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Birmingham's ServisFirst Bank remains bullish on Tennessee, Nashville market
ServisFirst Bank is fresh off the heels of an initial public offering, which raised more than $50 million in capital for the bank. Nashville Business Journal
Submitted 1 years 349 days ago

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Pentagon Awards $575 Million in Defense Contracts
The Department of Defense awarded 17 defense contracts in its Wednesday evening announcement of contract awards. The total value of these contracts was $574.8 million. Among the publicly traded companies winning contracts: 247wallst.com
Submitted 1 years 349 days ago

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Louisiana’s War On Women: The 5 Worst Attacks On Reproductive Rights Launched This Year
The last several years have brought a record-breaking number of abortion restrictions on the state level. Nonetheless, lawmakers show no signs of letting up, opting to continue enacting a complicated web of laws related to the medical procedure. This legislative session, Louisiana has exemplified that strategy, advancing several different attacks on reproductive rights at the same time. Here’s what the lawmakers in the Pelican State have been spending their time on: Think Progress
Submitted 1 years 349 days ago

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High-speed train would bring jobs to Brevard
The company seeking to start high-speed passenger rail service between Orlando and Miami claims its project of adding and upgrading rail lines would generate a significant short-term boost in terms of jobs and economic impact in Brevard County. Florida Today
Submitted 1 years 349 days ago

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Out to Lunch
The Randle Report is breaking for lunch and making way for a new editor shift. Click on the headline above to access Southern Business & Development's Web site for more detailed information on economic development in the South. Posts will resume at 1:30 pm CDT.
Submitted 1 years 349 days ago

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VIDEO: POLITICO Playback


Politico
Submitted 1 years 349 days ago

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Rick Scott Looks to Build Ports and Political Points
Gov. Rick Scott has ports and politics this week as he tours Florida’s ports. Starting with an appearance at JaxPort on Wednesday, Scott plans to finish the week with events at Port Tampa Bay and Port Canaveral to talk about his plans to invest $1 billion in them over 8 years, including money already distributed during his term in office. During Scott’s term as governor, the state has backed ports -- which are preparing for the Panama Canal expansion -- with $700 million. Sunshine State News
Submitted 1 years 349 days ago

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Study: High-speed train could create over 700 jobs for Brevard (FL.) County
All Aboard Florida on Wednesday released an economic impact study indicating that over 700 jobs are expected to be created in Brevard County due to the creation of new track and the upgrading of existing rail lines between Orlando and Miami. gantdaily.com
Submitted 1 years 349 days ago

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Seven States Running Out of Water, See Which Are Southern
The United States is currently engulfed in one of the worst droughts in recent memory. More than 30% of the country experienced at least moderate drought as of last week’s data. 247wallst.com
Submitted 1 years 349 days ago

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Texas leads list of fastest growing US cities
They grow everything bigger in Texas, even the cities. Three of the nation's five fastest-growing cities — and seven of the top 15 — are located in the Lone Star State, new data from the Census Bureau shows. The Texas cities of San Marcos, Frisco and Cedar Park were No. 1, 2 and 4 in percentage population growth between 2012 and 2013, each growing by at least 5 percent in that time span. Christian Science Monitor
Submitted 1 years 349 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
The belief that "80 percent of all new jobs come from existing business and industry" is an out-of-date, old-fashioned fabrication. I have no idea how it started, where it started, or who said it first, but there are professionals in economic development as well as leaders of government in the South who actually believe that each year, 80 percent (why 80 percent I don't know, either) of all new jobs are created by existing business and industry. I hear it all the time and I just roll my eyes. There is nothing static in economic development but this: 100 percent of all lost jobs come from existing business and industry. That, and of course 100 percent of the time site consultants never pay for a meal.
 

 Business News in the South - Randle Report

FEATURE     
According to Chinese theory, yin is a passive, negative force and yang is an active, positive force. Chinese philosophers believe that the opposing forces aren't really contradictory. Instead, they are interconnected and complimentary, interacting to create a balance in one's life. 
 
 Nashville Mayour Karl Dean
The Annie E. Casey Foundation's KIDS COUNT report was released in the summer quarter. I try to read it every time it comes out since I find it to be the best indicator of child poverty, a statistic everyone involved in economic development needs to be aware of. The Annie E. Casey Foundation is a charity that supports disadvantaged children. 
 


 

 

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