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Technology company adding jobs in Danville, VA
CBN Secure Technologies Inc. in Danville, Va., is expanding and adding 25 jobs to meet increased demand for its identification solution products. Triangle Business Journal
Submitted 2 years 18 days ago

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Energy as dirty as 20 years ago on slow climate effort, IEA says
The level of carbon emitted in global energy supplies has barely changed in 20 years amid stalled efforts to curb pollution and increased coal use, the International Energy Agency said. Fuel Fix
Submitted 2 years 18 days ago

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Judge blasts Army Corps of Engineers in Katrina suit
U.S. law has given the Army Corps of Engineers, "a bureaucratic behemoth," legal immunity for its flawed work in New Orleans, a federal judge said. UPI
Submitted 2 years 18 days ago

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Highway 27 through Chattanooga to be widened in $80 million project
The stretch of Highway 27 that cuts through Chattanooga will be widened and updated in an $80-million dollar project, Tennessee Department of Transportation commissioner John Schroer announced today. The renovation will add two lanes to the Olgiati Bridge and rework the highway’s current tight corners and short off-ramps. Construction will start in 2015 and is expected to finish in 2017. Chattanooga Times Free-Press
Submitted 2 years 18 days ago

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Battle over online travel taxes may go to Florida high court
TALLAHASSEE -- .After years of debate in courthouses and the Capitol, a high-stakes tax battle between counties and online-travel companies could wind up in the Florida Supreme Court. The 1st District Court of Appeal on Tuesday asked the Florida Supreme Court to resolve a dispute about whether companies such as Expedia and Orbitz are paying the proper amounts of tourist-development taxes to counties. Miami Herald
Submitted 2 years 18 days ago

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Texas AG: Democrats more dangerous than North Korea
Greg Abbott, the Republican Attorney General of Texas, thinks that his state has bigger things to worry about than North Korea. Namely, President Obama. Abbott was referring to reports that North Korea had included Austin, Texas on its list of potential targets in the United States. But, Abbott told the Waco Tribune-Herald, the state has more “far more dangerous” problems, in the form of the federal government. Salon
Submitted 2 years 18 days ago

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Florida Republicans target foreign-language voting
Desiline Victor, the 102-year-old North Miami voter who became a symbol of Florida’s elections woes, could again find it tough to cast a ballot now that the state Senate voted Tuesday to keep a crackdown on foreign-language interpreters at the polls. The Republican-controlled Senate maintained the last-minute measure on what appeared to be a party-line voice vote while debating a bill designed to reverse the effects of an election law that helped create long lines and suppress the vote in 2012. Miami Herald
Submitted 2 years 18 days ago

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TN Supplier hiring 200 in growing auto cluster
A German automotive company plans to hire 200 people in Athens, Tenn., where it will supply Chattanooga's Volkswagen plant and add to a growing cluster of car-related jobs in McMinn County. Chattanooga Times Free-Press
Submitted 2 years 18 days ago

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Imperium to add 40 Louisville jobs
Imperium Health Management LLC has decided to establish a Louisville headquarters, which is expected to result in 40 Louisville jobs. Business First
Submitted 2 years 18 days ago

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Good News: People Are Quitting Their Jobs
Nine million fewer Americans were working in early 2010 than were in early 2008. But there was something strange about the jobs bloodbath: Not that many people were actually laid off during the recession. Layoffs and discharges peaked at around 2.4 million in January 2009. Compare that to the 2.2 million people laid off in early 2001, or the 1.9 million Americans laid off in 2007, and the figures aren't that shocking. How can that be? Motley Fool
Submitted 2 years 18 days ago

 

 

 

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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