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No matter who wins presidential race, nation's course remains unclear
WASHINGTON -- America will choose a president this week. It may not choose a course for the nation. The country nears Election Day 2012 divided and polarized over the two major party candidates, suggesting a close verdict in either direction and a refusal to coalesce behind one or the other. President Barack Obama could be defeated, just four years after seizing the presidency with a solid majority amid a promise of hope and change. News Observer
Submitted 2 years 18 days ago

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NC seeks to recover millions in unemployment benefit overpayments
The North Carolina Division of Employment Security says it has signed onto a federal debt recovery program to help it recover up to $50 million in fraudulent jobless benefit overpayments. Triangle Business Journal
Submitted 2 years 18 days ago

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NC’s case against Bank of New York Mellon can go forward
North Carolina Business Court Judge John R. Jolly, Jr. will let the state pension fund’s $70 million lawsuit against Bank of New York Mellon continue, rejecting Mellon’s claim that the case has no merit. Triangle Business Journal
Submitted 2 years 18 days ago

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An uneasy economy, and those living through it
CHARLOTTE, N.C. Here was Chas Kaufmann's life before the Great Recession: $28,000 in restaurant tabs in a year, cruises, house parties with fireworks. His Mr. Gutter business was booming in the Pennsylvania Poconos. Now: "We mainly shop at Sam's Club and portion out our meals. We spend $4 to $5 a night on eating." He and his wife use space heaters in their elegant house and leave parts of it cold. The Hummer is gone, and he drives a 2005 pickup. On Nov. 6, Kaufman is voting for Mitt Romney. Charlotte Observer
Submitted 2 years 18 days ago

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A study in contrast: George Allen and Tim Kaine
On Tuesday, voters will decide Virginia's next U.S. senator, choosing between two well-known former governors. Republican George Allen is looking to reclaim the seat he narrowly lost in 2006 to Jim Webb, who is retiring. Democrat Timothy M. Kaine is hoping to help Democrats maintain control of the Senate after losing their power in the House two years ago. Charlotte Observer
Submitted 2 years 18 days ago

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Sales of uptown Charlotte office towers heat up
With last week’s sale of NASCAR Plaza and rumored sale of an office tower at 525 N. Tryon St. later this fall, Charlotte’s uptown is set to post a record year for office building sales. By the end of the year, Charlotte’s uptown office market could boast a sales volume of more than $553 million, according to data compiled by CBRE Group Inc. and sources close to the transactions. This would beat the previous high from 2007, when roughly $500 million in uptown properties traded hands. Charlotte Observer
Submitted 2 years 18 days ago

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Oil sands deals another blow to `energy independence’
Rising costs and increased competition from hydraulic fracturing in the U.S. is taking its toll on investments in Canadian oil sands. The slowdown is limited so far, but it shows how quickly energy markets can change and how tenuous the idea of North American energy independence actually is. Fuel Fix
Submitted 2 years 18 days ago

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TVA cuts 560 gigawatt-hours
Tennessee Valley Authority calculates that its energy efficiency initiatives in 2012 saved enough energy to power more than 35,000 Tennessee Valley homes for a year Chattanooga Times Free-Press
Submitted 2 years 18 days ago

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Manufacturing key for rebound of Georgia economy
As workers came back from their late-morning break, a symphony of production began to play. Beneath a large American flag, the Alpharetta factory rang with the sounds of press brakes, turret punches, laser cutters and welders. The thump of metal sheets being pounded, the sizzle of others being sliced and the rhythmic scrunch of metal folded cleanly at the edges — as if it’s paper — harmonized with the hoots of forklifts backing, braking and prowling the floor. Atlanta Journal Constitution
Submitted 2 years 18 days ago

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Lawsuit worth $900M filed over new Ga. reactors
ATLANTA — The contractors building two nuclear reactors in eastern Georgia have filed a lawsuit seeking more than $900 million from Southern Co. and other plant owners. Atlanta Journal Constitution
Submitted 2 years 18 days ago

 

 

 

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

The America South is home to almost as many residents as the Northeast and the Midwest combined, but even that statistical record is about to be broken. According to a new Census Bureau study that came out in April, 51 percent of the nation's population jump occurred in the South from 2010 to 2013.
 

 Randle Report - Business News in the South

 FEATURE  
By Stacy Randle
Demographer Wendell Cox recently analyzed the largest gains in holders of bachelor's and post-graduate degrees between 2007 and 2012 in the 51 metro regions in the U.S. of 1 million residents or more. The results were published in Forbes magazine and the South dominated the ranking.
 

 Business News in the South - Randle Report

FEATURE     
This is our annual "Made in the South" issue and it's timely because there is a new player in the South's manufacturing universe. For almost two decades, economic developers and politicos in the South and the U.S. have been chasing Chinese projects with little or nothing to show. Want proof we've been chasing ghosts in China for years? Okay, go ahead and name a Chinese brand that's made in the South? Tick. . .tick. . .tick. Give up?
 
 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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