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Playback: Hillary's medical condition


Politico
Submitted 12 hours ago

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Gig economy poses tough questions for US
Pitched forward on the fifth rung of his step ladder, clasping a drill in one hand and adjusting a picture he has just hung with the other, Paul Chiland’s work is precarious in more ways than one. A handyman for hire, he is not employed by anyone, but is not his own boss either. Instead, he operates in a grey zone that is expanding quickly, as more Americans find work via online platforms or apps in what is known as the gig economy. Financial Times
Submitted 12 hours ago

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The Real Reasons Americans Think the Economy Is So Bad
If the economy is recovering, most Americans have missed the memo. Pessimism about the state of the country has already shaped the election season, helping to power insurgencies on the left and right. Between them, Vermont Sen. Bernie Sanders and Donald Trump earned roughly 25 million primary votes, less than a tenth of the population. But the animus that allowed both outsiders to shatter expectations for their candidacies—the sense that elites are gobbling up the economy’s gains and locking everyone else out—runs deeper. Fortune
Submitted 12 hours ago

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The comeback of middle-wage jobs
One of the economy’s bright spots is the job market — and it may be even brighter than it seems. Not only are there more jobs (1.3 million so far in 2016), but they may be better-paying, according to a new analysis by economists at the Federal Reserve Bank of New York. The Fed economists report that middle-wage workers — earning roughly $30,000 to $60,000 — represent the fastest growing segment of the labor market. By contrast, earlier in the recovery, low-wage and high-wage jobs dominated employment increases. Washington Post
Submitted 12 hours ago

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Charlotte's Blue Sphere plans swine-waste plants in eastern N.C.
Clean energy developer Blue Sphere Corp. has signed options to purchase two sites, roughly 20 acres each in Eastern North Carolina. Charlotte Business Journal
Submitted 12 hours ago

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Pelham could plan more economic development in front of Summer Classics building
PELHAM, Ala. — The winners of Pelham's city elections Tuesday night could push forward a major economic development project. The idea is to create a shopping area complimenting what the Summer Classics building offers by adding shops and restaurants in a nearby parking lot. ABC 33/40 spoke with the current city council president, who said it will benefit merchants and the city. President Rick Hayes said the plan is to sell five acres in front of the building for $850,000. abc3340.com
Submitted 12 hours ago

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Amendment 4 a boon for Florida
Florida voters will have an opportunity this primary election to encourage future solar production in the Sunshine State. Amendment 4 will provide Florida with more solar energy options by removing tax penalties and making solar energy more affordable. This amendment will significantly increase the number of solar jobs, preserve the environment for future generations and move forward with the added development of solar. Suns-Sentinel
Submitted 13 hours ago

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Feeling Cornered, Coal Industry Borrows From Tobacco Playbook, Activists Say
Greg Zimmerman, an environmental activist, was scrolling through the website of a coal industry association when he came across a presentation that startled him: “Survival Is Victory: Lessons From the Tobacco Wars.” What surprised Mr. Zimmerman, the deputy policy director at the Center for Western Priorities, a conservation advocacy organization based in Denver, was that the coal industry was, at least in this presentation, deliberately drawing a comparison between itself and the tobacco companies. New York Times
Submitted 13 hours ago

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Coal towns hit by layoffs getting money for growth
HUNTINGTON, W.Va. (AP) -- Officials say 29 projects in nine Appalachian states and in Texas are being funded by nearly $39 million from a federal initiative aimed at stimulating economic development in U.S. communities hard hit by coal industry layoffs. Officials for the Appalachian Regional Commission and other agencies announced the projects Wednesday at a news conference in Huntington. Wsaz.com
Submitted 13 hours ago

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Jaipur Living Breaks Ground In Cherokee County
ACWORTH, GA -- Jaipur Living, an award-winning home decor company, on Tuesday turned dirt on its new 180,000-square-foot facility in southwest Cherokee County. Commemorating the development of the company’s future headquarters and warehouse space, the ceremonial ground breaking event took place at the Cherokee 75 Corporate Park, which sits along Highway 92 east of Interstate 75. Patch.com
Submitted 13 hours ago

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Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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