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Boeing’s ready for 787 to fly again. Who else is?
wo months after smoky batteries on a pair of Japanese-owned Boeing 787s prompted a global grounding of the fleet, much remains a mystery. At the top of the list of questions are what caused the lithium-ion power packs to overheat and how much longer it will be before the high-tech passenger jets are allowed to use their swept wings again. Post-Courier
Submitted 1 years 283 days ago

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The Surprising Reasons Why America Lost Its Ability To Compete
Competitiveness at the Crossroads (2012) is an alarming report with far-reaching implications. Forget the U.S. budget sequester. Set aside the financial bubbles on which the economy currently rests. Pay attention to something much more fundamental: America has lost the ability to compete in the international marketplace. Competitiveness at the Crossroads (2012) is an alarming report with far-reaching implications. Forget the U.S. budget sequester. Set aside the financial bubbles on which the economy currently rests. Pay attention to something much more fundamental: America has lost the ability to compete in the international marketplace. Forbes
Submitted 1 years 283 days ago

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Yes, the Financial System Is Rigged. Why Shouldn't You Profit From That Knowledge?
Our system is rigged. Unfair. Hopelessly neglectful of the little guy. All true. But do you really have a better choice? Did you honestly think Washington was going to let it all fail—and for good? After all, who’s backing Fannie Mae (FNMA) and Freddie Mac (FMCC), which are almost single-handedly backing the resurgent mortgage market? Who pumped more than $2 trillion into suppressing interest rates to record lows? Businessweek
Submitted 1 years 283 days ago

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How Business Size Factors in the Expansion or Re-location Process
“Small manufacturers are not little versions of major manufacturers,” says Michael P. Collins, president of MPC Management, a consulting company in Fairview, Ore., that focuses exclusively on the problems and challenges of small and mid-size manufacturers (SMM). Because different-sized companies vary greatly in their knowledge, resources, and needs, a single solution rarely fits all and any “suggested solutions and strategies must be tailored to the type of SMM,” says Collins. This also holds true for site selection requirements. Area Development
Submitted 1 years 283 days ago

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BofA: The American Energy Boom Is Creating A Sea Change For The US Dollar
BofA Merrill Lynch strategist David Woo is out with a report this week on the changing nature of the U.S. dollar's relationship with oil prices and what it means for the future of the American economy. The main conclusions of the piece are that a stronger dollar will help remove volatility from the business cycle in the U.S., make more people want to invest in U.S. assets, and further enhance U.S. economy's competitiveness vis-a-vis China and Europe. All of this is thanks to the American energy boom. Business Insider
Submitted 1 years 283 days ago

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'TIL THE LAST DROP: Corporate America Squeezing Workers From Every Direction
Thing One: Corporate America Squeezing Workers. Again: After squeezing its workers for years and making piles of cash doing it, Corporate America is hoping to squeeze something else out of its employees: Money. Investors are hoping that last week’s unemployment report -- which showed both a boost in jobs and wages -- is an indication that Americans will have more money to spend and therefore boost corporate profits, The New York Times reports. Of course, corporate profits have been getting a boost to record highs for the past few years, as the NYT notes, thanks partly to the Federal Reserve’s stimulus programs, which may only now be hitting ordinary Americans. The wages of those ordinary Americans, meanwhile, have been stagnant. Huffington Post
Submitted 1 years 283 days ago

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Haslam voices opposition to 22 proposed bills
NASHVILLE — Gov. Bill Haslam’s administration has officially voiced opposition to 22 bills pending in the Legislature, including measures revising the state’s motorcycle helmet law, allowing school faculty and staff to carry guns and increasing the penalty for motorists not wearing a seat belt. Knoxville News Sentinel
Submitted 1 years 283 days ago

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J.C. Penney plans to eliminate 2,200 more jobs as sales drop
J.C. Penney Co. is cutting an additional 2,200 jobs to trim costs as Chief Executive Officer Ron Johnson's revamp of the department-store chain causes sales to plunge. The positions to be eliminated include back-office administrators in stores and district offices as well as store leadership positions, Joey Thomas, a spokesman, said in an email Thursday. About 10 percent of J.C. Penney's 1,100 stores cut their headcounts because of sales volume shifts, he said. Daily Mail
Submitted 1 years 283 days ago

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High-tech industry to show off for W.Va. lawmakers
CHARLESTON, W.Va. -- Aspects of West Virginia's growing high-tech economy will be on full display at the Capitol in Charleston. Monday is Innovation & Entrepreneurship Day, hosted by Industries of the Future-West Virginia and TechConnect West Virginia. Daily Mailhttp://dailymail.com/News/statehouse/201303110035
Submitted 1 years 283 days ago

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Film incentives can mean big gains for Mississippi towns
GREENWOOD -- In 2009, a group of filmmakers descended on Greenwood, looking for potential locations for their adaptation of the bestselling novel "The Help." As they drove through the Mississippi town, they watched the homes and haunts of the book's characters spring up before them. Thanks to the determination of the filmmakers, the project was eventually filmed in the Delta town. But first, Mississippi had to beat out neighboring Louisiana for the business. That state has one of the country's most aggressive film incentive programs, an approach that's spawned a deep infrastructure of production crews, equipment suppliers, studios and actors. Sun Herald
Submitted 1 years 283 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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