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John Stancavage: Drilling regulations keep evolving as officials study quakes
Matt Skinner, a spokesman for the Oklahoma Corporation Commission, began Thursday with an earthquake at his home in the Oklahoma City area. It seems that Skinner can’t get away from tremors these days. Oklahoma surpassed California last year to have the most quakes among the 50 states. The OCC, which regulates the energy industry and utilities, is one of the groups that’s been trying to figure out why. “I’m literally eating, sleeping and breathing earthquakes,” he said. “We’re all wondering, ‘What’s next?’ ” Tulsa World
Submitted 1 years 323 days ago

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TVA on pace for $500 million in budget cuts after eliminating 2,000 jobs
TVA has cut nearly 2,000 jobs from its staff over the past couple of years, cutting TVA's staff below 11,000 employees for the first time in decades. TVA President Bill Johnson said today the agency has pared from its budget $400 million in ongoing maintenance and operating expenses since fiscal 2013 and anticipates cutting at least another $100 million from operating costs this year. But in a conference call with industry analysts and reporters, Johnson said most of the additional cuts planned this year "are baked into the budgets" and should be achieved by the end of the fiscal year in September. Chattanooga Times Free-Press
Submitted 1 years 323 days ago

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Group eyes auto academy for Chattanooga
With Volkswagen and its suppliers needing up to 4,000 workers in the Chattanooga area in the next couple of years alone, business and education groups are eyeing the startup of an automotive academy. "Those are just the jobs we know about today," said Rob Bradham, the Chattanooga Area Chamber of Commerce's vice president of public strategies. Bradham said the academy could mimic the Volkswagen Academy, which helps train the automaker's Chattanooga workforce. But, the automotive academy would include potential workers for the entire automotive sector doing business in the Chattanooga area, he said. Chattanooga Times Free-Press
Submitted 1 years 323 days ago

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Nashville can learn from Salt Lake's transit success
SALT LAKE CITY – Utah House Speaker Greg Hughes is a conservative lawmaker who saw public transit as an over-subsidized social service. Given the building costs, he thought the state would be better off buying people cars. The Tennessean
Submitted 1 years 323 days ago

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Out-of-state groups seek influence in Tennessee
Out-of-state interests have long sought to shape public policy in Tennessee, but some national organizations that are relative newcomers to the Volunteer State have added millions of dollars to the mix of political money and lobbying intended to achieve that influence. The Tennessean
Submitted 1 years 323 days ago

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Southwest Airlines says it is hiring 500 ramp agents
Southwest Airlines said Friday it wants to hire 500 ramp agents, those employees who handle bags and cargo and service the airplanes. Dallas Morning News
Submitted 1 years 323 days ago

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More job cuts hit Texas energy companies
Job cuts are prevalent across the board at Texas energy companies. Whether it’s oilfield services, manufacturing, construction or E&P, firms are dealing with less demand amid tumbling oil prices. Here are some of the latest numbers. Houston Business Chronicle
Submitted 1 years 323 days ago

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The 10 Best Cities To Relocate To In The U.S.
Relocation is recommended for many reasons. You'll get to know yourself better, meet new people and explore exciting places. It also presents the perfect chance to declutter and simplify your life. Now, thanks to Lincoln Property Company, looking for a change of scenery just got a little easier. Huffington Post
Submitted 1 years 323 days ago

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Best Places for Millennial Job Seekers in South Carolina
Although the Great Recession hit South Carolina harder than most places, recent economic indicators show the state is making some headway, if slowly. While the unemployment rate hasn’t budged much in the past year, millennials here are primed to find jobs. Nerdwallet.com
Submitted 1 years 323 days ago

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Georgia and South Carolina two of the worst states for working moms
With Mother’s Day less than a week away and women making up roughly half of the American labor force, the WalletHub conducted an in-depth analysis of 2015’s Best & Worst States for Working Moms. In order to help ease the burden on an underappreciated segment of the population, WalletHub analyzed the attractiveness of each of the 50 U.S. states and the District of Columbia to a working mother. We did so using 12 key metrics such as median women’s salary, female unemployment rate and day care quality rankings. Georgia was ranked 45th of 51st coming in at 48th on the lowest female to male executive ratio. It also ranked 50 for “work life balance”. Wjcl.com
Submitted 1 years 323 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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