TO GENERATE $154 BILLION OVER NEXT 40 YEARS
PITTSBORO, N.C., January 27, 2015 — A recent economic impact study conducted by North Carolina State University shows that cumulative spending generated by the Chatham Park development will total $80 billion for Chatham County, $140 billion for the Triangle region and $154 billion for North Carolina by the completion of construction in 40 years. Chathamedc.org
Submitted 1 years 242 days ago

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6 Trends That Will Define The Workplace In 2015
As the working year begins, it’s worth thinking about what to expect in the year ahead so you apply some thinking to how to navigate the changes. From a huge increase in job-hopping and the bizarre trend of working from petrol stations, to a worldwide Gen-Y takeover, corporate life will see some significant shifts this year. Business Insider
Submitted 1 years 242 days ago

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The US Shale Boom May Come To An Abrupt End
U.S tight oil production from shale plays will fall more quickly than most assume. Why? High decline rates from shale reservoirs is given. The more interesting reasons are the compounding effects of pad drilling on rig count and poorer average well performance with time. Business Insider
Submitted 1 years 242 days ago

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Rick Perry Says The Unemployment Rate Is 'Doctored'
After a two-year hiatus from politics, unemployment trutherism made its return to the Republican campaign trail on Monday, making a brief appearance alongside Rick Perry at an Iowa breakfast. According to Bloomberg Politics reporter Dave Weigel, the former Texas governor told a gathering of the Republican Jewish Coalition that they couldn't trust the official unemployment rate coming out of Washington. Huffington Post
Submitted 1 years 242 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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