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Doctors Could Help Make Fracking Safer If They Weren't Under Gag Orders
Let’s all agree on two things: First, energy independence is good for our country. And second, clean drinking water is also good for our country. The development of America’s huge stores of natural gas have given us a remarkable opportunity to accomplish the former. In particular, the process of “fracking” has made it possible to tap increasingly more of our huge natural gas reserves. Business Insider
Submitted 2 years 141 days ago

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Student Loan Rate Set to Rise, Despite Lack of Support
The interest rate on many student loans is scheduled to double on July 1, to 6.8 percent from 3.4 percent—just as it was last year, when in the midst of an election campaign, Congress voted to extend the lower rate. CNBC
Submitted 2 years 141 days ago

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What business gets more customers every year but keeps losing money?
WASHINGTON — What business gets more customers every year, yet keeps losing money? The U.S. Postal Service delivers mail to 11 million more homes, offices and other addresses than it did a decade ago, even as the amount of mail that people in the United States receive has dropped sharply. Washington Post
Submitted 2 years 141 days ago

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Watch A Fighter Jet Pilot Do Tricks In A Boeing Dreamliner


Business Insider
Submitted 2 years 141 days ago

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LaHood: Boeing's 787 fix a good plan
Boeing Co. has a "good plan" to fix the battery problem that has grounded its 787 Dreamliner jets since January, U.S. Transportation Secretary Ray LaHood said on Friday. Chicago Tribune
Submitted 2 years 141 days ago

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United plans to fly Dreamliner again on May 31
United Airlines said Monday it plans to fly the Boeing 787 Dreamliner for the first time after its grounding on May 31. The first United customers to fly on the plane will be those traveling from Denver to Houston, an airline spokeswoman said. It plans to get the jet back into service with U.S. routes at first. United has six of the jets. Chicago Tribune
Submitted 2 years 141 days ago

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Once unprofitable West Texas oil play is now booming
The East Texas Field made its name in the oil industry as "The Black Giant." But the nickname hung on West Texas' Spraberry formation during the 1960s wasn't nearly as inspiring. The Oklahoman
Submitted 2 years 141 days ago

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5 Things Ron Johnson Did Right At JC Penney
Hindsight is 20/20. In retrospect, it will be obvious that Ron Johnson, arrogantly wanting to become the Steve Jobs of retail, made terrible mistakes at JC Penney which caused the embattled retailer to further lose out in a very tough environment (secular decline of the department store; the internet; a weak consumer economy). Yes, “mistakes were made.” Forbes
Submitted 2 years 141 days ago

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Ron Johnson Out At TX-based JCPenney
Ron Johnson is out as JCPenney CEO. Mike Ullman, the former chief executive of the company, will take the helm as interim CEO, the company said in a statement. Business Insider
Submitted 2 years 141 days ago

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Then there were 3: The Southern Democratic holdouts on same-sex marriage
It's been almost a year since President Obama announced his support for same-sex marriage, and the dominoes have steadily fallen as 54 of 100 U.S. senators - including two Republicans - have joined the cause's scaffolding. Retiring South Dakota Sen. Tim Johnson's announcement Monday that his "views have evolved sufficiently to support marriage equality legislation" whittles the number of outlying senators in the Democratic Caucus to three: a number that will likely stand until the 2014 midterm elections. CBS News
Submitted 2 years 141 days ago

 

 

 

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     
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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