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Energy Absolute to Invest $1.4 Billion in Solar, Wind Projects
Energy Absolute Pcl (EA), whose Bangkok-listed shares have more than tripled this year, plans to spend about 46 billion baht ($1.4 billion) over the next three years to boost generation capacity from renewable energy. Bloomberg
Submitted 1 years 309 days ago

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Investing in the American energy renaissance
Every once in a while, you see something you've never seen before, such as a spiny bandicoot or a Canadian militant. But here's something you really haven't seen before: A period of seething Middle Eastern unrest — and falling energy prices. West Texas Intermediate crude oil prices fell from an average of $106 a barrel in June to $104 a barrel in July, despite record levels of U.S. demand for crude oil, says the U.S. Energy Information Agency. The price of unleaded gasoline has fallen to $3.44 a gallon from $3.70 in April, and from nearly $4 three years ago. USA Today
Submitted 1 years 309 days ago

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Customers hot about higher Duke energy bills
St. Petersburg, Florida -- Thousands of Duke Energy customers are getting billed for an extra 12 days because the utility is reorganizing routes for its meter readers to reduce their travel. wtsp.com
Submitted 1 years 309 days ago

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Dynegy to spend $6.25 billion on power plant acquisitions from Duke, Energy Capital Partners
Dynegy plans to spend more than $6 billion to buy several coal and gas power generation plants from Duke Energy and Energy Capital Partners. Shares of the Houston power producer soared Friday before markets opened and after it announced the deals. US News & World Report
Submitted 1 years 309 days ago

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Editorial: Myths guiding opposition on Common Core
Common Core, the education reform plan created by the Council of Chief State School Officers and backed by the National Governors Association, once had the support of 45 states and the District of Columbia. The support was bipartisan. Nearly a score of Republican governors backed the plan as a replacement for No Child Left Behind. But in recent years it has become almost an article of faith for Republican political candidates to oppose Common Core. Concordmonitor.com
Submitted 1 years 309 days ago

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Common Core Support in Free Fall
Public opinion toward the Common Core State Standards is at a tipping point. After months of political debates, lawsuits and protests, support is waning for the academic benchmarks as some of the groups that once most strongly backed the standards are turning away, two national surveys released this week show. In its annual poll on the public's attitude toward public education, PDK International and Gallup found a marked shift in awareness of Common Core. One year ago, two-thirds of those surveyed said they hadn't heard of the standards. Now, more than three-quarters have heard about Common Core, and it appears that many don't like what they've heard. Sixty percent of those surveyed said they oppose the standards, which have long been embroiled in political controversy. US News & World Report
Submitted 1 years 309 days ago

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Judge rules Louisiana schools will use Common Core tests as public support for standards wanes
A Louisiana state judge has ruled against Gov. Bobby Jindal’s efforts to suspend the state’s contract to use Common Core-aligned tests in public schools next spring. By suspending the contract with an executive order earlier this summer, Jindal could have single-handedly removed Louisiana from the group of more than 40 states where schools will be using the Common Core State Standards for math and English this year. PBS.org
Submitted 1 years 309 days ago

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Judge rules NC school voucher program unconstitutional
RALEIGH, N.C. — A Superior Court judge on Thursday overturned a state law that awards taxpayer-funded vouchers to low-income families who want to send their children to private or religious schools. wral.com
Submitted 1 years 309 days ago

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No easing of drought conditions in parts of Alabama
Drought conditions expanded a bit last week in Alabama, and this weekend's heat wave is not expected to help matters. The U.S. Drought Monitor Report, which is compiled every Tuesday and released Thursday, shows that the drier areas have grown a bit across the state. AL.com
Submitted 1 years 309 days ago

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Sweet Lawsuit Home, Alabama
More than a few states—notably Texas and Mississippi—have cleaned up their reputations as lawsuit meccas in recent years. Then there's Alabama. That state's Supreme Court doubled down on its bad judgment last week, ruling that a drug company could be held liable for failing to warn about side effects from a drug produced by another company. Wall Street Journal
Submitted 1 years 309 days ago

 

 

 

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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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