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G.O.P. Factions Grapple Over Meaning of Loss
It was the morning of the Republican hangover. After four years in which the jobless rate never dipped below 7.8 percent, with millions of Americans still unemployed or underemployed and median household income falling, Republicans still failed to unseat President Obama and, for the second election in a row, fell short in their efforts to win control of a Senate that seemed within reach. The Wednesday-morning quarterbacking began quickly. Senator John Cornyn of Texas, the chairman of the National Republican Senatorial Committee, captured the feelings of many Republicans when he said in a statement that “we have a period of reflection and recalibration ahead for the Republican Party.” The New York Times
Submitted 2 years 19 days ago

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Obama turnout machine smashes the tea-party china in Florida
Florida voters to the tea party: Cool it. Tuesday's election in the nation's biggest battleground state was a rejection of the drift of the conservative movement and the Republican Legislature it empowered. The state voted, albeit as narrowly as possible, for President Obama, whose 2008 election brought about the rise of tea-party conservatism. Iconic tea party Congressman Allen West was also sent packing, painted as a name-calling extremist by his Democratic opponent. And voters rejected the Legislature's tea party-inspired proposed state constitutional amendments, starting with a measure opposing Obama's healthcare law. The author of that proposal, Longwood state Rep. Scott Plakon, lost his election, which he credits to an Obama turnout machine that Republicans underestimated in Florida. Miami Herald
Submitted 2 years 19 days ago

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Boeing rolls out fifth S.C.-built 787
Spokeswoman Candy Eslinger wouldn’t say when the latest locally built jet emerged from the North Charleston final assembly factory, but it likely happened last week. The big white plane with a red tail sat on the campus flight line Sunday afternoon. The rollout indicates the young plane-making operation continues to increase its pace of production. The first S.C. 787 — known internally as Line Number 46 — rolled out of the factory to great fanfare April 27. It was finally delivered to Air India on Oct. 5. The second, LN 54, rolled out about two months after the first, on June 30. It now sits on the North Charleston flight line, painted in Air India’s red, white and gold and poised for delivery. Post and Courier
Submitted 2 years 19 days ago

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New TVA CEO Bill Johnson isn't leaving all of NC behind
Four months after his dismissal as CEO of Duke Energy, the nation’s largest electric utility, Bill Johnson is employed again, this time as the chief executive of the Tennessee Valley Authority, the nation’s largest government utility. TVA officials made the announcement Monday, with Johnson, a Raleigh resident for nearly three decades, expressing eagerness about his impending move to Knoxville. Johnson, 58, officially begins his new job Jan. 1, overseeing a federally created nonprofit with 9 million electricity customers and 12,000 employees in parts of seven states, including North Carolina. Raleigh News & Observer
Submitted 2 years 19 days ago

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Red Ventures to hire 200 in Fort Mill, S.C.
Fort Mill-based technology and marketing firm Red Ventures will hire about 200 people as it staffs up for three new business partnerships, the company said Tuesday. Red Ventures doesn’t disclose the names of companies it partners with. The company said that its new business partners are “3 of the nation’s leading brands in the telecom, security and Internet industries.” The company wants to complete its new round of hiring quickly, and fill the new jobs by the end of the year. Red Ventures currently employs about 1,400 people in four locations. Charlotte Observer
Submitted 2 years 19 days ago

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Duke Energy e-mails show culture clash
Signs of a culture clash emerged more than a year before Duke Energy closed its merger with Progress Energy, according to 2,676 pages of confidential e-mails and other company documents opened to the public Tuesday. Duke’s board has cited differences in management styles, Progress’ financial performance and problems at its nuclear plants in the firing of Progress CEO Bill Johnson after the merger closed July 2. Johnson was to have led the combined companies. Duke CEO Jim Rogers alluded to the differences in an April 4, 2011 e-mail to five top executives about his conversation with Ann Gray, Duke’s lead director. Charlotte Observer
Submitted 2 years 19 days ago

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Va. Gov. Bob McDonnell: 'Tough night' for GOP; says party has 'work to do' in N.Va.
Gov. Bob McDonnell, a surrogate for GOP nominee Mitt Romney who had predicted a close Romney win in Virginia said on CNN this morning that "it was a tough night." "I thought Mitt Romney and Paul Ryan were very good men, would have been good leaders but the president, you know, in a poor economy did a very good job articulating his message and having a very good ground game. They beat us on the ground. I thought we'd win close, we lost close -- half the margin of 2008 -- but they did a good job." McDonnell said he had not spoken with Romney after his loss last night but that he did speak with former Gov. George Allen, who lost his bid to reclaim his former U.S. Senate seat to Democrat Timothy M. Kaine. Richmond Times-Dispatch
Submitted 2 years 19 days ago

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Virginia's Kaine cut into GOP strongholds en route to defeating Allen
Timothy M. Kaine cut into GOP margins across the state en route to winning election to the Senate over fellow ex-governor and former senator George Allen. In Chesterfield County for example, Kaine lost by only 6,146 votes -- 88,458 to 82,312. Outgoing Sen. Jim Webb lost it by nearly 19,000 votes in 2006 en route to beating Allen. Romney won the county by a healthier margin, 13,282 votes. With one precinct still out, Kaine also appears to have narrowly won Virginia Beach, the state's most populous locality, by a couple hundred votes whereas Webb lost the city to Allen by 7,195 votes in 2006. Romney won Virginia Beach 87,543 to 82,751. Richmond Times-Dispatch
Submitted 2 years 19 days ago

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Light rail passes easily in Virginia Beach
VIRGINIA BEACH Light-rail supporters wanted a decisive approval of a referendum they hoped would spur the city to bring The Tide here. They got it. About 62 percent of voters approved the referendum, according to the State Board of Elections. Though the referendum was nonbinding, the City Council likely will adopt an ordinance stating it will pursue light-rail financing and development options. The referendum asked: “Should the City Council adopt an ordinance approving the use of all reasonable efforts to support the financing and development of The Tide light rail into Virginia Beach?” Virginian-Pilot
Submitted 2 years 19 days ago

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Manchin wins full U.S. Senate term
CHARLESTON, W.Va. -- West Virginia voters chose to send U.S. Sen. Joe Manchin back to Capitol Hill for a full six-year term on Tuesday, rejecting a GOP effort to derail his bid by appealing to the state's low regard for President Barack Obama. West Virginia voters also re-elected the state's three members of the U.S. House of Representatives: Republicans Shelley Moore Capito and David McKinley and Democrat Nick Rahall. A Democrat like Obama, Manchin campaigned as an independent voice for the state who has disagreed with the president over such issues as coal, federal spending and the national debt. Charleston Gazette
Submitted 2 years 19 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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