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Ricoh adding 70 jobs in Lawrenceville, Ga.
Ricoh Electronics Inc. plans an expansion at its Lawrenceville, Ga., facilities that will add 70 jobs, the Gwinnett Chamber reported Tuesday. Atlanta Business Chronicle
Submitted 1 years 231 days ago

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Nabors’ CEO switch may spur asset sales to unlock higher value
Nabors Ltd., the world’s largest land-drilling contractor, may accelerate asset sales after replacing its long-time chief executive officer, analysts said. A “conglomerate discount” is being applied to Nabors shares because of the company’s diverse portfolio of businesses, said Scott Gruber, an analyst at Sanford Bernstein in New York. Fuel Fix
Submitted 1 years 231 days ago

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Site Selection magazine names Texas best business climate
Texas has the best 2011 business climate in the U.S., according to Site Selection magazine. The Lone Star State beat out North Carolina, which has held the No. 1 spot for the past 10 years. Houston Business Journal
Submitted 1 years 231 days ago

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Texas-based Anadarko Loss Widens to $3.1 Billion on Spill Settlement
Anadarko Petroleum Corp. (APC), the Texas company that had a stake in the well that caused a record Gulf of Mexico oil spill last year, said it lost $3.1 billion in the third quarter after agreeing to a settlement with BP Plc. (BP/) The net loss was $6.12 a share, The Woodlands, Texas-based company said in a statement yesterday. A year earlier, Anadarko reported a net loss of $26 million, or 5 cents a share, citing contracts to lock in interest rates. Bloomberg
Submitted 1 years 231 days ago

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Piece by piece, will Obama's health-care reform law be dismantled?
WASHINGTON-- The landmark health-care reform law – President Obama's signature domestic triumph – has suffered its first major body blow, dealt not by Republican lawmakers intent on dismantling "Obamacare" but by the administration's own Health and Human Services (HHS) Department. Christian Science Monitor
Submitted 1 years 231 days ago

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Why Screwing Unions Screws the Entire Middle Class
IN 2008, A LIBERAL Democrat was elected president. Landslide votes gave Democrats huge congressional majorities. Eight years of war and scandal and George W. Bush had stigmatized the Republican Party almost beyond redemption. A global financial crisis had discredited the disciples of free-market fundamentalism, and Americans were ready for serious change. Mother Jones
Submitted 1 years 231 days ago

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Greyhound Express to travel from Birmingham to Atlanta and Memphis
BIRMINGHAM, Alabama -- Greyhound said today it will bring its Greyhound Express bus service to Birmingham with routes from Birmingham to Atlanta and Memphis -- a move that counters the arrival of Megabus.com. The Birmingham News
Submitted 1 years 231 days ago

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Super PAC backing Perry launches ads in Iowa, South Carolina
A Super PAC that supports the presidential candidacy of Rick Perry is launching two new ads this week in Iowa and South Carolina, underscoring how the Texas governor needs to mount a comeback in those states if he is to revive his struggling candidacy. Both spots highlight Perry’s humble roots as the son of a tenant farmer and his record of cutting spending, balancing budgets, and creating jobs in Texas – issues that have been overshadowed by Perry’s shaky debate performances and conservative criticism of his in-state tuition program for illegal immigrants. Boston.com
Submitted 1 years 231 days ago

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Georgia to invest in alternative fuels market
Atlanta Gas Light Co. got the green light from the Georgia Public Service Commission Tuesday to launch a network of fueling stations that will sell compressed natural gas. Atlanta Business Chronicle
Submitted 1 years 231 days ago

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Charlotte-based BofA Retreats On Debit Fee, Citing Uproar
Bank of America Corp. has dropped its plan to charge customers $5 a month for making purchases with their debit cards, responding to a customer backlash after the fee was announced in September. The move is the highest-profile retreat following decisions by several rivals in recent days to drop customer tests of the new fees. SunTrust Banks Inc. and Regions Financial Corp. also said Monday that they will stop charging customers for debit-card transactions. The announcements also follow decisions last week by Wells Fargo & Co. and J.P. Morgan Chase & Co. to drop customer tests of the new fees. Wall Street Journal
Submitted 1 years 231 days ago

 

 

 

Features & Opinion

 

We thought this Top 10 was timely after hearing about Texas Gov. Rick Perry's radio ad campaign in the winter quarter that targeted California companies. In the ad, which ran on stations throughout the Golden State, Perry says, "Building a business is tough, but I hear building a business in California is next to impossible." With that in mind, here are ten great locations in the South for relocating California companies.

 

 

 FEATURE  
By Mike Randle
That headline represents the first eight words to the song titled "Mexican Radio" by the band Wall of Voodoo. The big hit from 1982 (No. 58 U.S. and No. 18 Canada) that was played about a dozen times a day on MTV in the music video era is awesome. The song was popular with the creative class (before anyone knew what the creative class was until Richard Florida told us), is often heard today on some of the most listened-to Internet stations such as Radio Paradise. Go ahead and buy some Mexican Coke at Sam's (that would be Mexican Coca-Cola), sit back, bring up "Mexican Radio" on YouTube and enjoy.
 

 

FEATURE     
By Mike Randle
Do you think it was a coincidence that after Airbus broke ground on its $600 million, 1,000-employee A320 plant in Mobile, Ala., on April 8, that Boeing topped that deal by announcing it would invest another $1 billion and add 2,000 workers at its new 787 Dreamliner plant in Charleston, S.C., just 24 hours later?
 
 
Editor's note: This article was the cover story of the latest edition of Southern Business & Development magazine, the parent company of The Randle Report. "It's good to be Nashville right now," said Nashville Mayor Karl Dean in a wonderful story about his city titled, "Nashville's Latest Big Hit Could Be the City Itself," published in the January 8, 2013 edition of The New York Times. The piece began with this: "Portland knows the feeling. Austin had it once, too. So did Dallas. Even Las Vegas enjoyed a brief moment as the nation's ‘it’ city. Now, it's Nashville's turn."
 


 

 

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