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Duke CEO: Customers will cover coal ash removal
CHARLOTTE, N.C. — Duke Energy Chief Executive Lynn Good said Friday that customers will shoulder most of the cost of emptying out the utility's 31 coal ash ponds in North Carolina. Good's comments, first reported by The Charlotte Observer, were confirmed Friday evening by Duke spokeswoman Paige Sheehan. wral.com
Submitted 2 years 108 days ago

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Third pipe at Dan River NC plant leaking coal ash, EPA says
The U.S. Environmental Protection Agency has confirmed that coal ash is leaking from a third pipe at Duke Energy’s Dan River Steam Station in Eden. Triangle Business Journal
Submitted 2 years 108 days ago

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CNBC segment features TIMCO's job creation efforts, challenges
It may have been icy this morning, but that didn't stop CNBC from reporting live Friday in Greensboro on TIMCO Aviation Services Inc.'s efforts to create new jobs and a pipeline of workers. Triangle Business Journal
Submitted 2 years 108 days ago

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Out to Lunch
The Randle Report is breaking for lunch and making way for a new editor shift. Click on the headline above to access Southern Business & Development's Web site for more detailed information on economic development in the South. Posts will resume at 1:30 pm CDT.
Submitted 2 years 108 days ago

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VIDEO: POLITICO Playback


Politico
Submitted 2 years 108 days ago

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This is what a job in the U.S.’ new manufacturing industry looks like
Chris Young's pain is in his wrists. It started about a year ago -- at first a numbness, and then sharp pains, all the way up to his elbow. He'd injured the left wrist in a long-ago motorcycle accident, but it didn't act up again until he spent months moving heavy pieces of metal, again and again, at Nissan's manufacturing plant in Smyrna, Tenn. Managers transferred him off that part of the line. Still, there's no way to make it stop completely. Washington Post
Submitted 2 years 108 days ago

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Voices: The weird and wonderful ways of SXSW
AUSTIN — The shark was officially jumped at South by Southwest when billionaire Mark Cuban — yeah, he of Shark Tank fame — compared Bitcoin to buying and selling baseball cards. USA Today
Submitted 2 years 108 days ago

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Day 3 of SXSW 2014: Five things we learned
Three days down, seven to go. As we finish up the third day, SXSW 2014 delivered insight on the rise of technology in the health industry, while one NBA owner shared his take on the controversial currency Bitcoin. Here's a look at the five things we learned after day 3: USA Today
Submitted 2 years 108 days ago

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SXSW: Snowden Speech Has Conference Buzzing, Congressman Stewing
Former NSA contractor Edward Snowden will speak via videoconference to the attendees of South by Southwest Interactive later this morning, and you can bet a much wider audience than just those here in Austin will be watching. NPR
Submitted 2 years 108 days ago

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The creepiest brownies. Ever. #SXSW
I'm not really one to pass up a brownie. But this one makes me wee bit nervous. It was nestled in a vending machine at 307 E. 2nd St. (Trinity St.) near the convention center in Austin ... in front of the Bates Motel. San Antonio Business Journal
Submitted 2 years 108 days 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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