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Feds probing worker safety at Ga. auto parts maker
LAGRANGE, Ga. — (AP) Federal authorities are questioning working conditions at a Georgia auto parts plant for the eighth time in four years, this time in connection with a worker's death. The Occupational Safety and Health Administration launched an inquiry of Sewon American in LaGrange after someone submitted a complaint of excessive heat same the same day Teresa Pickard died, The Atlanta Journal-Constitution reports. Federal regulators have discovered multiple violations at the plant since it opened in 2009. Pickard died May 29 after saying she was having breathing troubles. The state medical examiner has not released a cause of death. AJC.com
Submitted 2 years 13 days ago

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Virginia's Terry McAuliffe Is a Flip-Flopper--And That's Just Fine with Green Groups
Ken Cuccinelli, the conservative firebrand running for Virginia governor, has taken lots of heat for his views on climate change. The state's attorney general drew a national spotlight for his investigation of University of Virginia climate scientist Michael Mann, and his skepticism of the science that human activities cause global warming. He's been attacked as an ideologue and is the target of an aggressive campaign by the League of Conservation Voters. But he's certainly consistent. The same can't always be said for Democratic candidate Terry McAuliffe, the former political fundraiser for Bill Clinton and the ex-chair of Democratic National Committee. The National Journal
Submitted 2 years 13 days ago

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Golden years shorter, sicker in Southern states
ATLANTA — If you're 65 and living in Hawaii, here's some good news: Odds are you'll live another 21 years. And for all but five of those years, you'll likely be in pretty good health. Athen Banner Herald
Submitted 2 years 13 days ago

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June jobless rates rise in 28 states
Unemployment rates rose in more than half the states in June and fell in only 11, the government reports. USA Today
Submitted 2 years 13 days ago

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STOCKS INCH UP TO ALL-TIME HIGH: Here's What You Need To Know
You didn't miss much if you were too busy following royal baby news. First, the scoreboard: Dow: 15,545.5, +1.8, +0.0% S&P 500: 1,695.5, +3.4, +0.2% NASDAQ: 3,600.3, +12.7, +0.3% And now, the top stories: Business Insider
Submitted 2 years 13 days ago

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The Huge Threat to Capitalism That Republicans Are Ignoring
Over the weekend, the New York Times published a jaw-dropping story about how Wall Street investment banks are slyly manipulating commodities markets to make billions at the expense of consumers. Is that description too abstract? Here's the lead example: The Atlantic
Submitted 2 years 13 days ago

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Why Are North Carolina Liberals So @&%*! Angry?
Raleigh, N.C.-- The burning heart of liberal activism and indignation this summer can be found, of all places, in the charming capital city of the Tar Heel State. On Monday, for the 11th week in a row, thousands of protesters descended on the copper-domed Capitol denouncing the policies of a Republican Party that for the first time since Reconstruction controls North Carolina's governorship and legislature. Some 800 agitators have been arrested for disrupting the legislature. By all accounts, these "Moral Monday" rallies, though peaceful, are growing in size and volume. Wall Street Journal
Submitted 2 years 13 days ago

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Southern Co. Challenged On Vogtle Costs
A utility regulator in Georgia has asked Southern Co. executives whether the firm has considered taking a loss on the extra costs for building a nuclear power plant. gpb.org
Submitted 2 years 13 days ago

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Gainesville Economic Development, NCTC partner to grow local economy
GAINESVILLE, TX -- The Gainesville Economic Development Corporation is partnering with NCTC to grow local industries. kxii.com
Submitted 2 years 13 days ago

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Alabama's New $9 Million Football Facility Is Like Something Out Of MTV Cribs
The University of Alabama recently spent $9 million renovating its football facility. Last week, they unveiled it in a video tour on the school athletic department website. It's spectacularly over the top. There are arcade games, pool tables, 30-foot-long hot tubs, and much more. Business Insider
Submitted 2 years 13 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 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     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 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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