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SW Florida economic surge comes to end
Southwest Florida is evidencing the same soft economic growth that is worrying economists and policy makers and that could spur action by the Federal Reserve. Uncertainties linked to the presidential election, the so-called "fiscal cliff," the economic crisis in the European Union and rising gas prices slowed the national economy, and this region was apparently no different. Sarasota Herald Tribune
Submitted 1 years 265 days ago

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Gangster Style: Former Al Capone Estate for Sale in Miami
It’s about as far from his Windy City stomping grounds as you can get. But you can get all of Al Capone’s storied mobster mentality — with a touch of whitewash — inside his newly-for-sale Miami Beach estate. For $9.95 million, the beachy 1922 estate — originally built for brewer Clarence Busch of Anheuser-Busch brewery fame and sold to Capone in 1928 — and one of the “oldest original homes in Miami Beach,” according to the official listing, is set to change hands once again. TIME
Submitted 1 years 265 days ago

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Republican Admits GOP May Be Left With No Choice
WASHINGTON -- Sen. Pat Toomey (R-Pa.) signaled Tuesday that Republican lawmakers may be left with no choice but to accept a deficit reduction deal that includes new revenues as the country approaches the "fiscal cliff." Huffington Post
Submitted 1 years 265 days ago

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Alabama scientists, agencies seek role in spending of BP fines
MOBILE, Alabama -- Though it may be years before most of the environmental restoration funds related to the BP oil spill become available, scientists and local environmental groups in Alabama are in general agreement about where to spend the money. Mobile Press-Register
Submitted 1 years 265 days ago

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How should Restore Act money be spent?
BILOXI, MS-- Beth Jowers enjoys her early morning beach walk. Looking out over the beauty of the water, she wants Restore Act money to keep it that way. "I'd like to see the beachfront maintained really well. I'd like flowers, trees, anything that has to do with restoring the fishing. I would like that to be done," Jowers said. "Just make everything look very pretty and tourism worthy." Willie Eichelberger tried his luck at reeling at a big one. Where does he think the money should go? wlox.com
Submitted 1 years 265 days ago

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Hidden in New Highways Bill, ‘Stealth Attack’ Stuns Ship Unions, Threatens 2,000 Jobs
Unions representing the crewmembers aboard U.S.-flag cargo ships are reeling from a stunning setback in Congress that threatens to idle as many as 16 vessels and eliminate up to 2,000 maritime jobs. InTheseTimes.com
Submitted 1 years 265 days ago

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South Carolina to receive $1.2B in federal highway funds
The new federal highway bill passed by Congress earlier this month allocates $1.2 billion over the next two years to South Carolina for an assortment of projects — including widening a 10-mile stretch of Interstate 26. Overall, the bill called Moving Ahead for Progress in the 21st Century, or MAP-21, offers state transportation planners more certainty about how much money is coming down from Washington, D.C. For the past year, states have had to deal with stopgap funding measures offered by congressional resolutions. Charlotte Business Journal
Submitted 1 years 265 days ago

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South Carolina’s largest health insurer issuing rebates
COLUMBIA — South Carolina’s largest health insurer has begun sending out rebate checks to some policy holders because it failed to meet a requirement of the federal health care overhaul. Post-Courier
Submitted 1 years 265 days ago

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SC BlueCross BlueShield issues rebates, adds jobs

WMBFNews.com, Myrtle Beach/Florence SC, Weather
wmfbnews.com
Submitted 1 years 265 days ago

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Film industry generating $300M in NC spending
Halfway through the 2012 calendar year, film productions in North Carolina have already eclipsed 2011’s record-setting numbers for in-state spending, according to a news release issued by Gov. Beverly Perdue’s office Wednesday. Triangle Business Journal
Submitted 1 years 265 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Reshoring manufacturing capacity from primarily Asia to the South and Mexico is now a common thing to do and it's all about money. When China joined the World Trade Organization in 2001, the average manufacturing wage in China's Pearl River Delta (PRD) was about 58 cents an hour.

 Randle Report - Business News in the South

 FEATURE  
By Dr. Glen Fenter
Desperation sometimes masks itself in acceptance. Such was the case for Takelia Carter of Marion, Ark. For Carter, the mother of six school-age children in a low paying job, desperation was normative existence. This was her life in Crittenden County, Ark., deep in the Delta where unfortunately one in four families lives well below the poverty level.
 

 Business News in the South - Randle Report

FEATURE     
By Mike Randle
There are numerous factors driving the new industrial revolution in the South. And it is a revolution, as this manufacturing surge that began in 2007 continues to break records year after year in the total number of large, capital intensive projects. One factor, of course, is that reshoring of facilities back to the U.S. continues to grow each year.
 
 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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