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Texas No. 2 for semiconductor jobs
Texas ranks second in the nation with 28,800 semiconductor jobs, according to a report released by the Semiconductor Industry Association. Dallas Business Journal
Submitted 1 years 290 days ago

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Midway Aircraft to open repair facility in Monroe NC
Midway Aircraft Instrument Corp. will spend $2.3 million to open an aircraft component-repair facility in Monroe that will employ 36. Charlotte Business Journal
Submitted 1 years 290 days ago

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After spill, offshore enforcement remains murky
WASHINGTON – Nearly three years after the Deepwater Horizon disaster, the government agency that oversees offshore energy development still uses an opaque and unwieldy enforcement process that appears to give companies more leverage than the regulators policing them. Fuel Fix
Submitted 1 years 290 days ago

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Drivers cutting gasoline use, despite price drop
U.S. drivers are cutting their gasoline use, with demand for the fuel dropping 3.7 percent over the first week of December, according to MasterCard’s gasoline report. Fuel Fix
Submitted 1 years 290 days ago

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The Fed's historic bid to lower the jobless rate
The Federal Reserve has come a long way since the days of former Chairman Alan Greenspan, who used to be an expert practitioner of Fedspeak, a dialect (only remotely related to English) that befuddles mere mortals with its utter inscrutability. His successor, Ben Bernanke, has pledged to make the Fed's intentions more transparent, and on Wednesday he made good on that promise, with the central bank announcing that it would keep its benchmark interest rate target at ultra-low levels until the unemployment rate dropped below 6.5 percent or the inflation rate topped 2.5 percent. It is the first time in history that the Fed has spelled out such a specific target, rolling back decades of conventional wisdom that said the Fed was far too influential to ever fully reveal its thinking to markets. The Week
Submitted 1 years 290 days ago

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Siemens wants to build Orlando wind turbine training center
Siemens Energy Inc. wants to open a wind turbine training center in Orlando. The Orlando-based power generation business estimates the training center would create 50 new high-wage jobs that will train thousands of Siemens employees worldwide. Orlando Business Journal
Submitted 1 years 290 days ago

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Nissan opens $1B Smyrna TN battery plant
Nissan North America Inc. has officially opened its Smyrna battery plant, fueling production of its all-electric Leaf and setting the stage for as many as 1,000 additional manufacturing jobs largely in Tennessee. Nashville Business Journal
Submitted 1 years 290 days ago

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Robots Are Taking Our Jobs
Corporate profits are soaring in the US, yet the economy is depressed. Why? Because capital is doing fine at the expense of labor, Paul Krugman observes in today's New York Times. Yes, that sounds like "an old-fashioned, almost Marxist sort of discussion," but it's the reality we're seeing, and there are only two possible explanations: "robots and robber barons." On the robot side, there's the argument that technology is displacing and devaluing even the most highly skilled employees—"the downside of technology isn't limited to menial workers." Newser
Submitted 1 years 290 days ago

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International Paper confirms Memphis expansion plans
International Paper Co. has reached an agreement for incentives that will keep the company’s headquarters in Memphis, and clear the way for a planned expansion. Memphis Business Journal
Submitted 1 years 290 days ago

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Chained CPI: The Sneaky, Complicated Idea That Could End the Fiscal Cliff Showdown—Explained
If you're growing weary of the fiscal cliff, I do not blame you. Budget deals can be powerfully wearying stuff. But they are rarely as complicated as they seem from a distance. Take, for example, the new proposal that some Republicans and Democrats think might end this terrible cliff showdown for good. It would involve a simple change to the way we measure cost-of-living. The proposal is called chained consumer price index -- or chained CPI. The Atlantic
Submitted 1 years 290 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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