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Labor commissioner says Ga. economy rebounding
ROSWELL, Ga. – Georgia is in a good position to rebound from the recession and is ready to add jobs. That's what Ga. Department of Labor Commissioner Mark Butler told the room full of job seekers June 10 at the Roswell United Methodist Church (RUMC) Job Fair. "Georgia businesses are creating jobs," he said. northfulton.com
Submitted 1 years 282 days ago

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Economic development exemption
One proposal -- to increase the sales tax and use the revenue to pay providers of uncompensated health care -- has generated not only debate but controversy. We'll address the sales tax in tomorrow's editorial. Voting on both ballot questions will conclude on Tuesday. Sarasota Herald Trubune
Submitted 1 years 282 days ago

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Savannah studying cruises; won’t share study yet with public
SAVANNAH — A consultant’s report on three potential sites for a cruise ship terminal along the Savannah River has been given to city officials in Savannah, but they aren’t sharing it with residents. Post-Courier
Submitted 1 years 282 days ago

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Op-Ed: Nuclear Power Is Soooo 20th Century
When I was born in the 1950s, nuclear power was said to be "too cheap to meter." Although few and far between, disasters at Fukushima and Chernobyl have laid waste to that claim and, for that matter, entire cities. German Chancellor Angela Merkel, herself a nuclear physicist, led the charge to eliminate her nation's nuclear power plants in the next few years based on a rational risk analysis. With the decision by Southern California Edison to decommission its San Onofre Nuclear Generating Station (SONGS), we may now see enough to reasonably conclude that the nuclear power era is coming to a close. CNBC
Submitted 1 years 282 days ago

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TVA Will Cut 530 Jobs at Stalled Alabama Nuclear Plant
Less than a week after another utility announced it will give up trying to restart a pair of nuclear reactors, the Tennessee Valley Authority said it will shelve a project in northeastern Alabama and eliminate 530 jobs. Bloomberg
Submitted 1 years 282 days ago

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Nuclear renaissance in Florida crumbles, meets economic reality
Has the so-called “nuclear renaissance” finally met economic reality? The nuclear industry recently experienced their “worst week” since the Fukushima disaster in Japan. Not only did Duke Energy scrap plans to build new reactors at their Shearon Harris site in North Carolina but the many events which unfolded in Florida, culminating with Governor Scott’s signing of Senate bill 1472 late last Friday, affirm that the “renaissance” is crumbling – and economic reality is prevailing. cleanenergy.org
Submitted 1 years 282 days ago

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Tampa Port rides high on economic value, but jobs lost in process
TAMPA - The Port of Tampa boasts an economic value that has nearly doubled in seven years, but it has come with one catch: The port now is generating fewer jobs, according to a new study. Tampa Bay Times
Submitted 1 years 282 days ago

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Savannah studying cruises; won’t share study yet with public
SAVANNAH — A consultant’s report on three potential sites for a cruise ship terminal along the Savannah River has been given to city officials in Savannah, but they aren’t sharing it with residents. Post-Courier
Submitted 1 years 282 days ago

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Jaxport back in the hunt for a new cruise ship terminal site
Container ships aren’t the only thing on the minds of officials at the Jacksonville Port Authority. Jaxport Interim CEO Roy Schleicher last week discussed with JEA's CEO, Paul McElroy, the possibility of building a new cruise terminal on JEA land. Jacksonville Business Journal
Submitted 1 years 282 days ago

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Duke Energy names CFO Good as CEO
Duke Energy Corp. (NYSE: DUK), the largest supplier of power in the U.S., announced this morning that Chief Financial Officer Lynn Good will become the CEO starting July 1, replacing Jim Rogers. She also will take a seat on the company's board. Triangle Business Journal
Submitted 1 years 282 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Just look around at what's happening in the aerospace industry in the American South. Aerospace is really making a move to become one of the region's top two industry sectors. It’s not there yet, but if large project counts are any indication, aerospace may soon challenge the petrochemicals sector as the second largest industry in the region. Never before has the aerospace industry been so important to the South's economy. Oh, what's the No. 1 industry sector in the South? Automotive is, of course. That industry hasn't been challenged much for 25 years in this region, or since we’ve been counting.

 

 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
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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