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Sitel brings 300 new jobs to Hamilton AL
The city of Hamilton will soon welcome 300 new jobs as one company looks to expand its customer call center. Birmingham Business Journal
Submitted 1 years 344 days ago

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Dan Graham: Why Austin is poised to be world's social innovation capital
If you've flown into Austin recently, you've heard the now-familiar welcome to the "Live Music Capital of the World." But while live music and entertainment are undoubtedly one of our city's biggest claims to fame, Austin is poised to take on a new title: Social Innovation Capital of the World. Austin Business Journal
Submitted 1 years 344 days ago

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Tennessee's venture capital activity hits highest level since at least 1995
Early-stage investment fueled the most active venture capital quarter in Tennessee since Thomson Reuters began collecting data. Nashville Business Journal
Submitted 1 years 344 days ago

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Brentwood named Tennessee's Google eCity
Brentwood has the strongest online business community in Tennessee, according to tech giant Google. Nashville Business Journal
Submitted 1 years 344 days ago

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Lawsuit seeks to stop Boeing, SpaceX work on NASA space taxi
CAPE CANAVERAL Fla (Reuters) - Privately owned Sierra Nevada Corp filed a federal lawsuit to stop NASA work on newly awarded space taxi development contracts while a bid protest is under way, the company’s vice president said on Thursday. Yahoo.com
Submitted 1 years 344 days ago

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Missouri aid for Boeing jobs: A good deal?
Boeing Co.'s deal with the state of Missouri obligates the firm to create at least 2,000 new, good-paying jobs here over 10 years in order to reap untold millions in state subsidies. The dollar amount is secret for now, although the administration of Gov. Jay Nixon says it will reveal the size of the subsidies after final details are worked out with the company. Insurancenewnet.com
Submitted 1 years 344 days ago

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Texas company sites warehouse/plant in Southeast Mississippi
SUMMIT — A Houston oil-field services company is locating a new facility in Summit that will warehouse and eventually manufacture drilling fluids for oil drillers in the Tuscaloosa Marine Shale formation. MSbusiness.com
Submitted 1 years 344 days ago

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Kentucky jobless rate in September at 6.7 percent
FRANKFORT, Ky.— Kentucky’s seasonally adjusted preliminary unemployment rate dropped to its lowest rate in more than six years, to 6.7 percent in September, from a revised 7.1 percent in August, according to the Office of Employment and Training (OET), an agency of the Kentucky Education and Workforce Development Cabinet. Lane Report
Submitted 1 years 344 days ago

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Texas law firm target of BP lawsuit
GULFPORT – Three Mississippi businessmen argue in a federal lawsuit that Texas attorneys owe them $7.9 million for steering to them thousands of people seeking to resolve claims against BP from the 2010 Gulf oil spill. Hattiesburgamerican.com
Submitted 1 years 344 days ago

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Jindal unloads on Obama
Louisiana Gov. Bobby Jindal (R) slammed President Obama Thursday over his administration's response to a trio of Ebola cases in the U.S. The potential 2016 White House contender charged that the Obama administration is "incompetent" and has "committed malpractice" in its handling of the deadly outbreak. The Hill
Submitted 1 years 344 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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