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Alcoa to Sell Hydroelectric Project for $600M
Alcoa is selling its 351-megawatt Tapoco hydroelectric project to power provider Brookfield Renewable Energy Partners for about $600 million. Tapoco is a four-station hydroelectric project located on the Little Tennessee and Cheoah rivers in eastern Tennessee and western North Carolina. It's operated by an Alcoa subsidiary. New York Times
Submitted 2 years 117 days ago

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Congress to move highway package with $20B in tax, fee revenue
The highway, student loan and flood insurance package Congress is expected to approve today includes provisions that would raise $20 billion in new tax and fee revenues from companies. The Hill
Submitted 2 years 117 days ago

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The Republican recipe for repeal
Republican hopes to repeal the health care law may come down to a bank shot: A GOP sweep in November and a simple Senate majority — along with some arcane budget procedures — could kill the individual mandate in 2013. Politico
Submitted 2 years 117 days ago

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SC Has The happiest seaside town in America
KIAWAH ISLAND, S.C. – Snug behind a security checkpoint that keeps interlopers off this resort island, families are riding bikes on the wide 10-mile beach and a threesome is teeing off on the verdant, palm-dotted Osprey Point course. USA Today
Submitted 2 years 117 days ago

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Boeing Disparages Airbus's U.S. Plans
Boeing Co. BA +3.21% attacked tentative plans by Airbus to open a new airliner factory in Alabama as failing to offset damage caused by "illegal subsidies." Airbus parent European Aeronautic Defence & Space Co. EAD.FR +4.36% could announce as soon as Monday plans to open an assembly line for A320 airliners near Mobile, according to people familiar with its plans. A plant, if established, would mark the first Airbus plant on U.S. soil. It has plants in France, Germany and China. Wall Street Journal
Submitted 2 years 117 days ago

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Dallas Fed President Explains the Weak Recovery in One Chart
Who says the Fed is immune to provincial pride? In a freewheeling discussion with CNBC's Maria Bartiromo Thursday, Dallas Federal Reserve Bank President Richard Fisher couldn't help but point out how Texas has been crushing it in job growth compared to Uncle Sam. "As a nation, we're way behind," Fisher told attendees at the Aspen Ideas Festival in Colorado. Texas's "miracle" job growth is nothing new, but it does play a role in the current debate inside the Fed over whether the central bank needs to be more aggressive in combatting unemployment. To Fisher, a vocal opponent of the Fed's recent extension of Operation Twist, the Texas experience explains why monetary policy is not the answer to the nation's current ills. The Atlantic
Submitted 2 years 117 days ago

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The Creative Class's Dirty Secret
When I first wrote Rise of the Creative Class, I looked at the creative class as one whole unit. Using data from the Bureau of Labor Statistics, I wasn’t able to look inside this new class and how it might vary by race and gender. Over the ensuing decade, to the best of my knowledge, no one else did either. So when I got around to writing the revised edition of the book, Rise of the Creative Class, Revisited, I decided to take a look. With the help of my colleague Charlotta Mellander, we used the American Community Survey to look at the race and gender composition of the creative class. The findings, while not completely surprising, reflect the intersection of these three major fault-lines of American life. The Atlantic
Submitted 2 years 117 days ago

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TN's ECD website sheds some light on economic incentives
A website debuting today will make it easier for the public to see some of the economic incentives the state has given to companies doing business here. But the move is only a first step toward full transparency regarding the jobs actually created by those firms at a time when economic pressures are making elected officials especially willing to use incentives and subsidies, according to an accountability group that advised state officials as they developed the site. The Tennessean
Submitted 2 years 117 days ago

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Coal Ash, Keystone XL Dropped from Transportation Bill
In the eleventh hour during negotiations on the transportation bill on June 27, language requiring approval of the Keystone XL pipeline and barring the U.S. Environmental Protection Agency (EPA) regulation of coal ash waste was dropped. Alternet
Submitted 2 years 117 days ago

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Conservative Southern Values Revived: How a Brutal Strain of American Aristocrats Have Come to Rule America
It's been said that the rich are different than you and me. What most Americans don't know is that they're also quite different from each other, and that which faction is currently running the show ultimately makes a vast difference in the kind of country we are. Alternet
Submitted 2 years 117 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

The America South is home to almost as many residents as the Northeast and the Midwest combined, but even that statistical record is about to be broken. According to a new Census Bureau study that came out in April, 51 percent of the nation's population jump occurred in the South from 2010 to 2013.
 

 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     
This is our annual "Made in the South" issue and it's timely because there is a new player in the South's manufacturing universe. For almost two decades, economic developers and politicos in the South and the U.S. have been chasing Chinese projects with little or nothing to show. Want proof we've been chasing ghosts in China for years? Okay, go ahead and name a Chinese brand that's made in the South? Tick. . .tick. . .tick. Give up?
 
 Nashville Mayour Karl Dean

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

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