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30 new Aldi stores headed for Houston
Discount grocerer Aldi confirmed this week it plans to enter the Houston market with multiples stores, saying it plans 30 locations over the next three years. The first stores in Houston, more than 10, are set to open in spring of 2013. Houston Chronicle
Submitted 1 years 337 days ago

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Charlotte-based Bank of America Dealt Punches from the 99 Percent, Shareholders Tell Their Side
“Bank of America, Bad for America” went the chant of protesters outside of the Charlotte headquarters with a large ball and chain marked with the word “DEBT” sitting it the background. Meanwhile shareholders piled into the annual meeting that serves as a formality of transparency for publicly traded companies . Unlike previous years, executives experienced something more than formality as people armed with shares of the big bank came to the mic demanding answers and accountability for Bank of America’s alleged fraudulent mortgage practices, funding in predatory payday loan stores, investing in dirty coal, and crashing the economy. The laundry list of wrongdoing by the bank cost millions of families their homes and their health. Truth-Out
Submitted 1 years 337 days ago

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Alabama Gov. Bentley signs bigger beer container bill into law
BIRMINGHAM, Alabama -- Gov. Robert Bentley has signed the Gourmet Bottle Bill into law, paving the way for bigger bottles of beer to be produced and sold in the state. The Birmingham News
Submitted 1 years 337 days ago

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Fracking bill advances in N.C. legislature
The state’s debate over fracking resumed Wednesday with the advance of a bill that would legalize the natural gas mining method within two years in this state, giving agency officials until 2014 to come up with provisions to protect the public health and the environment. The bill, sponsored by Republican Sen. Bob Rucho of Mecklenburg County, is controversial even within the Republican-dominated legislature. It will compete for votes against a more moderate approach expected from Sen. Mitch Gillespie, a McDowell County Republican who favors greater public safeguards. News Observer
Submitted 1 years 337 days ago

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Lawmakers OK web portal for health care overhaul
LITTLE ROCK — A legislative panel today cleared the way for the state Department of Human Services to create a Web portal for collecting information from doctors as part of the state’s overhaul of its health care payment system. The Rules and Regulations Subcommittee of the Legislative Council gave a favorable review to a proposed rule calling for creation of the portal. The subcommittee’s action completes the legislative review process for the rule, which previously was reviewed by the House and Senate public health committees. Arkansas News Bureau
Submitted 1 years 337 days ago

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PRESENTING: America's Energy Future
The American Petroleum Institute is the mega lobbying group for the country's oil and natural gas industry, just-released their annual Energy in Charts report. Business Insider
Submitted 1 years 337 days ago

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Merry Maids to hire 1,000 new U.S. employees
Merry Maids will hire about 1,000 new employees for its 70 company-owned locations and 400 franchises throughout the U.S. Memphis Business Journal
Submitted 1 years 337 days ago

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Government jobs not a major factor in Houston
Although Texas added the most government jobs of any state over the past 10 years, neither the state nor the Houston area relies heavily on the government to employ its workforce, new reports show. Houston Business Journal
Submitted 1 years 337 days ago

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Georgia's "Deal" Man
So, you're a CEO trying to figure out where to move your operation. The lack of good available talent in your city is absolutely killing your business, and the employee issue is taking up way too much of your time. Atlanta Business Chronicle
Submitted 1 years 337 days ago

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Gay prosecutor's rejection for judgeship lands Virginia back in spotlight


Richmond Times-Dispatch
Submitted 1 years 337 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Reshoring manufacturing capacity from primarily Asia to the South and Mexico is now a common thing to do and it's all about money. When China joined the World Trade Organization in 2001, the average manufacturing wage in China's Pearl River Delta (PRD) was about 58 cents an hour.

 Randle Report - Business News in the South

 FEATURE  
By Dr. Glen Fenter
Desperation sometimes masks itself in acceptance. Such was the case for Takelia Carter of Marion, Ark. For Carter, the mother of six school-age children in a low paying job, desperation was normative existence. This was her life in Crittenden County, Ark., deep in the Delta where unfortunately one in four families lives well below the poverty level.
 

 Business News in the South - Randle Report

FEATURE     
By Mike Randle
There are numerous factors driving the new industrial revolution in the South. And it is a revolution, as this manufacturing surge that began in 2007 continues to break records year after year in the total number of large, capital intensive projects. One factor, of course, is that reshoring of facilities back to the U.S. continues to grow each year.
 
 Nashville Mayour Karl Dean

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

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