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American-US Air deal would cut passenger choices
A decade of consolidation is about to leave the U.S. airline industry with only four major carriers. Later this month, US Airways and American Airlines are expected to merge, creating the world's largest carrier and leaving the industry with four mega-carriers -- down from the 10 major airlines that existed in 2001. CNN
Submitted 2 years 20 days ago

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Why jobs aren't coming back
n the 1973-1975 recession, 874,000, or 69 percent, of the 1.26 million jobs lost were midpay. And 46 percent of the 10.97 million jobs created the 42 months after the recession were midpay. The Tennessean
Submitted 2 years 20 days ago

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Report: Obamacare Already Saving Americans BILLIONS
Health care reform may have been suffered some bruises at the hands of Congress and the Supreme Court that could shorten its reach and Medicare may face cuts during the next round of budget negotiations between President Barack Obama and congressional Republicans. Business Insider
Submitted 2 years 20 days ago

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U.S. Official Faults F.A.A. for Missing 787 Battery Risk
The nation’s top transportation safety official said on Thursday that the Federal Aviation Administration accepted test results from Boeing in 2007 that failed to properly assess the risks of smoke or fire from the batteries on Boeing’s new 787 jets. New York Times
Submitted 2 years 20 days ago

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Gulf Shores, Orange Beach named 'Best Place for a Family Escape' by Louisiana magazine
GULF SHORES, Alabama -- Another day and another accolade for Gulf Shores and Orange Beach. al.com
Submitted 2 years 20 days ago

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10 States With The Best Tax Breaks For The Wealthy, See Which 4 Are Southern
There's no better evidence of the growing chasm between America's rich and poor than state tax rates. On average, the nation's lowest-income residents pay tax rates that are twice as high as the wealthiest 1 percent of taxpayers, according to a new report by The Institute on Taxation and Economic Policy. Business Insider
Submitted 2 years 20 days ago

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Domestic crude puts U.S. refineries in a sweet spot
Demand for gasoline is dropping in North America, but many U.S. refineries - especially those along the Gulf Coast - don't need to worry just yet. Houston Chronicle
Submitted 2 years 20 days ago

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Hospital cuts could have $13B economic impact in Tennessee
The Tennessee Hospital Association says that the estimated $5.6 billion in cuts to federal healthcare reimbursements could cost the state 90,000 job over the next decade. The Tennessean
Submitted 2 years 20 days ago

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Invasive plant species threaten Texas waters
Bill Johnson nudged the nose of the airboat through an opening in the 30-yards-or-so-deep picket of moss-draped cypress trees rimming Lake Charlotte, cut the engine and we drifted silently into the shadowy, shallow-water world along the edge of the sprawling natural lake along the lower Trinity River. Houston Chronicle
Submitted 2 years 20 days ago

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Wildlife Federation sues Rick Scott and Cabinet over Everglades leases
TALLAHASSEE -- The Florida Wildlife Federation has sued Gov. Rick Scott and the Florida Cabinet to stop its recent decision to allow sugar and vegetable farmers to continue leasing state-owned land in the Everglades for another 30 years. The lawsuit was filed on behalf of the Wildlife Federation by Earthjustice, which represents a coalition of environmental groups in a federal legal challenge to clean-up agricultural pollution. It alleges that the farming has the potential to exacerbate the pollution the state is attempting to clean-up and the 30-year deal violates a state law requiring private leases on state lands to serve the public interest. Miami Herald
Submitted 2 years 20 days ago

 

 

 

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Just look around at what's happening in the aerospace industry in the American South. Aerospace is really making a move to become one of the region's top two industry sectors. It’s not there yet, but if large project counts are any indication, aerospace may soon challenge the petrochemicals sector as the second largest industry in the region. Never before has the aerospace industry been so important to the South's economy. Oh, what's the No. 1 industry sector in the South? Automotive is, of course. That industry hasn't been challenged much for 25 years in this region, or since we’ve been counting.

 

 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
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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