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Giving Away Louisiana: Billions in tax incentives could pose danger to state's future
“Duck Dynasty” is the most popular show in the history of A&E. Wal-Mart is the world’s largest retailer. Valero is America’s biggest independent refiner, earning $6 billion in profits last year. But despite all that success, they’re all receiving generous subsidies from the taxpayers of Louisiana, through programs that funnel more than a billion dollars every year to coveted industries. Every time the Robertson clan films another episode of “Duck Dynasty,” Louisiana is on the hook for nearly $330,000, at last count. Sun Herald
Submitted 1 years 303 days ago

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Inside Texas Politics: The 2014 Turkey Awards
On this week's edition of WFAA-TV's Inside Texas Politics with host Jason Wheeler, the Fort Worth Star-Telegram's Bud Kennedy and Tribune Executive Editor Ross Ramsey, an annual tradition: the Turkey Awards. Some you might expect, others might surprise you, but one thing's for sure — there were plenty of legs (and gizzards) to go around. Texas Tribune
Submitted 1 years 303 days ago

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Commissioners are split on incentives for local company
GREENSBORO — Democrats and Republicans joined forces to narrowly reject a $165,000 economic incentive grant Thursday night for Kay Chemical, a global cleaning product supplier with operations in Greensboro. News-REcord
Submitted 1 years 303 days ago

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Wanted: experienced farmer to join the space race
SpaceX was founded just over a decade ago by PayPal entrepreneur Elon Musk to make space cargo cheaper to launch, ultimately taking humanity one step closer to colonising Mars. The company has hit several impressive milestones since then: in 2008 it put the first privately-funded rocket into orbit, and in 2012 it launched the first private spacecraft to meet the International Space Station. NASA - its own capabilities severely reduced by years of funding cuts - now contracts it to send material to orbit. It employs 4,000 of the best and brightest, including rocket scientists and physicists. But the company is now seeking an unusual candidate to help with its work at the 900 acre SpaceX Rocket Development and Test Facility in Texas: a farmer with experience maintaining John Deere tractors. Telegraph.co.uk
Submitted 1 years 303 days ago

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Company aims to launch new space race in South Texas
Someday, capsules sent aloft from a New Mexico desert will whisk celebrity passengers on flights into suborbital space. And someday rockets taking off from a sandy beach in Texas will carry colonists to Mars. News-Journal
Submitted 1 years 303 days ago

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Why metrics matter for economic development and for business
I have for many years believed that in order for economic development efforts to be successful, it requires clearly defined goals that can be articulated and measured. If an organization or a community does not have a plan or strategy or more importantly a method to measure success, it is difficult to see the road ahead. Missoulian.com
Submitted 1 years 303 days ago

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Alabama grant to help Lowndes County lure industry
MONTGOMERY--A state grant will help an automotive supplier create 200 new jobs with an expansion in Lowndes County. Tuscaloosa News
Submitted 1 years 303 days ago

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10 Most Conservative Colleges in the U.S.
The university was founded by firebrand Baptist minister Jerry Falwell in 1971 and offers students 148 undergraduate programs, 87 graduate programs and 11 doctoral programs. The college is ranked 80 in the Southern region by U.S. News and World Report. The Street
Submitted 1 years 303 days ago

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Asheville, North Carolina Urban Farm grows vegetables, minds
Asheville Urban Farms is a model of an efficient farm, a teaching tool, and a commerce-generating machine in an unassuming former solar-panel manufacturer’s warehouse by the French Broad River. Within 10,000 square feet are multilevel greenhouses with shoji-style sliding doors. Cityfarmer.info
Submitted 1 years 303 days ago

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Art Basel, Miami and the beach that went boom
The tents are up and the taste-maker parties are under way. It’s the start of the trade-show-meets-tropical-bacchanal that is Art Basel Miami Beach. On the way into Miami, a taxi driver tells me the fair, now 12 years old, is bigger than the boat show and spring break. The Guardian
Submitted 1 years 303 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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