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Ford unveils the CNG F-150 that will be modified in Dallas
Westport Dallas could be adding workers and shifts to keep up with demand for the new compressed natural gas F-150, said Paul Shaffer, vice president and managing director for the West Dallas conversion company. Dallas Business Journal
Submitted 4 hours ago

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Office tower in uptown Charlotte sells for $108 million
LRC Properties and Cornerstone Real Estate Advisors have purchased the 101 Independence Center office building in uptown Charlotte for $107.75 million. Charlotte Business Journal
Submitted 4 hours ago

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AL Gov. Bentley speaks out against casino and lottery proposal
The legislative back-and-forth over the state's budget woes continues. Gov. Robert Bentley on Monday spoke about his disapproval of gambling as a means of closing the state's $700 million budget deficit, according to a report from the Montgomery Advertiser. Bentley then threatened to call the Legislature into special session if his budget proposals are not approved. Birmingham Business Journal
Submitted 4 hours ago

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For $150 And An Essay, You Can Win A Alabama Goat Farm
Lots of things can get your goat. Fewer things actually give you 85 goats. But a new competition set up by an Alabama couple is actually designed to do exactly that. Leslie and Paul Spells of Humble Heart Farms have decided to give their mortgage-free farm, all the goats on it, the tools and training to continue their goat cheese business, and $20,000 to put toward startup costs to the winner of an essay contest. Huffington Post
Submitted 4 hours ago

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ISIS Claims Responsibility For Texas Attack
CAIRO (AP) — The Islamic State group claimed responsibility on Tuesday for a weekend attack at a center near Dallas, Texas, that was exhibiting cartoon depictions of the Prophet Muhammad — though it offered no evidence of a direct link to the attackers. Huffington Post
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Can Huckabee Overcome The 'New Car Smell' Of Other Candidates?
Meet Mike Huckabee, former Arkansas governor. Forget about Mike Huckabee, Fox News host. That's the message the GOP presidential hopeful is trying to convey as he makes another bid for the presidency. To recapture the magic that propelled him to second place in 2008, he needs to re-embrace his roots and downplay the political celebrity he's created in the past eight years. NPR
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The Republican Presidential Field Just Got More Diverse. So What?
With the entrance of Ben Carson and Carly Fiorina, the 2016 Republican presidential field just got even more diverse. Carson is black, and Fiorina is the only woman not named Hillary Clinton running for president from the two major parties. They join two Latinos on the GOP side — Sens. Marco Rubio of Florida and Ted Cruz of Texas. NPR
Submitted 4 hours ago

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Will Perry's legacy help or hurt him in presidential run?
AUSTIN - Former Gov. Rick Perry is touting his Texas legacy as he prepares to run for president, but lawmakers back home are busily chipping away at it with prodding from his successor, Greg Abbott. Houston Chronicle
Submitted 5 hours ago

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Does European attraction hold a key to the Astrodome's future?
For years, Ed Emmett has been trying to figure out what to do with the Astrodome, one of the world's grandest and wackiest-looking civic arenas. This week, he is on an expedition to see another of the world's wacky wonders, a massive blimp hangar at a former Luftwaffe airfield in Germany that has been converted into the world's largest indoor rainforest. Houston Chronicle
Submitted 5 hours ago

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Fresno to South Bend to Louisville: The Elusive Elements of Civic Success
Earlier today I mentioned a video that a public-private alliance in Fresno, California, has produced to explain why they want to bulldoze a historic, artsy downtown pedestrian mall and re-open it to cars. Described that way, naturally the project sounds like a sacrilege. But I said that I’d become convinced of the logic behind their plan, in part based on what we’d seen in a number of other revived-downtown cities across the country. The Atlantic
Submitted 5 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 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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