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Compromise could provide $800M for SC roads
COLUMBIA, S.C. Legislators said Monday that a tentative agreement could provide $800 million for road and bridge work across South Carolina without raising taxes. A three-part infrastructure compromise approved by a panel of House and Senate members would provide up to $141 million in state taxes toward infrastructure in the fiscal year that starts July 1. The measure was crucial for a separate panel reaching agreement hours later on the overall budget plan for 2013-14. Charlotte Observer
Submitted 7 hours ago

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Want your government to foster a vibrant economy? See what North Carolina did
The city of Raleigh, N.C., recently hired Derrick Minor for a single purpose: to help entrepreneurs network. Although he sports a fancy title − innovation and entrepreneurship manager − his entire job consists of hanging out with entrepreneurs making introductions. You need to meet venture capitalists willing to support early-stage tech start-ups? Cheap office space? Accounting or legal advice? Mr. Minor is your man. The Globe and Mail
Submitted 7 hours ago

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N. Charleston business to supply Army with armored SUVs
A North Charleston company is supplying the Army with armored vehicles. Streit USA Armoring LLC said it was awarded a contract by the U.S. Army Tank and Automotive Command for 22 sport utility vehicles with an option for 18 more of the armored SUVs. Post-Courier
Submitted 7 hours ago

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Labor commissioner says Ga. economy rebounding
ROSWELL, Ga. – Georgia is in a good position to rebound from the recession and is ready to add jobs. That's what Ga. Department of Labor Commissioner Mark Butler told the room full of job seekers June 10 at the Roswell United Methodist Church (RUMC) Job Fair. "Georgia businesses are creating jobs," he said. northfulton.com
Submitted 8 hours ago

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Economic development exemption
One proposal -- to increase the sales tax and use the revenue to pay providers of uncompensated health care -- has generated not only debate but controversy. We'll address the sales tax in tomorrow's editorial. Voting on both ballot questions will conclude on Tuesday. Sarasota Herald Trubune
Submitted 8 hours ago

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Savannah studying cruises; won’t share study yet with public
SAVANNAH — A consultant’s report on three potential sites for a cruise ship terminal along the Savannah River has been given to city officials in Savannah, but they aren’t sharing it with residents. Post-Courier
Submitted 8 hours ago

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Op-Ed: Nuclear Power Is Soooo 20th Century
When I was born in the 1950s, nuclear power was said to be "too cheap to meter." Although few and far between, disasters at Fukushima and Chernobyl have laid waste to that claim and, for that matter, entire cities. German Chancellor Angela Merkel, herself a nuclear physicist, led the charge to eliminate her nation's nuclear power plants in the next few years based on a rational risk analysis. With the decision by Southern California Edison to decommission its San Onofre Nuclear Generating Station (SONGS), we may now see enough to reasonably conclude that the nuclear power era is coming to a close. CNBC
Submitted 8 hours ago

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TVA Will Cut 530 Jobs at Stalled Alabama Nuclear Plant
Less than a week after another utility announced it will give up trying to restart a pair of nuclear reactors, the Tennessee Valley Authority said it will shelve a project in northeastern Alabama and eliminate 530 jobs. Bloomberg
Submitted 8 hours ago

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Nuclear renaissance in Florida crumbles, meets economic reality
Has the so-called “nuclear renaissance” finally met economic reality? The nuclear industry recently experienced their “worst week” since the Fukushima disaster in Japan. Not only did Duke Energy scrap plans to build new reactors at their Shearon Harris site in North Carolina but the many events which unfolded in Florida, culminating with Governor Scott’s signing of Senate bill 1472 late last Friday, affirm that the “renaissance” is crumbling – and economic reality is prevailing. cleanenergy.org
Submitted 8 hours ago

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Tampa Port rides high on economic value, but jobs lost in process
TAMPA - The Port of Tampa boasts an economic value that has nearly doubled in seven years, but it has come with one catch: The port now is generating fewer jobs, according to a new study. Tampa Bay Times
Submitted 8 hours ago

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Features & Opinion

 

We thought this Top 10 was timely after hearing about Texas Gov. Rick Perry's radio ad campaign in the winter quarter that targeted California companies. In the ad, which ran on stations throughout the Golden State, Perry says, "Building a business is tough, but I hear building a business in California is next to impossible." With that in mind, here are ten great locations in the South for relocating California companies.

 

 

 FEATURE  
By Mike Randle
That headline represents the first eight words to the song titled "Mexican Radio" by the band Wall of Voodoo. The big hit from 1982 (No. 58 U.S. and No. 18 Canada) that was played about a dozen times a day on MTV in the music video era is awesome. The song was popular with the creative class (before anyone knew what the creative class was until Richard Florida told us), is often heard today on some of the most listened-to Internet stations such as Radio Paradise. Go ahead and buy some Mexican Coke at Sam's (that would be Mexican Coca-Cola), sit back, bring up "Mexican Radio" on YouTube and enjoy.
 

 

FEATURE     
By Mike Randle
Do you think it was a coincidence that after Airbus broke ground on its $600 million, 1,000-employee A320 plant in Mobile, Ala., on April 8, that Boeing topped that deal by announcing it would invest another $1 billion and add 2,000 workers at its new 787 Dreamliner plant in Charleston, S.C., just 24 hours later?
 
 
Editor's note: This article was the cover story of the latest edition of Southern Business & Development magazine, the parent company of The Randle Report. "It's good to be Nashville right now," said Nashville Mayor Karl Dean in a wonderful story about his city titled, "Nashville's Latest Big Hit Could Be the City Itself," published in the January 8, 2013 edition of The New York Times. The piece began with this: "Portland knows the feeling. Austin had it once, too. So did Dallas. Even Las Vegas enjoyed a brief moment as the nation's ‘it’ city. Now, it's Nashville's turn."
 


 

 

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