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In Tennessee, Time Comes for a Nuclear Plant Four Decades in the Making
SPRING CITY, Tenn. — When the Tennessee Valley Authority first ordered Watts Bar 2, the nuclear reactor now approaching completion here, demand for electricity was growing at 7 percent a year and coal supplies were uncertain. The mercury, soot and acid rain that coal produced were simply accepted as the way things were, and many of the people who now worry about global warming had not yet been born. New York Times
Submitted 2 years 95 days ago

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Texas has No. 1 business climate, new survey says
Texas is the highest-rated state in another business-climate survey, and Houston ranked among the best cities for economic development. Houston Business Journal
Submitted 2 years 95 days ago

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Hogs ravage crops throughout Georgia
Feral hogs and Georgia's crops. They're two things some farmers say simply don't mix. One Dooly County farmer says he's lost thousands of dollars in peanuts and other crops to the hogs. 13wmaz.com
Submitted 2 years 95 days ago

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Georgia-Pacific expanding Arkansas operation
Georgia-Pacific will invest $37 million in an Arkansas lumber operation to expand capacity by about 60 percent. Atlanta Journal Constitution
Submitted 2 years 95 days ago

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Alabama AG Luther Strange in Huntsville this morning, questions loom over House Speaker Mike Hubbard's legal status
HUNTSVILLE, Alabama -- Alabama Attorney General Luther Strange will be in Huntsville this morning to visit with Crisis Services of North Alabama, as part of a focus on Domestic Violence Awareness Month. Strange, a Republican, is vying for reelection against Democrat Joe Hubbard. AL.com
Submitted 2 years 95 days ago

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Alabama politics? The environment? The press? What does his Holiness say?
Alabama is the state that banned yoga in schools. It did. People figured, well, Jesus would find it weird. I'm pretty sure he wouldn't. But next weekend the city of Birmingham will roll out the red mat for the biggest rock star in Buddhism, his Holiness the 14th Dalai Lama of Tibet himself. Tickets to see him can cost you upwards of $300. But what is the wisdom of the Dalai Lama? And how does it relate to issues in Alabama? Let's see. AL.com
Submitted 2 years 95 days ago

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That's The Randle Report for October 17, 2014
Join us again on Monday morning for all of the American South's business, economic development and political news in real time and in one place. Use the sort buttons or the search window above to find your favorite stories from yesterday, last week, last month or last year. Click on the headline to access Southern Business & Development magazine.
Submitted 2 years 98 days ago

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Dollar edges higher on strong U.S. consumer sentiment data
The U.S. dollar edged higher against a basket of major currencies on Friday after strong data on U.S. consumer sentiment calmed nerves after a week of severe market volatility. Reuters
Submitted 2 years 98 days ago

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VIDEO: Brad Pitt visits Georgia to promote “Fury”
Brad Pitt and his fellow “Fury” stars Shia LaBeouf, Logan Lerman and Michael Peña, along with director David Ayer, visited Fort Benning in Columbus on Thursday to promote “Fury,” the World War II era movie coming out Oct. 17. Atlanta Journal Constitution
Submitted 2 years 98 days ago

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10 Of The Coolest Office Spaces In The US
Cube farms with fluorescent lights may describe the majority of today's American offices, but increasingly savvy companies — especially those in tech — are creating newer, cooler, more innovative spaces for their employees. Business Insider
Submitted 2 years 98 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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