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Jindal heads to Europe for economic development trip
Gov. Bobby Jindal will travel to Europe this weekend for a 10-day economic development mission, a trip that also could bolster the Republican's international relations credentials as he considers a possible presidential campaign. NOLA.com
Submitted 1 years 333 days ago

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GM Says Booming U.S. Auto Industry Still Has Room To Grow
General Motors Co. CEO Mary Barra today issued an upbeat forecast for 2015, saying an improved job market and high-tech cars will help lure younger buyers into U.S. showrooms. In a meeting with journalists on the eve of Detroit’s North American International Auto Show, Barra said the company expects light vehicles sales between 16.5 million to 17.0 million units in 2015. The last time industry sales reached 17 million units was in 2001. The industry delivered 16.5 million light vehicles last year. Forbes
Submitted 1 years 333 days ago

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Goodman Manufacturing moving nearly 2,000 Tennessee jobs out of state
Nearly 2,000 Goodman Manufacturing employees in Dayton and Fayetteville, Tenn., will see their jobs go south over the next 18 to 36 months. Knoxnews.com
Submitted 1 years 333 days ago

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Tennessee one of ‘high intensity' states for flu
Knoxville, a "flu capital" of the country? While that tag line has been making the rounds on social media and marketing materials, there's really no way to crown one city "capital" of influenza for a given season, health officials say. Knoxnews.com
Submitted 1 years 333 days ago

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With Veto Threat, Obama and Congress Head for Collision Over Keystone Pipeline
WASHINGTON — The White House on Tuesday made it clear that President Obama would veto a bill authorizing construction of the Keystone XL oil pipeline, setting up an immediate clash with Republicans just as they assume control of Congress. New York Times
Submitted 1 years 333 days ago

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Senate sets up showdown with Obama over Keystone pipeline
The Senate and President Obama launched down a collision course Tuesday over the Keystone XL oil pipeline, with 60 lawmakers introducing a new bill to approve the controversial project and the White House promising to veto it. The White House said Obama “wouldn’t sign” legislation being considered by both chambers hours after Sens. John Hoeven (R-N.D.) and Joe Manchin (D-W.Va.) introduced their legislation, citing ongoing litigation in Nebraska over the pipeline’s route through that state. The Hill
Submitted 1 years 333 days ago

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Senate panel approves Keystone XL bill, despite veto threat
WASHINGTON — The Senate Energy and Natural Resources Committee on Thursday approved legislation to authorize the Keystone XL pipeline, following a divisive debate over climate change that previewed bitter fights to come. The 13-9 vote to approve the measure — with West Virginia Sen. Joe Manchin the lone Democrat crossing party lines to back the bill — paves the way for Senate floor debate to begin as soon as Monday. Fuel Fix
Submitted 1 years 333 days ago

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Tennessee Senators ease into key roles in D.C.
With the GOP ruling the 114th Congress, area senators eased right into key roles Wednesday following congressional committee elections. Chattanooga Times Free-Press
Submitted 1 years 333 days ago

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Obama administration sued over Gulf of Mexico fracking info
GAINESVILLE, Fla. — An environmental advocacy group is suing the Obama administration in federal court for refusing to release documents detailing the extent of fracking in the Gulf of Mexico. The Center for Biological Diversity filed the lawsuit Thursday in U.S District Court in Washington, saying the Bureau of Ocean Energy Management has refused to comply with the group’s federal public records request. Fuel Fix
Submitted 1 years 333 days ago

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14 Stretches ​You Can Do At Your Desk ​That Will Make You Feel Better ​In Seconds
Too many of us are guilty of sitting nonstop at our desks. And really, who can blame us? There’s always so much work to get done, so many emails to reply to, so many cat GIFs to look at. But, as you’ve probably heard, sitting for long hours is directly linked to heart disease, mental health decline, and weight gain—even for people who regularly exercise. Business Inisder
Submitted 1 years 333 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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