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Debate starts over how to use billions for Fla. environment
TALLAHASSEE, Fla. (AP) -- After years of deep cuts to environmental programs, Florida voters last November overwhelmingly approved Amendment 1, which earmarked billions for conservation. But the measure left it up to the Legislature and governor to determine details of how the money will be spent, and that has led to heated debate. cb12.com
Submitted 1 years 334 days ago

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Texas space development initiative on county agenda
McLennan County commissioners Tuesday will discuss creating an entity that would seek out state funds to aid businesses that want to pursue space development in the area. Kris Collins, the Greater Waco Chamber of Commerce’s senior vice president of economic development, said the entity, dubbed the McLennan County Spaceport Development Corp., would allow the county to apply for state funds held in a Spaceport Trust Fund. wacotrib.com
Submitted 1 years 334 days ago

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America's Most Economically Segregated Cities
The geographical sorting of Americans by income, education and socio-economic class is growing. A 2012 report by the Pew Research Center [PDF] found that the segregation of upper- and lower-income households had risen in 27 of the country's 30 largest metros. Inequality is increasingly baked into the economic geography of the United States. Citylab.com
Submitted 1 years 334 days ago

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Which Republican governor would be the best 2016 presidential candidate?
Historically, we are a country that loves to elect governors as president. Looking forward to 2016, the Republican field includes nearly a dozen present or past state executives. On the campaign trail, New Jersey Gov. Chris Christie stresses attacking inherited budgetary problems, Louisiana Gov. Bobby Jindal education reform, Wisconsin Gov. Scott Walker curbing government employee unions. Newsday.com
Submitted 1 years 334 days ago

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Study Sees $1.6 Billion For Blue Carbon In Louisiana Wetlands
A two-year assessment of the potential to develop blue carbon projects on Louisiana's coast estimates that carbon finance revenue can provide up to $1.6 billion in critical funding to assist with wetland restoration over the next 50 years. The study, supported by Entergy Corporation through their Environmental Initiatives Fund, and prepared in partnership by New Orleans-based Tierra Resources and Portland-based nonprofit The Climate Trust, examines existing wetland restoration techniques—river diversions, hydrologic restoration, wetland assimilation, and mangrove plantings—identifying areas for future scientific investigation to support carbon offset programs. Ecosystemmarketplace.com
Submitted 1 years 334 days ago

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Apple's Austin hiring proceeding at quick clip
Apple Inc. has at least 4,091 full-time employees in the Austin area, according to a report in the Austin American-Statesman that examined how the Silicon Valley computer giant was hiring in Central Texas. Austin Business Journal
Submitted 1 years 334 days ago

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How Beach Bacteria Responded To The Gulf Oil Spill
Think the beach gets too crowded during spring break? Be glad you’re not counting microbes. There are a billion bacteria per gram of sand on the beach, according to Joel Kostka, a microbial ecologist at Georgia Tech. And some of those bacteria eat oil. Kostka and his colleagues have a new paper, describing the communities of bacteria that bloomed after the Deepwater Horizon oil spill in the Gulf of Mexico. wave.org
Submitted 1 years 334 days ago

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Four years later, Audubon Bridge remains $409M road less traveled
The path to the $409 million John James Audubon Bridge continues to be the road less traveled. Nearly four years after the bridge connecting West Feliciana and Pointe Coupee parishes opened in May 2011, it has yet to carry the volume of traffic across the Mississippi River projected from the first day motorists were able to use it. The Advocate
Submitted 1 years 334 days ago

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Arlington to sell fiber optic access as part of economic development
Arlington County will open its high-speed broadband network to federal agencies, businesses and organizations later this year as part of an economic development initiative. The County Board voted unanimously Saturday to license access to Arlington’s 10-mile fiber-optic network in the county’s major commercial areas -- the Rosslyn-Ballston corridor, Glebe Road, Columbia Pike and Crystal City — as long as the final connection is to an entity located in Arlington. Washington Post
Submitted 1 years 334 days ago

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Bristol using drone technology for marketing, economic development
BRISTOL, Tenn. — Have you ever seen an aerial shot of the world’s fastest half-mile oval covered in snow? Following the region’s first snowstorm of the season last week, local residents were treated to that image above Bristol Motor Speedway and many others courtesy of a video shot by the city using its drone or quadcopter. Other videos shot recently using the drone: a sweeping aerial view of downtown Bristol on a lazy Sunday morning and several sites where development is taking place across the city. Tricots.com
Submitted 1 years 334 days ago

 

 

 

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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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