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University of Texas astronomers discover what might be largest black hole in universe
University of Texas astronomers have discovered what might be the universe’s largest black hole, a finding experts said could lead to a better picture of how galaxies and black holes are formed. Austin American Statesman
Submitted 2 years 22 days ago

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GM hiring temporary workers to help build new Corvette in Bowling Green
General Motors is hiring about 150 temporary workers to help with the launch of the next-generation Corvette, a company spokesperson said Wednesday. The Bowling Green Assembly Plant is still finalizing how many workers it will need, according to plant spokesperson Andrea Hales. The workers will be used on a short-term basis, she said, and will allow the current crew to take needed vacations and other time off before the launch of the 2014 Corvette. Lane Report
Submitted 2 years 22 days ago

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The 12 Companies Paying Americans the Least
The gap between rich and poor is well illustrated by the large multi-billion dollar corporations employing thousands of low-wage workers. With the Great Recession over, not only are many of these companies now hitting record profits, but their executive pay remains spectacularly high. Meanwhile, according to a report released by the National Employment Law Project, the current federal minimum wage the workers are often paid, is worth 30% less than it was in 1968 in terms of purchasing power. Wall Street Journal
Submitted 2 years 22 days ago

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McConnell slams the door on raising tax rates in deficit deal
Senate Republican Leader Mitch McConnell (Ky.) slammed the door Thursday morning on Democratic demands to raise tax rates on families earning more than $250,000 per year. The Hill
Submitted 2 years 22 days ago

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New study: Medicaid expansion could cost Florida $8.9 billion over 10 years
Florida’s lawmakers appear to be facing a choice of adding comparatively few people to the state’s Medicaid rolls at considerable cost or adding a lot more people for not much more money, according to a study by a Washington study group released this week. The study by the Kaiser Commission on Medicaid and the Uninsured focused on the critical issue about what will happen to states if they choose to accept or reject Medicaid expansion under the Affordable Care Act. Miami Herald
Submitted 2 years 22 days ago

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Delta cutting Memphis flights
Delta Air Lines is cutting flights from Memphis International Airport by 18 percent. The reductions will affect Jackson-Medgar Wiley Evers International Airport in Jackson as well as airports in Nashville, Knoxville and other Southern cities. Clarion Ledger
Submitted 2 years 22 days ago

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Port of Memphis warns of shipping disruption upriver
Memphis businesses and utilities that rely on barge service to and from upriver ports could experience disruptions depending on how the Missouri River is managed during this dry period, the Memphis-Shelby County Port Commission was told Wednesday. Commercial Appeal
Submitted 2 years 22 days ago

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ADT to add 120 jobs in Palm Beach County
BOCA RATON — Gov. Rick Scott on Wednesday announced the creation of 120 new jobs at ADT Corp., growth that he said signals the state’s commitment to bringing new jobs. The new jobs will add to the nearly 700 ADT jobs already in South Florida, 300 of which are at the company’s Boca Raton headquarters on Yamato Road. Palm Beach Post
Submitted 2 years 22 days ago

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Southwest Florida again building homes
Developers across Southwest Florida are back to the business of building homes, adding jobs to the region's largest employment sector and creating inventory for a hungry market. Sarasota Herald Tribune
Submitted 2 years 22 days ago

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South Has Most Affordable U.S. Cities: See Where
The Council for Community and Economic Research (C2ER) has released their third-quarter data for 2012, in which they rank 304 urban areas according to average local costs. Among the components were: food items, home purchase or rental, clothing, utilities, services, health care, and other expenses. Huffington Post
Submitted 2 years 22 days ago

 

 

 

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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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