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Northwest Arkansas Employers Looking for Skilled Help, Right Workers
Northwest Arkansas companies are again optimistic about future growth. A recent business retention and expansion survey conducted by the Northwest Arkansas Council and local chambers of commerce reveal that 30 percent of the more than 450 employers surveyed — a sample that ranged from mom-and-pop operations to global retailers — plan expansions within the next three years. That optimism is not, however, unchecked. A common theme among businesses that identified areas of concern was a potential lack of available skilled labor. Worker supply ranked second on the list of perceived impediments to future expansion. Arkansas Business
Submitted 2 years 17 days ago

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Oklahoma utility rules keep some solar users in the dark
Oklahoma solar users could be in the shade when it comes to excess electricity generated from their photovoltaic panels. Just ask Enid resident Kyle Clark. The Oklahoma Gas and Electric Co. customer spent about $50,000 to install 30 solar panels on his house. Lured by tax credits and the promise of lower electric bills, Clark wanted to be able to reverse his meter and push power back into the grid. So Clark was surprised to see a $14 bill last May after he'd built up more than 1,400 kilowatt-hours of credits. The typical household uses about 1,100 kilowatt hours of electricity each month. After making calls to OG&E and solar power experts, Clark found out Oklahoma doesn't allow customers to carry forward credits for excess power for more than one month. That's more limited than OG&E customers receive in Arkansas, which allows credits for what's called net metering up to one year. Energybiz.com
Submitted 2 years 17 days ago

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Greenville, NC Named a Top Ten City of the Future
GREENVILLE, NC – Greenville, NC has been named a top 10 Micro City in fDi Magazine’s “American Cities of the Future 2013/14.” The rankings focus on a mixture of data and expert opinion to showcase cities that have the best prospects for inward investment, economic development and business expansion. fDi Magazine, from the Financial Times, compiled research and created shortlists from over 400 cities in North and South America. This collection of data includes five categories: economic potential, human resources, cost effectiveness, infrastructure and business friendliness. A sixth category, FDI strategy, was judged and scored by an independent panel based on over 100 city submissions. Locateincarolina.com
Submitted 2 years 17 days ago

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West Virginia lawmakers approve Amazon sales tax gambit
CHARLESTON, W.Va. - The West Virginia Legislature has signed off on a plan to pursue more sales taxes from online retailers. A unanimous Senate granted final passage Saturday to the proposal from Gov. Earl Ray Tomblin. The bill requires out-of-state retailers to start applying West Virginia's sales tax if they or a subsidiary have a physical presence in-state. E-commerce giant Amazon.com recently opened a customer service center in Huntington. The company has not responded to requests for comment. Several other states have pursued similar legislation as brick-and-mortar businesses complain of an unfair tax burden. Charleston Daily Mail
Submitted 2 years 17 days ago

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Florida Chamber slams job-creation 'opponents'
Julie Norris doesn't seem like someone trying to topple capitalism. She works seven days a week running a small vegetarian restaurant that makes a mean chili wrap. She and her partner opened the Dandelion CommuniTea Café in 2006 with four employees. They now have 21 people working for them. That's 21 jobs Norris has created in Orlando. But if I'm to believe the Florida Chamber of Commerce, Norris and people like her are "opponents of job creation." It's right there on a Chamber press release praising House Bill 655, a measure that prohibits communities from passing local ordinances requiring businesses to offer certain employee benefits. Orlando Sentinel
Submitted 2 years 17 days ago

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POLITICO Playback: Gun compromise


Politico
Submitted 2 years 17 days ago

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Update: Blue Cross and Blue Shield of Georgia adding 200 jobs in Columbus
Blue Cross and Blue Shield of Georgia said Thursday it is adding more than 200 jobs in the Columbus area to help it handle growth in the number of policyholders expected from the Patient Protection and Affordable Care Act. Jennifer Wade, staff vice president of operations at Blue Cross and Blue Shield of Georgia, made the company’s announcement at the Greater Columbus Chamber of Commerce. Ledger-Enquirer
Submitted 2 years 17 days ago

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Tenn. Lawmakers Cheer Ga. Senator
Tennessee lawmakers gave rousing applause to welcome a Georgia senator who opposed a resolution calling for redrawing the border between the two states. gpb.org
Submitted 2 years 17 days ago

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Despite health challenges, Southern states resist Medicaid expansion
BILOXI, Miss. — Michael White’s high blood pressure is acting up again. The 51-year-old casino janitor has recurring seizures and recently awoke in an ambulance after passing out at a bus stop. mcclatchydc.com
Submitted 2 years 17 days ago

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Tennessee, Mississippi included among list of states taxing the least
Tennessee and Mississippi have been named to another list, but this time, residents will feel no shame about it. Financial media outlet The Motley Fool compiled a list of six low-tax states, and the Volunteer State came in near the top at No. 3. Memphis Business Journal
Submitted 2 years 17 days ago

 

 

 

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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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