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Nashville to study more affordable housing options
Metro officials have noticed that Nashville's "It City" status has helped push up housing costs. Nashville Business Journal
Submitted 1 years 334 days ago

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Kentucky governor takes shot at Tennessee’s union stance
Kentucky Gov. Steve Beshear is arguing that his state has "a positive sales point" to use against Tennessee and other Southern states when competing for new automotive plants. Memphis Business Journal
Submitted 1 years 334 days ago

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Where does Kentucky rank on the list of happiest and most miserable states?
Kentuckians just don't seem to be getting happier. For the sixth straight year, the state has come in 49th in the Gallup-Healthways Well-Being Index, beating only West Virginia, WFPL-FM reports. Business First
Submitted 1 years 334 days ago

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New Gainesville incubator seeks companies that want to change the world
A new incubator in Gainesville hopes to recruit startup companies that want to make real change. HiveSpace, founded by Rabbi Adam Grossman, Starter Space and Kristin Joos, a professor at University of Florida's Center for Entrepreneurship & Innovation, want to find companies that are both ambitious and conscience-focused. Jacksonville Business Journal
Submitted 1 years 334 days ago

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What the Texas oil slump means for your industry
Oil prices are hovering near $50 a barrel in Texas — down more than 50 percent from last summer — and jobs are being slashed by the thousands. Houston Business Journal
Submitted 1 years 334 days ago

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Texas steelworkers walk out of largest U.S. refinery, 20 percent of U.S. production hit
The United Steelworkers union strike that overtook five Houston refineries has spread to the largest U.S. refinery. Houston Business Journal
Submitted 1 years 334 days ago

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Valeant buys Raleigh's Salix Pharmaceuticals for $10 billion in cash
Salix Pharmaceuticals (NASDAQ:SLXP) has agreed to be acquired by Valeant Pharmaceuticals International (NYSE:VRX) for $158 per share, or about $10 billion in cash, the companies announced Sunday. Charlotte Business Journal
Submitted 1 years 334 days ago

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Jaguar Land Rover reportedly eyeing U.S. plant; N.C. in the mix?
Add this name to the list of automobile manufacturers that might be considering North Carolina for a new manufacturing plant: Jaguar Land Rover. Charlotte Business Journal
Submitted 1 years 334 days ago

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Best Places for Engineers? The South
Computer programmers flock to Silicon Valley, financial professionals to New York and entertainers to Los Angeles. But if you’re an engineer looking for a new job, head south. Nerdwallet.com
Submitted 1 years 334 days ago

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GOP governors in Maryland, Tennessee offer voluntary employee buyouts to reduce government
Republican governors in two states -- Maryland and Tennessee -- are offering voluntary employee-buyout programs as a way to reduce government beyond furloughs and cutting programs. Fox News
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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