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The 113th Congress is the most diverse in history
A record number of women and racial minorities were elected to the 113th Congress, which was sworn in Thursday. Among them was the first Buddhist to join the Senate, as well as the first Hindu and the first openly bisexual woman in the House. Washington Post
Submitted 2 years 143 days ago

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Transocean agrees to plead guilty, pay $1.4 billion in fines over 2010 Gulf spill
Transocean Ltd., the owner of the ill-fated Deepwater Horizon rig that was leased to BP when its Macondo well erupted off the Louisiana coast in 2010, has agreed to pay $1.4 billion in civil and criminal fines and penalties for its role in the massive oil spill, one of the worst environmental disasters in U.S. history, the company and the U.S. Department of Justice announced Thursday. Times-Picayune
Submitted 2 years 143 days ago

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Drummond Co. brings a monster machine back to life as Alabama's mining industry looks to be reborn
BROOKWOOD, Alabama -- The scale of the thing is such that, when you see it in person, your mind at first refuses to believe what your eyes insist is true. It looks less like a machine than a monster movie robot, towering out of place above the Tuscaloosa County woods as it trudges eastward toward Jefferson County. al.com
Submitted 2 years 143 days ago

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The 'fiscal cliff' explained in just 100 words
With so much having been written about the "fiscal cliff," here's one more attempt at explaining everything that just happened -- in just 100 words. al.com
Submitted 2 years 143 days ago

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Boehner Retains Speaker’s Post, but Dissidents Nip at His Heels
WASHINGTON — Representative John A. Boehner of Ohio was narrowly re-elected speaker of the House on Thursday amid open dissent from conservatives on the House floor that signaled that the turmoil and division of the 112th Congress is likely to spill into the newly constituted 113th. New York Times
Submitted 2 years 143 days ago

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John Boehner reelected as House speaker


Washington Post
Submitted 2 years 143 days ago

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Shreveport GM plant acquired by Elio Motors; move lauded by local politicians
Shreveport's shuttered General Motors plant will soon be the home of start-up auto company Elio Motors Inc., Gov. Bobby Jindal's office announced Thursday. The Phoenix-based "ultra-high mileage" car manufacturer acquired the plant under terms negotiated by a trust set up to redevelop former GM locations. Times-Picayune
Submitted 2 years 143 days ago

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Casino gambling without connection to racetracks could be pushed by KY Gov. Beshear
Kentucky Gov. Steve Beshear said Thursday he is considering a casino amendment for this General Assembly that would have no connection with racetracks. Business First
Submitted 2 years 143 days ago

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N.C. is still among high-growth states
North Carolina’s population is outgrowing those of most other states, the Triangle Business Journal reports, pointing to annual estimates the U.S. Census Bureau published Thursday. Charlotte Business Journal
Submitted 2 years 143 days ago

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N.C. legislators looking at requirements for business licenses
CHARLOTTE – State lawmakers say they're looking into the licenses required to do business in North Carolina. Critics say many of the licenses are unnecessary and they discourage competition. "In North Carolina, in particular, landscape contractor is one of the toughest occupations to break into. It requires three years of experience,” said Lisa Knepper, who studies professional licenses at the Institute for Justice, a Washington advocacy group. charlotte.news14.com
Submitted 2 years 143 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 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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