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Playback: Fiorina could balance out Cruz's creepiness


Politico
Submitted 15 hours ago

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Electric cars will cause the next oil bust, and there will be no recovery: Bloomberg
A supply glut on the global market led to oil prices plummeting below the $30 per barrel range last year, with ripple effects reaching Louisiana where thousands of jobs in the energy sector have been lost. Oil prices have since rebounded to reach $50, but the next nosedive will come within a decade and there will be no recovery, according to an analysis from Bloomberg. The reason: More automakers are investing big time in electric cars. NOLA.com
Submitted 15 hours ago

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SpaceX breaks Boeing-Lockheed monopoly on military space launches
The U.S. Air Force on Wednesday awarded billionaire Elon Musk's SpaceX an $83 million contract to launch a GPS satellite, breaking the monopoly that Lockheed Martin Corp (LMT.N) and Boeing Co (BA.N) have held on military space launches for more than a decade. The Global Positioning System satellite will be launched in May 2018 from Florida, Air Force officials said. Reuters
Submitted 15 hours ago

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SpaceX to launch Mars mission as soon as 2018
Elon Musk has finally put a date on SpaceX's longstanding goal of going to Mars. SpaceX tweeted Wednesday morning that it is planning to send an unmanned Dragon spacecraft to the Red Planet as soon as 2018. The mission would demonstrate a way to land large payloads on Mars without parachutes or other aerodynamic decelerators, SpaceX says. A 2012 paper from NASA and SpaceX about the commercial capabilities of using Red Dragon to get to Mars described the vehicle's ability to decelerate "from supersonic speeds to touchdown." NOLA.com
Submitted 15 hours ago

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Should cities subsidize sports facilities? It depends.
The owners of professional sports teams have become very comfortable over the past 20 years in asking for government help and incentives as they plan the construction of their next stadiums or arenas. While the focus has increased on the requests for — and expectation of — such help by the teams, this is not a concept that has just popped up. Any city, county or state which is asked to help fund a sports facility project should leave their jerseys and logoed hats at the door of the negotiations and bring sharp pencils and calculators instead. The numbers will sometimes work to create a great result for both sides in such a partnership. Often, they will not. Dallas Morning News
Submitted 15 hours ago

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Next-generation tech changing the face of manufacturing
The industrial world is on the cusp of a profound and exciting transformation, driven by advances in software that are disrupting traditional business models, industries and production systems. Many of these advances were showcased at the Hannover Messe industrial summit in April 2016. This digital-industrial revolution will bring great benefits to sustainable energy, affordable health care and overall productivity. But the impact of these new technologies on workforces will be crucial. The creation of more and better jobs for Europeans is urgent. Though European Union unemployment is slowly but surely shrinking, youth employment and income equality are still challenging. Washington Post
Submitted 15 hours ago

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VW-UAW fight inches closer to courts
VW-UAW FIGHT INCHES CLOSER TO COURTS: The National Labor Relations Board Wednesday filed a complaint against Volkswagen after the company refused to bargain with the newly certified United Auto Workers Local 42 in Chattanooga, which represents about 150 skilled trades workers at the plant. The trades workers opted for union representation in December. Volkswagen disputes the appropriateness of the bargaining unit; it thinks a plantwide election should be held to cover all union-eligible employees, like the one that the UAW tried and failed to win in 2014. Politico
Submitted 16 hours ago

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Biloxi turns corner in economic recovery
Biloxi has turned a corner in its long recovery from Hurricane Katrina, the recession and the BP oil spill. It has begun negotiating tougher deals in its economic rebuilding. Its first contract under new guidelines calls for construction of a 100-room hotel that will employ 45. Msbusiness.com
Submitted 16 hours ago

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Automotive supplier could bring 170 jobs to Shepherdsville with $12.7 million expansion
An automotive supplier that manufactures seating for vehicles is looking to beef up its Bullitt County work force. Magna Seating of America Inc., which does business as Louisville Seating, intends to create 170 jobs at its Shepherdsville facility as part of a $12.7 million plant expansion. Business First
Submitted 16 hours ago

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Cavalier Hotel restoration in Virginia Beach costing $20 million more than planned
The restoration of The Cavalier Hotel at the Oceanfront is costing $20 million more than anticipated and taking more time to complete, according to a letter from the developer. The Virginian-Pilot
Submitted 16 hours 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 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     
According to Chinese theory, yin is a passive, negative force and yang is an active, positive force. Chinese philosophers believe that the opposing forces aren't really contradictory. Instead, they are interconnected and complimentary, interacting to create a balance in one's life. 
 
 Nashville Mayour Karl Dean
The Annie E. Casey Foundation's KIDS COUNT report was released in the summer quarter. I try to read it every time it comes out since I find it to be the best indicator of child poverty, a statistic everyone involved in economic development needs to be aware of. The Annie E. Casey Foundation is a charity that supports disadvantaged children. 
 


 

 

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