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Panel: Debt, government regulations hinder North Carolina’s small businesses and job creation
Small-business leaders and advocates sat down with U.S. Sen. Kay Hagan Monday afternoon at the Mint Museum Uptown to discuss the hurdles facing the state’s entrepreneurial community and how those issues are impeding what Hagan says is her No. 1 priority: creating jobs. Top concerns included: the skills gap in the current workforce, the time and money businesses spend navigating government regulations, and the role crushing student loan debt plays in quelling young people’s entrepreneurial ambitions. “We can create a better (small business) environment,” Hagan said, after a two-hour meeting with members of her Small Business Advisory Committee, a group she formed in March to advise her on legislative issues and help her develop policy proposals that support North Carolina’s small businesses. Charlotte Observer
Submitted 1 years 336 days ago

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N.C. lawmakers meet raucous crowd at Charlotte forum
Reflecting the tensions that marked North Carolina’s legislative session, seven Mecklenburg lawmakers sparred with each other and their audience Wednesday night over the new voting law, education spending and Charlotte’s airport. In a lively exchange at the forum sponsored by the Observer and PNC Bank, lawmakers answered questions about what guest host Mike Collins called a “tumultuous” session. Charlotte Observer
Submitted 1 years 336 days ago

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UBS to add 1,000 jobs in Nashville
UBS plans to add 1,000 new jobs in Nashville over the next five years, expanding the global banking giant’s service center here to become the business solutions center for the Americas. The Tennessean
Submitted 1 years 336 days ago

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Post-Katrina New Orleans A Story Of Modern Pioneering
It's been 8 years to the day since Hurricane Katrina devastated the Gulf Coast. To mark the anniversary, NPR revisits neighborhood activist and curator Ronald Lewis, a New Orleans resident who Morning Edition host Steve Inskeep regularly checked in with in the months after the storm. "Unbelievable." That's how then-displaced Lower Ninth Ward resident Ronald Lewis described his neighborhood in the days after Hurricane Katrina. "A part of your community just completely washed away," Lewis told Inskeep. At the time, one of his neighbors' homes was perched in the middle of the street. NPR
Submitted 1 years 336 days ago

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Texas Democrats look for statewide candidates to run on ticket with Wendy Davis
Democratic operatives are scouring Texas to find worthy statewide candidates to run on a 2014 ticket with Sen. Wendy Davis. Davis is expected to announce in the coming weeks whether she’ll challenge for governor or opt to seek re-election. Dallas Morning News
Submitted 1 years 336 days ago

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Texas Groundwater Districts Face Bevy of Challenges
SAN MARCOS — As groundwater managers from across the state met here this week to discuss the numerous challenges they face, talk of legislative changes to water financing and a campaign to convince voters to allow more of it was eclipsed by more pressing issues. Texas Tribune
Submitted 1 years 336 days ago

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Alabama was overpaid $88M in Medicaid funds, and the feds want it back
The U.S. Department of Health and Human Services wants the state to return $88.1 million. The Inspector General of HHS says the Alabama Medicaid Agency must return the funds because it miscalculated the number of children enrolled in the program in fiscal years 2009 and 2010. Dr. Don Williamson, the head of an effort to revamp the way Medicaid is delivered in Alabama, said the state planned to meet with the Centers for Medicare & Medicaid Services within the month to try to resolve the issue. He also said returning the money would be difficult. Montgomery Advertiser
Submitted 1 years 336 days ago

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Mayor-elect Sandy Stimpson 'confident' his administration can move forward with Airbus project
MOBILE, Alabama – Mayor-elect Sandy Stimpson said on the campaign trail that he plans on removing the door of the mayor's office the first day he's in office in an effort to improve transparency. But before he does that symbolic gesture in early November, Stimpson will likely be doing a lot of behind-the-scenes preparations for his first days as Mobile's mayor. One of those plans is likely reaching out to Airbus Americas, the company in charge of building one of the largest economic development projects in the history of the city. AL.com
Submitted 1 years 336 days ago

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New lawsuit challenges Alabama Accountability Act; Says taxpayer dollars will support religious schools
MONTGOMERY, Alabama – A state senator, teacher and a school superintendent have filed a lawsuit seeking to overturn Alabama's new school choice law arguing the legislation was not properly approved and will illegally divert public school money to religious institutions. AL.com
Submitted 1 years 336 days ago

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That's The Randle Report for Wednesday, August 28, 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 336 days ago

 

 

 

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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