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Don't write off Alex Sink running for Florida governor just yet
TAMPA — Alex Sink barely lost the 2010 governor's race to Rick Scott, and as she weighs whether to take him on again there is no shortage of armchair shrinks speculating about her thinking: Tampa Bay Times
Submitted 1 years 342 days ago

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Daytona speedway to start $375 million renovation of grandstands in July
Daytona International Speedway will start a $375 million renovation of its grandstands next month, with plans to complete the project by 2016, speedway officials said Tuesday. Plans for overhauling the frontstretch of the 54-year-old racetrack have been scaled back from a proposal that depended on a $100 million state subsidy in the form of a sales-tax rebate. Orlando Sentinel
Submitted 1 years 342 days ago

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Rick Scott: The comeback kid?
A Quinnipiac University poll released this week showed that Gov. Rick Scott’s job performance ratings with voters have pulled to nearly even, with 43 percent rating him favorably and 44 percent unfavorably. That’s a high-water mark for Scott. Orlando Sentinel
Submitted 1 years 342 days ago

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IRS Scandal: What it's really about
Yes, the IRS targeted a group of people with a conservative leaning. Yes, the IRS tax exemption to social welfare groups that are political in nature is an abhorrent practice (liberal or conservative). Yes, the IRS has been used against an administration's "enemies" by both sides. Yes, the IRS has assumed power beyond its intended assignment. Chattanooga Times Free-Press
Submitted 1 years 342 days ago

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Sen. Grassley says IRS to pay $70 million in employee bonuses despite order to cut benefits
WASHINGTON — The Internal Revenue Service is about to pay $70 million in employee bonuses despite an Obama administration directive to cancel discretionary bonuses because of automatic spending cuts enacted this year, according to a GOP senator. Washington Post
Submitted 1 years 342 days ago

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Federal Reserve To Keep Buying $85 Billion In Bonds Each Month Until Job Market Improves
WASHINGTON -- The Federal Reserve says it will maintain the pace of its program to keep long-term interest rates at record lows, but offered a slightly more optimistic outlook for the U.S. economy and job market. The brighter outlook could be a hint that the Fed is moving closer to reducing its stimulus. But the statement gave no indication of when that might happen. Huffington Post
Submitted 1 years 342 days ago

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Huntsville, Alabama Department of Commerce to improve Bob Wade Lane for Toyota's growing engine plant
HUNTSVILLE, Alabama – The Alabama Department of Commerce is paying $366,000 for new turn lanes and a median crossover on Bob Wade Lane serving Toyota’s growing Huntsville engine plant. al.com
Submitted 1 years 342 days ago

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America's Leading Metros for Venture Capital, See How South Ranks
Venture capitalists are the financiers of high-tech innovation. The unique form of equity financing — which exchanges capital for shares in the enterprises they provide — has fueled the rise of revolutionary companies like Intel in semiconductors, Apple in personal computing, Genentech in biotech, Google in search, and Facebook and Twitter in social media. The Atlantic Cities
Submitted 1 years 342 days ago

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OSHA Investigating Second Chemical Plant Explosion In Louisiana
One day after a petrochemical plant exploded in Geismar, Louisiana on Thursday, killing two people and injuring 73, another chemical plant exploded in the state, killing one person and injuring seven. The CF Industries Holdings plant in Donaldsonville manufactures nitrogen, and the company is the largest producer of nitrogen in the country. This is the worst accident at the plant in 13 years. Think Progress
Submitted 1 years 342 days ago

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In Obama's Forgotten States, Dissent Festers
WASHINGTON — You might call North Dakota the antithesis of President Obama’s political base. Whites make up 90 percent of its population, which is fewer than one million people and mostly in rural areas. Its proportion of people 65 and over exceeds the national average. There was never a chance that North Dakota would give Mr. Obama its three electoral votes. New York Times
Submitted 1 years 342 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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