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Rail Giant Norfolk Southern Gives Horrible Q3 Warning
Rail giant Norfolk Southern just warned that Q3 earnings would come in well below analysts' expectations. Business Insider
Submitted 2 years 11 days ago

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Charlotte to weigh money for Panthers’ stadium upgrades
The Carolina Panthers are working on a plan to refurbish 16-year-old Bank of America Stadium, which will likely include tens of millions of dollars for new video boards, escalators to the upper bowl and less glamorous fixes like new HVAC systems. Team president Danny Morrison, who expects the long-range plan to be finished by the end of the season, declined to say in an interview Wednesday whether the team will seek public support for the renovations. Charlotte Observer
Submitted 2 years 11 days ago

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Agricultural experts seek immigration reform
A North Carolina agriculture official joined growers from other states Wednesday in calling for congressional leaders to take action on immigration reform. “This is as much a federal issue as maintaining our military or managing our money supply,” Larry Wooten, president of the North Carolina Farm Bureau, said in a telephone press conference Wednesday. “Many of our growers ... (are) experiencing some shortages of available labor coming to their farms.” Growers from Arizona, New York and Washington state also spoke about the lack of immigration reform in the agricultural sector. Some spoke about the farm labor shortage in their states caused by state immigration measures. Charlotte Observer
Submitted 2 years 11 days ago

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Michelle Obama is road-tested in N.C.
DURHAM When First Lady Michelle Obama takes the podium, she is many things – character witness for her husband, defender of the anemic economic recovery, and exhorter-in-chief for the Democratic faithful. Which is why Michelle Obama has become one of the most traveled political spouses in recent memory. Her campaign stops Wednesday at N.C. Central University in Durham and East Carolina University in Greenville were part of her 11th visit to North Carolina since 2009, according to the campaign. Charlotte Observer
Submitted 2 years 11 days ago

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T5 opens new data center in Plano Texas' Legacy Business Park
Atlanta-based T5 Data Centers recently completed and opened its 150,000-square-foot data center facility in the Legacy Business Park in Plano. Dallas Business Journal
Submitted 2 years 11 days ago

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Panel: Kentucky needs major tax overhaul
To meet an ever-growing future need, Kentucky should take dramatic steps in the way it taxes people and businesses, according to a new study. Business First
Submitted 2 years 11 days ago

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American Airlines shakeup shouldn't have major effect on Memphis operations
Reeling from bankruptcy and impending job cuts, American Airlines plans to lay off about 4,400 employees and is cutting hundreds of flights but the actions of the airline should have no major effect on its operations in Memphis, WMC-TV reports. Memphis Business Journal
Submitted 2 years 11 days ago

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Energizer restructuring could affect Asheboro plants
Energizer Holdings Inc. workers in Asheboro are waiting to see what's next after the compay announced it plans to review and restructure it operations throughout the globe, the Asheboro Courier-Tribune reports. Triangle Business Journal
Submitted 2 years 11 days ago

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Businesses in Georgia, Southeast expect more inflation
ATLANTA — Business owners and executives in the Southeast expect inflation to increase, according to a survey by the Federal Reserve Bank of Atlanta released Wednesday. Savannah Morning News
Submitted 2 years 11 days ago

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Closing of BAE plant in Anniston AL will result in loss of 145 jobs
Plans by BAE Systems to close its Anniston vehicle upgrade and overhaul facility by Dec. 31 will result in the loss of 145 jobs. Birmingham Business Journal
Submitted 2 years 11 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

The America South is home to almost as many residents as the Northeast and the Midwest combined, but even that statistical record is about to be broken. According to a new Census Bureau study that came out in April, 51 percent of the nation's population jump occurred in the South from 2010 to 2013.
 

 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     
This is our annual "Made in the South" issue and it's timely because there is a new player in the South's manufacturing universe. For almost two decades, economic developers and politicos in the South and the U.S. have been chasing Chinese projects with little or nothing to show. Want proof we've been chasing ghosts in China for years? Okay, go ahead and name a Chinese brand that's made in the South? Tick. . .tick. . .tick. Give up?
 
 Nashville Mayour Karl Dean

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

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