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Scott urges feds to step up funding for damaging Lake Okeechobee release
Gov. Rick Scott on Tuesday pledged $40 million to speed up a project intended to help clean up polluted Lake Okeechobee water that has poured into the St. Lucie River this summer, triggering toxic algae blooms, killing oysters and sea grass and angering residents and tourists. But the governor placed most of the blame for the worsening disaster in the St. Lucie, and a similar mess in the Caloosahatchee River on the southwest coast, on the federal government. Miami Herald
Submitted 1 years 277 days ago

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Dolly Parton plans new resort, coaster in 10-year, $300M expansion
PIGEON FORGE — Country music legend and Sevier County native Dolly Parton announced Wednesday a commitment to invest $300 million over the next 10 years in her hometown, where she plans to expand her Dollywood properties. Knoxville News Sentinel
Submitted 1 years 277 days ago

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Cruz: Americans Could Get "Addicted" to Obamacare
KINGWOOD, Texas — U.S. Sen. Ted Cruz has come home to Texas to promote his long-shot bid to defund "Obamacare," warning Tea Party activists Monday that they have only a few months to stop the health care reform law before people get “addicted” to it. Texas Tribune
Submitted 1 years 277 days ago

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Texas Governor's Office: We're Not Negotiating on Obamacare
Gov. Rick Perry’s office is disputing reports that the state is negotiating with the federal government to draw down $100 million in additional financing under a rule created by the Affordable Care Act. Texas Tribune
Submitted 1 years 277 days ago

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Survey: Georgia nicest, Alabama ugliest
The nicest state in the U.S.? Despite the muscular middle fingers you may have seen in Atlanta traffic this morning, it’s Georgia. Actually, we share that title with Minnesota,which, last I checked, had to cheat to win their last World Series. Atlanta Journal Constitution
Submitted 1 years 277 days ago

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Ad guru urges people to buy American-made to save jobs
The made-in-America movement gained an unlikely best friend bound to give it buzz. Alex Bogusky, the ad agency legend who just 10 months ago chastised Coca-Cola with a polar bear-mocking video that went viral, is at it again — this time creating a video that urges folks to buy American-made stuff. Montgomery Advertiser
Submitted 1 years 277 days ago

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Updated University of Alabama policy bans guns everywhere on campus, even at games; violators face ban
TUSCALOOSA, Alabama -- Guns are still banned from the University of Alabama campus, according to the updated policy on dangerous weapons the Capstone released this week. AL.com
Submitted 1 years 277 days ago

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Tornadoes in decline for second straight year across nation, Alabama (photos)
HUNTSVILLE, Alabama - The data may be complicated but the result is clear. For the second year in a row, the nation is on track to be well below the average for tornadoes, according to information compiled by Greg Carbin, a meteorologist for the Storm Prediction Center in Norman, Okla. AL.com
Submitted 1 years 277 days ago

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That's The Randle Report for Tuesday, August 20th, 2013
Join us again tomorrow morning for all of the American South's business, economic development and political news in real time and in one place. Use the sort buttons or the search window above to find your favorite stories from yesterday, last week, last month or last year. Click on the headline to access Southern Business & Development magazine.
Submitted 1 years 278 days ago

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Missouri state board OK's Express Scripts subsidy package
A Missouri state board on Tuesday gave its blessing to $6.8 million in tax incentives for Express Scripts’ planned expansion in north St. Louis County, part of a package of state and local subsidies that could eventually top $40 million for the prescription drug giant. After brief discussion and a unanimous vote, the Missouri Development Finance Board approved Build Missouri Bonds to help finance a $43 million office building for Express Scripts at NorthPark, a giant business park east of Lambert-St. Louis International Airport. The company plans to house about 1,000 employees. STLtoday.com
Submitted 1 years 278 days ago

 

 

 

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 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     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 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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