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The Amazon Model: The Rise of Urban Start-Ups in Smaller Tech Hubs
Amazon likes to be seen as unique among this nation's high-tech giants. In contrast to nearby Microsoft as well as Facebook, Google, and Apple in Silicon Valley, it has long preferred to locate its headquarters in the urban center. For years, they worked from a converted hospital close to Seattle's downtown core. The company moved its headquarters to the revitalizing South Lake Union last winter, and over the past year it has committed to an unprecedented building spree in the surrounding neighborhood. The Atlantic Cities
Submitted 2 years 8 days ago

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Cuccinelli goes on defense over McDonnell in Va. governor race
epublican Gov. Bob McDonnell could have been one of Ken Cuccinelli’s biggest assets in the Virginia governor’s race, but instead he’s turning out to be a drag on the GOP candidate’s campaign. With investigations into McDonnell and his wife’s association with and gifts they received from Star Scientific CEO Jonnie Williams intensifying, Democrats have been eager to hang the controversy around Cuccinelli’s neck, especially since he too accepted gifts from the controversial GOP donor. But the attorney general has been cleared of any wrongdoing after he amended his financial disclosures earlier this year. MSNBC
Submitted 2 years 8 days ago

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The ‘Impeachment Chorus’
A handful of Republicans have mentioned the word “impeachment” lately, and, naturally, a lot of liberals have lined up to express their outrage. In reference to Senator Tom Coburn’s suggestion Thursday that President Obama was “getting perilously close” to the standard for impeachment, former White House adviser David Axelrod said it was evidence of a “virus that has infected our politics.” National Review
Submitted 2 years 8 days ago

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Texas factory activity increases at slower pace
Texas manufacturing improved at a slower pace for the second straight month in August, according to a survey released Monday by the Federal Reserve Bank of Dallas. Dallas Morning News
Submitted 2 years 8 days ago

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No, you’re not impeaching anyone
The last time Sen. Tom Coburn spoke warmly but candidly to his Oklahoma constituents about his “friend” Barack Obama, it was to reassure them that the president doesn’t want to “destroy America.” Instead, Coburn said two years ago, “his intent is to create dependency because it worked so well for him.” He went on: “As an African-American male,” Obama received “tremendous advantage from a lot of these programs.” That’s what friends do, in Coburn’s world: They indulge in delusional racial stereotyping to defend their “friend” from detractors. Also? Apparently they claim their “friend” is “perilously close” to “high crimes and misdemeanors” – the standard for impeaching a president – and promise they won’t let their friendship stand in the way of impeaching the “lawless” president. Salon
Submitted 2 years 8 days ago

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GOP’s lame impeachment secret: A story of manipulation
It’s becoming a ritual of the congressional recess for Republicans: At town halls, and other venues, frustrated (or angry, or hopeful) conservatives ask them about the impeachment of Barack Obama. And Republican politicians … well, their strategy (as Joan Walsh details in a nice item summing up these episodes) is all over the place. So we have Ted Cruz calling it a “good question” but noting that there just aren’t the votes in the Senate to convict; one member of the House saying that the votes are there in the House, but not in the Senate; another saying it would be a “dream come true” but that they just needed the “evidence”; and Sen. Tom Coburn saying that Obama is “perilously close” to impeachment. Salon
Submitted 2 years 8 days ago

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The New Geography of Jobs: Smart Policies Are Good, but Oil Is Better
If you want to understand how to create jobs — not just a few at a time, but hundreds of thousands at once — look to Texas and North Dakota. Together, these two states account for a little more than 8 percent of the country's population, about one in 12 people. But they're also responsible for 20 percent of net new jobs since the end of the recession. And, crucially, they account for "more than 100 percent of the increase in U.S. [oil] production since 2009," James Hamilton writes. The Atlantic Cities
Submitted 2 years 8 days ago

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Ky. governor announces $41M education grant
SIMPSONVILLE, KY. — Rural Kentucky schools will share in the benefits of a best-in-the-nation $41 million federal Race to the Top grant, with the money spread among 22 districts in an effort to raise student achievement from kindergarten to high school, state officials said Monday. Kentucky.com
Submitted 2 years 8 days ago

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Defund Obamacare supporters target top Republicans
Conservatives backing a move to shut down the federal government if funding isn't cut off for President Barack Obama's health care law by the end of September are launching a tour starting Tuesday to put pressure on leading Republicans in Congress. CNN
Submitted 2 years 8 days ago

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Carnival leaving, so what becomes of Half Moone?
In two months, Carnival Cruise Lines will pull up stakes in Norfolk, leaving a pressing question hanging over the city's 6-year-old, $37.4 million Half Moone Cruise and Celebration Center: The Virginian-Pilot
Submitted 2 years 8 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 Mike Randle
The belief that "80 percent of all new jobs come from existing business and industry" is an out-of-date, old-fashioned fabrication. I have no idea how it started, where it started, or who said it first, but there are professionals in economic development as well as leaders of government in the South who actually believe that each year, 80 percent (why 80 percent I don't know, either) of all new jobs are created by existing business and industry. I hear it all the time and I just roll my eyes. There is nothing static in economic development but this: 100 percent of all lost jobs come from existing business and industry. That, and of course 100 percent of the time site consultants never pay for a meal.
 

 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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