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Florida's Rick Scott and Georgia's Nathan Deal have governor's meeting over water wars
TALLAHASSEE --Amid an ongoing legal fight the governors of Florida and Georgia met behind closed doors on Tuesday to try to resolve a long-running water dispute. Florida Gov. Rick Scott met for an hour Tuesday with Georgia Gov. Nathan Deal at the governor’s mansion located about a mile north of the state Capitol. The meeting comes as the U.S. Supreme Court prepares to hear a challenge from Florida seeking to limit Georgia’s withdrawals from the Chattahoochee River. Deal requested the meeting with Scott. Jacksonville.com
Submitted 1 years 286 days ago

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Best Places to Start a Business in Georgia
Georgia checks a lot of boxes for business owners. Low tax rates? Check. Ample technology infrastructure? Check. An abundance of well-educated workers? Check. Affordable cost of living? Check. Readily available support services? Check. Nerdwallet.com
Submitted 1 years 286 days ago

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New Report Shows EPA’S Proposed Carbon Regulations Will Create Tens Of Thousands Of Jobs
By 2020, the Environmental Protection Agency’s (EPA) proposed Clean Power Plan will create nearly 100,000 more jobs than are lost, according to a new report from the Economic Policy Institute, a non-partisan think tank. The report’s initial estimates are higher than some similar studies; however, the institute found that the job impacts of the Clean Power Plan, which limits carbon emissions from power plants, would not last, and would become “almost completely insignificant by 2030.” Think Progress
Submitted 1 years 286 days ago

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Walmart Raised Wages In April. It’s Already Seeing The Benefits.
After it raised wages for employees in April, Walmart said on Friday that it’s already seen lower turnover and an increase in job applicants. “Our job applications are going up and we are seeing some relief in turnover,” CEO Doug McMillon said at a media briefing after its annual shareholders meeting. The company’s performance has been suffering recently thanks to understaffed stores, among other things. Think Progress
Submitted 1 years 286 days ago

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Oil-and-gas, manufacturing sectors hammered in May jobs report
Texas’ private-sector employers added a net 8,600 jobs during the month of May, according to the ADP Regional Employment Report. The report, produced by Roseland, N.J.-based ADP (NYSE: ADP) and Moody’s Analytics Inc., showed that during the month the state gained 19,100 jobs in the service-producing sector but lost 10,500 jobs in the goods-producing sector to bring the total to a net 8,600 jobs. San Antonio Business Journal
Submitted 1 years 286 days ago

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OUT to LUNCH
The Randle Report is breaking for lunch and making way for a new editor shift. Click on the headline above to access Southern Business & Development's Web site for more detailed information on economic development in the South. Posts will resume at 1:30 pm CDT.
Submitted 1 years 286 days ago

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VIDEO: POLITICO Playback


Politico
Submitted 1 years 286 days ago

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Judge orders Dallas-based Trinity Industries to pay $663.4M for defrauding government
A U.S district judge on Tuesday ordered Dallas-based Trinity Industries to pay $663.4 million after a federal jury ruled that it was liable for the not telling the government about changes made to a widely use guardrail system. Dallas Business Journal
Submitted 1 years 286 days ago

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Charlotte ranked as one of most underrated U.S. cities
It's not exactly a double-blind study with a complex methodology, but Charlotte is considered one of the most underrated cities in the U.S.. Charlotte Business Journal
Submitted 1 years 286 days ago

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Sun Solutions expanding Midlands operations
COLUMBIA, S.C. – Sun Solutions, a locally-owned company that specializes in the delivery of print and other media communications, is expanding its South Carolina operations with the construction of a new building in Lexington County. The company’s $10.5 million investment is expected to result in 50 new jobs. SC Commerce
Submitted 1 years 286 days ago

 

 

 

Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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