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Toyota kicks off move with 'Hello Texas' block party
PLANO -- Toyota is getting ready to bring close to 4,000 jobs to North Texas, and on Monday the company is hosting a huge block party in celebration of moving to Plano. wfaa.com
Submitted 1 years 305 days ago

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Americans Are Costing Themselves Billions Of Dollars By Working Too Hard
Not taking time off from work isn't just making you more stressed — it's costing you money. That's because employees who don't use all of their paid time off are essentially working for free during the extra days, a new study says. Business Insider
Submitted 1 years 305 days ago

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Return of P: Is Texas Really Ready for Another George Bush?
George Prescott Bush was campaigning before he knew why. In January, the Fort Worth resident, investor, politico, Navy reservist, and grandson of the 41st president and nephew of the 43rd, announced he was forming an exploratory committee to run for office in Texas. For which office? He didn't say. Weeks went by, and then finally, in the spring, he tweeted a housekeeping update: he would aim to become the state's next land commissioner. Mother Jones
Submitted 1 years 305 days ago

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WALL STREET'S BRIGHTEST MINDS REVEAL THE MOST IMPORTANT CHARTS IN THE WORLD
Here they are: the most important charts in the world. A lot has changed since the last time we published this collection back in July. The economic situation in Europe has deteriorated, the unemployment rate in the US has fallen below 6%, and the Fed looks poised to conclude its quantitative easing program this week. Business Insider
Submitted 1 years 305 days ago

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Politics Counts: Why Outsourcing Attacks Hit Home in Georgia
In the last few weeks the Senate race in Georgia has tightened up as Democratic candidate Michelle Nunn has pounded Republican David Perdue in ads talking about his experience in “outsourcing” labor as a corporate leader. Wall Street Journal
Submitted 1 years 305 days ago

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Ryan Gosling, in Atlanta filming “Nice Guys,” spotted in Buckhead
Ryan Gosling is in Atlanta filming “The Nice Guys” with Russell Crowe. Nice guy that he is, Ryan posed for this photo with some of the Buckhead Diner staff! Atlanta Journal Constitution
Submitted 1 years 305 days ago

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Obscene Campaign Spending on 2014 Midterms Nears $4B
An astounding $4 billion will be spent on the midterm election campaign this year, says the Center for Responsive Politics (CRP), a campaign watchdog group. Yet from the looks of things, that obscene amount still isn’t enough to satisfy the needs of Republicans and Democrats slugging it out for control of Congress. The Fiscal Times
Submitted 1 years 305 days ago

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Alabama city on list of places where most successful veterans live
If you're a veteran looking for a new home, you'd do well to consider Huntsville. Those are the findings of a new ranking that shows some of the best places for veterans to live. The rankings, by militarystorage.com looked at places where veterans are better off than their non-veteran counterparts in terms of income, employment and education. AL.com
Submitted 1 years 305 days ago

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The 5 funniest things the Dalai Lama said in Alabama
BIRMINGHAM, Alabama - The Dalai Lama has a great sense of humor and a loud chuckle that makes you want to laugh with him. He said some funny things over the weekend while he was in Birmingham, not always intentionally. Here are five of his funniest moments: AL.com
Submitted 1 years 305 days ago

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That's The Randle Report for October 27, 2014
Join us again tomorow 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 306 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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